ASHR vs VWO overlap - what they share and where they differ

ASHR and VWO share 4.8% of their weight across 133 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.

ASHR and VWO

4.8%

133 shared positions

ASHR

Xtrackers Harvest CSI 300 China A-Shares ETF

Reported positions cover 100% of the fund, 281 positions · May 29, 2026

Top 10: 25.0%·Holdings of ASHR

VWO

VANGUARD EMERGING MARKETS STOCK INDEX FUND

Reported positions cover 93% of the fund, 1,791 positions · Apr 30, 2026

Top 10: 26.6%·Holdings of VWO

Reported positions cover ASHR 100%, VWO 93% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

VWO vs ASHR side by side

ASHRXtrackers Harvest CSI 300 China A-Shares ETF

281

stock positions reported to the SEC

40.1% of its weight is in 148 names VWO does not hold

VWOVANGUARD EMERGING MARKETS STOCK INDEX FUND

1,791

stock positions reported to the SEC

88.0% of its weight is in 1,658 names ASHR does not hold

Where each fund's weight sits

ASHR
VWO
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
0.0%
20.9%
Financial Services
0.7%
2.6%
Consumer Cyclical
0.0%
2.1%
Communication Services
1.1%
0.0%
Basic Materials
0.0%
0.8%
Industrials
0.4%
0.6%

The widest gap is Technology: VWO has 20.9 points more of it.

The figures side by side

ASHRVWO
Filing dateMay 29, 2026Apr 30, 2026
Stock positions reported2811,791
Weight of the ten largest25.0%26.6%
Largest positionZHONGJI INNOLIGHT CO LTD 4.9%TSM 14.6%
Held alone148 positions, 40.1%1,658 positions, 88.0%
Covered by stock positions100%93%

Holdings they share

StockIn ASHRIn VWOCounted
CHINA CONSTRUCTION BANK CORP0.34%0.87%0.34%
BANK OF CHINA LTD0.32%0.40%0.32%
ZIJIN MINING GROUP CO LTD1.89%0.30%0.30%
CONTEMPORARY AMPEREX TECHNOLOGY CO LTD4.19%0.28%0.28%
AGRICULTURAL BANK OF CHINA LTD0.68%0.26%0.26%
EVEXEVERBRIGHT SECURITIES CO LTD0.43%0.11%0.11%
CMOC GROUP LTD0.60%0.10%0.10%
NODKNINGBO ZHOUSHAN PORT CO LTD0.72%0.10%0.10%
WEICHAI POWER CO LTD0.74%0.10%0.10%
CHINA CITIC BANK CORP LTD0.14%0.09%0.09%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in ASHR

KWEICHOW MOUTAI COMPANY LTD3.11%
PING AN INSURANCE (GROUP) COMPANY OF CHINA LTD2.15%
CHINA MERCHANTS BANK COMPANY LTD1.76%
GIGA DEVICE SEMICONDUCTOR INC1.20%
INDUSTRIAL BANK COMPANY LTD1.17%
SUZHOU DONGSHAN PRECISION MANUFACTURING COMPANY LTD1.05%
BYD COMPANY LTD0.99%
CITIC SECURITIES COMPANY LTD0.97%
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD (THE)0.88%
VICTORY GIANT TECHNOLOGY (HUIZHOU) CO LTD0.85%

Only in VWO

TSMTaiwan Semiconductor Co Ltd14.61%
TENCENT HOLDINGS LTD3.26%
BABAAlibaba Group Holding Ltd2.55%
DELTA ELECTRONICS INC1.17%
MEDIATEK INC1.06%
RSReliance Infrastructure Ltd0.91%
HDBHDFC Bank Ltd0.80%
HON HAI PRECISION INDUSTRY CO LTD0.74%
INDUSTRIAL & COMMERCIAL BANK OF CHINA LTD0.67%
PDDPDD Holdings Inc0.66%

Questions people ask

Is ASHR the same as VWO?

4.8% of their weight sits in the same 133 holdings. ASHR also reports KWEICHOW MOUTAI COMPANY LTD, PING AN INSURANCE (GROUP) COMPANY OF CHINA LTD, CHINA MERCHANTS BANK COMPANY LTD, which the other does not. VWO also reports TSM, TENCENT HOLDINGS LTD, BABA, which the other does not.

How is the overlap between ASHR and VWO measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of ASHR and 93% of VWO, so the number cannot exceed the smaller coverage.

Which holds more, VWO or ASHR?

ASHR reports 281 stock positions and VWO reports 1,791. 40.1% of ASHR's weight sits in names VWO does not hold, and 88.0% of VWO's weight in names ASHR does not hold. The ten largest positions are 25.0% of ASHR and 26.6% of VWO.

How do ASHR and VWO differ by sector?

The widest gap is Technology: VWO has 20.9 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

VWO against other funds in the table

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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.