AVEM vs EMOP

AVEMAAvantis Emerging Markets Equity ETF

EMOPCAB Emerging Markets Opportunities ETF

In short

AVEM Emerging 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.

EMOP Active emerging-markets investing with conviction: roughly 60 stocks picked through AB's Quality, Sentiment and Price lens rather than a thousand-name index. Human judgment makes the country and company calls here.

Stated mandate

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

EMOP The fund is an actively managed emerging-markets equity strategy investing across developing economies in companies selected for strong fundamentals and long-term growth potential.

Why people hold it

• AVEM 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.

• EMOP Runs a concentrated book of about 60 emerging-market companies selected on fundamentals and long-term growth potential, not whatever a benchmark happens to hold.alliancebernstein.com
• Blends growth, quality and value under one Quality, Sentiment and Price screen, so it isn't a single-style bet on whichever factor EM markets are rewarding.alliancebernstein.com
• Getting in and out has been among the smoother experiences in the active EM group, which counts when the underlying shares trade in distant time zones.

Worth knowing

• AVEM 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.

• EMOP The 0.70% expense ratio sits above the active EM median of 0.65% and roughly double systematic peers such as AVEM and JEMA at 0.33%.
• Launched in January 2026, so the live record is short and has not yet spanned a full emerging-markets cycle.
• With about 60 names, single-stock and single-country calls carry real weight; broad EM index funds spread the same money across thousands of positions.

Full AVEM profile⁠

Full EMOP profile⁠