CQQQ vs IEMG: Holdings Overlap
CQQQInvesco China Technology ETF
Invesco · 173 holdings · $3.2B · as of 2026-04-30
IEMGiShares Core MSCI Emerging Markets ETF
iShares · 2697 holdings · $156.6B · as of 2026-05-31
Holdings snapshots are 31 days apart (CQQQ: 2026-04-30, IEMG: 2026-05-31). 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 CQQQ and IEMG?
Invesco China Technology ETF (CQQQ, by Invesco) holds 173 positions; iShares Core MSCI Emerging Markets ETF (IEMG, by iShares) holds 2697. They have 80 holdings in common, and by portfolio weight the two funds are 4.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 80CQQQ holds 173 · IEMG holds 2697
- Weight in Shared Holdings
- CQQQ 85%·IEMG 5%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 CQQQ
93 of 173 positions (14.7% of the fund) are not held by IEMG. Showing the top 30 by weight.
2577InnoScience (Suzhou) Technology Holding Co., Ltd.0.85%
FUDShanghai Fudan Microelectronics Group Co. Ltd., H Shares0.50%
688498Yuanjie Semiconductor Technology Co., Ltd.0.49%
688525Biwin Storage Technology Co., Ltd.0.45%
300857Sharetronic Data Technology Co., Ltd.0.45%
001309Shenzhen Techwinsemi Technology Co., Ltd., A Shares0.44%
Only in IEMG
2617 of 2697 positions (95.2% of the fund) are not held by CQQQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | CQQQ | IEMG |
|---|---|---|
| Information Technology | 28.3% | 36.2% |
| Communication Services | 23.3% | 4.6% |
| Consumer Discretionary | 17.1% | 6.0% |
| Financials | 0.0% | 11.0% |
| Materials | 0.0% | 2.9% |
| Other Sectors | 0.0% | 8.4% |
| Unclassified | 31.3% | 30.7% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (31% of CQQQ, 31% of IEMG).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| CQQQ | -1.6% | +2.1% | +13.8% | +8.9% | -4.9% | +4.7% | 2.12% |
| IEMG | +0.3% | +19.9% | +33.4% | +20.1% | +7.8% | +9.0% | 2.25% |
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 CQQQ vs IEMG →
Shared Holdings(80)
The top 10 shared positions account for 83% of the overlap, led by 700, PDD and 3690.
 700Tencent Holdings Ltd. | 8.41% | 2.37% | 2.37% |
|---|---|---|---|
 PDDPDD Holdings Inc. SPONSORED ADS | 8.48% | 0.41% | 0.41% |
 3690Meituan, B Shares | 8.59% | 0.33% | 0.33% |
 9888Baidu, Inc., A Shares | 6.85% | 0.26% | 0.26% |
 1347Hua Hong Semiconductor Ltd. | 3.63% | 0.11% | 0.11% |
 1024Kuaishou Technology | 4.28% | 0.10% | 0.10% |
 2382Sunny Optical Technology (Group) Co. Ltd. | 1.91% | 0.05% | 0.05% |
 688256Cambricon Technologies Corp. Ltd. | 2.59% | 0.05% | 0.05% |
 1888Kingboard Laminates Holdings Ltd. | 1.45% | 0.05% | 0.05% |
 20SenseTime Group Inc., B Shares | 2.58% | 0.04% | 0.04% |
 688041Hygon Information Technology Co., Ltd., A Shares | 2.50% | 0.04% | 0.04% |
 TMETencent Music Entertainment Group, ADR | 1.58% | 0.04% | 0.04% |
 9698GDS Holdings Ltd., A Shares | 1.52% | 0.03% | 0.03% |
 9626Bilibili Inc., Z Shares | 2.20% | 0.03% | 0.03% |
 002371NAURA Technology Group Co., Ltd., A Shares | 1.39% | 0.03% | 0.03% |
 600183Shengyi Technology Co., Ltd., A Shares | 0.67% | 0.03% | 0.03% |
 9660Horizon Robotics | 2.98% | 0.02% | 0.02% |
 300408Chaozhou Three-Circle (Group) Co., Ltd., A Shares | 0.59% | 0.02% | 0.02% |
 300476Victory Giant Technology (HuiZhou) Co., Ltd. | 1.03% | 0.02% | 0.02% |
 603986GigaDevice Semiconductor Inc., A Shares | 0.75% | 0.02% | 0.02% |
 002463WUS Printed Circuit (Kunshan) Co., Ltd., A Shares | 0.71% | 0.02% | 0.02% |
 268Kingdee International Software Group Co. Ltd. | 1.10% | 0.02% | 0.02% |
 688008Montage Technology Co., Ltd., A Shares | 0.72% | 0.02% | 0.02% |
 002916Shennan Circuits Co., Ltd., A Shares | 0.75% | 0.02% | 0.02% |
 3888Kingsoft Corp. Ltd. | 1.03% | 0.02% | 0.02% |
Frequently Asked Questions
How much do CQQQ and IEMG overlap?
CQQQ and IEMG overlap by 4.5% of portfolio weight. They share 80 holdings (CQQQ holds 173 positions and IEMG holds 2697), based on each fund's latest SEC-reported holdings.
Is it redundant to own both CQQQ and IEMG?
The two portfolios are 4.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of CQQQ and IEMG?
The largest positions held by both funds are 700, PDD, 3690, 9888 and 1347. Together the top 10 shared positions account for 83% of the total overlap.
What does CQQQ own that IEMG doesn't?
93 positions (14.7% of CQQQ) are unique to CQQQ, led by 2577, FUD and 688498. In the other direction, 2617 positions (95.2% of IEMG) are unique to IEMG.