AVXC vs REMG

AVXCAAvantis Emerging Markets ex-China Equity ETF

REMGCEmerging Markets Equity 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.

REMG Russell Investments' active swing at emerging markets: roughly 40 stocks instead of an index-sized crowd, priced a shade under the typical active EM fund, on the tape since 2022.

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.

REMG The Fund seeks long-term capital growth through an actively managed portfolio focused on equity securities tied to emerging markets.

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.

• REMG Costs 0.64% a year, just under the median for actively managed EM funds. Active emerging markets is rarely a discount aisle, and this one sits on the friendlier side of normal.
• Roughly 40 holdings, so each name carries real weight. That is the point of paying for stock selection rather than owning the whole benchmark.
• The portfolio does what the prospectus says: actively managed emerging-markets equity aimed at long-term capital growth. It sits in the upper half of its active EM peer group.

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.

• REMG Thinly traded. Spreads can run wider than the category's household names, so how you place an order matters more here than with a mega-fund.
• The top-scoring funds in this cohort (AVEM, JEMA, AVXC) charge about 0.33%. You are paying roughly double for a concentrated, human-picked book.
• Launched in 2022 with a modest asset base, so the track record is short and the fund lacks the scale of the category's mainstays.

Full AVXC profile⁠

Full REMG profile⁠