ESGE vs IEMG: Holdings Overlap
ESGEiShares ESG Aware MSCI EM ETF
iShares · 307 holdings · $6.8B · as of 2026-05-31
IEMGiShares Core MSCI Emerging Markets ETF
iShares · 2697 holdings · $156.6B · as of 2026-05-31
How similar are ESGE and IEMG?
iShares ESG Aware MSCI EM ETF (ESGE, by iShares) holds 307 positions; iShares Core MSCI Emerging Markets ETF (IEMG, by iShares) holds 2697. They have 303 holdings in common, and by portfolio weight the two funds are 57.8% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 57.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 303ESGE holds 307 · IEMG holds 2697
- Weight in Shared Holdings
- ESGE 99%·IEMG 61%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 ESGE
4 of 307 positions (0.2% of the fund) are not held by IEMG.
- MAHINDRA MAHINDRA LTD0.12%
- MALAYSIAN RINGITT0.08%
- BRAZIALIAN REAL0.01%
- SAUDI ARABIAN RYAL0.01%
Sector Breakdown
| Sector | ESGE | IEMG |
|---|---|---|
| Information Technology | 41.7% | 36.2% |
| Financials | 14.8% | 11.0% |
| Communication Services | 6.5% | 4.6% |
| Consumer Discretionary | 5.8% | 6.0% |
| Materials | 2.0% | 2.9% |
| Other Sectors | 6.1% | 8.4% |
| Unclassified | 22.1% | 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 (22% of ESGE, 31% of IEMG).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ESGE | +0.1% | +20.1% | +34.1% | +20.5% | +7.1% | +9.1% | 2.15% |
| 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 ESGE vs IEMG →
Shared Holdings(303)
The top 10 shared positions account for 56% of the overlap, led by TSMWF, 005930 and 000660.
 TSMWFTaiwan Semiconductor Manufacturing Co. Ltd. | 14.90% | 12.49% | 12.49% |
|---|---|---|---|
 005930Samsung Electronics Co. Ltd. | 8.54% | 6.80% | 6.80% |
 000660SK hynix Inc | 4.62% | 5.82% | 4.62% |
 700Tencent Holdings Ltd. | 2.64% | 2.37% | 2.37% |
 9988Alibaba Group Holding Ltd | 1.96% | 1.82% | 1.82% |
 2454MediaTek Inc | 1.50% | 1.42% | 1.42% |
 2308Delta Electronics Inc | 1.43% | 1.02% | 1.02% |
 005935Samsung Electronics Co Ltd | 1.23% | 0.74% | 0.74% |
 C6TChina Construction Bank Corp | 1.21% | 0.71% | 0.71% |
 HNHAFHon Hai Precision Industry Co Ltd | 0.63% | 0.79% | 0.63% |
 HDFCBHDFC Bank Ltd. | 0.86% | 0.61% | 0.61% |
 RELIANCEReliance Industries Ltd | 0.66% | 0.58% | 0.58% |
 009150Samsung Electro-Mechanics Co Ltd | 0.98% | 0.54% | 0.54% |
 402340SK Square Co Ltd | 0.81% | 0.53% | 0.53% |
 3711ASE Technology Holding Co Ltd | 0.56% | 0.44% | 0.44% |
 1810Xiaomi Corp | 0.49% | 0.42% | 0.42% |
 ICICIBCICICI Bank Ltd | 0.40% | 0.48% | 0.40% |
 ICKIndustrial & Commercial Bank of China Ltd | 0.41% | 0.38% | 0.38% |
 RJHISARAl Rajhi Bank | 0.80% | 0.36% | 0.36% |
 2318RUBPing An Insurance Group Co of China Ltd | 0.63% | 0.35% | 0.35% |
 2303United Microelectronics Corp | 0.80% | 0.35% | 0.35% |
 3690Meituan, B Shares | 0.36% | 0.33% | 0.33% |
 AUAnglogold Ashanti PLC COM SHS | 0.43% | 0.33% | 0.33% |
 1211RUBBYD Co Ltd. 'H'CNY1 | 0.49% | 0.29% | 0.29% |
 9999NetEase Inc | 0.43% | 0.29% | 0.29% |
Showing the top 250 of 303 shared holdings by overlap weight.
Frequently Asked Questions
How much do ESGE and IEMG overlap?
ESGE and IEMG overlap by 57.8% of portfolio weight. They share 303 holdings (ESGE holds 307 positions and IEMG holds 2697), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ESGE and IEMG?
The two portfolios are 57.8% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of ESGE and IEMG?
The largest positions held by both funds are TSMWF, 005930, 000660, 700 and 9988. Together the top 10 shared positions account for 56% of the total overlap.
What does ESGE own that IEMG doesn't?
4 positions (0.2% of ESGE) are unique to ESGE, led by MAHINDRA MAHINDRA LTD, MALAYSIAN RINGITT and BRAZIALIAN REAL. In the other direction, 2394 positions (39.2% of IEMG) are unique to IEMG.