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AVES vs JPEM

Avantis Emerging Markets Value ETF

AVESANYSE Arca

JPMorgan Diversified Return Emerging Markets Equity ETF

JPEMBNYSE Arca

Overlap

Expense ratio

AVES −0.08pt a year

AVES0.36%JPEM0.44%

Avg volume · 30D

AVES 5.6×the volume

AVES98.2KJPEM17.4K

5Y return · a year

AVES +1.2pt

AVES+7.6%JPEM+6.4%

AVES vs JPEM Performance

Nov 2, 2021 – Nov 2, 2026

+44.1%AVES+36.6%JPEM

Nov 2, 2021 to Nov 2, 2026. AVES +44.1%. JPEM +36.6%. Use the arrow keys to read each point.−20%0%20%60%Nov 2021May 2024Nov 2026
Expense ratio
AVES 0.36%, better
JPEM 0.44%
Fund size
AVES $1.45B
JPEM $362M
1Y total return
AVES +7.7%, better
JPEM +7.6%
Yield (12M)
AVES 3.70%
JPEM 4.68%, better
Holdings
AVES 1997
JPEM 562
Avg volume (30D)
AVES 98.2K sh, better
JPEM 17.4K sh
NAV per share
AVES $60.00
JPEM $61.28
52W range

ETF.net Grade

AVES: Cost 68, Risk 52, Mission not scored, Tradability 92, Holdings 88, Durability 57. JPEM: Cost 53, Risk 74, Mission not scored, Tradability 68, Holdings 63, Durability 72.
Pillar letters and Scores for AVES, JPEM, with each pillar’s weight
PillarAVESJPEM
Cost30% weightB68HigherC53
Mission25% weightNot scoredNot scored
Risk15% weightC52A74Higher
Tradability15% weightA92HigherB68
Holdings10% weightA88HigherB63
Durability5% weightB57A72Higher

Rank among Emerging Markets Multifactor funds

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

Same Category. AVES and JPEM are both graded against the same 20 Emerging Markets Multifactor funds, so their Grades compare head to head.

See all 20 ›

AVES ranks 2nd and JPEM 6th of 20 funds in the Emerging Markets Multifactor Category.

  1. Rank 1AEMGFiShares Emerging Markets Equity Factor ETFScore 75
  2. Rank 2AAVESAvantis Emerging Markets Value ETFScore 71
  3. Rank 3AFDEMFidelity Emerging Markets Multifactor ETFScore 70
  4. Rank 5BDFEVDimensional Emerging Markets Value ETFScore 63
  5. Rank 6BJPEMJPMorgan Diversified Return Emerging Markets Equity ETFScore 62
  6. Rank 7BQLVENorthern Trust Emerging Markets Quality Low Volatility ETFScore 61

Our read on each fund

ETF.net Research

AVESAAvantis Emerging Markets Value ETF

JPEMBJPMorgan Diversified Return Emerging Markets Equity ETF

In short

AVES Avantis starts with the emerging markets universe and tilts it: cheap valuations, profitable companies, roughly 1,800 names from megacaps down to small caps. Broad EM exposure with a deliberate value-and-quality slant, priced under the typical multifactor rival.

JPEM A 2015-vintage multifactor read on emerging markets: JPMorgan spreads roughly 600 names across value, quality and momentum rather than letting the biggest companies set the weights.

Stated mandate

AVES The fund seeks long-term capital appreciation.

JPEM The fund is designed to provide emerging-markets equity exposure with potentially improved risk-adjusted returns versus a market-cap-weighted index.

Why people hold it

  • AVES Charges 0.36% a year, below the 0.48% median for emerging markets multifactor funds. EM is where fee gaps usually run widest.
  • Two screens, not one: it tilts toward cheap valuations and toward high profitability, so the deep-value bucket gets a quality filter on the way in.avantisinvestors.com
  • Roughly 1,800 holdings across the MSCI Emerging Markets IMI Value opportunity set, meaning small caps ride along rather than getting screened out.
  • Portfolio build sits in the top quartile of its EM multifactor peer group in our review, and the fund is a multi-billion-dollar, regularly traded name.
  • JPEM Blends three factors at once (value, quality, momentum) instead of betting on one, tracking JPMorgan's own Diversified Factor Emerging Markets index.
  • The 0.44% expense ratio sits under the typical multifactor EM fund's fee.
  • Roughly 600 holdings spread the bet wide, and the fund pays quarterly.
  • Rates as one of the stronger builds in a crowded multifactor EM field on our review.

