Data as of Oct 28, 2026.

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AVEM vs VXUS: Differences, Returns & Fees

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Over the year to Oct 28, 2026, AVEM returned +17.9% to VXUS's +13.8%; 23% 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 $163.2bn on Sep 30, 2026 for Vanguard Total International Stock ETF.

At a glance
+17.9%
AVEM total return, 1 year
+13.8%
VXUS total return, 1 year
0.33%
AVEM expense ratio
0.05%
VXUS expense ratio

Pair scorecard

VXUS costs 0.28 points a year less; their one-year returns differ by 4.1 points.

AVEM vs VXUS: Differences, Returns & Fees
MeasureAVEMVXUS
Return
Total return, 1 year+17.9%+13.8%
Drawdown
Below its high10.2%, high on Jun 22, 20265.1%, high on Sep 4, 2026
Benchmark
What it tracksNo index, actively managedFTSE Global All Cap ex US Index
Cost and size
Expense ratio0.33%0.05%
Net assets, AVEM as of Oct 27, 2026 and VXUS as of Sep 30, 2026$27.3bn$163.2bn
Holdings
Holdings in common23%
Top ten holdings, share of the fund28.7%14.6%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

Risk and return

Sep 27, 2019 to Oct 23, 2026 · 369 weekly returns
AVEM VXUS
Return
Total return edge AVEM +113.9% +96.8%
Annualized edge AVEM +11.3% +10.0%
Price return edge AVEM +79.6% +60.4%
Risk
Volatility edge VXUS (slight) 19.6% 17.9%
Max drawdown edge VXUS (slight) −34.8% −33.6%
Risk-adjusted
Sharpe edge AVEM (slight) 0.50 0.46
Sortino edge AVEM (slight) 0.70 0.65
Calmar edge AVEM (slight) 0.32 0.30
Reading

AVEM returned more: +113.9% to +96.8%. VXUS swung slightly less: 17.9% to 19.6%. VXUS fell slightly less at its worst: −33.6% to −34.8%.

Full scorecard

9 measures, with how each is measured
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Risk and return: AVEM vs VXUS: Differences, Returns & Fees
MeasureAVEMVXUSEdgeHow it is measured
Return
Total return+113.9%+96.8%AVEMPrice change plus distributions, reinvested.
Annualized+11.3%+10.0%AVEMTotal return as a yearly rate.
Price return+79.6%+60.4%AVEMPrice change alone, distributions left out.
Risk
Volatility19.6%17.9%VXUS (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation14.1%12.8%VXUS (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−34.8%−33.6%VXUS (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.500.46AVEM (slight)Return above Treasury bills per unit of volatility.
Sortino0.700.65AVEM (slight)Return above Treasury bills per unit of downside deviation.
Calmar0.320.30AVEM (slight)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

23%

By the books each fund has filed, AVEM and VXUS hold 23% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

23% in common

Positions both hold · largest shared weight first AVEM VXUS
TAIWAN SEMICONDUCTOR MANUFAC COMMON STOCK TWD10.0 6.09% 4.27%
SK HYNIX INC COMMON STOCK KRW5000.0 4.89% 1.67%
TENCENT HOLDINGS LTD COMMON STOCK HKD.00002 1.49% 0.76%
MEDIATEK INC COMMON STOCK TWD10.0 0.96% 0.51%
DELTA ELECTRONICS INC COMMON STOCK TWD10.0 0.45% 0.26%
CHINA CONSTRUCTION BANK H COMMON STOCK CNY1.0 1.02% 0.25%
HON HAI PRECISION INDUSTRY COMMON STOCK TWD10.0 0.73% 0.22%
HDFC BANK LIMITED COMMON STOCK INR1.0 0.43% 0.19%
IND + COMM BK OF CHINA H COMMON STOCK CNY1.0 0.53% 0.18%
ASE TECHNOLOGY HOLDING ADR ADR 0.56% 0.17%
SAMSUNG ELECTRO MECHANICS CO COMMON STOCK KRW5000.0 0.31% 0.14%
PDD HOLDINGS INC ADR USD.00002 0.47% 0.14%
Only in one fund ↓
Only in AVEM
TAIWAN SEMICONDUCTOR SP ADR ADR 6.82%
SAMSUNG ELECTR GDR REG S GDR 5.35%
ALIBABA GROUP HOLDING SP ADR ADR USD.000025 0.70%
ICICI BANK LTD SPON ADR ADR 0.50%
NETEASE INC ADR ADR USD.0001 0.48%
RELIANCE INDS SPONS GDR 144A GDR 0.43%
PETROLEO BRASIL SP PREF ADR ADR 0.41%
PETROLEO BRASILEIRO SPON ADR ADR 0.37%
Only in VXUS
Samsung Electronics Co Ltd 2.03%
SLCMT1142 1.66%
ASML Holding NV 1.55%
HSBC Holdings PLC 0.76%
Roche Holding AG 0.66%
Shell PLC 0.62%
Royal Bank of Canada 0.62%
Novartis AG 0.60%
Check overlap with more funds →

Side by side

AVEM Avantis Emerging Markets Equity ETF VXUS Vanguard Total International Stock ETF
Where it sits Stock ETF Stock ETF
What it is Actively managed Tracks an index of Total International Stock
Total return, 1 year +17.9% +13.8%
Expense ratio 0.33% 0.05%
Already in the S&P 500 0.0% 0.0%
Holdings 4088 8913
Net assets, AVEM as of Oct 27, 2026 and VXUS as of Sep 30, 2026 $27.3bn $163.2bn

AVEM and VXUS on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-A4DC10539B

AVEM and VXUS do different jobs. What does each one do in a portfolio?

  1. What each follows. AVEM follows No index, actively managed and VXUS follows FTSE Global All Cap ex US Index.
  2. Holdings in common. 23% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 AVEM returned +17.9% and VXUS +13.8% with distributions reinvested, a gap of 4.1 points.

Data as of Oct 28, 2026.

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About each fund
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.

VXUS

VXUS tracks an index of Total International Stock. Over the year to Oct 28, 2026 it returned +13.8% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 8,913 positions, with the top ten at 14.6%. It sat 5.1% below its high of Sep 4, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, AVEM or VXUS?
In the year to Oct 28, 2026, with distributions reinvested, AVEM returned +17.9% and VXUS +13.8%.
Which is cheaper, AVEM or VXUS?
VXUS is cheaper, by 0.28 percentage points a year. That is about $28 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do AVEM and VXUS overlap with the S&P 500?
By their latest filed holdings, 0% of AVEM and 0% of VXUS by weight is stocks the S&P 500 already holds.
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ETFIQ, AVEM against VXUS, data as of Oct 28, 2026. https://etfiq.com/compare/any/avem-vs-vxus

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