EWH vs IQLT overlap - what they share and where they differ

EWH and IQLT share 2.3% of their weight across 12 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.

EWH and IQLT

2.3%

12 shared positions

EWH

iShares MSCI Hong Kong ETF

Reported positions cover 88% of the fund, 23 positions · May 31, 2026

Top 10: 66.5%·Holdings of EWH

IQLT

iShares MSCI Intl Quality Factor ETF

Reported positions cover 99% of the fund, 279 positions · Apr 30, 2026

Top 10: 25.0%·Holdings of IQLT

Reported positions cover EWH 88%, IQLT 99% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

IQLT vs EWH side by side

EWHiShares MSCI Hong Kong ETF

23

stock positions reported to the SEC

47.8% of its weight is in 11 names IQLT does not hold

IQLTiShares MSCI Intl Quality Factor ETF

279

stock positions reported to the SEC

96.2% of its weight is in 267 names EWH does not hold

Where each fund's weight sits

EWH
IQLT
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
26.9%
7.9%
Healthcare
0.0%
6.3%
Basic Materials
0.0%
5.1%
Energy
0.0%
5.1%
Financial Services
0.0%
3.1%

The widest gap is Technology: EWH has 19.1 points more of it.

The figures side by side

EWHIQLT
Filing dateMay 31, 2026Apr 30, 2026
Stock positions reported23279
Weight of the ten largest66.5%25.0%
Largest positionAIAI 22.9%ASML 6.0%
Held alone11 positions, 47.8%267 positions, 96.2%
Covered by stock positions88%99%

Holdings they share

StockIn EWHIn IQLTCounted
HONG KONG EXCHANGES AND CLEARING LIMITED11.19%1.16%1.16%
SUN HUNG KAI PROPERTIES LIMITED4.47%0.27%0.27%
TECHTRONIC INDUSTRIES COMPANY LIMITED4.34%0.22%0.22%
CK ASSET HOLDINGS LIMITED3.03%0.13%0.13%
CLPSCLP HOLDINGS LIMITED4.07%0.11%0.11%
POWER ASSETS HOLDINGS LIMITED2.79%0.10%0.10%
SITC INTERNATIONAL HOLDINGS CO LTD1.74%0.09%0.09%
THE HONG KONG AND CHINA GAS COMPANY LIMITED2.68%0.07%0.07%
SINO LAND COMPANY LIMITED1.58%0.06%0.06%
CK INFRASTRUCTURE HOLDINGS LIMITED1.39%0.04%0.04%

What each holds alone

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

Only in EWH

AIAIAIA Group Limited22.85%
CK HUTCHISON HOLDINGS LIMITED6.01%
BOC HONG KONG (HOLDINGS) LIMITED5.05%
WH GROUP LIMITED2.54%
JARDINE MATHESON HOLDINGS LIMITED2.31%
GALAXY ENTERTAINMENT GROUP LIMITED2.16%
MTR CORPORATION LIMITED1.73%
HONGKONG LAND HOLDINGS LIMITED1.68%
SANDS CHINA LTD.1.36%
SWIRE PACIFIC LIMITED1.16%

Only in IQLT

ASMLASML Holding N.V.6.04%
SHELSHELL PLC2.55%
ALLIANZ SE2.49%
ROCHE HOLDING AG2.27%
NVSNovartis AG2.25%
ABB LTD2.21%
AZNASTRAZENECA PLC2.02%
NESTLE S.A.1.99%
ZURICH INSURANCE GROUP AG1.61%
ADVANTEST CORPORATION1.55%

Questions people ask

Is EWH the same as IQLT?

2.3% of their weight sits in the same 12 holdings. EWH also reports AIAI, CK HUTCHISON HOLDINGS LIMITED, BOC HONG KONG (HOLDINGS) LIMITED, which the other does not. IQLT also reports ASML, SHEL, ALLIANZ SE, which the other does not.

How is the overlap between EWH and IQLT measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 88% of EWH and 99% of IQLT, so the number cannot exceed the smaller coverage.

Which holds more, IQLT or EWH?

EWH reports 23 stock positions and IQLT reports 279. 47.8% of EWH's weight sits in names IQLT does not hold, and 96.2% of IQLT's weight in names EWH does not hold. The ten largest positions are 66.5% of EWH and 25.0% of IQLT.

How do EWH and IQLT differ by sector?

The widest gap is Technology: EWH has 19.1 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.