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

FLIN and IEMG share 10.8% of their weight across 223 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.

FLIN and IEMG

10.8%

223 shared positions

FLIN

Franklin FTSE India ETF

Reported positions cover 100% of the fund, 274 positions · Jun 30, 2026

Top 10: 30.8%·Holdings of FLIN

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 FLIN 100%, 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 FLIN side by side

FLINFranklin FTSE India ETF

274

stock positions reported to the SEC

6.6% of its weight is in 51 names IEMG does not hold

IEMGiShares Core MSCI Emerging Markets ETF

2,599

stock positions reported to the SEC

86.2% of its weight is in 2,376 names FLIN does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
4.9%
22.4%
Financial Services
11.1%
3.8%
Consumer Cyclical
5.8%
1.4%
Basic Materials
0.0%
1.4%
Industrials
1.0%
0.0%
Energy
0.0%
0.6%

The widest gap is Technology: IEMG has 17.5 points more of it.

The figures side by side

FLINIEMG
Filing dateJun 30, 2026Aug 31, 2026
Stock positions reported2742,599
Weight of the ten largest30.8%33.3%
Largest positionHDB 5.7%TSM 13.2%
Held alone51 positions, 6.6%2,376 positions, 86.2%
Covered by stock positions100%97%

Holdings they share

StockIn FLINIn IEMGCounted
HDBHDFC BANK LTD5.74%0.60%0.60%
RSRELIANCE INDUSTRIES LTD5.49%0.58%0.58%
IBNICICI BANK LTD4.61%0.56%0.56%
SUGPSUN TV NETWORK LTD2.01%0.42%0.42%
BHARTI AIRTEL LIMITEDBHARTI AIRTEL LTD3.55%0.37%0.37%
INFYINFOSYS LTD2.15%0.26%0.26%
INTRINTERGLOBE AVIATION LTD0.64%0.24%0.24%
AXIS BANK LIMITEDAXIS BANK LTD1.95%0.22%0.22%
MAHINDRA AND MAHINDRA LIMITEDMAHINDRA & MAHINDRA LTD1.80%0.22%0.22%
BAJAJ FINANCE LIMITEDBAJAJ FINANCE LTD1.73%0.20%0.20%

What each holds alone

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

Only in FLIN

ASIAN PAINT LTD0.75%
APOLLO HOSPITALS ENTERPRISES LTD0.56%
TORRENT PHARMACEUTICAL LTD0.31%
ADANI GREEN ENERGY LTD0.28%
FSN E-COMMERCE VENTURES PRIVATE LTD0.25%
ABB LTD (IN)0.24%
EMBASSY OFFICE PARKS REIT0.24%
BANK OF BARODA0.18%
HYUNDAI MOTOR INDIA LTD0.17%
HINDUSTAN ZINC LTD0.16%

Only in IEMG

TSMTaiwan Semiconductor Manufacturing Company Limited13.17%
SAMSUNG ELECTRONICS CO., LTD.7.05%
SKHYSK hynix Inc.4.76%
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%
PBRPetroleo Brasileiro S.A. (Petrobras)0.53%

Questions people ask

Is FLIN the same as IEMG?

10.8% of their weight sits in the same 223 holdings. FLIN also reports ASIAN PAINT LTD, APOLLO HOSPITALS ENTERPRISES LTD, TORRENT PHARMACEUTICAL LTD, which the other does not. IEMG also reports TSM, SAMSUNG ELECTRONICS CO., LTD., SKHY, which the other does not.

How is the overlap between FLIN 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 100% of FLIN and 97% of IEMG, so the number cannot exceed the smaller coverage.

Which holds more, IEMG or FLIN?

FLIN reports 274 stock positions and IEMG reports 2,599. 6.6% of FLIN's weight sits in names IEMG does not hold, and 86.2% of IEMG's weight in names FLIN does not hold. The ten largest positions are 30.8% of FLIN and 33.3% of IEMG.

How do FLIN and IEMG differ by sector?

The widest gap is Technology: IEMG has 17.5 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.