AVXC vs EMOP

AVXCAAvantis Emerging Markets ex-China Equity ETF

EMOPCAB Emerging Markets Opportunities ETF

In short

AVXC The China question, answered by subtraction. Avantis runs its usual emerging-markets playbook (roughly 2,800 stocks of every size, tilted toward the cheap and the profitable) with China left out entirely, for 0.33% a year.

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

AVXC The fund invests in a broad set of companies across emerging-market countries, excluding China, and spanning all market capitalizations. It seeks higher expected returns by overweighting securities with lower valuations and higher profitability ratios.

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

• AVXC 0.33% a year, about half the typical fee among active EM funds, and the ex-China carve-out costs no more than Avantis charges on its with-China flagship, AVEM.
• Roughly 2,800 holdings spanning all market-cap sizes, so removing China doesn't turn the fund into a concentrated bet on a few large markets.avantisinvestors.com
• Actively run against MSCI Emerging Markets IMI rather than tracking it: the mandate overweights lower-valuation, higher-profitability companies.
• One of the stronger builds in the active emerging-markets group we review, on cost and portfolio construction alike.

• 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

• AVXC Thinly traded next to the giants of the category, so spreads and limit orders matter more on the way in and the way out.
• Launched in 2024, so the live record is short and the risk picture is still forming.
• Leaving China out is a real departure from standard EM exposure, and the value and small-cap tilts add more distance from a plain cap-weighted index.

• 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 AVXC profile⁠

Full EMOP profile⁠