ACWX vs IEMG overlap - what they share and where they differ
ACWX and IEMG share 31.9% 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 IEMG
31.9%
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
IEMG
iShares Core MSCI Emerging Markets ETF
Reported positions cover 97% of the fund, 1,755 positions · May 31, 2026
Top 10: 34.6%·Holdings of IEMG
Reported positions cover ACWX 98%, IEMG 97% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
IEMG 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 IEMG does not hold
IEMGiShares Core MSCI Emerging Markets ETF
1,755
stock positions reported to the SEC
12.9% of its weight is in 999 names ACWX does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: IEMG has 10.8 points more of it.
The figures side by side
| ACWX | IEMG | |
|---|---|---|
| Filing date | Apr 30, 2026 | May 31, 2026 |
| Stock positions reported | 1,483 | 1,755 |
| Weight of the ten largest | 14.9% | 34.6% |
| Largest position | TSM 4.7% | TSM 12.5% |
| Held alone | 727 positions, 65.4% | 999 positions, 12.9% |
| Covered by stock positions | 98% | 97% |
Holdings they share
| Stock | In ACWX | In IEMG | Counted |
|---|---|---|---|
| TSMTaiwan Semiconductor Manufacturing Company Limited | 4.67% | 12.49% | 4.67% |
| SAMSUNG ELECTRONICS CO., LTD. | 2.19% | 7.54% | 2.19% |
| SKHYSK hynix Inc. | 1.33% | 5.82% | 1.33% |
| TENCENT HOLDINGS LIMITED | 1.07% | 2.37% | 1.07% |
| BABAAlibaba Group Holding Limited | 0.79% | 1.82% | 0.79% |
| DELTA ELECTRONICS, INC. | 0.37% | 1.02% | 0.37% |
| MEDIATEK INC. | 0.35% | 1.42% | 0.35% |
| CHINA CONSTRUCTION BANK CORPORATION | 0.32% | 0.72% | 0.32% |
| NBHCNATIONAL BANK OF GREECE S.A. | 0.26% | 0.27% | 0.26% |
| HDBHDFC BANK LIMITED | 0.25% | 0.61% | 0.25% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in ACWX
Only in IEMG
Questions people ask
Is ACWX the same as IEMG?
31.9% of their weight sits in the same 756 holdings. ACWX also reports ASML, HSBC, MUFG, which the other does not. IEMG also reports MPI CORPORATION, WINBOND ELECTRONICS CORPORATION, LG INNOTEK CO.,LTD, which the other does not.
How is the overlap between ACWX and IEMG 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 IEMG, so the number cannot exceed the smaller coverage.
Which holds more, IEMG or ACWX?
ACWX reports 1,483 stock positions and IEMG reports 1,755. 65.4% of ACWX's weight sits in names IEMG does not hold, and 12.9% of IEMG's weight in names ACWX does not hold. The ten largest positions are 14.9% of ACWX and 34.6% of IEMG.
How do ACWX and IEMG differ by sector?
The widest gap is Technology: IEMG has 10.8 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
IEMG 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.