IEMG vs VGK: Holdings Overlap
IEMGiShares Core MSCI Emerging Markets ETF
iShares · 2697 holdings · $156.6B · as of 2026-05-31
VGKVanguard European Stock Index Fund
Vanguard · 1222 holdings · $30.9B · as of 2026-04-30
Holdings snapshots are 31 days apart (IEMG: 2026-05-31, VGK: 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 VGK?
iShares Core MSCI Emerging Markets ETF (IEMG, by iShares) holds 2697 positions; Vanguard European Stock Index Fund (VGK, by Vanguard) holds 1222. They have 30 holdings in common, and by portfolio weight the two funds are 1.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 30IEMG holds 2697 · VGK holds 1222
- Weight in Shared Holdings
- IEMG 1%·VGK 1%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
2667 of 2697 positions (98.6% of the fund) are not held by VGK. Showing the top 30 by weight.
Sector Breakdown
| Sector | IEMG | VGK |
|---|---|---|
| Information Technology | 36.2% | 7.4% |
| Financials | 11.0% | 21.4% |
| Industrials | 2.4% | 16.6% |
| Health Care | 0.9% | 11.1% |
| Consumer Staples | 1.4% | 7.4% |
| Other Sectors | 17.2% | 21.9% |
| Unclassified | 30.7% | 13.7% |
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, 14% of VGK).
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% |
| VGK | +4.0% | +12.8% | +23.3% | +17.9% | +9.6% | +10.3% | 2.77% |
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 VGK →
Shared Holdings(30)
The top 10 shared positions account for 72% of the overlap, led by PKO, PKN and KGH.
 PKOPowszechna Kasa Oszczednosci Bank Polski SA | 0.17% | 0.14% | 0.14% |
|---|---|---|---|
 PKNOrlen SA PLN1.25 | 0.15% | 0.14% | 0.14% |
 KGHKGHM Polska Miedz SA | 0.09% | 0.07% | 0.07% |
 PEOBank Polska Kasa Opieki SA | 0.08% | 0.07% | 0.07% |
 PZUPowszechny Zaklad Ubezpieczen SA | 0.07% | 0.06% | 0.06% |
 LPPLPP SA | 0.05% | 0.05% | 0.05% |
 EBPSantander Bank Polska SA | 0.05% | 0.05% | 0.05% |
 ALEWAllegro.eu SA | 0.05% | 0.05% | 0.05% |
 CDRCD Projekt SA | 0.03% | 0.03% | 0.03% |
 DNPDino Polska SA | 0.03% | 0.03% | 0.03% |
 MBKmBank SA | 0.04% | 0.03% | 0.03% |
 BFTBenefit Systems SA | 0.02% | 0.02% | 0.02% |
 ALRAlior Bank SA | 0.02% | 0.02% | 0.02% |
 KTYGrupa Kety SA | 0.02% | 0.02% | 0.02% |
 MILBank Millennium SA | 0.03% | 0.02% | 0.02% |
 ACPAsseco Poland SA | 0.02% | 0.02% | 0.02% |
 TPETauron Polska Energia SA | 0.02% | 0.02% | 0.02% |
 9M1Zabka Group SA | 0.02% | 0.02% | 0.02% |
 OPLOrange Polska SA | 0.02% | 0.02% | 0.02% |
 PGEPGE Polska Grupa Energetyczna SA | 0.02% | 0.02% | 0.02% |
 BDXBudimex SA | 0.02% | 0.01% | 0.01% |
 KRUKRUK SA | 0.01% | 0.01% | 0.01% |
 XTBX-TRADE BROKERS | 0.01% | 0.01% | 0.01% |
| Pepco Group NV | 0.01% | 0.01% | 0.01% |
| Enea SA | 0.01% | 0.01% | 0.01% |
Frequently Asked Questions
How much do IEMG and VGK overlap?
IEMG and VGK overlap by 1.0% of portfolio weight. They share 30 holdings (IEMG holds 2697 positions and VGK holds 1222), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IEMG and VGK?
The two portfolios are 1.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IEMG and VGK?
The largest positions held by both funds are PKO, PKN, KGH, PEO and PZU. Together the top 10 shared positions account for 72% of the total overlap.
What does IEMG own that VGK doesn't?
2667 positions (98.6% of IEMG) are unique to IEMG, led by TSMWF, 005930 and 000660. In the other direction, 1192 positions (98.4% of VGK) are unique to VGK.