INDA vs VWO overlap - what they share and where they differ
INDA and VWO share 13.4% of their weight across 158 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.
INDA and VWO
13.4%
158 shared positions
INDA
iShares MSCI India ETF
Reported positions cover 99% of the fund, 164 positions · Aug 31, 2026
Top 10: 34.2%·Holdings of INDA
VWO
VANGUARD EMERGING MARKETS STOCK INDEX FUND
Reported positions cover 98% of the fund, 4,548 positions · Jul 31, 2026
Top 10: 27.5%·Holdings of VWO
Reported positions cover INDA 99%, VWO 98% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
VWO vs INDA side by side
INDAiShares MSCI India ETF
164
stock positions reported to the SEC
2.4% of its weight is in 6 names VWO does not hold
VWOVANGUARD EMERGING MARKETS STOCK INDEX FUND
4,548
stock positions reported to the SEC
84.4% of its weight is in 4,390 names INDA does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: VWO has 16.9 points more of it.
The figures side by side
| INDA | VWO | |
|---|---|---|
| Filing date | Aug 31, 2026 | Jul 31, 2026 |
| Stock positions reported | 164 | 4,548 |
| Weight of the ten largest | 34.2% | 27.5% |
| Largest position | HDB 5.9% | TSM 15.6% |
| Held alone | 6 positions, 2.4% | 4,390 positions, 84.4% |
| Covered by stock positions | 99% | 98% |
Holdings they share
| Stock | In INDA | In VWO | Counted |
|---|---|---|---|
| RSRELIANCE INDUSTRIES LIMITED | 5.85% | 0.81% | 0.81% |
| HDBHDFC BANK LIMITED | 5.92% | 0.78% | 0.78% |
| IBNICICI BANK LIMITED | 5.64% | 0.69% | 0.69% |
| SUGPTHE SUPREME INDUSTRIES LIMITED | 2.10% | 0.61% | 0.61% |
| BHARTI AIRTEL LIMITED | 3.73% | 0.55% | 0.55% |
| INFYINFOSYS LIMITED | 2.60% | 0.35% | 0.35% |
| INTRINTERGLOBE AVIATION LIMITED | 0.75% | 0.32% | 0.32% |
| MAHINDRA AND MAHINDRA LIMITED | 2.15% | 0.29% | 0.29% |
| BAJAJ FINANCE LIMITED | 1.98% | 0.28% | 0.28% |
| AXIS BANK LIMITED | 2.18% | 0.26% | 0.26% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in INDA
Only in VWO
Questions people ask
Is INDA the same as VWO?
13.4% of their weight sits in the same 158 holdings. INDA also reports TATA MOTORS LIMITED, ETERNAL LTD, CIPLA LIMITED, which the other does not. VWO also reports TSM, TENCENT HOLDINGS LIMITED, BABA, which the other does not.
How is the overlap between INDA and VWO measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 99% of INDA and 98% of VWO, so the number cannot exceed the smaller coverage.
Which holds more, VWO or INDA?
INDA reports 164 stock positions and VWO reports 4,548. 2.4% of INDA's weight sits in names VWO does not hold, and 84.4% of VWO's weight in names INDA does not hold. The ten largest positions are 34.2% of INDA and 27.5% of VWO.
How do INDA and VWO differ by sector?
The widest gap is Technology: VWO has 16.9 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.