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

EEM and EWY share 20.6% of their weight across 74 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

20.6%

74 shared positions

EEM

iShares MSCI Emerging Markets ETF

Reported positions cover 97% of the fund, 1,060 positions · Aug 31, 2026

Top 10: 38.0%·Holdings of EEM

EWY

iShares MSCI South Korea ETF

Reported positions cover 98% of the fund, 74 positions · Aug 31, 2026

Top 10: 58.8%·Holdings of EWY

Reported positions cover EEM 97%, EWY 98% 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

1,060

stock positions reported to the SEC

76.9% of its weight is in 986 names EWY does not hold

EWYiShares MSCI South Korea ETF

74

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
25.4%
21.3%
Financial Services
4.2%
4.7%
Basic Materials
1.6%
0.9%
Consumer Cyclical
1.5%
0.0%
Communication Services
0.0%
1.2%
Healthcare
0.0%
0.7%

The widest gap is Technology: EEM has 4.1 points more of it.

The figures side by side

EEMEWY
Filing dateAug 31, 2026Aug 31, 2026
Stock positions reported1,06074
Weight of the ten largest38.0%58.8%
Largest positionTSM 15.0%SAMSUNG ELECTRONICS CO., LTD. 22.2%
Held alone986 positions, 76.9%0 positions, 0.0%
Covered by stock positions97%98%

Holdings they share

StockIn EEMIn EWYCounted
SAMSUNG ELECTRONICS CO., LTD.8.05%22.21%8.05%
SKHYSK hynix Inc.5.42%20.96%5.42%
SK SQUARE CO., LTD.0.56%3.17%0.56%
SAMSUNG ELECTRO-MECHANICS CO.,LTD0.48%2.96%0.48%
KBKB Financial Group Inc.0.36%2.10%0.36%
HYUNDAI MOTOR COMPANY0.32%1.74%0.32%
SHGShinhan Financial Group Co., Ltd.0.27%1.66%0.27%
DOOSAN ENERBILITY CO., LTD.0.22%1.29%0.22%
HANA FINANCIAL GROUP INCHana Financial Group Inc.0.22%1.43%0.22%
HANWHA AEROSPACE CO., LTD.0.22%1.32%0.22%

What each holds alone

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

Only in EEM

TSMTaiwan Semiconductor Manufacturing Company Limited15.03%
TENCENT HOLDINGS LIMITED2.87%
BABAAlibaba Group Holding Limited1.94%
MEDIATEK INC.1.45%
DELTA ELECTRONICS, INC.0.92%
CHINA CONSTRUCTION BANK CORPORATION0.84%
HON HAI PRECISION INDUSTRY CO., LTD.0.78%
HDBHDFC BANK LIMITED0.70%
RSRELIANCE INDUSTRIES LIMITED0.66%
IBNICICI BANK LIMITED0.64%

Only in EWY

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

Questions people ask

Is EEM the same as EWY?

20.6% of their weight sits in the same 74 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 98% of EWY, so the number cannot exceed the smaller coverage.

Which holds more, EWY or EEM?

EEM reports 1,060 stock positions and EWY reports 74. 76.9% 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 38.0% of EEM and 58.8% of EWY.

How do EEM and EWY differ by sector?

The widest gap is Technology: EEM has 4.1 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.

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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.