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Launched · SEC filings

Avantis Emerging Markets Equity ETF

AVEMNYSE ArcaAvantisA

$85.86−0.12 (−0.14%)

As of Nov 3, 2026, 1:50 PM ET

A86/ 100

Rank 1 of 27 in Emerging Markets Active Equity

A86/100Rank 1 of 27inEmerging Markets Active Equity
Intraday session: down, 53 prints from 85.98 to 85.86. Range 85.86 to 86.30. Use the arrow keys to read each point.86.1086.2086.3010 AM12 PM2 PM4 PM
Expense ratio
0.33%
Fund size
$26.7B
1Y total return
+14.1%
Yield · Last 12 months
2.79%
Holdings
4058
Avg volume · 30D
1.8M sh
52W range
low $73.79high $100.83
Launched
Filings
SEC EDGAR

The ETF.net AVEM Grade

Based on 5 of 6 pillars

A

Score 86 out of 100

Category
Emerging Markets Active Equity⁠
Rank
1 of 27
Six-pillar profile for AVEM. Scores out of 100: Cost 94, Risk 57, Mission not scored, Tradability 98, Holdings 85, Durability 92. Strongest: Tradability (98). Weakest: Risk (57). Based on 5 of 6 pillars.

Score 86 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A94 out of 100
    Rank 1 of 27

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B57 out of 100
    Rank 9 of 27

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A98 out of 100
    Rank 1 of 27

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A85 out of 100
    Rank 4 of 25

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A92 out of 100
    Rank 1 of 27

Our read on AVEM

ETF.net Research

In short

AEmerging markets taken whole: roughly 3,900 stocks, large down to small, with an active tilt toward cheaper and more profitable companies. Avantis charges about half the typical active EM fee to do it.

Stated mandate

Seeks long-term capital appreciation by investing in a broad range of companies across emerging-market countries and all market capitalizations.

Why people hold it

  • Fee is 0.33% a year against a 0.65% median for active emerging-markets funds, so the active tilt starts from a low-cost base.
  • Owns roughly 3,900 names across the MSCI Emerging Markets IMI universe, including small caps, rather than a short stock-picker's list.avantisinvestors.com
  • Active, but rules-driven: the portfolio leans toward lower valuations and higher profitability instead of relying on manager hunches.
  • Running since 2019 and now a multi-billion-dollar, actively traded fund. One of the strongest implementations in its emerging-markets peer group.

Worth knowing

  • Emerging-market equity is a bumpy asset class, and returns arrive in dollars, so local currency swings add a second layer of movement.
  • The value and profitability tilts are the whole point, which means the fund is built to drift from a plain market-cap EM index, sometimes for long stretches.
  • No China carve-out: this one takes the full EM opportunity set. Avantis runs AVXC on the same approach for those who want it without China.

AVEM Holdings

Holdings pillarA85 out of 100Rank 4 of 25 in Emerging Markets Active Equity
Asset class
Stocks
Holdings
4,058
Top-10 weight
28%
Largest holding
TSM6.5%

Sectors

  • Technology39.2%
  • Financials19.8%
  • Industrials7.9%
  • Consumer Discretionary7.6%
  • Materials6.5%
  • Communication5.0%
  • Energy4.3%
  • Health Care3.3%
  • Consumer Staples2.8%
  • Utilities2.2%
  • Real Estate1.6%

Geography

  • Taiwan30.58%
  • South Korea20.21%
  • China18.22%
  • India12.53%
  • Brazil3.93%
  • South Africa2.98%
  • Mexico1.93%
  • Thailand1.37%
  • Other countries (17)8.25%

