Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
AVEM vs XLV: how they differ
AVEM and XLV hold 0% of their weight in the same names, and AVEM returned more over the year.
Avantis Emerging Markets Equity ETF and State Street(R) Health Care Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, AVEM and XLV hold 0% of their money in the same securities at the same weight.
| Only in AVEM | Only in XLV |
|---|---|
| SK hynix Inc 7.83% | Eli Lilly & Co 16.56% |
| Taiwan Semiconductor Manufacturing Co Lt 6.33% | Johnson & Johnson 10.67% |
| Samsung Electronics Co Ltd 5.70% | AbbVie Inc 7.76% |
| Taiwan Semiconductor Manufacturing Co Lt 4.11% | UnitedHealth Group Inc 6.59% |
| Tencent Holdings Ltd 1.51% | Merck & Co Inc 5.54% |
| MediaTek Inc 1.11% | Amgen Inc 3.41% |
| China Construction Bank Corp 0.89% | Thermo Fisher Scientific Inc 3.25% |
| Alibaba Group Holding Ltd 0.81% | Abbott Laboratories 2.76% |
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 | XLV State Street(R) Health Care Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Avantis | State Street |
| What it is | Emerging Markets Equity | Health care |
| Total return, 1 year | +31.8% | +20.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +14.3 pts | +2.9 pts |
| Expense ratio | 0.33% | 0.08% |
| Already in the S&P 500 | 0.0% | 100.0% |
| Holdings | 3897 | 59 |
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.
XLV in plain words
XLV is an index equity fund tracking the Health care. Over the year to Sep 11, 2026 it returned +20.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 59 positions, with the top ten at 61.7%. It sat 5.9% below its high of Aug 19, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, AVEM or XLV?
- In the year to Sep 12, 2026, with distributions reinvested, AVEM returned +31.8% and XLV returned +20.4%, so AVEM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, AVEM or XLV?
- AVEM charges 0.33% a year and XLV charges 0.08%, so XLV is cheaper. Fees come from each fund's prospectus.
- How much do AVEM and XLV overlap with the S&P 500?
- By their latest filed holdings, 0% of AVEM and 100% of XLV 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 XLV, data as of Sep 12, 2026. https://etfiq.com/compare/any/AVEM-XLV Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources