MCHI vs VWO: Holdings Overlap
iShares · 580 holdings · $6.3B · as of 2026-05-31
VWOVanguard Emerging Markets Stock Index Fund
Vanguard · 5015 holdings · $124.9B · as of 2026-04-30
Holdings snapshots are 31 days apart (MCHI: 2026-05-31, VWO: 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 MCHI and VWO?
iShares MSCI China ETF (MCHI, by iShares) holds 580 positions; Vanguard Emerging Markets Stock Index Fund (VWO, by Vanguard) holds 5015. They have 562 holdings in common, and by portfolio weight the two funds are 23.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 23.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 562MCHI holds 580 · VWO holds 5015
- Weight in Shared Holdings
- MCHI 97%·VWO 24%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 MCHI
18 of 580 positions (2.8% of the fund) are not held by VWO.
Only in VWO
4453 of 5015 positions (75.4% of the fund) are not held by MCHI. Showing the top 30 by weight.
Sector Breakdown
| Sector | MCHI | VWO |
|---|---|---|
| Information Technology | 7.8% | 23.7% |
| Consumer Discretionary | 21.1% | 7.0% |
| Communication Services | 17.2% | 5.7% |
| Financials | 14.8% | 12.6% |
| Materials | 1.8% | 3.4% |
| Other Sectors | 8.3% | 9.5% |
| Unclassified | 28.5% | 37.4% |
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 (29% of MCHI, 38% of VWO).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| MCHI | +9.3% | -5.2% | -1.0% | +8.7% | -2.2% | +4.3% | 1.94% |
| VWO | +2.7% | +12.6% | +22.3% | +16.6% | +6.6% | +7.9% | 2.29% |
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 MCHI vs VWO →
Shared Holdings(562)
The top 10 shared positions account for 43% of the overlap, led by 700, 9988 and C6T.
 700Tencent Holdings Ltd. | 13.21% | 3.26% | 3.26% |
|---|---|---|---|
 9988Alibaba Group Holding Ltd | 10.14% | 2.55% | 2.55% |
 C6TChina Construction Bank Corp | 3.97% | 0.85% | 0.85% |
 PDDPDD Holdings Inc. SPONSORED ADS | 2.28% | 0.66% | 0.66% |
 ICKIndustrial & Commercial Bank of China Ltd | 2.10% | 0.62% | 0.62% |
 1810Xiaomi Corp | 2.35% | 0.56% | 0.56% |
 3690Meituan, B Shares | 1.84% | 0.50% | 0.50% |
 2318RUBPing An Insurance Group Co of China Ltd | 1.96% | 0.46% | 0.46% |
 1211RUBBYD Co Ltd | 1.63% | 0.42% | 0.42% |
 W8VBank of China Ltd | 1.80% | 0.38% | 0.38% |
 9999NetEase Inc | 1.63% | 0.37% | 0.37% |
 9618JD.com Inc | 1.31% | 0.31% | 0.31% |
 9888Baidu, Inc., A Shares | 1.44% | 0.29% | 0.29% |
 9961Trip.com Group Ltd | 1.11% | 0.28% | 0.28% |
 PC6PetroChina Co Ltd | 1.12% | 0.28% | 0.28% |
 FJZZijin Mining Group Co Ltd | 0.97% | 0.24% | 0.24% |
 CHLChina Life Insurance Co Ltd | 1.05% | 0.24% | 0.24% |
 EK7Agricultural Bank of China Ltd | 0.77% | 0.21% | 0.21% |
 M4BChina Merchants Bank Co Ltd | 0.90% | 0.20% | 0.20% |
 IKFChina Shenhua Energy Co Ltd | 0.74% | 0.18% | 0.18% |
 300750Contemporary Amperex Technology Co Ltd | 0.64% | 0.17% | 0.17% |
 1801Innovent Biologics Inc | 0.60% | 0.16% | 0.16% |
 175Geely Automobile Holdings Ltd | 0.60% | 0.16% | 0.16% |
 IJ0BeOne Medicines Ltd | 0.74% | 0.15% | 0.15% |
 600519Kweichow Moutai Co Ltd | 0.56% | 0.15% | 0.15% |
Showing the top 250 of 562 shared holdings by overlap weight.
Frequently Asked Questions
How much do MCHI and VWO overlap?
MCHI and VWO overlap by 23.8% of portfolio weight. They share 562 holdings (MCHI holds 580 positions and VWO holds 5015), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MCHI and VWO?
The two portfolios are 23.8% 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 MCHI and VWO?
The largest positions held by both funds are 700, 9988, C6T, PDD and ICK. Together the top 10 shared positions account for 43% of the total overlap.
What does MCHI own that VWO doesn't?
18 positions (2.8% of MCHI) are unique to MCHI, led by 992, HTHT and HONG KONG DOLLAR. In the other direction, 4453 positions (75.4% of VWO) are unique to VWO.