EEMV vs VWO: Holdings Overlap
EEMViShares MSCI Emerging Markets Min Vol Factor ETF
iShares · 334 holdings · $3.5B · as of 2026-05-31
VWOVanguard Emerging Markets Stock Index Fund
Vanguard · 5015 holdings · $124.9B · as of 2026-04-30
Holdings snapshots are 31 days apart (EEMV: 2026-05-31, VWO: 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 EEMV and VWO?
iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV, by iShares) holds 334 positions; Vanguard Emerging Markets Stock Index Fund (VWO, by Vanguard) holds 5015. They have 269 holdings in common, and by portfolio weight the two funds are 22.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 22.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 269EEMV holds 334 · VWO holds 5015
- Weight in Shared Holdings
- EEMV 78%·VWO 43%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 EEMV
65 of 334 positions (20.8% of the fund) are not held by VWO. Showing the top 30 by weight.
Only in VWO
4746 of 5015 positions (56.0% of the fund) are not held by EEMV. Showing the top 30 by weight.
Sector Breakdown
| Sector | EEMV | VWO |
|---|---|---|
| Information Technology | 29.8% | 23.7% |
| Financials | 15.5% | 12.6% |
| Communication Services | 9.1% | 5.7% |
| Consumer Discretionary | 2.2% | 7.0% |
| Consumer Staples | 4.4% | 1.7% |
| Other Sectors | 15.0% | 11.2% |
| Unclassified | 23.2% | 37.4% |
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 (23% of EEMV, 38% of VWO).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EEMV | +1.1% | +16.2% | +20.0% | +13.2% | +6.2% | +5.9% | 2.20% |
| VWO | +2.7% | +12.6% | +22.3% | +16.6% | +6.6% | +7.9% | 2.29% |
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 EEMV vs VWO →
Shared Holdings(269)
The top 10 shared positions account for 30% of the overlap, led by TSMWF, 2308 and C6T.
 TSMWFTaiwan Semiconductor Manufacturing Co Ltd | 1.66% | 14.61% | 1.66% |
|---|---|---|---|
 2308Delta Electronics Inc | 2.60% | 1.17% | 1.17% |
 C6TChina Construction Bank Corp | 0.78% | 0.85% | 0.78% |
 ICKIndustrial & Commercial Bank of China Ltd | 1.17% | 0.62% | 0.62% |
 BHARTIBharti Airtel Ltd | 1.07% | 0.51% | 0.51% |
 RJHISARAl Rajhi Bank | 0.64% | 0.47% | 0.47% |
 3711ASE Technology Holding Co Ltd | 0.63% | 0.44% | 0.44% |
 2454MediaTek Inc | 0.41% | 1.06% | 0.41% |
 W8VBank of China Ltd | 1.35% | 0.38% | 0.38% |
 ARAMCSARSaudi Arabian Oil Co | 1.00% | 0.38% | 0.38% |
 INFOInfosys Ltd | 0.63% | 0.38% | 0.38% |
 RELIANCEReliance Industries Ltd | 0.37% | 0.90% | 0.37% |
 2383Elite Material Co Ltd | 0.60% | 0.37% | 0.37% |
 HDFCBHDFC Bank Ltd | 0.32% | 0.80% | 0.32% |
 KFHKWDKuwait Finance House KSCP | 0.74% | 0.29% | 0.29% |
 PC6PetroChina Co Ltd | 0.47% | 0.28% | 0.28% |
 OTPOTP Bank Nyrt | 0.32% | 0.27% | 0.27% |
 ICICIBCICICI Bank Ltd | 0.26% | 0.61% | 0.26% |
 GFIGold Fields Ltd | 0.26% | 0.33% | 0.26% |
 TCSTata Consultancy Services Ltd | 0.77% | 0.23% | 0.23% |
 2360Chroma ATE Inc | 1.31% | 0.22% | 0.22% |
 NBKKWDNational Bank of Kuwait SAKP | 0.77% | 0.21% | 0.21% |
 EK7Agricultural Bank of China Ltd | 0.95% | 0.21% | 0.21% |
 2303United Microelectronics Corp | 1.69% | 0.21% | 0.21% |
 KMBKotak Mahindra Bank Ltd | 0.27% | 0.19% | 0.19% |
Showing the top 250 of 269 shared holdings by overlap weight.
Frequently Asked Questions
How much do EEMV and VWO overlap?
EEMV and VWO overlap by 22.7% of portfolio weight. They share 269 holdings (EEMV holds 334 positions and VWO holds 5015), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EEMV and VWO?
The two portfolios are 22.7% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of EEMV and VWO?
The largest positions held by both funds are TSMWF, 2308, C6T, ICK and BHARTI. Together the top 10 shared positions account for 30% of the total overlap.
What does EEMV own that VWO doesn't?
65 positions (20.8% of EEMV) are unique to EEMV, led by 000660, 009150 and 005930. In the other direction, 4746 positions (56.0% of VWO) are unique to VWO.