Developed 1% · Emerging 99% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 271.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1TSMTaiwan Semiconductor Sp Adr Adr6.53%4,293,815$1.74B284
22330.TWTaiwan Semiconductor Manufac Common Stock TWD10.05.93%22,190,000$1.58B176
3SMSN.LSamsung Electr Gdr Reg’s Gdr5.25%343,486$1.4B18
4000660.KSSk Hynix Inc Common Stock KRW5000.04.89%1,284,572$1.31B186
50700.HKTencent Holdings Ltd Common Stock HKD.000021.52%8,299,800$406M152
60939.HKChina Construction Bank H Common Stock CNY1.01.08%219,511,000$287M113
72454.TWMediatek Inc Common Stock TWD10.00.93%2,121,000$250M171
82317.TWHon Hai Precision Industry Common Stock TWD10.00.73%26,049,000$194M122
9BABAAlibaba Group Holding Sp Adr Adr USD.0000250.71%1,926,815$189M74
102881.TWFubon Financial Holding Co Common Stock TWD10.00.62%33,675,918$166M103
113988.HKBank of China Ltd H Common Stock CNY1.00.61%207,877,000$163M103
121398.HKInd & Comm Bk of China H Common Stock CNY1.00.57%150,666,000$152M102
132303.TWUnited Microelectronics Corp Common Stock TWD10.00.56%44,526,000$149M116
14ASXAse Technology Holding Adr Adr0.54%3,647,050$144M45
15IBNIcici Bank Ltd Spon Adr Adr0.52%4,724,003$139M51

Showing 1–15 of 4058 holdings

AVEM Performance

Launched Sep 17, 2019

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
AVEM$11,411
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. AVEM $11,411. SPY $11,146. Use the arrow keys to read each point.$10,000$11,000$12,000$13,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for AVEM. Periods over one year show the average yearly return.
PeriodAVEM
Year to date+13.1%
1 month−9.9%
3 months−3.3%
1 year+14.1%
3 yearsper year+21.6%
5 yearsper year+9.1%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for AVEM
YearReturn barAVEM
2026 YTD+13.1%
2025+34.5%
2024+7.5%
2023+15.3%
2022−18.1%
2021+5.2%
2020+14.4%

AVEM in the news

AVEM Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 2, 2026.
2.79%Last 12 months
Payout per share
$2.40Last 12 months
Last payment
$0.65 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2019–2026

One bar per payment. 16 payments from 2019 to 2026 YTD. Dec 23, 2019 $0.19; Jun 23, 2020 $0.35; Dec 17, 2020 $0.64; Jun 22, 2021 $0.44; Dec 16, 2021 $1.21; Jun 21, 2022 $0.52; Dec 15, 2022 $0.87; Jun 20, 2023 $0.58; Dec 18, 2023 $1.14; Jun 24, 2024 $0.57; Dec 17, 2024 $1.30; Jun 24, 2025 $0.72; Dec 16, 2025 $1.16; Mar 10, 2026 $0.06; Jun 9, 2026 $0.53; Sep 8, 2026 $0.65. Use the arrow keys to read each point.20192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 8, 2026Sep 10, 2026$0.65
Jun 9, 2026Jun 11, 2026$0.53
Mar 10, 2026Mar 12, 2026$0.06
Dec 16, 2025Dec 18, 2025$1.16
Jun 24, 2025Jun 26, 2025$0.72
Dec 17, 2024Dec 19, 2024$1.30
Jun 24, 2024Jun 26, 2024$0.57
Dec 18, 2023Dec 21, 2023$1.14
Jun 20, 2023Jun 23, 2023$0.58
Dec 15, 2022Dec 20, 2022$0.87
Jun 21, 2022Jun 24, 2022$0.52
Dec 16, 2021Dec 21, 2021$1.21

See all 16 payments⁠

$10,000 in AVEM 5 years ago paid $1,437 in dividends.⁠

AVEM Risk

Risk pillarB57 out of 100Rank 9 of 27 in Emerging Markets Active Equity
How much the fund’s monthly returns vary, scaled to a year.
16.2%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.08
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−30.6%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.02
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

AVEM Cost

Tied cheapest in Emerging Markets Active Equity

$6,737

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AVEM 0.33%

    $6,737

$10,000
30 years

Cost over time

  • AVEM 0.33%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530AVEM $6,737

Year by year

YearAVEM
10$598
20$2,318
30$6,737

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