AGG vs EMB: Holdings Overlap
AGGiShares Core U.S. Aggregate Bond ETF
iShares · 13266 holdings · $137.7B · as of 2026-05-31
EMBiShares J.P. Morgan USD Emerging Markets Bond ETF
iShares · 675 holdings · $14.7B · as of 2026-04-30
Holdings snapshots are 31 days apart (AGG: 2026-05-31, EMB: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are AGG and EMB?
iShares Core U.S. Aggregate Bond ETF (AGG, by iShares) holds 13266 positions; iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB, by iShares) holds 675. They have 151 holdings in common, and by portfolio weight the two funds are 0.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 151AGG holds 13266 · EMB holds 675
- Weight in Shared Holdings
- AGG 1%·EMB 21%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in AGG
13115 of 13266 positions (97.7% of the fund) are not held by EMB. Showing the top 30 by weight.
- U.S. Treasury Notes0.42%
- U.S. Treasury Notes0.41%
- U.S. Treasury Notes0.41%
- U.S. Treasury Notes0.40%
- U.S. Treasury Notes0.40%
- U.S. Treasury Notes0.39%
Only in EMB
524 of 675 positions (76.8% of the fund) are not held by AGG. Showing the top 30 by weight.
- Argentina Republic Government International Bonds1.10%
- Ecuador Government International Bonds0.77%
- Argentina Republic Government International Bonds0.71%
- Argentina Republic Government International Bonds0.63%
- Ghana Government International Bonds0.52%
- Argentina Republic Government International Bonds0.52%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| AGG | -0.3% | +0.0% | +2.4% | +4.2% | -0.2% | +1.4% | 4.04% |
| EMB | -0.3% | +2.0% | +7.3% | +9.0% | +1.8% | +2.9% | 5.12% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in AGG vs EMB →
Shared Holdings(151)
The top 10 shared positions account for 14% of the overlap, led by Mexico Government International Bond, Mexico Government International Bonds and Uruguay Government International Bonds.
| Mexico Government International Bond | 0.01% | 0.17% | 0.01% |
|---|---|---|---|
| Mexico Government International Bonds | 0.01% | 0.17% | 0.01% |
| Uruguay Government International Bonds | 0.01% | 0.51% | 0.01% |
| Republic of Poland Government International Bonds | 0.01% | 0.32% | 0.01% |
| Mexico Government International Bonds | 0.01% | 0.11% | 0.01% |
| Republic of Poland Government International Bonds | 0.01% | 0.36% | 0.01% |
| Mexico Government International Bonds | 0.01% | 0.13% | 0.01% |
| Mexico Government International Bonds | 0.01% | 0.11% | 0.01% |
| Peru Government International Bonds | 0.01% | 0.31% | 0.01% |
| Republic of Poland Government International Bonds | 0.01% | 0.33% | 0.01% |
| Mexico Government International Bonds | 0.01% | 0.12% | 0.01% |
| Mexico Government International Bonds | 0.01% | 0.10% | 0.01% |
| Peru Government International Bonds | 0.01% | 0.32% | 0.01% |
| Republic of Poland Government International Bonds | 0.01% | 0.28% | 0.01% |
| Mexico Government International Bonds | 0.01% | 0.12% | 0.01% |
| Mexico Government International Bonds | 0.01% | 0.12% | 0.01% |
| Mexico Government International Bonds | 0.01% | 0.11% | 0.01% |
| Panama Government International Bonds | 0.01% | 0.31% | 0.01% |
| Uruguay Government International Bonds | 0.01% | 0.26% | 0.01% |
| Uruguay Government International Bonds | 0.01% | 0.32% | 0.01% |
| Republic of Poland Government International Bonds | 0.01% | 0.30% | 0.01% |
| Panama Government International Bonds | 0.01% | 0.25% | 0.01% |
| Mexico Government International Bonds | 0.01% | 0.12% | 0.01% |
| Mexico Government International Bonds | 0.01% | 0.11% | 0.01% |
| Chile Government International Bonds | 0.01% | 0.16% | 0.01% |
Frequently Asked Questions
How much do AGG and EMB overlap?
AGG and EMB overlap by 0.8% of portfolio weight. They share 151 holdings (AGG holds 13266 positions and EMB holds 675), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AGG and EMB?
The two portfolios are 0.8% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of AGG and EMB?
The largest positions held by both funds are Mexico Government International Bond, Mexico Government International Bonds, Uruguay Government International Bonds, Republic of Poland Government International Bonds and Mexico Government International Bonds. Together the top 10 shared positions account for 14% of the total overlap.
What does AGG own that EMB doesn't?
13115 positions (97.7% of AGG) are unique to AGG, led by U.S. Treasury Notes, U.S. Treasury Notes and U.S. Treasury Notes. In the other direction, 524 positions (76.8% of EMB) are unique to EMB.