EMXC vs SCHE overlap - what they share and where they differ

EMXC and SCHE share 26.7% of their weight across 75 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.

EMXC and SCHE

26.7%

75 shared positions

EMXC

iShares MSCI Emerging Markets ex China ETF

Reported positions cover 98% of the fund, 582 positions · May 31, 2026

Top 10: 45.0%·Holdings of EMXC

SCHE

Schwab Emerging Markets Equity ETF

Reported positions cover 97% of the fund, 1,364 positions · May 31, 2026

Top 10: 30.4%·Holdings of SCHE

Reported positions cover EMXC 98%, SCHE 97% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

SCHE vs EMXC side by side

EMXCiShares MSCI Emerging Markets ex China ETF

582

stock positions reported to the SEC

69.6% of its weight is in 507 names SCHE does not hold

SCHESchwab Emerging Markets Equity ETF

1,364

stock positions reported to the SEC

69.9% of its weight is in 1,289 names EMXC does not hold

Where each fund's weight sits

EMXC
SCHE
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
28.3%
23.7%
Financial Services
3.7%
2.6%
Basic Materials
2.1%
0.9%
Consumer Cyclical
1.0%
2.0%
Energy
0.8%
0.0%
Industrials
0.0%
0.5%

The widest gap is Technology: EMXC has 4.6 points more of it.

The figures side by side

EMXCSCHE
Filing dateMay 31, 2026May 31, 2026
Stock positions reported5821,364
Weight of the ten largest45.0%30.4%
Largest positionTSM 17.9%TSM 17.1%
Held alone507 positions, 69.6%1,289 positions, 69.9%
Covered by stock positions98%97%

Holdings they share

StockIn EMXCIn SCHECounted
TSMTaiwan Semiconductor Manufacturing Company Limited17.94%17.06%17.06%
HDBHDFC BANK LIMITED0.87%0.83%0.83%
RSRELIANCE INDUSTRIES LIMITED0.83%0.88%0.83%
IBNICICI BANK LIMITED0.68%0.65%0.65%
ASXASE Technology Holding Co., Ltd.0.62%0.59%0.59%
UMCUnited Microelectronics Corporation0.50%0.50%0.50%
AUANGLOGOLD ASHANTI PLC0.47%0.45%0.45%
INFYINFOSYS LIMITED0.39%0.39%0.39%
NBHCNATIONAL BANK OF GREECE S.A.0.38%0.35%0.35%
GFIGold Fields Limited0.35%0.33%0.33%

What each holds alone

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

Only in EMXC

SAMSUNG ELECTRONICS CO., LTD.10.82%
SKHYSK hynix Inc.8.35%
MEDIATEK INC.2.04%
DELTA ELECTRONICS, INC.1.47%
HON HAI PRECISION INDUSTRY CO., LTD.1.13%
SAMSUNG ELECTRO-MECHANICS CO.,LTD0.78%
SK SQUARE CO., LTD.0.75%
PBRPetroleo Brasileiro S.A. (Petrobras)0.72%
HYUNDAI MOTOR COMPANY0.63%
VALEVALE S.A.0.58%

Only in SCHE

TENCENT HOLDINGS LTD3.15%
BABAAlibaba Group Holding Ltd2.57%
MEDIATEK INC1.88%
DELTA ELECTRONICS INC1.40%
HON HAI PRECISION INDUSTRY CO LTD1.04%
CHINA CONSTRUCTION BANK CORP0.90%
INDUSTRIAL & COMMERCIAL BANK OF CHINA LTD0.68%
PDDPDD Holdings Inc0.60%
XIAOMI CORP0.57%
VALE SA0.55%

Questions people ask

Is EMXC the same as SCHE?

26.7% of their weight sits in the same 75 holdings. EMXC also reports SAMSUNG ELECTRONICS CO., LTD., SKHY, MEDIATEK INC., which the other does not. SCHE also reports TENCENT HOLDINGS LTD, BABA, MEDIATEK INC, which the other does not.

How is the overlap between EMXC and SCHE 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 EMXC and 97% of SCHE, so the number cannot exceed the smaller coverage.

Which holds more, SCHE or EMXC?

EMXC reports 582 stock positions and SCHE reports 1,364. 69.6% of EMXC's weight sits in names SCHE does not hold, and 69.9% of SCHE's weight in names EMXC does not hold. The ten largest positions are 45.0% of EMXC and 30.4% of SCHE.

How do EMXC and SCHE differ by sector?

The widest gap is Technology: EMXC has 4.6 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

SCHE 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.