Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
AVEM vs GARP: how they differ
AVEM and GARP hold 0% of their weight in the same names, and AVEM returned more over the year.
Avantis Emerging Markets Equity ETF and iShares MSCI USA Quality GARP ETF.
What they hold in common
By the books each fund has filed, AVEM and GARP hold 0% of their money in the same securities at the same weight.
| Holding | AVEM | GARP |
|---|---|---|
| EG Industries Bhd | 0.00% | 0.11% |
| Only in AVEM | Only in GARP |
|---|---|
| SK hynix Inc 7.83% | KLA CORP 6.46% |
| Taiwan Semiconductor Manufacturing Co Lt 6.33% | MICRON TECHNOLOGY INC 6.07% |
| Samsung Electronics Co Ltd 5.70% | APPLE INC 4.44% |
| Taiwan Semiconductor Manufacturing Co Lt 4.11% | NVIDIA CORP 4.16% |
| Tencent Holdings Ltd 1.51% | MICROSOFT CORP 4.10% |
| MediaTek Inc 1.11% | BROADCOM INC 3.96% |
| China Construction Bank Corp 0.89% | LAM RESEARCH CORP 3.79% |
| Alibaba Group Holding Ltd 0.81% | ELI LILLY & COMPANY 3.73% |
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 Jun 30, 2026 and May 31, 2026.
| AVEM Avantis Emerging Markets Equity ETF | GARP iShares MSCI USA Quality GARP ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Avantis | iShares |
| What it is | Emerging Markets Equity | MSCI USA Quality GARP |
| Total return, 1 year | +31.8% | +29.5% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +14.3 pts | +12.0 pts |
| Expense ratio | 0.33% | 0.15% |
| Already in the S&P 500 | 0.0% | 94.4% |
| Holdings | 3897 | 131 |
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.
GARP in plain words
GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.8%.
Questions people ask
- Which returned more over the last year, AVEM or GARP?
- In the year to Sep 12, 2026, with distributions reinvested, AVEM returned +31.8% and GARP returned +29.5%, so AVEM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, AVEM or GARP?
- AVEM charges 0.33% a year and GARP charges 0.15%, so GARP is cheaper. Fees come from each fund's prospectus.
- How much do AVEM and GARP overlap with the S&P 500?
- By their latest filed holdings, 0% of AVEM and 94% of GARP 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, AVEM against GARP, data as of Sep 12, 2026. https://etfiq.com/compare/any/AVEM-GARP Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources