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AVSE vs MEMA

Avantis Responsible Emerging Markets Equity ETF

AVSEANYSE Arca

Man Active Emerging Markets Alternative ETF

MEMAFNasdaq

Overlap

Expense ratio

AVSE −0.52pt a year

AVSE0.33%MEMA0.85%

Avg volume · 30D

AVSE 1.5×the volume

AVSE14.3KMEMA9.27K

AVSE vs MEMA Performance

Dec 31, 2025 – Nov 9, 2026

+12.4%AVSE+9.7%MEMA

Dec 31, 2025 to Nov 9, 2026. AVSE +12.4%. MEMA +9.7%. Use the arrow keys to read each point.0%5%20%25%30%Dec 2025Jun 2026Nov 2026
Expense ratio
AVSE 0.33%, better
MEMA 0.85%
Fund size
AVSE $214M
MEMA $11M
1Y total return
AVSE +15.0%
MEMA No data
Yield (12M)
AVSE 2.97%
MEMA No data
Holdings
AVSE 2470
MEMA 223
Avg volume (30D)
AVSE 14.3K sh, better
MEMA 9.27K sh
NAV per share
AVSE $70.08
MEMA $27.11
52W range

ETF.net Grade

AVSE: Cost 94, Risk 59, Mission 100, Tradability 78, Holdings 82, Durability 69. MEMA: Cost 2, Risk 30, Mission not scored, Tradability 28, Holdings not scored, Durability 10.
Pillar letters and Scores for AVSE, MEMA, with each pillar’s weight
PillarAVSEMEMA
Cost30% weightA94HigherF2
Mission25% weightA100Not scored
Risk15% weightB59HigherD30
Tradability15% weightA78HigherD28
Holdings10% weightA82Not scored
Durability5% weightB69HigherF10

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. AVSE and MEMA are both graded against the same 27 Emerging Markets Active Equity funds, so their Grades compare head to head.

See all 27 ›

AVSE ranks 2nd and MEMA 27th of 27 funds in the Emerging Markets Active Equity Category.

  1. Rank 1AAVEMAvantis Emerging Markets Equity ETFScore 86
  2. Rank 2AAVSEAvantis Responsible Emerging Markets Equity ETFScore 80
  3. Rank 2AAVXCAvantis Emerging Markets ex-China Equity ETFScore 80
  4. Rank 26FASIAMatthews Pacific Tiger Active ETF ASIAScore 23
  5. Rank 27FMEMAMan Active Emerging Markets Alternative ETFScore 15

Our read on each fund

ETF.net Research

AVSEAAvantis Responsible Emerging Markets Equity ETF

MEMAFMan Active Emerging Markets Alternative ETF

In short

AVSE Avantis's emerging markets workhorse with a values filter bolted on: the same profitability tilt and thousands-of-stocks build as its flagship EM fund, at the same 0.33% fee, minus the issuers its team flags on ESG grounds.

MEMA No data

Stated mandate

AVSE The fund is an actively managed emerging-markets equity strategy that seeks to identify securities with higher expected returns while excluding issuers that raise concerns under the portfolio team's environmental, social, and governance evaluation.

MEMA No data

Why people hold it

  • AVSE Charges 0.33% a year, roughly half the typical fee among actively managed emerging markets funds. The cost drag stays out of the way of the strategy.
  • The screen trims rather than concentrates: the portfolio still spans thousands of emerging markets stocks, not a short list of approved names.avantisinvestors.com
  • Active in the Avantis sense: a systematic tilt toward more profitable companies, not a manager's hunches about which stocks pop next.
  • Priced level with Avantis's mainstream EM funds (AVEM, AVXC) and JPMorgan's JEMA at 0.33%, and one of the stronger builds in the active EM group.

MEMA No data

Worth knowing

  • AVSE Thinly traded next to the index-fund giants of emerging markets, so bid-ask spreads can widen and larger orders need care.
  • The ESG exclusions are the portfolio team's own judgment calls, so the holdings and the results will drift from a plain broad EM benchmark.
  • Emerging markets equity brings currency swings and country-level political risk, and this fund holds that exposure directly. Pays quarterly.

MEMA No data

Full AVSE profile⁠

Full MEMA profile⁠

AVSE vs MEMA 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.

AVSE vs MEMA Cost

Overpaying MEMA vs AVSE

$9,462

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

  • AVSE 0.33%

    $6,737

  • MEMA 0.85%

    $16,199

$10,000
30 years

Cost over time

  • AVSE 0.33%
  • MEMA 0.85%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530MEMA $16,199AVSE $6,737

Year by year

YearAVSEMEMAOverpaying
10$598$1,508$910
20$2,318$5,706$3,388
30$6,737$16,199$9,462

Expense ratio

  • 0.33%AVSE, cheaper
  • 0.85%MEMA
  • Middle half of Emerging Markets Active Equity funds
  • Median 0.65%

AVSE cheapest of 27 funds

MEMA 26th cheapest of 27 funds

AVSE vs MEMA Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
AVSE 2.97%
MEMA No data
Payout (12M)
AVSE $2.14
MEMA No data
Last payment
AVSE $0.52
MEMA $0.09
Ex-dividend
AVSE Sep 8, 2026
MEMA Jun 24, 2026
Paid on
AVSE Sep 10, 2026
MEMA Jun 30, 2026
Frequency
AVSE Quarterly
MEMA Irregular

Distribution history

Per share, 2022 to 2026, same scale for both

AVSEQuarterly · 11 paymentsAll AVSE payments⁠
One bar per payment. 11 payments from 2022 to 2026 YTD. Jun 21, 2022 $0.14; Dec 15, 2022 $0.40; Jun 20, 2023 $0.38; Dec 18, 2023 $1.15; Jun 24, 2024 $0.43; Dec 17, 2024 $1.10; Jun 24, 2025 $0.62; Dec 16, 2025 $1.12; Mar 10, 2026 $0.05; Jun 9, 2026 $0.45; Sep 8, 2026 $0.52. Use the arrow keys to read each point.$0$120232026YTD
MEMAIrregular · 1 paymentAll MEMA payments⁠
One bar per payment. 1 payment from 2022 to 2026 YTD. Jun 24, 2026 $0.09. Use the arrow keys to read each point.$0$120232026YTD

AVSE vs MEMA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AVSE 16.8%MEMA No data
Return per unit of riskSharpe ratio, 3 years
AVSE 1.02MEMA No data
Worst fallMax drawdown, 5 years
AVSE −26.3%since Mar 2022MEMA No data
Market sensitivityBeta, 5 years
AVSE 1.12MEMA 1.48

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