ACWX vs EEM overlap - what they share and where they differ
ACWX and EEM share 31.8% of their weight across 756 common positions, read from what each fund reported to the SEC.
Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.
ACWX and EEM
31.8%
756 shared positions
ACWX
iShares MSCI ACWI ex U.S. ETF
Reported positions cover 98% of the fund, 1,483 positions · Apr 30, 2026
Top 10: 14.9%·Holdings of ACWX
EEM
iShares MSCI Emerging Markets ETF
Reported positions cover 97% of the fund, 911 positions · May 31, 2026
Top 10: 39.5%·Holdings of EEM
Reported positions cover ACWX 98%, EEM 97% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
EEM vs ACWX side by side
ACWXiShares MSCI ACWI ex U.S. ETF
1,483
stock positions reported to the SEC
65.4% of its weight is in 727 names EEM does not hold
EEMiShares MSCI Emerging Markets ETF
911
stock positions reported to the SEC
1.8% of its weight is in 155 names ACWX does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: EEM has 13.9 points more of it.
The figures side by side
| ACWX | EEM | |
|---|---|---|
| Filing date | Apr 30, 2026 | May 31, 2026 |
| Stock positions reported | 1,483 | 911 |
| Weight of the ten largest | 14.9% | 39.5% |
| Largest position | TSM 4.7% | TSM 14.3% |
| Held alone | 727 positions, 65.4% | 155 positions, 1.8% |
| Covered by stock positions | 98% | 97% |
Holdings they share
| Stock | In ACWX | In EEM | Counted |
|---|---|---|---|
| TSMTaiwan Semiconductor Manufacturing Company Limited | 4.67% | 14.26% | 4.67% |
| SAMSUNG ELECTRONICS CO., LTD. | 2.19% | 8.61% | 2.19% |
| SKHYSK hynix Inc. | 1.33% | 6.64% | 1.33% |
| TENCENT HOLDINGS LIMITED | 1.07% | 2.71% | 1.07% |
| BABAAlibaba Group Holding Limited | 0.79% | 2.08% | 0.79% |
| DELTA ELECTRONICS, INC. | 0.37% | 1.17% | 0.37% |
| MEDIATEK INC. | 0.35% | 1.62% | 0.35% |
| CHINA CONSTRUCTION BANK CORPORATION | 0.32% | 0.82% | 0.32% |
| NBHCNATIONAL BANK OF GREECE S.A. | 0.26% | 0.31% | 0.26% |
| HDBHDFC BANK LIMITED | 0.25% | 0.70% | 0.25% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in ACWX
Only in EEM
Questions people ask
Is ACWX the same as EEM?
31.8% of their weight sits in the same 756 holdings. ACWX also reports ASML, HSBC, MUFG, which the other does not. EEM also reports FIBRA UNO ADMINISTRACION S.C., SWIGGY LIMITED, ASSECO POLAND SPOLKA AKCYJNA, which the other does not.
How is the overlap between ACWX and EEM measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 98% of ACWX and 97% of EEM, so the number cannot exceed the smaller coverage.
Which holds more, EEM or ACWX?
ACWX reports 1,483 stock positions and EEM reports 911. 65.4% of ACWX's weight sits in names EEM does not hold, and 1.8% of EEM's weight in names ACWX does not hold. The ten largest positions are 14.9% of ACWX and 39.5% of EEM.
How do ACWX and EEM differ by sector?
The widest gap is Technology: EEM has 13.9 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.
Where do the numbers come from?
From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.
Other pairs with these funds
ACWX against other funds in the table
EEM against other funds in the table
Add a third fund in the tool·All fund pairs
Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.