IEMG vs SPY: Holdings Overlap
IEMGiShares Core MSCI Emerging Markets ETF
iShares · 2697 holdings · $156.6B · as of 2026-05-31
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
Holdings snapshots are 67 days apart (IEMG: 2026-05-31, SPY: 2026-08-06). 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 SPY?
iShares Core MSCI Emerging Markets ETF (IEMG, by iShares) holds 2697 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. 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 · SPY holds 504
- Weight in Shared Holdings
- IEMG 0%·SPY 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 SPY. Showing the top 30 by weight.
Sector Breakdown
| Sector | IEMG | SPY |
|---|---|---|
| Information Technology | 36.2% | 37.6% |
| Financials | 11.0% | 12.3% |
| Communication Services | 4.6% | 9.7% |
| Consumer Discretionary | 6.0% | 9.3% |
| Health Care | 0.9% | 8.9% |
| Other Sectors | 10.4% | 22.1% |
| Unclassified | 30.7% | 0.0% |
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, 0% of SPY).
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% |
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
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 SPY →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do IEMG and SPY overlap?
IEMG and SPY overlap by 0.0% of portfolio weight. They share 0 holdings (IEMG holds 2697 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IEMG and SPY?
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 SPY doesn't?
2697 positions (99.7% of IEMG) are unique to IEMG, led by TSMWF, 005930 and 000660. In the other direction, 504 positions (99.9% of SPY) are unique to SPY.