AVEM vs SCHE: Differences, Returns & Fees

AVEM and SCHE hold 44% of their weight in the same names, and AVEM returned +27.6% over the year. Net assets: $28.4bn on Oct 9, 2026 for Avantis Emerging Markets Equity ETF, and $12.7bn on May 31, 2026 for Schwab Emerging Markets Equity ETF.

SCHE costs 0.27 points a year less; their one-year returns differ by 15.0 points; AVEM is 2.0 times larger.

AVEMSCHE
Expense ratio0.33%0.06%
Net assets, as of May 31, 2026$26.0bn$12.7bn
Total return, 1 year+27.6%+12.6%
What it tracksNo index, actively managedFTSE Emerging Index
Holdings in common44%
Top ten holdings, share of the fund29.6%30.3%
Below its high5.4%, high on Jun 22, 2026

Holdings in common uses holdings dated May 31, 2026 and Oct 8, 2026.

+27.6%
AVEM total return, 1 year
+12.6%
SCHE total return, 1 year
0.33%
AVEM expense ratio
0.06%
SCHE expense ratio

What they hold in common

By the books each fund has filed, AVEM and SCHE hold 44% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Oct 8, 2026.

half

44% in common

Positions both hold, largest shared weight first
Holding AVEM SCHE
TAIWAN SEMICONDUCTOR MANUFAC COMMON STOCK TWD10.0 6.05% 17.05%
TENCENT HOLDINGS LTD COMMON STOCK HKD.00002 1.51% 3.15%
MEDIATEK INC COMMON STOCK TWD10.0 1.08% 1.88%
CHINA CONSTRUCTION BANK H COMMON STOCK CNY1.0 0.94% 0.88%
HON HAI PRECISION INDUSTRY COMMON STOCK TWD10.0 0.65% 1.04%
DELTA ELECTRONICS INC COMMON STOCK TWD10.0 0.56% 1.40%
UNITED MICROELECTRONICS CORP COMMON STOCK TWD10.0 0.71% 0.50%
IND + COMM BK OF CHINA H COMMON STOCK CNY1.0 0.49% 0.63%
PDD HOLDINGS INC ADR USD.00002 0.45% 0.60%
BANK OF CHINA LTD H COMMON STOCK CNY1.0 0.57% 0.42%
HDFC BANK LIMITED COMMON STOCK INR1.0 0.42% 0.83%
PING AN INSURANCE GROUP CO H COMMON STOCK CNY1.0 0.42% 0.46%
Only in AVEM
TAIWAN SEMICONDUCTOR SP ADR ADR 6.84%
SK HYNIX INC COMMON STOCK KRW5000.0 5.60%
SAMSUNG ELECTR GDR REG S GDR 5.46%
ALIBABA GROUP HOLDING SP ADR ADR USD.000025 0.70%
ASE TECHNOLOGY HOLDING ADR ADR 0.60%
LG ELECTRONICS INC COMMON STOCK KRW5000.0 0.60%
KB FINANCIAL GROUP INC ADR ADR 0.50%
NETEASE INC ADR ADR USD.0001 0.48%
Only in SCHE
Alibaba Group Holding Ltd 2.57%
Reliance Industries Ltd 0.88%
ASE Technology Holding Co Ltd 0.59%
Vale SA 0.55%
NetEase Inc 0.42%
Itau Unibanco Holding SA 0.41%
Infosys Ltd 0.39%
Petroleo Brasileiro SA - Petrobras 0.35%

Check overlap with more funds →

On the same fields

AVEM
Avantis Emerging Markets Equity ETF
SCHE
Schwab Emerging Markets Equity ETF
Where it sits Stock ETF Stock ETF
What it is Actively managed Tracks an index
Total return, 1 year +27.6% +12.6%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 +10.4 pts −4.7 pts
Expense ratio 0.33% 0.06%
Already in the S&P 500 0.0% 0.0%
Holdings 4065 2178
Net assets, AVEM as of Oct 9, 2026 and SCHE as of May 31, 2026 $28.4bn $12.7bn

AVEM and SCHE on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

AVEM in plain words

AVEM is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +27.6% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.33% a year. By its holdings published by its issuer for Oct 8, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 4,065 positions, with the top ten at 29.6%. It sat 5.4% below its high of Jun 22, 2026 on Oct 9, 2026.

SCHE in plain words

SCHE tracks an index. Over the year to Oct 9, 2026 it returned +12.6% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.06% 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 2,178 positions, with the top ten at 30.3%.

Questions people ask

Which returned more over the last year, AVEM or SCHE?
In the year to Oct 9, 2026, with distributions reinvested, AVEM returned +27.6% and SCHE +12.6%.
Which is cheaper, AVEM or SCHE?
SCHE is cheaper, by 0.27 percentage points a year. That is about $27 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do AVEM and SCHE overlap with the S&P 500?
By their latest filed holdings, 0% of AVEM and 0% of SCHE by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, AVEM against SCHE, data as of Oct 9, 2026. https://etfiq.com/compare/any/avem-vs-sche

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.