EMXC vs SHLD: Holdings Overlap
EMXCiShares MSCI Emerging Markets ex China ETF
iShares · 663 holdings · $23.8B · as of 2026-05-31
Global X · 48 holdings · $7.6B · as of 2026-05-31
How similar are EMXC and SHLD?
iShares MSCI Emerging Markets ex China ETF (EMXC, by iShares) holds 663 positions; Global X Defense Tech ETF (SHLD, by Global X) holds 48. They have 5 holdings in common, and by portfolio weight the two funds are 0.6% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 5EMXC holds 663 · SHLD holds 48
- Weight in Shared Holdings
- EMXC 1%·SHLD 8%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
658 of 663 positions (99.3% of the fund) are not held by SHLD. Showing the top 30 by weight.
Sector Breakdown
| Sector | EMXC | SHLD |
|---|---|---|
| Industrials | 3.0% | 82.5% |
| Information Technology | 49.6% | 8.0% |
| Financials | 12.0% | 0.0% |
| Materials | 3.6% | 0.0% |
| Consumer Discretionary | 3.2% | 0.0% |
| Other Sectors | 8.7% | 0.0% |
| Unclassified | 19.8% | 9.1% |
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, 9% of SHLD).
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% |
| SHLD | +8.2% | +6.9% | +11.2% | — | — | — | 0.61% |
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 SHLD →
Shared Holdings(5)
The top 5 shared positions account for 99% of the overlap, led by 012450, ASELS and 047810.
 012450Hanwha Aerospace Co Ltd | 0.26% | 4.40% | 0.26% |
|---|---|---|---|
 ASELSAselsan Elektronik Sanayi Ve Ticaret AS | 0.10% | 0.62% | 0.10% |
 047810Korea Aerospace Industries Ltd | 0.08% | 1.34% | 0.08% |
 079550LIG Defense&Aerospace Co Ltd | 0.07% | 1.11% | 0.07% |
 272210Hanwha Systems Co Ltd | 0.05% | 0.88% | 0.05% |
Frequently Asked Questions
How much do EMXC and SHLD overlap?
EMXC and SHLD overlap by 0.6% of portfolio weight. They share 5 holdings (EMXC holds 663 positions and SHLD holds 48), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EMXC and SHLD?
The two portfolios are 0.6% 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 SHLD?
The largest positions held by both funds are 012450, ASELS, 047810, 079550 and 272210. Together the top 5 shared positions account for 99% of the total overlap.
What does EMXC own that SHLD doesn't?
658 positions (99.3% of EMXC) are unique to EMXC, led by TSMWF, 005930 and 000660. In the other direction, 43 positions (91.3% of SHLD) are unique to SHLD.