Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
AVEM vs IWC: how they differ
AVEM and IWC hold 0% of their weight in the same names.
Avantis Emerging Markets Equity ETF and iShares Micro-Cap ETF.
What they hold in common
By the books each fund has filed, AVEM and IWC hold 0% of their money in the same securities at the same weight.
| Holding | AVEM | IWC |
|---|---|---|
| Canara Bank | 0.04% | 0.07% |
| Supreme Industries Ltd | 0.02% | 0.05% |
| Indian Bank | 0.01% | 0.05% |
| Synergy Grid & Development Phils Inc | 0.00% | 0.07% |
| Alujain Corp | 0.00% | 0.06% |
| Astral Foods Ltd | 0.00% | 0.01% |
| Saudi Steel Pipe Co | 0.00% | 0.04% |
| Alec Holdings PJSC | 0.00% | 0.05% |
| Care Ratings Ltd | 0.00% | 0.17% |
| Century Plyboards India Ltd | 0.00% | 0.02% |
| Cyfrowy Polsat SA | 0.00% | 0.10% |
| Aboitiz Power Corp | 0.00% | 0.03% |
| Only in AVEM | Only in IWC |
|---|---|
| SK hynix Inc 7.83% | CAREDX 0.61% |
| Taiwan Semiconductor Manufacturing Co Lt 6.33% | SELLAS LIFE SCIENCES GROUP INC 0.60% |
| Samsung Electronics Co Ltd 5.70% | NURIX THERAPEUTICS 0.59% |
| Taiwan Semiconductor Manufacturing Co Lt 4.11% | PENGUIN SOLUTIONS INC 0.58% |
| Tencent Holdings Ltd 1.51% | OUSTER 0.52% |
| MediaTek Inc 1.11% | VIRIDIAN THERAPEUTICS ORS 0.48% |
| China Construction Bank Corp 0.89% | INTERFACE 0.47% |
| Alibaba Group Holding Ltd 0.81% | MBX BIOSCIENCES 0.45% |
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 May 31, 2026 and Sep 10, 2026.
| AVEM Avantis Emerging Markets Equity ETF | IWC iShares Micro-Cap ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Avantis | iShares |
| What it is | Emerging Markets Equity | Russell Microcap |
| Total return, 1 year | +31.8% | +31.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +14.3 pts | +13.8 pts |
| Expense ratio | 0.33% | not published |
| Already in the S&P 500 | 0.0% | 91.9% |
| Holdings | 3897 | 1252 |
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.
IWC in plain words
IWC is an index equity fund tracking the Russell Microcap. Over the year to Sep 11, 2026 it returned +31.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Sep 10, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1252 positions, with the top ten at 5.1%. It sat 5.0% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, AVEM or IWC?
- In the year to Sep 13, 2026, with distributions reinvested, AVEM returned +31.8% and IWC returned +31.3%, so AVEM returned more. One year is one year; the longer windows are in the table.
- How much do AVEM and IWC overlap with the S&P 500?
- By their latest filed holdings, 0% of AVEM and 92% of IWC 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 IWC, data as of Sep 13, 2026. https://etfiq.com/compare/any/avem-vs-iwc Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources