FLIN vs IEMG: Holdings Overlap
Franklin Templeton · 273 holdings · $2.7B · 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 (FLIN: 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 FLIN and IEMG?
Franklin FTSE India ETF (FLIN, by Franklin Templeton) holds 273 positions; iShares Core MSCI Emerging Markets ETF (IEMG, by iShares) holds 2697. They have 234 holdings in common, and by portfolio weight the two funds are 10.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 234FLIN holds 273 · IEMG holds 2697
- Weight in Shared Holdings
- FLIN 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 FLIN
39 of 273 positions (3.0% of the fund) are not held by IEMG. Showing the top 30 by weight.
Only in IEMG
2463 of 2697 positions (89.3% of the fund) are not held by FLIN. Showing the top 30 by weight.
Sector Breakdown
| Sector | FLIN | IEMG |
|---|---|---|
| Information Technology | 7.0% | 36.2% |
| Financials | 19.6% | 11.0% |
| Energy | 9.0% | 2.3% |
| Consumer Discretionary | 8.9% | 6.0% |
| Materials | 6.6% | 2.9% |
| Other Sectors | 21.4% | 10.7% |
| 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 (27% of FLIN, 31% of IEMG).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FLIN | +2.1% | -6.3% | -3.6% | +5.8% | +4.6% | — | 0.42% |
| 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 FLIN vs IEMG →
Shared Holdings(234)
The top 10 shared positions account for 31% of the overlap, led by HDFCB, RELIANCE and ICICIBC.
 HDFCBHDFC Bank Ltd. INR1 | 5.79% | 0.61% | 0.61% |
|---|---|---|---|
 RELIANCEReliance Industries Ltd. INR10(100%DEMAT) | 6.39% | 0.58% | 0.58% |
 ICICIBCICICI Bank Ltd. INR2 | 4.44% | 0.48% | 0.48% |
 BHARTIBharti Airtel Ltd. INR5 | 3.69% | 0.34% | 0.34% |
 INFOInfosys Ltd. INR5 | 3.00% | 0.27% | 0.27% |
 AXSBAxis Bank Ltd. INR2 | 1.86% | 0.21% | 0.21% |
 MMMahindra & Mahindra Ltd. INR5 | 1.92% | 0.20% | 0.20% |
 LTLarsen & Toubro Ltd. INR2 | 1.65% | 0.20% | 0.20% |
 BAFBajaj Finance Ltd. INR1(POST SUBD) | 1.57% | 0.18% | 0.18% |
 KMBKotak Mahindra Bank Ltd. INR1(POST SUBD) | 1.35% | 0.15% | 0.15% |
 TCSTata Consultancy Services Ltd. INR1 | 1.68% | 0.15% | 0.15% |
 SBINState Bank of India INR1 | 1.26% | 0.13% | 0.13% |
 HUVRHindustan Unilever Ltd. INR1 | 1.27% | 0.13% | 0.13% |
 SUNPSun Pharmaceutical Industries Ltd. INR1(DEMAT) | 1.31% | 0.12% | 0.12% |
 NTPCNTPC Ltd. INR10 | 1.23% | 0.12% | 0.12% |
 MSILMaruti Suzuki India Ltd. INR5 | 1.13% | 0.12% | 0.12% |
 TATATata Steel Ltd. INR1.00(POST SUBDIVISION) | 1.11% | 0.11% | 0.11% |
 BHEBharat Electronics Ltd. INR1 | 1.00% | 0.11% | 0.11% |
 HNDLHindalco Industries Ltd. INR1 | 0.90% | 0.11% | 0.11% |
 TTANTitan Co Ltd. INR1 | 1.01% | 0.10% | 0.10% |
 SHFLShriram Finance Ltd. INR2 (POST SUBD) | 0.85% | 0.10% | 0.10% |
 UTCEMUltratech Cement Ltd. INR10 | 0.90% | 0.10% | 0.10% |
 PWGRPower Grid Corporation of India Ltd. INR10 | 0.93% | 0.10% | 0.10% |
 HCLTHCL Technologies Ltd. INR2 | 0.99% | 0.08% | 0.08% |
 APNTAsian Paints Ltd. INR1 | 0.69% | 0.07% | 0.07% |
Frequently Asked Questions
How much do FLIN and IEMG overlap?
FLIN and IEMG overlap by 10.4% of portfolio weight. They share 234 holdings (FLIN holds 273 positions and IEMG holds 2697), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FLIN and IEMG?
The two portfolios are 10.4% 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 FLIN 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 FLIN own that IEMG doesn't?
39 positions (3.0% of FLIN) are unique to FLIN, led by ADANIENS, ADANIGR and HZ. In the other direction, 2463 positions (89.3% of IEMG) are unique to IEMG.