EMXC vs ICLN: Holdings Overlap
EMXCiShares MSCI Emerging Markets ex China ETF
iShares · 663 holdings · $23.8B · as of 2026-05-31
ICLNiShares Global Clean Energy ETF
iShares · 123 holdings · $2.3B · as of 2026-04-30
Holdings snapshots are 31 days apart (EMXC: 2026-05-31, ICLN: 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 EMXC and ICLN?
iShares MSCI Emerging Markets ex China ETF (EMXC, by iShares) holds 663 positions; iShares Global Clean Energy ETF (ICLN, by iShares) holds 123. They have 15 holdings in common, and by portfolio weight the two funds are 0.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 15EMXC holds 663 · ICLN holds 123
- Weight in Shared Holdings
- EMXC 0%·ICLN 10%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 EMXC
648 of 663 positions (99.5% of the fund) are not held by ICLN. Showing the top 30 by weight.
Only in ICLN
108 of 123 positions (89.4% of the fund) are not held by EMXC. Showing the top 30 by weight.
Sector Breakdown
| Sector | EMXC | ICLN |
|---|---|---|
| Information Technology | 49.6% | 12.3% |
| Industrials | 3.0% | 32.4% |
| Utilities | 1.0% | 19.4% |
| Financials | 12.0% | 0.0% |
| Materials | 3.6% | 0.0% |
| Other Sectors | 10.9% | 1.3% |
| Unclassified | 19.8% | 34.0% |
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 (20% of EMXC, 34% of ICLN).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EMXC | -2.1% | +31.1% | +51.2% | +24.8% | +11.5% | — | 2.03% |
| ICLN | -5.3% | +11.7% | +34.9% | +4.0% | -3.1% | +8.9% | 1.01% |
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 EMXC vs ICLN →
Shared Holdings(15)
The top 10 shared positions account for 95% of the overlap, led by EQTL3, SUEL and ENGI11.
 EQTL3Equatorial SA COM NPV | 0.09% | 2.88% | 0.09% |
|---|---|---|---|
 SUELSuzlon Energy Ltd. INR2.00 | 0.06% | 2.37% | 0.06% |
 ENGI11Energisa S.A. UNITS (1 COM & 4 PRF) | 0.03% | 1.34% | 0.03% |
 WAAREEENWaaree Energies Ltd. INR10 | 0.03% | 0.78% | 0.03% |
 NHPCNHPC Ltd. INR10 | 0.02% | 0.65% | 0.02% |
 CPFE3CPFL Energia SA COM NPV | 0.02% | 0.86% | 0.02% |
 EGIE3Engie Brasil Energia SA COM NPV | 0.02% | 0.62% | 0.02% |
 BRENBarito Renewables Energy Tbk PT | 0.01% | 0.43% | 0.01% |
| TURKISH LIRA | 0.01% | 0.01% | 0.01% |
| KOREAN WON | 0.02% | 0.01% | 0.01% |
| Euro | 0.00% | 0.02% | 0.00% |
| BRAZIALIAN REAL | 0.00% | 0.00% | 0.00% |
| NEW TAIWAN DOLLAR | 0.01% | 0.00% | 0.00% |
| CHILEAN PESO | 0.01% | 0.00% | 0.00% |
| INDONESIAN RUPIAH | 0.06% | 0.00% | 0.00% |
Frequently Asked Questions
How much do EMXC and ICLN overlap?
EMXC and ICLN overlap by 0.3% of portfolio weight. They share 15 holdings (EMXC holds 663 positions and ICLN holds 123), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EMXC and ICLN?
The two portfolios are 0.3% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of EMXC and ICLN?
The largest positions held by both funds are EQTL3, SUEL, ENGI11, WAAREEEN and NHPC. Together the top 10 shared positions account for 95% of the total overlap.
What does EMXC own that ICLN doesn't?
648 positions (99.5% of EMXC) are unique to EMXC, led by TSMWF, 005930 and 000660. In the other direction, 108 positions (89.4% of ICLN) are unique to ICLN.