Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
ACWX vs AVEM: how they differ
ACWX and AVEM hold 0% of their weight in the same names, and AVEM returned more over the year.
iShares MSCI ACWI ex U.S. ETF and Avantis Emerging Markets Equity ETF.
What they hold in common
By the books each fund has filed, ACWX and AVEM hold 0% of their money in the same securities at the same weight.
| Holding | ACWX | AVEM |
|---|---|---|
| PDD Holdings Inc. | 0.19% | 0.70% |
| CREDICORP LTD. | 0.06% | 0.21% |
| YUM CHINA HOLDINGS, INC. | 0.05% | 0.13% |
| SOUTHERN COPPER CORPORATION | 0.04% | 0.08% |
| H World Group Limited | 0.03% | 0.08% |
| XP Inc. | 0.02% | 0.10% |
| Compania de Minas Buenaventura S.A.A. | 0.02% | 0.17% |
| TENCENT MUSIC ENTERTAINMENT GROUP | 0.02% | 0.04% |
| VIPSHOP HOLDINGS LIMITED | 0.01% | 0.15% |
| JBS N.V. | 0.02% | 0.01% |
| Nu Holdings Ltd. | 0.13% | 0.01% |
| StoneCo Ltd. | 0.01% | 0.03% |
| Only in ACWX | Only in AVEM |
|---|---|
| Taiwan Semiconductor Manufacturing Compa 4.69% | SK hynix Inc 7.83% |
| ASML Holding N.V. 1.54% | Taiwan Semiconductor Manufacturing Co Lt 6.33% |
| SK hynix Inc. 1.33% | Samsung Electronics Co Ltd 5.70% |
| Tencent Holdings Limited 1.07% | Taiwan Semiconductor Manufacturing Co Lt 4.11% |
| HSBC HOLDINGS PLC 0.86% | Tencent Holdings Ltd 1.51% |
| ASTRAZENECA PLC 0.81% | MediaTek Inc 1.11% |
| Alibaba Group Holding Limited 0.79% | China Construction Bank Corp 0.89% |
| Novartis AG 0.77% | Alibaba Group Holding Ltd 0.81% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.
| ACWX iShares MSCI ACWI ex U.S. ETF | AVEM Avantis Emerging Markets Equity ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Avantis |
| What it is | MSCI ACWI ex U.S. | Emerging Markets Equity |
| Total return, 1 year | +23.0% | +31.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | +14.3 pts |
| Expense ratio | 0.32% | 0.33% |
| Already in the S&P 500 | 0.0% | 0.0% |
| Holdings | 1759 | 3897 |
ACWX in plain words
ACWX is an index equity fund tracking the MSCI ACWI ex U.S.. Over the year to Sep 11, 2026 it returned +23.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.32% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1759 positions, with the top ten at 14.6%.
AVEM in plain words
AVEM is an index equity fund tracking the Emerging Markets Equity. Over the year to Sep 11, 2026 it returned +31.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.33% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3897 positions, with the top ten at 29.9%. It sat 4.2% below its high of Jun 22, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, ACWX or AVEM?
- In the year to Sep 12, 2026, with distributions reinvested, ACWX returned +23.0% and AVEM returned +31.8%, so AVEM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWX or AVEM?
- ACWX charges 0.32% a year and AVEM charges 0.33%, so ACWX is cheaper. Fees come from each fund's prospectus.
- How much do ACWX and AVEM overlap with the S&P 500?
- By their latest filed holdings, 0% of ACWX and 0% of AVEM by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, ACWX against AVEM, data as of Sep 12, 2026. https://etfiq.com/compare/any/ACWX-AVEM Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources