IEMG vs INDA: Holdings Overlap
IEMGiShares Core MSCI Emerging Markets ETF
iShares · 2697 holdings · $156.6B · as of 2026-05-31
iShares · 169 holdings · $6.6B · as of 2026-05-31
How similar are IEMG and INDA?
iShares Core MSCI Emerging Markets ETF (IEMG, by iShares) holds 2697 positions; iShares MSCI India ETF (INDA, by iShares) holds 169. They have 169 holdings in common, and by portfolio weight the two funds are 9.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 9.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 169IEMG holds 2697 · INDA holds 169
- Weight in Shared Holdings
- IEMG 10%·INDA 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
2528 of 2697 positions (90.2% of the fund) are not held by INDA. Showing the top 30 by weight.
Only in INDA
Every position in INDA is also held by IEMG, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | IEMG | INDA |
|---|---|---|
| Information Technology | 36.2% | 6.8% |
| Financials | 11.0% | 21.5% |
| Consumer Discretionary | 6.0% | 9.9% |
| Energy | 2.3% | 8.6% |
| Materials | 2.9% | 6.6% |
| Other Sectors | 10.7% | 23.7% |
| Unclassified | 30.7% | 22.7% |
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 (31% of IEMG, 23% of INDA).
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% |
| INDA | +2.1% | -6.8% | -4.1% | +4.7% | +3.4% | +6.6% | — |
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 INDA →
Shared Holdings(169)
The top 10 shared positions account for 34% of the overlap, led by HDFCB, RELIANCE and ICICIBC.
 HDFCBHDFC Bank Ltd | 0.61% | 6.15% | 0.61% |
|---|---|---|---|
 RELIANCEReliance Industries Ltd | 0.58% | 6.23% | 0.58% |
 ICICIBCICICI Bank Ltd | 0.48% | 4.68% | 0.48% |
 BHARTIBharti Airtel Ltd | 0.34% | 3.63% | 0.34% |
 INFOInfosys Ltd | 0.27% | 2.92% | 0.27% |
 AXSBAxis Bank Ltd | 0.21% | 2.23% | 0.21% |
 MMMahindra & Mahindra Ltd | 0.20% | 2.20% | 0.20% |
 LTLarsen & Toubro Ltd | 0.20% | 2.13% | 0.20% |
 BAFBajaj Finance Ltd | 0.18% | 1.92% | 0.18% |
 KMBKotak Mahindra Bank Ltd | 0.15% | 1.59% | 0.15% |
 TCSTata Consultancy Services Ltd | 0.15% | 1.54% | 0.15% |
 SBINState Bank of India | 0.13% | 1.34% | 0.13% |
 HUVRHindustan Unilever Ltd | 0.13% | 1.34% | 0.13% |
 SUNPSun Pharmaceutical Industries Ltd | 0.12% | 1.30% | 0.12% |
 NTPCNTPC Ltd | 0.12% | 1.28% | 0.12% |
 MSILMaruti Suzuki India Ltd | 0.12% | 1.25% | 0.12% |
 TATATata Steel Ltd | 0.11% | 1.18% | 0.11% |
 BHEBharat Electronics Ltd | 0.11% | 1.13% | 0.11% |
 HNDLHindalco Industries Ltd | 0.11% | 1.15% | 0.11% |
 TTANTitan Co Ltd | 0.10% | 1.09% | 0.10% |
 SHFLShriram Finance Ltd | 0.10% | 1.01% | 0.10% |
 UTCEMUltraTech Cement Ltd | 0.10% | 1.02% | 0.10% |
 PWGRPower Grid Corp of India Ltd | 0.10% | 1.02% | 0.10% |
 HCLTHCL Technologies Ltd | 0.08% | 0.85% | 0.08% |
 APNTAsian Paints Ltd | 0.07% | 0.77% | 0.07% |
Frequently Asked Questions
How much do IEMG and INDA overlap?
IEMG and INDA overlap by 9.6% of portfolio weight. They share 169 holdings (IEMG holds 2697 positions and INDA holds 169), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IEMG and INDA?
The two portfolios are 9.6% 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 IEMG and INDA?
The largest positions held by both funds are HDFCB, RELIANCE, ICICIBC, BHARTI and INFO. Together the top 10 shared positions account for 34% of the total overlap.
What does IEMG own that INDA doesn't?
2528 positions (90.2% of IEMG) are unique to IEMG, led by TSMWF, 005930 and 000660. In the other direction, 0 positions (0.0% of INDA) are unique to INDA.