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

AVEM and VEU share 27.9% of their weight across 724 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 VEU

27.9%

724 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

VEU

VANGUARD FTSE ALL-WORLD EX-US INDEX FUND

Reported positions cover 97% of the fund, 1,935 positions · Apr 30, 2026

Top 10: 13.5%·Holdings of VEU

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

VEU vs AVEM side by side

AVEMAvantis Emerging Markets Equity ETF

1,401

stock positions reported to the SEC

13.8% of its weight is in 677 names VEU does not hold

VEUVANGUARD FTSE ALL-WORLD EX-US INDEX FUND

1,935

stock positions reported to the SEC

66.4% of its weight is in 1,211 names AVEM does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
22.9%
11.0%
Financial Services
3.3%
8.0%
Healthcare
0.0%
3.1%
Basic Materials
1.4%
2.8%
Energy
0.0%
2.3%
Consumer Cyclical
1.6%
0.0%

The widest gap is Technology: AVEM has 11.9 points more of it.

The figures side by side

AVEMVEU
Filing dateMay 31, 2026Apr 30, 2026
Stock positions reported1,4011,935
Weight of the ten largest30.6%13.5%
Largest positionTSM 10.4%TSM 4.3%
Held alone677 positions, 13.8%1,211 positions, 66.4%
Covered by stock positions98%97%

Holdings they share

StockIn AVEMIn VEUCounted
TSMTaiwan Semiconductor Co Ltd10.44%4.29%4.29%
SAMSUNG ELECTRONICS CO LTD5.70%1.81%1.81%
SKHYSK hynix Inc7.82%1.23%1.23%
TENCENT HOLDINGS LTD1.51%0.96%0.96%
BABAAlibaba Group Holding Ltd0.81%0.75%0.75%
DELTA ELECTRONICS INC0.77%0.34%0.34%
MEDIATEK INC1.11%0.31%0.31%
CHINA CONSTRUCTION BANK CORP0.88%0.26%0.26%
RSReliance Industrial Infrastructure Ltd0.47%0.26%0.26%
HDBHDFC Bank Ltd0.45%0.24%0.24%

What each holds alone

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

Only in AVEM

PETROLEO BRASILEIRO SA - PETROBRAS0.65%
CO-TECH DEVELOPMENT CORP0.35%
BAPCredicorp Ltd0.21%
CIA DE MINAS BUENAVENTURA SAA0.17%
POLSKI KONCERN NAFTOWY ORLEN SA0.17%
ADATA TECHNOLOGY CO LTD0.12%
COMPEQ MANUFACTURING CO LTD0.12%
KATILIMEVIM TASARRUF FINANSMAN AS0.12%
TAIWAN UNION TECHNOLOGY CORP0.12%
TAIWAN SURFACE MOUNTING TECHNOLOGY CORP0.11%

Only in VEU

ASMLASML Holding NV1.43%
HSBCHSBC Holdings PLC0.80%
MUFGMitsubishi Corp0.77%
ROCHE HOLDING AG0.76%
AZNAstraZeneca PLC0.72%
NVSNovartis AG0.72%
NESTLE SA0.66%
SHELShell PLC0.66%
RYRoyal Bank of Canada0.64%
SIEMENS AG0.56%

Questions people ask

Is AVEM the same as VEU?

27.9% of their weight sits in the same 724 holdings. AVEM also reports PETROLEO BRASILEIRO SA - PETROBRAS, CO-TECH DEVELOPMENT CORP, BAP, which the other does not. VEU also reports ASML, HSBC, MUFG, which the other does not.

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

Which holds more, VEU or AVEM?

AVEM reports 1,401 stock positions and VEU reports 1,935. 13.8% of AVEM's weight sits in names VEU does not hold, and 66.4% of VEU's weight in names AVEM does not hold. The ten largest positions are 30.6% of AVEM and 13.5% of VEU.

How do AVEM and VEU differ by sector?

The widest gap is Technology: AVEM has 11.9 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.

Other pairs with these funds

VEU 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.