Worth knowing

  • AVES Value in emerging markets means leaning into cheaper, cyclical corners of the market, plus currency swings. A bumpier ride than a plain broad EM index.
  • Cost is not the floor here: peer EMGF runs a multifactor EM portfolio for 0.26%, ten basis points less.
  • Launched in 2021, so its live record is shorter than the older EM factor funds it lines up against.
  • JPEM Thinly traded, so bid-ask spreads can run wider than the giant cap-weighted EM index funds.
  • Cheaper factor routes exist: EMGF charges 0.26% and QEMM 0.30%.
  • Factor weighting means the portfolio can look nothing like a market-cap EM benchmark, and diverge from it for long stretches.

Full AVES profile⁠

Full JPEM profile⁠

AVES vs JPEM 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.

AVES vs JPEM Cost

Overpaying JPEM vs AVES

$1,532

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

  • AVES 0.36%

    $7,320

  • JPEM 0.44%

    $8,852

$10,000
30 years

Cost over time

  • AVES 0.36%
  • JPEM 0.44%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530JPEM $8,852AVES $7,320

Year by year

YearAVESJPEMOverpaying
10$652$794$142
20$2,522$3,061$539
30$7,320$8,852$1,532

Expense ratio

  • 0.36%AVES, cheaper
  • 0.44%JPEM
  • Middle half of Emerging Markets Multifactor funds
  • Median 0.44%

AVES 8th cheapest of 20 funds

JPEM 10th cheapest of 20 funds

AVES vs JPEM Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
AVES 3.70%
JPEM 4.68%, better
Payout (12M)
AVES $2.23
JPEM $2.88
Last payment
AVES $0.62
JPEM $0.80
Ex-dividend
AVES Sep 8, 2026
JPEM Sep 22, 2026
Paid on
AVES Sep 10, 2026
JPEM Sep 24, 2026
Frequency
AVES Quarterly
JPEM Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

AVESQuarterly · 12 paymentsAll AVES payments⁠
One bar per payment. 12 payments from 2017 to 2026 YTD. Dec 16, 2021 $0.32; Jun 21, 2022 $0.48; Dec 15, 2022 $1.03; Jun 20, 2023 $0.49; Dec 18, 2023 $1.33; Jun 24, 2024 $0.48; Dec 17, 2024 $1.41; Jun 24, 2025 $0.74; Dec 16, 2025 $1.10; Mar 10, 2026 $0.07; Jun 9, 2026 $0.44; Sep 8, 2026 $0.62. Use the arrow keys to read each point.$0$12017202020232026YTD
JPEMQuarterly · 36 paymentsAll JPEM payments⁠
One bar per payment. 36 payments from 2017 to 2026 YTD. Dec 26, 2017 $1.25; Mar 21, 2018 $0.11; Jun 26, 2018 $0.39; Sep 25, 2018 $0.71; Dec 24, 2018 $0.21; Mar 20, 2019 $0.13; Jun 25, 2019 $0.54; Sep 24, 2019 $0.64; Dec 23, 2019 $0.67; Mar 24, 2020 $0.19; Jun 23, 2020 $0.42; Sep 22, 2020 $0.66; Dec 22, 2020 $0.29; Mar 23, 2021 $0.15; Jun 22, 2021 $0.80; Sep 21, 2021 $0.75; Dec 21, 2021 $0.80; Mar 22, 2022 $0.26; Jun 21, 2022 $0.76; Sep 20, 2022 $0.98; Dec 20, 2022 $0.32; Mar 21, 2023 $0.06; Jun 20, 2023 $0.70; Sep 19, 2023 $0.82; Dec 19, 2023 $0.75; Mar 19, 2024 $0.09; Jun 25, 2024 $0.77; Sep 24, 2024 $0.78; Dec 24, 2024 $1.01; Mar 25, 2025 $0.23; Jun 24, 2025 $0.86; Sep 23, 2025 $0.69; Dec 23, 2025 $1.03; Mar 24, 2026 $0.26; Jun 23, 2026 $0.79; Sep 22, 2026 $0.80. Use the arrow keys to read each point.$0$12017202020232026YTD

AVES vs JPEM Risk

Fall from peak · 5 years

  • AVES
  • JPEM
Nov 2, 2021 to Nov 2, 2026. Worst fall: AVES −27.4% · Oct 2022. Use the arrow keys to read each point.−30%−20%−10%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
AVES 14.7%JPEM 10.1%, better
Return per unit of riskSharpe ratio, 3 years
AVES 0.88JPEM 0.88Same figure. Both funds show the same value, so neither comes out ahead.
Worst fallMax drawdown, 5 years
AVES −27.4%JPEM −21.6%, better
Market sensitivityBeta, 5 years
AVES 0.98JPEM 0.64

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