AVEM vs VWO overlap - what they share and where they differ
AVEM and VWO share 57.2% of their weight across 1,960 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 VWO
57.2%
1,960 shared positions
AVEM
Avantis Emerging Markets Equity ETF
Reported positions cover 100% of the fund, 3,503 positions · May 31, 2026
Top 10: 30.6%·Holdings of AVEM
VWO
VANGUARD EMERGING MARKETS STOCK INDEX FUND
Reported positions cover 98% of the fund, 4,548 positions · Jul 31, 2026
Top 10: 27.5%·Holdings of VWO
Reported positions cover AVEM 100%, VWO 98% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
VWO vs AVEM side by side
AVEMAvantis Emerging Markets Equity ETF
3,503
stock positions reported to the SEC
27.6% of its weight is in 1,543 names VWO does not hold
VWOVANGUARD EMERGING MARKETS STOCK INDEX FUND
4,548
stock positions reported to the SEC
10.4% of its weight is in 2,588 names AVEM does not hold
Where each fund's weight sits
Largest sectors for both funds
No sector differs by more than a point between the two.
The figures side by side
| AVEM | VWO | |
|---|---|---|
| Filing date | May 31, 2026 | Jul 31, 2026 |
| Stock positions reported | 3,503 | 4,548 |
| Weight of the ten largest | 30.6% | 27.5% |
| Largest position | TSM 10.5% | TSM 15.6% |
| Held alone | 1,543 positions, 27.6% | 2,588 positions, 10.4% |
| Covered by stock positions | 100% | 98% |
Holdings they share
| Stock | In AVEM | In VWO | Counted |
|---|---|---|---|
| TSMTaiwan Semiconductor Co Ltd | 10.45% | 15.59% | 10.45% |
| TENCENT HOLDINGS LIMITEDTencent Holdings Ltd | 1.51% | 3.31% | 1.51% |
| MEDIATEK INC.MediaTek Inc | 1.11% | 1.36% | 1.11% |
| CHINA CONSTRUCTION BANK CORPORATIONChina Construction Bank Corp | 0.88% | 0.92% | 0.88% |
| BABAAlibaba Group Holding Ltd | 0.81% | 2.41% | 0.81% |
| DELTA ELECTRONICS, INC.Delta Electronics Inc | 0.77% | 0.82% | 0.77% |
| HON HAI PRECISION INDUSTRY CO., LTD.Hon Hai Precision Industry Co Ltd | 0.76% | 0.81% | 0.76% |
| PDDPDD Holdings Inc | 0.70% | 0.59% | 0.59% |
| ASXASE Technology Holding Co Ltd | 0.65% | 0.49% | 0.49% |
| RSReliance Industrial Infrastructure Ltd | 0.48% | 0.81% | 0.48% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in AVEM
Only in VWO
Questions people ask
Is AVEM the same as VWO?
57.2% of their weight sits in the same 1,960 holdings. AVEM also reports SKHY, SAMSUNG ELECTRONICS CO., LTD., HYUNDAI MOTOR COMPANY, which the other does not. VWO also reports PETROLEO BRASILEIRO SA, KWEICHOW MOUTAI CO., LTD., ZOMATO LTD, which the other does not.
How is the overlap between AVEM and VWO measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of AVEM and 98% of VWO, so the number cannot exceed the smaller coverage.
Which holds more, VWO or AVEM?
AVEM reports 3,503 stock positions and VWO reports 4,548. 27.6% of AVEM's weight sits in names VWO does not hold, and 10.4% of VWO's weight in names AVEM does not hold. The ten largest positions are 30.6% of AVEM and 27.5% of VWO.
How do AVEM and VWO 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.
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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.