IEMG vs EEM: Holdings Overlap
IEMGiShares Core MSCI Emerging Markets ETF
iShares · 2697 holdings · $156.6B · as of 2026-05-31
EEMiShares MSCI Emerging Markets ETF
iShares · 1246 holdings · $30.2B · as of 2026-05-31
How similar are IEMG and EEM?
iShares Core MSCI Emerging Markets ETF (IEMG, by iShares) holds 2697 positions; iShares MSCI Emerging Markets ETF (EEM, by iShares) holds 1246. They have 1169 holdings in common, and by portfolio weight the two funds are 87.3% identical. In practical terms the pair is essentially interchangeable, so holding both adds little diversification.
- Overlap by Weight
- 87.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1169IEMG holds 2697 · EEM holds 1246
- Weight in Shared Holdings
- IEMG 88%·EEM 100%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 IEMG
1528 of 2697 positions (12.1% of the fund) are not held by EEM. Showing the top 30 by weight.
Only in EEM
77 of 1246 positions (0.3% of the fund) are not held by IEMG. Showing the top 30 by weight.
Sector Breakdown
| Sector | IEMG | EEM |
|---|---|---|
| Information Technology | 36.2% | 41.0% |
| Financials | 11.0% | 12.6% |
| Consumer Discretionary | 6.0% | 6.8% |
| Communication Services | 4.6% | 5.3% |
| Materials | 2.9% | 3.3% |
| Other Sectors | 8.4% | 9.3% |
| Unclassified | 30.7% | 21.6% |
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 (31% of IEMG, 22% of EEM).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IEMG | +0.3% | +19.9% | +33.4% | +20.1% | +7.8% | +9.0% | 2.25% |
| EEM | -0.1% | +20.6% | +35.3% | +20.3% | +7.3% | +8.4% | 1.70% |
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 IEMG vs EEM →
Shared Holdings(1169)
The top 10 shared positions account for 39% of the overlap, led by TSMWF, 005930 and 000660.
 TSMWFTaiwan Semiconductor Manufacturing Co Ltd | 12.49% | 14.26% | 12.49% |
|---|---|---|---|
 005930Samsung Electronics Co Ltd | 6.80% | 7.76% | 6.80% |
 000660SK hynix Inc | 5.82% | 6.64% | 5.82% |
 700Tencent Holdings Ltd. | 2.37% | 2.71% | 2.37% |
 9988Alibaba Group Holding Ltd | 1.82% | 2.08% | 1.82% |
 2454MediaTek Inc | 1.42% | 1.62% | 1.42% |
 2308Delta Electronics Inc | 1.02% | 1.17% | 1.02% |
 HNHAFHon Hai Precision Industry Co Ltd | 0.79% | 0.90% | 0.79% |
 005935Samsung Electronics Co Ltd | 0.74% | 0.85% | 0.74% |
 C6TChina Construction Bank Corp | 0.71% | 0.81% | 0.71% |
 HDFCBHDFC Bank Ltd | 0.61% | 0.70% | 0.61% |
 RELIANCEReliance Industries Ltd | 0.58% | 0.66% | 0.58% |
 009150Samsung Electro-Mechanics Co Ltd | 0.54% | 0.62% | 0.54% |
 402340SK Square Co Ltd | 0.53% | 0.60% | 0.53% |
 ICICIBCICICI Bank Ltd | 0.48% | 0.55% | 0.48% |
 005380Hyundai Motor Co | 0.44% | 0.50% | 0.44% |
 3711ASE Technology Holding Co Ltd | 0.44% | 0.50% | 0.44% |
 1810Xiaomi Corp | 0.42% | 0.48% | 0.42% |
 PDDPDD Holdings Inc. SPONSORED ADS | 0.41% | 0.47% | 0.41% |
 VALE3Vale SA | 0.41% | 0.46% | 0.41% |
 ICKIndustrial & Commercial Bank of China Ltd | 0.38% | 0.43% | 0.38% |
 RJHISARAl Rajhi Bank | 0.36% | 0.41% | 0.36% |
 2318RUBPing An Insurance Group Co of China Ltd | 0.35% | 0.40% | 0.35% |
 2303United Microelectronics Corp | 0.35% | 0.40% | 0.35% |
 2383Elite Material Co Ltd | 0.34% | 0.39% | 0.34% |
Showing the top 250 of 1169 shared holdings by overlap weight.
Frequently Asked Questions
How much do IEMG and EEM overlap?
IEMG and EEM overlap by 87.3% of portfolio weight. They share 1169 holdings (IEMG holds 2697 positions and EEM holds 1246), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IEMG and EEM?
The two portfolios are 87.3% identical by weight. Owning both is largely redundant: they are close to the same portfolio, so a second position mostly duplicates the first.
What are the biggest shared holdings of IEMG and EEM?
The largest positions held by both funds are TSMWF, 005930, 000660, 700 and 9988. Together the top 10 shared positions account for 39% of the total overlap.
What does IEMG own that EEM doesn't?
1528 positions (12.1% of IEMG) are unique to IEMG, led by 6223, 2344 and 8299. In the other direction, 77 positions (0.3% of EEM) are unique to EEM.