AVEM vs EMXC overlap - what they share and where they differ

AVEM and EMXC share 26.5% of their weight across 90 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

AVEM and EMXC

26.5%

90 shared positions

AVEM

Avantis Emerging Markets Equity ETF

Reported positions cover 98% of the fund, 1,401 positions · May 31, 2026

Top 10: 30.6%·Holdings of AVEM

EMXC

iShares MSCI Emerging Markets ex China ETF

Reported positions cover 98% of the fund, 582 positions · May 31, 2026

Top 10: 45.0%·Holdings of EMXC

Reported positions cover AVEM 98%, EMXC 98% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

EMXC vs AVEM side by side

AVEMAvantis Emerging Markets Equity ETF

1,401

stock positions reported to the SEC

70.2% of its weight is in 1,311 names EMXC does not hold

EMXCiShares MSCI Emerging Markets ex China ETF

582

stock positions reported to the SEC

59.4% of its weight is in 492 names AVEM does not hold

Where each fund's weight sits

AVEM
EMXC
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
22.9%
28.3%
Financial Services
3.3%
3.7%
Basic Materials
1.4%
2.1%
Consumer Cyclical
1.6%
1.0%
Energy
0.0%
0.8%
Industrials
0.7%
0.0%

The widest gap is Technology: EMXC has 5.4 points more of it.

The figures side by side

AVEMEMXC
Filing dateMay 31, 2026May 31, 2026
Stock positions reported1,401582
Weight of the ten largest30.6%45.0%
Largest positionTSM 10.4%TSM 17.9%
Held alone1,311 positions, 70.2%492 positions, 59.4%
Covered by stock positions98%98%

Holdings they share

StockIn AVEMIn EMXCCounted
TSMTaiwan Semiconductor Co Ltd10.44%17.94%10.44%
SKHYSK hynix Inc7.82%8.35%7.82%
ASXASE Technology Holding Co Ltd0.65%0.62%0.62%
UMCUnited Microelectronics Corp0.64%0.50%0.50%
AUAnglogold Ashanti Plc0.52%0.47%0.47%
RSReliance Industrial Infrastructure Ltd0.47%0.83%0.47%
IBNICICI Bank Ltd0.46%0.68%0.46%
HDBHDFC Bank Ltd0.45%0.87%0.45%
KBKB Financial Group Inc0.38%0.36%0.36%
GFIGold Fields Ltd0.28%0.35%0.28%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in AVEM

SAMSUNG ELECTRONICS CO LTD5.70%
TENCENT HOLDINGS LTD1.51%
MEDIATEK INC1.11%
CHINA CONSTRUCTION BANK CORP0.88%
BABAAlibaba Group Holding Ltd0.81%
CHROMA ATE INC0.81%
DELTA ELECTRONICS INC0.77%
HON HAI PRECISION INDUSTRY CO LTD0.76%
HYUNDAI MOTOR CO0.70%
PDDPDD Holdings Inc0.70%

Only in EMXC

SAMSUNG ELECTRONICS CO., LTD.10.82%
MEDIATEK INC.2.04%
DELTA ELECTRONICS, INC.1.47%
HON HAI PRECISION INDUSTRY CO., LTD.1.13%
SAMSUNG ELECTRO-MECHANICS CO.,LTD0.78%
SK SQUARE CO., LTD.0.75%
PBRPetroleo Brasileiro S.A. (Petrobras)0.72%
HYUNDAI MOTOR COMPANY0.63%
VALEVALE S.A.0.58%
AL RAJHI BANKING AND INVESTMENT CORPORATION SJSC0.52%

Questions people ask

Is AVEM the same as EMXC?

26.5% of their weight sits in the same 90 holdings. AVEM also reports SAMSUNG ELECTRONICS CO LTD, TENCENT HOLDINGS LTD, MEDIATEK INC, which the other does not. EMXC also reports SAMSUNG ELECTRONICS CO., LTD., MEDIATEK INC., DELTA ELECTRONICS, INC., which the other does not.

How is the overlap between AVEM and EMXC measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 98% of AVEM and 98% of EMXC, so the number cannot exceed the smaller coverage.

Which holds more, EMXC or AVEM?

AVEM reports 1,401 stock positions and EMXC reports 582. 70.2% of AVEM's weight sits in names EMXC does not hold, and 59.4% of EMXC's weight in names AVEM does not hold. The ten largest positions are 30.6% of AVEM and 45.0% of EMXC.

How do AVEM and EMXC differ by sector?

The widest gap is Technology: EMXC has 5.4 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

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Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.