Skip to content

AVXC vs TEMR

Avantis Emerging Markets ex-China Equity ETF

AVXCANasdaq

T. Rowe Price Emerging Markets Equity Research ETF

TEMRBNYSE Arca

Overlap

Expense ratio

AVXC −0.07pt a year

AVXC0.33%TEMR0.40%

Avg volume · 30D

AVXC 27.4×the volume

AVXC41.8KTEMR1.53K

AVXC vs TEMR Performance

Aug 7, 2026 – Nov 9, 2026

−6.7%AVXC−7.0%TEMR

Aug 7, 2026 to Nov 9, 2026. AVXC −6.7%. TEMR −7.0%. Use the arrow keys to read each point.0%5%Aug 2026Sep 2026Nov 2026
Expense ratio
AVXC 0.33%, better
TEMR 0.40%
Fund size
AVXC $416M
TEMR $21M
1Y total return
AVXC +23.4%
TEMR No data
Yield (12M)
AVXC 2.40%
TEMR No data
Holdings
AVXC 2924
TEMR 294
Avg volume (30D)
AVXC 41.8K sh, better
TEMR 1.53K sh
NAV per share
AVXC $72.23
TEMR $25.20
52W range

ETF.net Grade

AVXC: Cost 94, Risk 51, Mission not scored, Tradability 85, Holdings 83, Durability 68. TEMR: Cost 81, Risk 47, Mission not scored, Tradability 42, Holdings 44, Durability 41.
Pillar letters and Scores for AVXC, TEMR, with each pillar’s weight
PillarAVXCTEMR
Cost30% weightA94HigherA81
Mission25% weightNot scoredNot scored
Risk15% weightC51HigherC47
Tradability15% weightA85HigherC42
Holdings10% weightA83HigherC44
Durability5% weightB68HigherC41

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

See all 27 ›

AVXC ranks 2nd and TEMR 8th 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 4AJEMAJPMorgan ActiveBuilders Emerging Markets Equity ETFScore 79
  5. Rank 7BFEMRFidelity Enhanced Emerging Markets ETFScore 66
  6. Rank 8BTEMRT. Rowe Price Emerging Markets Equity Research ETFScore 58
  7. Rank 9BSEEMSEI Select Emerging Markets Equity ETFScore 57

Our read on each fund

ETF.net Research

AVXCAAvantis Emerging Markets ex-China Equity ETF

TEMRBT. Rowe Price Emerging Markets Equity Research 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.

TEMR T. Rowe Price's first emerging-markets ETF hands stock picking to its own analysts, then boxes them in: country, sector and industry weights track the MSCI Emerging Markets Index, so active bets happen inside each bucket, not across them.

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.

TEMR The fund invests primarily in equity securities of emerging-market issuers, using bottom-up stock selection and fundamental research while seeking returns above the MSCI Emerging Markets Index.

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.
  • TEMR At 0.40% a year it undercuts the typical active EM fund in its peer group (median 0.65%), though index-flavored rivals like AVEM and DFEM run cheaper still.troweprice.com
  • Country, sector and industry weights sit close to the MSCI Emerging Markets index, so results ride on stock selection inside each bucket rather than big top-down country calls.troweprice.com
  • Six portfolio managers sit on top of T. Rowe's global analyst bench, running the same structured research process behind its US and international research ETFs (TSPA, TIER).troweprice.com
  • Fully transparent: holdings are disclosed daily, unlike T. Rowe's semi-transparent equity ETFs, which publish a proxy basket instead.troweprice.comtroweprice.com 2

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.
  • TEMR It started trading in 2026, so there is no long record showing how the analysts' picks stack up against the index.troweprice.com
  • Small and thinly traded so far, so spreads can be wider than on the giant passive EM funds.
  • Staying near index country and sector weights cuts both ways: T. Rowe notes the fund can reallocate less freely than active funds with looser mandates.troweprice.comtroweprice.com 2

Full AVXC profile⁠

Full TEMR profile⁠

AVXC vs TEMR 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.

AVXC vs TEMR Cost

Overpaying TEMR vs AVXC

$1,353

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

  • AVXC 0.33%

    $6,737

  • TEMR 0.40%

    $8,090

$10,000
30 years

Cost over time

  • AVXC 0.33%
  • TEMR 0.40%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530TEMR $8,090AVXC $6,737

Year by year

YearAVXCTEMROverpaying
10$598$723$125
20$2,318$2,793$475
30$6,737$8,090$1,353

Expense ratio

  • 0.33%AVXC, cheaper
  • 0.40%TEMR
  • Middle half of Emerging Markets Active Equity funds
  • Median 0.65%

AVXC cheapest of 27 funds

TEMR 7th cheapest of 27 funds

AVXC vs TEMR Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
AVXC 2.40%
TEMR No data
Payout (12M)
AVXC $1.79
TEMR None
Last payment
AVXC $0.45
TEMR No data
Ex-dividend
AVXC Sep 8, 2026
TEMR No data
Paid on
AVXC Sep 10, 2026
TEMR No data
Frequency
AVXC Quarterly
TEMR No data

Distribution history

Per share, 2024 to 2026, same scale for both

AVXCQuarterly · 7 paymentsAll AVXC payments⁠
One bar per payment. 7 payments from 2024 to 2026 YTD. Jun 24, 2024 $0.28; Dec 17, 2024 $0.39; Jun 24, 2025 $0.38; Dec 16, 2025 $0.88; Mar 10, 2026 $0.02; Jun 9, 2026 $0.44; Sep 8, 2026 $0.45. Use the arrow keys to read each point.$0$12026YTD
TEMRAll TEMR payments⁠

No distribution history available.

AVXC vs TEMR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AVXC 19.2%since Apr 2024TEMR No data
Return per unit of riskSharpe ratio, 3 years
AVXC 0.76since Apr 2024TEMR No data
Worst fallMax drawdown, 5 years
AVXC −20.4%since Mar 2024TEMR No data
Market sensitivityBeta, 5 years
AVXC 0.98TEMR 1.38

AVXC and TEMR in the news

Popular comparisons

  • AVXCAvsAVEMA

    Avantis Emerging Markets ex-China Equity ETF · Avantis Emerging Markets Equity ETF

    Expense ratio
    0.33% · 0.33%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • TEMRBvsAVEMA

    T. Rowe Price Emerging Markets Equity Research ETF · Avantis Emerging Markets Equity ETF

    Expense ratio
    0.40% · 0.33%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • AVXCAvsAVSEA

    Avantis Emerging Markets ex-China Equity ETF · Avantis Responsible Emerging Markets Equity ETF

    Expense ratio
    0.33% · 0.33%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • TEMRBvsAVSEA

    T. Rowe Price Emerging Markets Equity Research ETF · Avantis Responsible Emerging Markets Equity ETF

    Expense ratio
    0.40% · 0.33%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • AVXCAvsJEMAA

    Avantis Emerging Markets ex-China Equity ETF · JPMorgan ActiveBuilders Emerging Markets Equity ETF

    Expense ratio
    0.33% · 0.33%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • TEMRBvsJEMAA

    T. Rowe Price Emerging Markets Equity Research ETF · JPMorgan ActiveBuilders Emerging Markets Equity ETF

    Expense ratio
    0.40% · 0.33%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.