Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
AVEM vs MAGS: how they differ
AVEM and MAGS hold 0% of their weight in the same names, and AVEM returned more over the year.
Avantis Emerging Markets Equity ETF and Roundhill Magnificent Seven ETF.
What they hold in common
By the books each fund has filed, AVEM and MAGS hold 0% of their money in the same securities at the same weight.
| Only in AVEM | Only in MAGS |
|---|---|
| SK hynix Inc 7.83% | TREASURY BILL 65.41% |
| Taiwan Semiconductor Manufacturing Co Lt 6.33% | Roundhill Ultra Short Duration 8.06% |
| Samsung Electronics Co Ltd 5.70% | NVIDIA Corp 4.15% |
| Taiwan Semiconductor Manufacturing Co Lt 4.11% | Apple Inc 4.12% |
| Tencent Holdings Ltd 1.51% | Amazon.com Inc 4.11% |
| MediaTek Inc 1.11% | Tesla Inc 4.07% |
| China Construction Bank Corp 0.89% | Microsoft Corp 3.62% |
| Alibaba Group Holding Ltd 0.81% | Meta Platforms Inc 3.59% |
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 | MAGS Roundhill Magnificent Seven ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Avantis | Roundhill |
| What it is | Emerging Markets Equity | Magnificent Seven |
| Total return, 1 year | +31.8% | +14.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +14.3 pts | −3.1 pts |
| Expense ratio | 0.33% | 0.30% |
| Already in the S&P 500 | 0.0% | 26.5% |
| Holdings | 3897 | 9 |
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.
MAGS in plain words
MAGS is an index equity fund tracking the Magnificent Seven. Over the year to Sep 11, 2026 it returned +14.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.30% a year. By its holdings filed for Jun 30, 2026, 26% of the fund by weight is stocks the S&P 500 also holds, across 9 positions, with the top ten at 100.0%.
Questions people ask
- Which returned more over the last year, AVEM or MAGS?
- In the year to Sep 12, 2026, with distributions reinvested, AVEM returned +31.8% and MAGS returned +14.4%, so AVEM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, AVEM or MAGS?
- AVEM charges 0.33% a year and MAGS charges 0.30%, so MAGS is cheaper. Fees come from each fund's prospectus.
- How much do AVEM and MAGS overlap with the S&P 500?
- By their latest filed holdings, 0% of AVEM and 26% of MAGS 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 MAGS, data as of Sep 12, 2026. https://etfiq.com/compare/any/AVEM-MAGS Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources