IEMG vs PCY: Holdings Overlap
IEMGiShares Core MSCI Emerging Markets ETF
iShares · 2697 holdings · $156.6B · as of 2026-05-31
PCYInvesco Emerging Markets Sovereign Debt ETF
Invesco · 100 holdings · $1.4B · as of 2026-04-30
Holdings snapshots are 31 days apart (IEMG: 2026-05-31, PCY: 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 IEMG and PCY?
iShares Core MSCI Emerging Markets ETF (IEMG, by iShares) holds 2697 positions; Invesco Emerging Markets Sovereign Debt ETF (PCY, by Invesco) holds 100. 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
- 0IEMG holds 2697 · PCY holds 100
- Weight in Shared Holdings
- IEMG 0%·PCY 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 IEMG
2697 of 2697 positions (99.7% of the fund) are not held by PCY. Showing the top 30 by weight.
Only in PCY
100 of 100 positions (98.5% of the fund) are not held by IEMG. Showing the top 30 by weight.
- Mongolia Government International Bond1.47%
- Republic of Poland Government International Bond1.46%
- Kuwait International Government Bond1.44%
- Kuwait International Government Bond1.42%
- Mongolia Government International Bond1.42%
- Pakistan Government International Bond1.37%
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% |
| PCY | -0.6% | +1.6% | +8.5% | +9.8% | +1.1% | +2.0% | 5.91% |
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 PCY →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do IEMG and PCY overlap?
IEMG and PCY overlap by 0.0% of portfolio weight. They share 0 holdings (IEMG holds 2697 positions and PCY holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IEMG and PCY?
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 IEMG own that PCY doesn't?
2697 positions (99.7% of IEMG) are unique to IEMG, led by TSMWF, 005930 and 000660. In the other direction, 100 positions (98.5% of PCY) are unique to PCY.