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

AVEM and SCHE share 55.3% of their weight across 787 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 SCHE

55.3%

787 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

SCHE

Schwab Emerging Markets Equity ETF

Reported positions cover 97% of the fund, 1,364 positions · May 31, 2026

Top 10: 30.4%·Holdings of SCHE

Reported positions cover AVEM 98%, SCHE 97% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

SCHE vs AVEM side by side

AVEMAvantis Emerging Markets Equity ETF

1,401

stock positions reported to the SEC

33.2% of its weight is in 614 names SCHE does not hold

SCHESchwab Emerging Markets Equity ETF

1,364

stock positions reported to the SEC

10.9% of its weight is in 577 names AVEM does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
22.9%
23.7%
Financial Services
3.3%
2.6%
Consumer Cyclical
1.6%
2.0%
Basic Materials
1.4%
0.9%
Industrials
0.7%
0.5%

No sector differs by more than a point between the two.

The figures side by side

AVEMSCHE
Filing dateMay 31, 2026May 31, 2026
Stock positions reported1,4011,364
Weight of the ten largest30.6%30.4%
Largest positionTSM 10.4%TSM 17.1%
Held alone614 positions, 33.2%577 positions, 10.9%
Covered by stock positions98%97%

Holdings they share

StockIn AVEMIn SCHECounted
TSMTaiwan Semiconductor Co Ltd10.44%17.06%10.44%
TENCENT HOLDINGS LTD1.51%3.15%1.51%
MEDIATEK INC1.11%1.88%1.11%
CHINA CONSTRUCTION BANK CORP0.88%0.90%0.88%
BABAAlibaba Group Holding Ltd0.81%2.57%0.81%
DELTA ELECTRONICS INC0.77%1.40%0.77%
HON HAI PRECISION INDUSTRY CO LTD0.76%1.04%0.76%
PDDPDD Holdings Inc0.70%0.60%0.60%
ASXASE Technology Holding Co Ltd0.65%0.59%0.59%
UMCUnited Microelectronics Corp0.64%0.50%0.50%

What each holds alone

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

Only in AVEM

SKHYSK hynix Inc7.82%
SAMSUNG ELECTRONICS CO LTD5.70%
HYUNDAI MOTOR CO0.70%
SAMSUNG ELECTRO-MECHANICS CO LTD0.48%
KBKB Financial Group Inc0.38%
LG ELECTRONICS INC0.38%
CO-TECH DEVELOPMENT CORP0.35%
KIA CORP0.34%
SHGShinhan Financial Group Co Ltd0.34%
HANA FINANCIAL GROUP INC0.33%

Only in SCHE

KWEICHOW MOUTAI CO LTD0.16%
TAISHIN FINANCIAL HOLDING CO LTD0.16%
HUA HONG SEMICONDUCTOR LTD0.15%
YANGTZE OPTICAL FIBRE & CABLE JOINT STOCK LTD CO0.13%
CIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO0.12%
ZHONGJI INNOLIGHT CO LTD0.12%
CHINA DEVELOPMENT FINANCIAL HOLDING CORP0.11%
XPENG INC0.11%
ACWA POWER CO0.10%
JENTECH PRECISION INDUSTRIAL CO LTD0.09%

Questions people ask

Is AVEM the same as SCHE?

55.3% of their weight sits in the same 787 holdings. AVEM also reports SKHY, SAMSUNG ELECTRONICS CO LTD, HYUNDAI MOTOR CO, which the other does not. SCHE also reports KWEICHOW MOUTAI CO LTD, TAISHIN FINANCIAL HOLDING CO LTD, HUA HONG SEMICONDUCTOR LTD, which the other does not.

How is the overlap between AVEM and SCHE 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 97% of SCHE, so the number cannot exceed the smaller coverage.

Which holds more, SCHE or AVEM?

AVEM reports 1,401 stock positions and SCHE reports 1,364. 33.2% of AVEM's weight sits in names SCHE does not hold, and 10.9% of SCHE's weight in names AVEM does not hold. The ten largest positions are 30.6% of AVEM and 30.4% of SCHE.

How do AVEM and SCHE differ by sector?

No sector differs by more than a point between the two. 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.

Other pairs with these funds

SCHE against other funds in the table

Add a third fund in the tool·All fund pairs

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.