🔴 AVEM is trading 3.07% down today as dollar strength and geopolitical risks pressure emerging markets

AVEM is trading at $93.53, down 3.07% today, as firm U.S. labor data and a stronger dollar weigh on emerging market currencies and equities.

• The fund is notably underperforming major U.S. indices, signaling a targeted risk-off move focused on emerging markets rather than a broad global equity selloff.
• AVEM’s specific tilt toward small-cap, value, and profitability factors—particularly within Asian tech and financials—is amplifying losses amid heightened geopolitical concerns and China-related weakness.