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

EWY and IEMG share 18.1% of their weight across 73 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.

EWY and IEMG

18.1%

73 shared positions

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

IEMG

iShares Core MSCI Emerging Markets ETF

Reported positions cover 97% of the fund, 2,599 positions · Aug 31, 2026

Top 10: 33.3%·Holdings of IEMG

Reported positions cover EWY 98%, 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 EWY side by side

EWYiShares MSCI South Korea ETF

74

stock positions reported to the SEC

0.2% of its weight is in 1 names IEMG does not hold

IEMGiShares Core MSCI Emerging Markets ETF

2,599

stock positions reported to the SEC

78.9% of its weight is in 2,526 names EWY does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
21.3%
22.4%
Financial Services
4.7%
3.8%
Consumer Cyclical
0.0%
1.4%
Basic Materials
0.9%
1.4%
Communication Services
1.2%
0.0%
Healthcare
0.7%
0.0%

The widest gap is Consumer Cyclical: IEMG has 1.4 points more of it.

The figures side by side

EWYIEMG
Filing dateAug 31, 2026Aug 31, 2026
Stock positions reported742,599
Weight of the ten largest58.8%33.3%
Largest positionSAMSUNG ELECTRONICS CO., LTD. 22.2%TSM 13.2%
Held alone1 positions, 0.2%2,526 positions, 78.9%
Covered by stock positions98%97%

Holdings they share

StockIn EWYIn IEMGCounted
SAMSUNG ELECTRONICS CO., LTD.22.21%7.05%7.05%
SKHYSK hynix Inc.20.96%4.76%4.76%
SK SQUARE CO., LTD.3.17%0.49%0.49%
SAMSUNG ELECTRO-MECHANICS CO.,LTD2.96%0.42%0.42%
KBKB Financial Group Inc.2.10%0.31%0.31%
HYUNDAI MOTOR COMPANY1.74%0.28%0.28%
SHGShinhan Financial Group Co., Ltd.1.66%0.24%0.24%
DOOSAN ENERBILITY CO., LTD.1.29%0.19%0.19%
HANA FINANCIAL GROUP INCHana Financial Group Inc.1.43%0.19%0.19%
HANWHA AEROSPACE CO., LTD.1.32%0.19%0.19%

What each holds alone

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

Only in EWY

POSCO INTERNATIONAL CORPPOSCO INTERNATIONAL CORPORATION0.24%

Only in IEMG

TSMTaiwan Semiconductor Manufacturing Company Limited13.17%
TENCENT HOLDINGS LIMITED2.52%
BABAAlibaba Group Holding Limited1.70%
MEDIATEK INC.1.27%
DELTA ELECTRONICS, INC.0.80%
CHINA CONSTRUCTION BANK CORPORATION0.74%
HON HAI PRECISION INDUSTRY CO., LTD.0.68%
HDBHDFC BANK LIMITED0.60%
RSRELIANCE POWER LIMITED0.58%
IBNICICI BANK LIMITED0.56%

Questions people ask

Is EWY the same as IEMG?

18.1% of their weight sits in the same 73 holdings. EWY also reports POSCO INTERNATIONAL CORP, which the other does not. IEMG also reports TSM, TENCENT HOLDINGS LIMITED, BABA, which the other does not.

How is the overlap between EWY 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 98% of EWY and 97% of IEMG, so the number cannot exceed the smaller coverage.

Which holds more, IEMG or EWY?

EWY reports 74 stock positions and IEMG reports 2,599. 0.2% of EWY's weight sits in names IEMG does not hold, and 78.9% of IEMG's weight in names EWY does not hold. The ten largest positions are 58.8% of EWY and 33.3% of IEMG.

How do EWY and IEMG differ by sector?

The widest gap is Consumer Cyclical: IEMG has 1.4 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.