EMXC vs SPEM overlap - what they share and where they differ
EMXC and SPEM share 49.8% of their weight across 345 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 SPEM
49.8%
345 shared positions
EMXC
iShares MSCI Emerging Markets ex China ETF
Reported positions cover 98% of the fund, 561 positions · Aug 31, 2026
Top 10: 43.1%·Holdings of EMXC
SPEM
State Street(R) SPDR(R) Portfolio Emerging Markets ETF
Reported positions cover 100% of the fund, 2,718 positions · Jun 30, 2026
Top 10: 26.7%·Holdings of SPEM
Reported positions cover EMXC 98%, SPEM 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
SPEM vs EMXC side by side
EMXCiShares MSCI Emerging Markets ex China ETF
561
stock positions reported to the SEC
35.4% of its weight is in 216 names SPEM does not hold
SPEMState Street(R) SPDR(R) Portfolio Emerging Markets ETF
2,718
stock positions reported to the SEC
45.7% of its weight is in 2,373 names EMXC does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: EMXC has 6.4 points more of it.
The figures side by side
| EMXC | SPEM | |
|---|---|---|
| Filing date | Aug 31, 2026 | Jun 30, 2026 |
| Stock positions reported | 561 | 2,718 |
| Weight of the ten largest | 43.1% | 26.7% |
| Largest position | TSM 18.9% | TSM 14.7% |
| Held alone | 216 positions, 35.4% | 2,373 positions, 45.7% |
| Covered by stock positions | 98% | 100% |
Holdings they share
| Stock | In EMXC | In SPEM | Counted |
|---|---|---|---|
| TSMTaiwan Semiconductor Manufacturing Company Limited | 18.92% | 14.65% | 14.65% |
| MEDIATEK INC. | 1.82% | 1.82% | 1.82% |
| DELTA ELECTRONICS, INC. | 1.15% | 1.13% | 1.13% |
| HON HAI PRECISION INDUSTRY CO., LTD. | 0.98% | 0.93% | 0.93% |
| HDBHDFC BANK LIMITED | 0.87% | 0.84% | 0.84% |
| RSRELIANCE INDUSTRIES LIMITED | 0.82% | 0.81% | 0.81% |
| IBNICICI BANK LIMITED | 0.83% | 0.71% | 0.71% |
| ASXASE Technology Holding Co., Ltd. | 0.63% | 0.82% | 0.63% |
| BHARTI AIRTEL LIMITED | 0.54% | 0.53% | 0.53% |
| PBRPetroleo Brasileiro S.A. (Petrobras) | 0.75% | 0.47% | 0.47% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in EMXC
Only in SPEM
Questions people ask
Is EMXC the same as SPEM?
49.8% of their weight sits in the same 345 holdings. EMXC also reports SAMSUNG ELECTRONICS CO., LTD., SKHY, SK SQUARE CO., LTD., which the other does not. SPEM also reports TENCENT HOLDINGS LIMITED, BABA, CHINA CONSTRUCTION BANK CORPORATION, which the other does not.
How is the overlap between EMXC and SPEM 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 100% of SPEM, so the number cannot exceed the smaller coverage.
Which holds more, SPEM or EMXC?
EMXC reports 561 stock positions and SPEM reports 2,718. 35.4% of EMXC's weight sits in names SPEM does not hold, and 45.7% of SPEM's weight in names EMXC does not hold. The ten largest positions are 43.1% of EMXC and 26.7% of SPEM.
How do EMXC and SPEM differ by sector?
The widest gap is Technology: EMXC has 6.4 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.
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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.