AVEM — Avantis Emerging Markets Equity ETF

AVEM Price Performance — Growth of $10,000

Value of a $10,000 investment in AVEM over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

AVEM Drawdown

The "underwater" chart: AVEM's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Avantis Emerging Markets Equity ETF (AVEM) is an emerging markets fund issued by Avantis Investors with $28.1 billion in assets under management. It holds a B grade (75.7/100) and ranks 3 of 10 within its category, placing it 43rd among 458 tracked ETFs overall. The fund’s 0.33% expense ratio sits above the category median of 0.29%, while its 1.86% dividend yield trails the median of 1.91%. Top ten holdings comprise 29.8% of assets, with SK hynix Inc representing the largest single position at 7.8%.

Price action shows the fund trading at $96.20, which is 83.4% of its 52-week range between $72.94 and $100.83. Short-term momentum is evident with a 1-month return of +4.26% and a 1-week gain of +1.81%, contrasting with a -0.63% drop in the last day. Longer-term results are stronger, with a 1-year return of +36.38% outpacing the category median of +31.60% and a 3-year total return of +93.89%. The ETFValuer grade has remained unchanged at B across the last 35 tracked days, based on 3.0 years of available price history.

The fund exhibits high volatility at 24.18% annualized, accompanied by a beta of 1.03 indicating slightly greater sensitivity to market movements than the broader market. A Sharpe ratio of 1.30 suggests favorable risk-adjusted returns relative to the volatility experienced. Maximum drawdowns have reached -18.02%, reflecting significant historical declines from peak values. Liquidity is supported by an average daily volume of 1,734,693 shares, though the bid/ask spread of 0.72% indicates moderate trading costs.

AI-generated summary based on the data on this page.

AVEM Top Holdings

Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 29.8% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how AVEM's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With AVEM

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with AVEM's top 10 — ESGE overlaps most, holding 8 of the same companies as AVEM's top 10 (29.0% of AVEM's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.78% (as of 2026-09-04) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 15.30 (as of 2026-09-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

Trade-Weighted US Dollar Index: 118.07 (as of 2026-09-04) — Measures the US dollar’s strength against major trading-partner currencies — dollar moves directly affect the US-dollar value of this fund’s international holdings.

AVEM Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.72% and average daily volume is 1.7M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $28.1B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: AVEM is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

AVEM Performance History

How AVEM Compares to Other Emerging Markets ETFs