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

EEM and IEMG share 85.0% of their weight across 889 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 IEMG

85.0%

889 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

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 EEM 97%, 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 EEM side by side

EEMiShares MSCI Emerging Markets ETF

911

stock positions reported to the SEC

0.2% of its weight is in 22 names IEMG does not hold

IEMGiShares Core MSCI Emerging Markets ETF

1,755

stock positions reported to the SEC

11.4% of its weight is in 866 names EEM does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
25.7%
22.6%
Financial Services
3.0%
2.7%
Basic Materials
1.7%
1.6%
Consumer Cyclical
1.5%
1.4%
Energy
0.7%
0.6%

The widest gap is Technology: EEM has 3.1 points more of it.

The figures side by side

EEMIEMG
Filing dateMay 31, 2026May 31, 2026
Stock positions reported9111,755
Weight of the ten largest39.5%34.6%
Largest positionTSM 14.3%TSM 12.5%
Held alone22 positions, 0.2%866 positions, 11.4%
Covered by stock positions97%97%

Holdings they share

StockIn EEMIn IEMGCounted
TSMTaiwan Semiconductor Manufacturing Company Limited14.26%12.49%12.49%
SAMSUNG ELECTRONICS CO., LTD.8.61%7.54%7.54%
SKHYSK hynix Inc.6.64%5.82%5.82%
TENCENT HOLDINGS LIMITED2.71%2.37%2.37%
BABAAlibaba Group Holding Limited2.08%1.82%1.82%
MEDIATEK INC.1.62%1.42%1.42%
DELTA ELECTRONICS, INC.1.17%1.02%1.02%
HON HAI PRECISION INDUSTRY CO., LTD.0.90%0.79%0.79%
CHINA CONSTRUCTION BANK CORPORATION0.82%0.72%0.72%
HDBHDFC BANK LIMITED0.70%0.61%0.61%

What each holds alone

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

Only in EEM

PT AMMAN MINERAL INTERNASIONAL TBK.0.02%
BIWIN STORAGE TECHNOLOGY CO LTD0.01%
CHINA MERCHANTS SHEKOU INDUSTRIAL ZONE HOLDINGS CO., LTD.0.01%
CHINA XD ELECTRIC CO., LTD0.01%
DATANG INTERNATIONAL POWER GENERATION CO., LTD.0.01%
GUANGDONG HEC TECHNOLOGY HOLDING CO., LTD0.01%
HANGZHOU CHANGCHUAN TECHNOLOGY CO LTD0.01%
INNER MONGOLIA XINGYE SILVER&TIN MINING CO.,LTD0.01%
MR DIY GROUP (M) BHD0.01%
PT BARITO RENEWABLES ENERGY TBK0.01%

Only in IEMG

MPI CORPORATION0.11%
WINBOND ELECTRONICS CORPORATION0.11%
LG INNOTEK CO.,LTD0.09%
NANYA TECHNOLOGY CORPORATION0.09%
PHISON ELECTRONICS CORPORATION0.09%
TAIWAN UNION TECHNOLOGY CORPORATION0.09%
COMPEQ MANUFACTURING COMPANY LIMITED0.06%
MACRONIX INTERNATIONAL CO., LTD.0.06%
POWERCHIP SEMICONDUCTOR MANUFACTURING CORPORATION0.06%
POWERTECH TECHNOLOGY INC.0.06%

Questions people ask

Is EEM the same as IEMG?

85.0% of their weight sits in the same 889 holdings. EEM also reports PT AMMAN MINERAL INTERNASIONAL TBK., BIWIN STORAGE TECHNOLOGY CO LTD, CHINA MERCHANTS SHEKOU INDUSTRIAL ZONE HOLDINGS CO., LTD., 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 EEM 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 97% of EEM and 97% of IEMG, so the number cannot exceed the smaller coverage.

Which holds more, IEMG or EEM?

EEM reports 911 stock positions and IEMG reports 1,755. 0.2% of EEM's weight sits in names IEMG does not hold, and 11.4% of IEMG's weight in names EEM does not hold. The ten largest positions are 39.5% of EEM and 34.6% of IEMG.

How do EEM and IEMG differ by sector?

The widest gap is Technology: EEM has 3.1 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.

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.