Data as of Oct 28, 2026.
AVEM vs EMB: Differences, Returns & Fees
Over the year to Oct 28, 2026, AVEM returned +17.9% to EMB's −0.4%; 0% of their weight is in the same names.
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Net assets: $27.3bn on Oct 27, 2026 for Avantis Emerging Markets Equity ETF, and $13.2bn on Oct 28, 2026 for iShares J.P. Morgan USD Emerging Markets Bond ETF.
Pair scorecard
AVEM costs 0.06 points a year less; their one-year returns differ by 18.3 points; AVEM is 2.1 times larger.
| Measure | AVEM | EMB |
|---|---|---|
| Return | ||
| Total return, 1 year | +17.9% | −0.4% |
| Drawdown | ||
| Below its high | 10.2%, high on Jun 22, 2026 | 3.5%, high on Jun 29, 2026 |
| Benchmark | ||
| What it tracks | No index, actively managed | J.P. Morgan EMBI Global Core Index |
| Cost and size | ||
| Expense ratio | 0.33% | 0.39% |
| Net assets, as of Oct 27, 2026 | $27.3bn | $13.2bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 0% | |
| Top ten holdings, share of the fund | 28.7% | |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
Sep 27, 2019 to Oct 23, 2026 · 369 weekly returnsAVEM returned more: +113.9% to +13.3%. EMB swung less: 11.1% to 19.6%. EMB fell less at its worst: −27.9% to −34.8%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | AVEM | EMB | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +113.9% | +13.3% | AVEM | Price change plus distributions, reinvested. |
| Annualized | +11.3% | +1.8% | AVEM | Total return as a yearly rate. |
| Price return | +79.6% | −19.1% | AVEM | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 19.6% | 11.1% | EMB | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 14.1% | 8.7% | EMB | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −34.8% | −27.9% | EMB | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.50 | −0.05 | AVEM | Return above Treasury bills per unit of volatility. |
| Sortino | 0.70 | −0.06 | AVEM | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.32 | 0.06 | AVEM | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 369 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, AVEM and EMB hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
AVEM and EMB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
AVEM and EMB do different jobs. What does each one do in a portfolio?
- What each follows. AVEM follows No index, actively managed and EMB follows J.P. Morgan EMBI Global Core Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 AVEM returned +17.9% and EMB −0.4% with distributions reinvested, a gap of 18.3 points.
Data as of Oct 28, 2026.
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AVEM
AVEM is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +17.9% with distributions reinvested. The prospectus expense ratio is 0.33% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 4,088 positions, with the top ten at 28.7%. It sat 10.2% below its high of Jun 22, 2026 on Oct 28, 2026.
EMB
EMB tracks the J.P. Morgan USD Emerging Markets Bond. Over the year to Oct 28, 2026 it returned −0.4% with distributions reinvested. The prospectus expense ratio is 0.39% a year. It sat 3.5% below its high of Jun 29, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, AVEM or EMB?
- In the year to Oct 28, 2026, with distributions reinvested, AVEM returned +17.9% and EMB −0.4%.
- Which is cheaper, AVEM or EMB?
- AVEM is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, AVEM against EMB, data as of Oct 28, 2026. https://etfiq.com/compare/any/avem-vs-emb
ETFIQ. (Oct 28, 2026). AVEM against EMB. Retrieved from https://etfiq.com/compare/any/avem-vs-emb
[AVEM against EMB (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/avem-vs-emb)
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