EEM vs EWY overlap - what they share and where they differ

EEM and EWY share 23.0% of their weight across 77 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.

EEM and EWY

23.0%

77 shared positions

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

EWY

iShares MSCI South Korea ETF

Reported positions cover 99% of the fund, 77 positions · May 31, 2026

Top 10: 69.7%·Holdings of EWY

Reported positions cover EEM 97%, EWY 99% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

EWY vs EEM side by side

EEMiShares MSCI Emerging Markets ETF

911

stock positions reported to the SEC

74.1% of its weight is in 834 names EWY does not hold

EWYiShares MSCI South Korea ETF

77

stock positions reported to the SEC

0.0% of its weight is in 0 names EEM does not hold

Where each fund's weight sits

EEM
EWY
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
25.7%
31.1%
Financial Services
3.0%
3.0%
Basic Materials
1.7%
0.8%
Consumer Cyclical
1.5%
0.0%
Communication Services
0.0%
0.9%
Energy
0.7%
0.0%

The widest gap is Technology: EWY has 5.4 points more of it.

The figures side by side

EEMEWY
Filing dateMay 31, 2026May 31, 2026
Stock positions reported91177
Weight of the ten largest39.5%69.7%
Largest positionTSM 14.3%SKHY 30.9%
Held alone834 positions, 74.1%0 positions, 0.0%
Covered by stock positions97%99%

Holdings they share

StockIn EEMIn EWYCounted
SAMSUNG ELECTRONICS CO., LTD.8.61%23.95%8.61%
SKHYSK hynix Inc.6.64%30.85%6.64%
SAMSUNG ELECTRO-MECHANICS CO.,LTD0.62%3.42%0.62%
SK SQUARE CO., LTD.0.60%3.08%0.60%
HYUNDAI MOTOR COMPANY0.50%2.43%0.50%
KBKB Financial Group Inc.0.28%1.40%0.28%
DOOSAN ENERBILITY CO., LTD.0.25%1.21%0.25%
HYUNDAI MOBIS CO.,LTD0.23%1.22%0.23%
KIA CORPORATION0.21%1.01%0.21%
SAMSUNG SDI CO., LTD.0.21%1.14%0.21%

What each holds alone

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

Only in EEM

TSMTaiwan Semiconductor Manufacturing Company Limited14.26%
TENCENT HOLDINGS LIMITED2.71%
BABAAlibaba Group Holding Limited2.08%
MEDIATEK INC.1.62%
DELTA ELECTRONICS, INC.1.17%
HON HAI PRECISION INDUSTRY CO., LTD.0.90%
CHINA CONSTRUCTION BANK CORPORATION0.82%
HDBHDFC BANK LIMITED0.70%
RSRELIANCE INDUSTRIES LIMITED0.66%
PBRPetroleo Brasileiro S.A. (Petrobras)0.57%

Only in EWY

Nothing among its reported positions that the others do not also hold.

Questions people ask

Is EEM the same as EWY?

23.0% of their weight sits in the same 77 holdings. EEM also reports TSM, TENCENT HOLDINGS LIMITED, BABA, which the other does not. Among its reported positions, EWY holds nothing the other does not also hold.

How is the overlap between EEM and EWY measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 97% of EEM and 99% of EWY, so the number cannot exceed the smaller coverage.

Which holds more, EWY or EEM?

EEM reports 911 stock positions and EWY reports 77. 74.1% of EEM's weight sits in names EWY does not hold, and 0.0% of EWY's weight in names EEM does not hold. The ten largest positions are 39.5% of EEM and 69.7% of EWY.

How do EEM and EWY differ by sector?

The widest gap is Technology: EWY has 5.4 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

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.