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

AVEM and SPEM share 54.5% of their weight across 754 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 SPEM

54.5%

754 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

SPEM

State Street(R) SPDR(R) Portfolio Emerging Markets ETF

Reported positions cover 98% of the fund, 1,565 positions · Jun 30, 2026

Top 10: 26.3%·Holdings of SPEM

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

SPEM vs AVEM side by side

AVEMAvantis Emerging Markets Equity ETF

1,401

stock positions reported to the SEC

32.2% of its weight is in 647 names SPEM does not hold

SPEMState Street(R) SPDR(R) Portfolio Emerging Markets ETF

1,565

stock positions reported to the SEC

15.5% of its weight is in 811 names AVEM does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
22.9%
20.5%
Financial Services
3.3%
3.0%
Consumer Cyclical
1.6%
1.8%
Basic Materials
1.4%
0.6%
Industrials
0.7%
0.6%

The widest gap is Technology: AVEM has 2.4 points more of it.

The figures side by side

AVEMSPEM
Filing dateMay 31, 2026Jun 30, 2026
Stock positions reported1,4011,565
Weight of the ten largest30.6%26.3%
Largest positionTSM 10.4%TSM 14.7%
Held alone647 positions, 32.2%811 positions, 15.5%
Covered by stock positions98%98%

Holdings they share

StockIn AVEMIn SPEMCounted
TSMTaiwan Semiconductor Co Ltd10.44%14.65%10.44%
TENCENT HOLDINGS LTD1.51%2.74%1.51%
MEDIATEK INC1.11%1.82%1.11%
BABAAlibaba Group Holding Ltd0.81%1.79%0.81%
CHINA CONSTRUCTION BANK CORP0.88%0.81%0.81%
DELTA ELECTRONICS INC0.77%1.13%0.77%
HON HAI PRECISION INDUSTRY CO LTD0.76%0.93%0.76%
ASXASE Technology Holding Co Ltd0.65%0.82%0.65%
UMCUnited Microelectronics Corp0.64%0.67%0.64%
UNIMICRON TECHNOLOGY CORP0.52%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%
AUAnglogold Ashanti Plc0.52%
SAMSUNG ELECTRO-MECHANICS CO LTD0.48%
KBKB Financial Group Inc0.38%
LG ELECTRONICS INC0.38%
KIA CORP0.34%
SHGShinhan Financial Group Co Ltd0.34%
HANA FINANCIAL GROUP INC0.33%

Only in SPEM

C SUN MANUFACTURING LTD0.24%
ORLEN SA0.18%
HUA HONG GRACE SEMICONDUCTOR LTD0.15%
HANGZHOU CHANG CHUAN TECHNOLOGY CO LTD0.12%
HON PRECISION INC0.12%
KWEICHOW MOUTAI CO LTD0.12%
ZHONGJI INNOLIGHT CO LTD0.11%
CAMBRICON TECHNOLOGIES CORP LTD0.10%
SHENGYI TECHNOLOGY CO LTD0.10%
ZENITRON CORP0.10%

Questions people ask

Is AVEM the same as SPEM?

54.5% of their weight sits in the same 754 holdings. AVEM also reports SKHY, SAMSUNG ELECTRONICS CO LTD, HYUNDAI MOTOR CO, which the other does not. SPEM also reports C SUN MANUFACTURING LTD, ORLEN SA, HUA HONG GRACE SEMICONDUCTOR LTD, which the other does not.

How is the overlap between AVEM and SPEM 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 SPEM, so the number cannot exceed the smaller coverage.

Which holds more, SPEM or AVEM?

AVEM reports 1,401 stock positions and SPEM reports 1,565. 32.2% of AVEM's weight sits in names SPEM does not hold, and 15.5% of SPEM's weight in names AVEM does not hold. The ten largest positions are 30.6% of AVEM and 26.3% of SPEM.

How do AVEM and SPEM differ by sector?

The widest gap is Technology: AVEM has 2.4 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.

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.