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AVEM vs FEMR

Avantis Emerging Markets Equity ETF

AVEMANYSE Arca

Fidelity Enhanced Emerging Markets ETF

FEMRBNYSE Arca

Overlap

Expense ratio

AVEM −0.06pt a year

AVEM0.33%FEMR0.39%

Avg volume · 30D

AVEM 43.9×the volume

AVEM1.8MFEMR40.9K

AVEM vs FEMR Performance

Oct 31, 2025 – Oct 30, 2026

+14.2%AVEM+19.2%FEMR

Oct 31, 2025 to Oct 30, 2026. AVEM +14.2%. FEMR +19.2%. Use the arrow keys to read each point.0%30%40%Oct 2025Apr 2026Oct 2026
Expense ratio
AVEM 0.33%, better
FEMR 0.39%
Fund size
AVEM $26.7B
FEMR $202M
1Y total return
AVEM +14.2%
FEMR +19.2%, better
Yield (12M)
AVEM 2.79%, better
FEMR 2.00%
Holdings
AVEM 4068
FEMR 178
Avg volume (30D)
AVEM 1.8M sh, better
FEMR 40.9K sh
NAV per share
AVEM $85.70
FEMR $38.06
52W range

ETF.net Grade

AVEM: Cost 94, Risk 57, Mission not scored, Tradability 98, Holdings 85, Durability 92. FEMR: Cost 81, Risk 52, Mission not scored, Tradability 69, Holdings 63, Durability 60.
Pillar letters and Scores for AVEM, FEMR, with each pillar’s weight
PillarAVEMFEMR
Cost30% weightA94HigherA81
Mission25% weightNot scoredNot scored
Risk15% weightB57HigherC52
Tradability15% weightA98HigherB69
Holdings10% weightA85HigherB63
Durability5% weightA92HigherB60

Rank among Emerging Markets Active Equity funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AVEM and FEMR are both graded against the same 27 Emerging Markets Active Equity funds, so their Grades compare head to head.

See all 27 ›

AVEM ranks 1st and FEMR 7th of 27 funds in the Emerging Markets Active Equity Category.

  1. Rank 1AAVEMAvantis Emerging Markets Equity ETFScore 86
  2. Rank 2AJEMAJPMorgan ActiveBuilders Emerging Markets Equity ETFScore 82
  3. Rank 6BAVEEAvantis Emerging Markets Small Cap Equity ETFScore 69
  4. Rank 7BFEMRFidelity Enhanced Emerging Markets ETFScore 68
  5. Rank 8BSEEMSEI Select Emerging Markets Equity ETFScore 60

Our read on each fund

ETF.net Research

AVEMAAvantis Emerging Markets Equity ETF

FEMRBFidelity Enhanced Emerging Markets 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.

FEMR No data

Stated mandate

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

FEMR No data

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.

FEMR No data

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.

FEMR No data

Full AVEM profile⁠

Full FEMR profile⁠

AVEM vs FEMR Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AVEM vs FEMR Cost

Overpaying FEMR vs AVEM

$1,161

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

  • AVEM 0.33%

    $6,737

  • FEMR 0.39%

    $7,898

$10,000
30 years

Cost over time

  • AVEM 0.33%
  • FEMR 0.39%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530FEMR $7,898AVEM $6,737

Year by year

YearAVEMFEMROverpaying
10$598$705$107
20$2,318$2,725$407
30$6,737$7,898$1,161

Expense ratio

  • 0.33%AVEM, cheaper
  • 0.39%FEMR
  • Middle half of Emerging Markets Active Equity funds
  • Median 0.65%

AVEM cheapest of 27 funds

FEMR 5th cheapest of 27 funds

AVEM vs FEMR Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AVEM 2.79%, better
FEMR 2.00%
Payout (12M)
AVEM $2.40
FEMR $0.75
Last payment
AVEM $0.65
FEMR $0.29
Ex-dividend
AVEM Sep 8, 2026
FEMR Sep 18, 2026
Paid on
AVEM Sep 10, 2026
FEMR Sep 22, 2026
Frequency
AVEM Quarterly
FEMR Quarterly

Distribution history

Per share, 2019 to 2026, same scale for both

AVEMQuarterly · 16 paymentsAll AVEM payments⁠
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.$0$1202020232026YTD
FEMRQuarterly · 8 paymentsAll FEMR payments⁠
One bar per payment. 8 payments from 2019 to 2026 YTD. Dec 20, 2024 $0.09; Mar 21, 2025 $0.09; Jun 20, 2025 $0.25; Sep 19, 2025 $0.15; Dec 19, 2025 $0.14; Mar 20, 2026 $0.08; Jun 18, 2026 $0.25; Sep 18, 2026 $0.29. Use the arrow keys to read each point.$0$1202020232026YTD

AVEM vs FEMR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AVEM 16.2%FEMR 19.9%since Dec 2024
Return per unit of riskSharpe ratio, 3 years
AVEM 1.08FEMR 1.10since Dec 2024
Worst fallMax drawdown, 5 years
AVEM −30.6%FEMR −15.6%since Nov 2024
Market sensitivityBeta, 5 years
AVEM 1.02FEMR 1.06

AVEM and FEMR in the news

Popular comparisons

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