Which returned more over the last year, AVES or IEMG?

In the year to Oct 9, 2026, with distributions reinvested, AVES returned +18.3% and IEMG +25.3%.

Which is cheaper, AVES or IEMG?

IEMG 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 AVES and IEMG overlap with the S&P 500?

By their latest filed holdings, 0% of AVES and 0% of IEMG by weight is stocks the S&P 500 already holds.

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AVES vs IEMG: Differences, Returns & Fees

AVES and IEMG hold 7% of their weight in the same names, and IEMG returned +25.3% over the year. Net assets: $1.5bn on May 31, 2026 for Avantis Emerging Markets Value ETF, and $160.2bn on Oct 9, 2026 for iShares Core MSCI Emerging Markets ETF.

IEMG costs 0.27 points a year less; their one-year returns differ by 7.0 points; IEMG is far larger, $81.2bn against $536m.

AVES vs IEMG: Differences, Returns & Fees
	AVES	IEMG
Expense ratio	0.36%	0.09%
Net assets, as of Feb 28, 2025	$536m	$81.2bn
Total return, 1 year	+18.3%	+25.3%
What it tracks	No index, actively managed	MSCI Emerging Markets Investable Market Index (IMI)
Holdings in common	7%
Top ten holdings, share of the fund	10.9%	34.0%
Below its high	3.8%, high on Jun 15, 2026	5.3%, high on Jun 22, 2026

Holdings in common uses holdings dated Oct 8, 2026 and Oct 9, 2026.

+18.3%

AVES total return, 1 year

+25.3%

IEMG total return, 1 year

0.36%

AVES expense ratio

0.09%

IEMG expense ratio

What they hold in common

By the books each fund has filed, AVES and IEMG hold 7% 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 Oct 8, 2026 and Oct 9, 2026.

50%

half

7% in common

Positions both hold, largest shared weight first

Holding AVES IEMG

ASE TECHNOLOGY HOLDING ADR ADR 1.71% 0.56%

KB FINANCIAL GROUP INC ADR ADR 0.90% 0.29%

GOLD FIELDS LTD SPONS ADR ADR 0.26% 0.23%

INFOSYS LTD SP ADR ADR 0.34% 0.23%

SHINHAN FINANCIAL GROUP ADR ADR 0.90% 0.22%

LARSEN + TOUBRO LTD COMMON STOCK INR2.0 0.30% 0.18%

ORLEN SA COMMON STOCK PLN1.25 0.41% 0.17%

STANDARD BANK GROUP LTD COMMON STOCK ZAR.1 0.39% 0.17%

NATIONAL BANK OF KUWAIT COMMON STOCK KWD.1 0.27% 0.16%

EMAAR PROPERTIES PJSC COMMON STOCK AED1.0 0.49% 0.14%

MTN GROUP LTD COMMON STOCK ZAR.0001 0.42% 0.14%

QATAR NATIONAL BANK COMMON STOCK QAR1.0 0.29% 0.14%

Only in AVES

FUBON FINANCIAL HOLDING CO COMMON STOCK TWD10.0 1.25%

INNOLUX CORP COMMON STOCK TWD10.0 1.17%

LG ELECTRONICS INC COMMON STOCK KRW5000.0 1.15%

HANA FINANCIAL GROUP COMMON STOCK KRW5000.0 1.13%

CATHAY FINANCIAL HOLDING CO COMMON STOCK TWD10.0 0.91%

ZHEN DING TECHNOLOGY HOLDING COMMON STOCK TWD10.0 0.91%

WOORI FINANCIAL GROUP INC COMMON STOCK KRW5000.0 0.84%

UNITED MICROELECTRONICS CORP COMMON STOCK TWD10.0 0.83%

Only in IEMG

TAIWAN SEMICONDUCTOR MANUFACTURING 14.01%

SAMSUNG ELECTRONICS LTD 6.50%

SK HYNIX 4.93%

TENCENT HOLDINGS 2.37%

ALIBABA GROUP HOLDING 1.63%

MEDIATEK 1.51%

DELTA ELECTRONICS 0.85%

SAMSUNG ELECTRONICS NON VOTING PRE 0.82%

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On the same fields

AVES

Avantis Emerging Markets Value ETF

IEMG

iShares Core MSCI Emerging Markets ETF

Where it sits Stock ETF Stock ETF

Issuer Avantis iShares

What it is Actively managed Tracks the MSCI Emerging Markets

Total return, 1 year +18.3% +25.3%

Expense ratio 0.36% 0.09%

Already in the S&P 500 0.0% 0.0%

Holdings 1987 2869

Net assets, AVES as of May 31, 2026 and IEMG as of Oct 9, 2026 $1.5bn $160.2bn

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

About AVES

AVES is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +18.3% with distributions reinvested. The prospectus expense ratio is 0.36% 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 1,987 positions, with the top ten at 10.9%. It sat 3.8% below its high of Jun 15, 2026 on Oct 9, 2026.

About IEMG

IEMG tracks the MSCI Emerging Markets. Over the year to Oct 9, 2026 it returned +25.3% with distributions reinvested. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer for Oct 9, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,869 positions, with the top ten at 34.0%. It sat 5.3% below its high of Jun 22, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, AVES or IEMG?: In the year to Oct 9, 2026, with distributions reinvested, AVES returned +18.3% and IEMG +25.3%.
Which is cheaper, AVES or IEMG?: IEMG 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 AVES and IEMG overlap with the S&P 500?: By their latest filed holdings, 0% of AVES and 0% of IEMG by weight is stocks the S&P 500 already holds.

Other comparisons

AVES vs VWO AVES vs XCEM AVES vs GEM AVES vs DVYE GEM vs IEMG IEMG vs JEMA DVYE vs IEMG DGS vs IEMG

AVES on its own →IEMG on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

AVES filings on SEC EDGAR ↗AVES prospectus with the expense ratio (SEC) ↗Avantis website ↗IEMG filings on SEC EDGAR ↗IEMG prospectus with the expense ratio (SEC) ↗iShares page for IEMG ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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.

Cite this pageCitation, APA and Markdown

ETFIQ, AVES against IEMG, data as of Oct 9, 2026. https://etfiq.com/compare/any/aves-vs-iemg

Open data

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