IEMG vs SPDW: Holdings Overlap
IEMGiShares Core MSCI Emerging Markets ETF
iShares · 2697 holdings · $156.6B · as of 2026-05-31
SPDWState Street® SPDR® Portfolio Developed World ex-US ETF
State Street (SPDR) · 2342 holdings · $40.5B · as of 2026-08-04
Holdings snapshots are 65 days apart (IEMG: 2026-05-31, SPDW: 2026-08-04). 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 SPDW?
iShares Core MSCI Emerging Markets ETF (IEMG, by iShares) holds 2697 positions; State Street® SPDR® Portfolio Developed World ex-US ETF (SPDW, by State Street (SPDR)) holds 2342. They have 200 holdings in common, and by portfolio weight the two funds are 5.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 5.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 200IEMG holds 2697 · SPDW holds 2342
- Weight in Shared Holdings
- IEMG 21%·SPDW 5%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
2497 of 2697 positions (78.6% of the fund) are not held by SPDW. Showing the top 30 by weight.
Sector Breakdown
| Sector | IEMG | SPDW |
|---|---|---|
| Information Technology | 36.2% | 12.6% |
| Financials | 11.0% | 21.9% |
| Industrials | 2.4% | 13.2% |
| Health Care | 0.9% | 6.3% |
| Consumer Discretionary | 6.0% | 5.3% |
| Other Sectors | 12.6% | 22.1% |
| Unclassified | 30.7% | 17.3% |
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, 18% of SPDW).
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% |
| SPDW | +3.1% | +17.9% | +30.1% | +19.9% | +10.1% | +10.3% | 2.94% |
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 SPDW →
Shared Holdings(200)
The top 10 shared positions account for 56% of the overlap, led by 000660, 005935 and 402340.
 000660SK hynix Inc | 5.82% | 1.68% | 1.68% |
|---|---|---|---|
 005935Samsung Electronics Co Ltd | 0.74% | 0.28% | 0.28% |
 402340SK Square Co Ltd | 0.53% | 0.18% | 0.18% |
 105560KB Financial Group Inc | 0.25% | 0.15% | 0.15% |
 009150Samsung Electro-Mechanics Co Ltd | 0.54% | 0.14% | 0.14% |
 005930Samsung Electronics Co Ltd | 6.80% | 0.12% | 0.12% |
 005380Hyundai Motor Co | 0.44% | 0.11% | 0.11% |
 055550Shinhan Financial Group Co Ltd | 0.18% | 0.11% | 0.11% |
 086790Hana Financial Group Inc | 0.15% | 0.07% | 0.07% |
 033780KT&G Corp. KRW5000 | 0.08% | 0.07% | 0.07% |
 000270Kia Corp | 0.18% | 0.07% | 0.07% |
 012450Hanwha Aerospace Co Ltd | 0.18% | 0.07% | 0.07% |
 068270Celltrion Inc | 0.13% | 0.07% | 0.07% |
 035420NAVER Corp | 0.15% | 0.07% | 0.07% |
 034020Doosan Enerbility Co Ltd | 0.22% | 0.07% | 0.07% |
 012330Hyundai Mobis Co Ltd | 0.20% | 0.06% | 0.06% |
 032830Samsung Life Insurance Co Ltd | 0.14% | 0.06% | 0.06% |
 028260Samsung C&T Corp | 0.17% | 0.06% | 0.06% |
 000150Doosan Co Ltd | 0.07% | 0.05% | 0.05% |
 006400Samsung SDI Co Ltd | 0.19% | 0.05% | 0.05% |
 298040Hyosung Heavy Industries Corp | 0.10% | 0.05% | 0.05% |
 316140Woori Financial Group Inc | 0.09% | 0.04% | 0.04% |
 000810Samsung Fire & Marine Insurance Co Ltd | 0.08% | 0.04% | 0.04% |
 066570LG Electronics Inc | 0.14% | 0.04% | 0.04% |
 034730SK Inc | 0.11% | 0.04% | 0.04% |
Frequently Asked Questions
How much do IEMG and SPDW overlap?
IEMG and SPDW overlap by 5.2% of portfolio weight. They share 200 holdings (IEMG holds 2697 positions and SPDW holds 2342), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IEMG and SPDW?
The two portfolios are 5.2% 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 IEMG and SPDW?
The largest positions held by both funds are 000660, 005935, 402340, 105560 and 009150. Together the top 10 shared positions account for 56% of the total overlap.
What does IEMG own that SPDW doesn't?
2497 positions (78.6% of IEMG) are unique to IEMG, led by TSMWF, 700 and 9988. In the other direction, 2142 positions (93.4% of SPDW) are unique to SPDW.