EPI vs IEMG: Holdings Overlap
EPIWisdomTree India Earnings Fund
WisdomTree · 568 holdings · $2.0B · as of 2026-03-31
IEMGiShares Core MSCI Emerging Markets ETF
iShares · 2697 holdings · $156.6B · as of 2026-05-31
Holdings snapshots are 61 days apart (EPI: 2026-03-31, 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 EPI and IEMG?
WisdomTree India Earnings Fund (EPI, by WisdomTree) holds 568 positions; iShares Core MSCI Emerging Markets ETF (IEMG, by iShares) holds 2697. They have 387 holdings in common, and by portfolio weight the two funds are 10.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 387EPI holds 568 · IEMG holds 2697
- Weight in Shared Holdings
- EPI 96%·IEMG 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 EPI
181 of 568 positions (5.3% of the fund) are not held by IEMG. Showing the top 30 by weight.
- Indian Bank INR100.42%
- General Insurance Corp Of India INR50.25%
SAILSteel Authority of India Ltd. INR100.23%
- Life Insurance Corp. Of India INR100.21%
HZHindustan Zinc Ltd. INR20.17%
- Bank of India Ltd. INR100.16%
Only in IEMG
2310 of 2697 positions (89.3% of the fund) are not held by EPI. Showing the top 30 by weight.
Sector Breakdown
| Sector | EPI | IEMG |
|---|---|---|
| Information Technology | 7.3% | 36.2% |
| Financials | 17.8% | 11.0% |
| Energy | 17.1% | 2.3% |
| Materials | 9.9% | 2.9% |
| Utilities | 6.5% | 0.8% |
| Other Sectors | 16.4% | 15.9% |
| Unclassified | 26.7% | 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 (26% of EPI, 31% of IEMG).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EPI | +2.5% | -5.6% | -2.0% | +6.8% | +6.0% | +8.7% | — |
| 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 EPI vs IEMG →
Shared Holdings(387)
The top 10 shared positions account for 31% of the overlap, led by HDFCB, RELIANCE and ICICIBC.
 HDFCBHDFC Bank Ltd. INR1 | 5.05% | 0.61% | 0.61% |
|---|---|---|---|
 RELIANCEReliance Industries Ltd. INR10(100%DEMAT) | 7.52% | 0.58% | 0.58% |
 ICICIBCICICI Bank Ltd. INR2 | 5.19% | 0.48% | 0.48% |
 BHARTIBharti Airtel Ltd. INR5 | 1.47% | 0.34% | 0.34% |
 INFOInfosys Ltd. INR5 | 3.43% | 0.27% | 0.27% |
 AXSBAxis Bank Ltd. INR2 | 1.57% | 0.21% | 0.21% |
 MMMahindra & Mahindra Ltd. INR5 | 1.58% | 0.20% | 0.20% |
 LTLarsen & Toubro Ltd. INR2 | 1.21% | 0.20% | 0.20% |
 KMBKotak Mahindra Bank Ltd. INR1(POST SUBD) | 1.33% | 0.15% | 0.15% |
 TCSTata Consultancy Services Ltd. INR1 | 1.39% | 0.15% | 0.15% |
 SBINState Bank of India INR1 | 3.14% | 0.13% | 0.13% |
 HUVRHindustan Unilever Ltd. INR1 | 0.62% | 0.13% | 0.13% |
 SUNPSun Pharmaceutical Industries Ltd. INR1(DEMAT) | 1.15% | 0.12% | 0.12% |
 NTPCNTPC Ltd. INR10 | 2.49% | 0.12% | 0.12% |
 MSILMaruti Suzuki India Ltd. INR5 | 0.84% | 0.12% | 0.12% |
 TATATata Steel Ltd. INR1.00(POST SUBDIVISION) | 1.73% | 0.11% | 0.11% |
 BHEBharat Electronics Ltd. INR1 | 0.80% | 0.11% | 0.11% |
 HNDLHindalco Industries Ltd. INR1 | 2.39% | 0.11% | 0.11% |
 TTANTitan Co Ltd. INR1 | 0.35% | 0.10% | 0.10% |
 UTCEMUltratech Cement Ltd. INR10 | 0.49% | 0.10% | 0.10% |
 PWGRPower Grid Corporation of India Ltd. INR10 | 2.28% | 0.10% | 0.10% |
 HCLTHCL Technologies Ltd. INR2 | 1.13% | 0.08% | 0.08% |
 APNTAsian Paints Ltd. INR1 | 0.27% | 0.07% | 0.07% |
 EIMEicher Motors Ltd. INR1 | 0.61% | 0.07% | 0.07% |
 ADSEZAdani Ports And Special Economic Zone Ltd. LIMITED | 0.56% | 0.07% | 0.07% |
Showing the top 250 of 387 shared holdings by overlap weight.
Frequently Asked Questions
How much do EPI and IEMG overlap?
EPI and IEMG overlap by 10.2% of portfolio weight. They share 387 holdings (EPI holds 568 positions and IEMG holds 2697), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EPI and IEMG?
The two portfolios are 10.2% 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 EPI and IEMG?
The largest positions held by both funds are HDFCB, RELIANCE, ICICIBC, BHARTI and INFO. Together the top 10 shared positions account for 31% of the total overlap.
What does EPI own that IEMG doesn't?
181 positions (5.3% of EPI) are unique to EPI, led by Indian Bank INR10, General Insurance Corp Of India INR5 and SAIL. In the other direction, 2310 positions (89.3% of IEMG) are unique to IEMG.