IAGG vs EMLC: Holdings Overlap
IAGGiShares Core International Aggregate Bond ETF
iShares · 7836 holdings · $11.4B · as of 2026-04-30
EMLCVanEck J.P. Morgan EM Local Currency Bond ETF
VanEck · 489 holdings · $4.8B · as of 2026-03-31
Holdings snapshots are 30 days apart (IAGG: 2026-04-30, EMLC: 2026-03-31). 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 IAGG and EMLC?
iShares Core International Aggregate Bond ETF (IAGG, by iShares) holds 7836 positions; VanEck J.P. Morgan EM Local Currency Bond ETF (EMLC, by VanEck) holds 489. They have 226 holdings in common, and by portfolio weight the two funds are 7.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 226IAGG holds 7836 · EMLC holds 489
- Weight in Shared Holdings
- IAGG 13%·EMLC 49%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 IAGG
7610 of 7836 positions (87.6% of the fund) are not held by EMLC. Showing the top 30 by weight.
- China Government Bond0.70%
- China Development Bank0.52%
- China Development Bank0.47%
- Bundesobligation0.38%
- Bundesobligation0.35%
- China Development Bank0.34%
Only in EMLC
263 of 489 positions (49.3% of the fund) are not held by IAGG. Showing the top 30 by weight.
- Brazil Notas do Tesouro Nacional Serie F0.95%
- Republic of South Africa Government Bond0.76%
- Brazil Letras do Tesouro Nacional0.75%
- Turkiye Government Bond0.68%
- Colombian TES0.65%
- Brazil Notas do Tesouro Nacional Serie F0.65%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IAGG | +0.2% | +1.5% | +2.1% | +4.8% | +0.9% | +2.0% | 4.50% |
| EMLC | +1.5% | +3.3% | +8.7% | +7.1% | +2.4% | +1.9% | 6.17% |
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 IAGG vs EMLC →
Shared Holdings(226)
The top 10 shared positions account for 22% of the overlap, led by China Government Bond, China Government Bond and China Government Bond.
| China Government Bond | 0.26% | 0.20% | 0.20% |
|---|---|---|---|
| China Government Bond | 0.51% | 0.17% | 0.17% |
| China Government Bond | 0.49% | 0.16% | 0.16% |
| China Government Bond | 0.39% | 0.16% | 0.16% |
| Republic of Poland Government Bond | 0.16% | 0.38% | 0.16% |
| China Government Bond | 0.36% | 0.15% | 0.15% |
| China Government Bond | 0.15% | 0.15% | 0.15% |
| China Government Bond | 0.21% | 0.14% | 0.14% |
| China Government Bond | 0.30% | 0.13% | 0.13% |
| China Government Bond | 0.47% | 0.13% | 0.13% |
| Mexican Bonos | 0.12% | 0.62% | 0.12% |
| China Government Bond | 0.70% | 0.12% | 0.12% |
| China Government Bond | 0.45% | 0.11% | 0.11% |
| China Government Bond | 0.11% | 0.17% | 0.11% |
| China Government Bond | 0.10% | 0.10% | 0.10% |
| China Government Bond | 0.15% | 0.09% | 0.09% |
| China Government Bond | 0.54% | 0.09% | 0.09% |
| China Government Bond | 0.23% | 0.09% | 0.09% |
| Mexican Bonos | 0.09% | 0.64% | 0.09% |
| China Government Bond | 0.09% | 0.11% | 0.09% |
| China Government Bond | 0.15% | 0.08% | 0.08% |
| Republic of Poland Government Bond | 0.15% | 0.08% | 0.08% |
| China Government Bond | 0.28% | 0.07% | 0.07% |
| China Government Bond | 0.16% | 0.07% | 0.07% |
| China Government Bond | 0.07% | 0.11% | 0.07% |
Frequently Asked Questions
How much do IAGG and EMLC overlap?
IAGG and EMLC overlap by 7.2% of portfolio weight. They share 226 holdings (IAGG holds 7836 positions and EMLC holds 489), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IAGG and EMLC?
The two portfolios are 7.2% 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 IAGG and EMLC?
The largest positions held by both funds are China Government Bond, China Government Bond, China Government Bond, China Government Bond and Republic of Poland Government Bond. Together the top 10 shared positions account for 22% of the total overlap.
What does IAGG own that EMLC doesn't?
7610 positions (87.6% of IAGG) are unique to IAGG, led by China Government Bond, China Development Bank and China Development Bank. In the other direction, 263 positions (49.3% of EMLC) are unique to EMLC.