ESGU vs FMB: Holdings Overlap
ESGUiShares ESG Aware MSCI USA ETF
iShares · 287 holdings · $18.3B · as of 2026-05-31
FMBFirst Trust Managed Municipal ETF
First Trust · 1256 holdings · $2.0B · as of 2026-04-30
Holdings snapshots are 31 days apart (ESGU: 2026-05-31, FMB: 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 ESGU and FMB?
iShares ESG Aware MSCI USA ETF (ESGU, by iShares) holds 287 positions; First Trust Managed Municipal ETF (FMB, by First Trust) holds 1256. They have 0 holdings in common, and by portfolio weight the two funds are 0.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 0ESGU holds 287 · FMB holds 1256
- Weight in Shared Holdings
- ESGU 0%·FMB 0%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 ESGU
287 of 287 positions (99.8% of the fund) are not held by FMB. Showing the top 30 by weight.
Only in FMB
1256 of 1256 positions (99.4% of the fund) are not held by ESGU. Showing the top 30 by weight.
- KY MEADEV 08/01/20610.81%
- GA MAIUTL 09/01/20520.73%
- Black Belt Energy Gas District, Gas Project No. 6, Series 2021B0.50%
- NY NYCGEN 4 11/01/20370.50%
- Texas Municipal Gas Acquisition and Supply Corp. IV, Gas Supply, Series 2023B0.46%
- Energy Southeast A Cooperative District, Series 2023A-10.46%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ESGU | +3.3% | +14.3% | +23.8% | +20.9% | +12.2% | — | 0.90% |
| FMB | -1.0% | +1.1% | +5.4% | +3.7% | +0.4% | +2.1% | 3.60% |
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 ESGU vs FMB →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do ESGU and FMB overlap?
ESGU and FMB overlap by 0.0% of portfolio weight. They share 0 holdings (ESGU holds 287 positions and FMB holds 1256), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ESGU and FMB?
The two portfolios are 0.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What does ESGU own that FMB doesn't?
287 positions (99.8% of ESGU) are unique to ESGU, led by NVDA, AAPL and MSFT. In the other direction, 1256 positions (99.4% of FMB) are unique to FMB.