Quick Verdict

BBEM has a lower expense ratio. BBEM delivered stronger 1-year returns. AVSE offers more diversification with 1526 holdings.

Lower Fees: BBEMHigher Returns: BBEMMore Diversified: AVSE

Side-by-Side Comparison

MetricAVSEBBEMWinner
Expense Ratio0.33%0.15%
AUM$210M$748M
Dividend Yield1.27%2.52%
Holdings4,8031,132
YTD Return+17.09%+15.82%
1Y Return+32.20%+32.69%
3Y Return (annualized)+21.99%+19.42%
5Y Return (annualized)--
Volatility (annualized)18.3%15.1%
Max Drawdown-26.3%-17.4%
Fund FamilyAvantis InvestorsJ.P. Morgan Asset Management
CategoryEquityEquity
InceptionMar 28, 2022May 10, 2023

AVSE vs BBEM Performance

Avantis Responsible Emerging Markets Equity ETF (AVSE) is a ETF from Avantis Investors and JPMorgan BetaBuilders Emerging Markets Equity ETF (BBEM) is a ETF from J.P. Morgan Asset Management. Over the past year AVSE returned +32.20% while BBEM returned +32.69%. Year to date, AVSE is up 17.09% versus a gain of 15.82% for BBEM.

Over three years, AVSE compounded at +21.99% per year against +19.42% for BBEM. Across the full 3-year window we track, BBEM has the edge at +19.55% annualized vs +13.25%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

AVSE has been the more volatile fund, with annualized monthly volatility of 18.3% compared with 15.1% for BBEM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -26.3% for AVSE and -17.4% for BBEM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

AVSE charges 0.33% per year while BBEM charges 0.15%. On a $10,000 position that is $33 vs $15 annually, a gap of $18 per year that compounds over a long holding period. On income, AVSE currently yields 1.27% against 2.52% for BBEM.

Holdings Overlap

30.2%overlap

AVSE and BBEM share 298 holdings out of 2117 unique holdings combined, representing a 30.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in AVSEWeight in BBEMDifference
2330:TW2.31%12.87%10.56%
000660:KR7.29%2.83%4.46%
0700:KY1.46%3.54%2.08%
2454:TWProProPro
2317:TWProProPro
HDFCBANK:MBProProPro
1398:HKProProPro
PDDProProPro
2308:TWProProPro
2318:HKProProPro
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Frequently Asked Questions

Which is cheaper, AVSE or BBEM?

AVSE has an expense ratio of 0.33% while BBEM charges 0.15%. BBEM is the cheaper option. On a $10,000 investment, that is $18 per year of difference.

Which performed better, AVSE or BBEM?

Over the past year AVSE returned +32.20% vs +32.69% for BBEM, so BBEM leads on 1-year performance. Over the longest common window we track (3 years), AVSE annualized +13.25% vs +19.55% for BBEM. Past performance does not guarantee future results.

Which is riskier, AVSE or BBEM?

AVSE has been the more volatile fund at 18.3% annualized versus 15.1% for BBEM. Worst drawdown: AVSE -26.3% vs BBEM -17.4%.

Should I hold both AVSE and BBEM?

AVSE and BBEM have a monthly-return correlation of 0.98, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between AVSE and BBEM?

AVSE and BBEM share 298 common holdings with a 30.2% weight overlap. Combined, they hold 2117 unique securities.

Which pays a higher dividend, AVSE or BBEM?

AVSE yields 1.27% while BBEM yields 2.52%, so BBEM currently pays the higher dividend yield.

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