PCY vs VEU: Holdings Overlap
PCYInvesco Emerging Markets Sovereign Debt ETF
Invesco · 100 holdings · $1.4B · as of 2026-04-30
VEUVanguard FTSE All-world Ex-us Index Fund
Vanguard · 3855 holdings · $69.8B · as of 2026-04-30
How similar are PCY and VEU?
Invesco Emerging Markets Sovereign Debt ETF (PCY, by Invesco) holds 100 positions; Vanguard FTSE All-world Ex-us Index Fund (VEU, by Vanguard) holds 3855. 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
- 0PCY holds 100 · VEU holds 3855
- Weight in Shared Holdings
- PCY 0%·VEU 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 PCY
100 of 100 positions (98.5% of the fund) are not held by VEU. 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 |
|---|---|---|---|---|---|---|---|
| PCY | -0.6% | +1.6% | +8.5% | +9.8% | +1.1% | +2.0% | 5.91% |
| VEU | +2.8% | +16.6% | +28.4% | +19.2% | +9.6% | +9.9% | 2.48% |
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 PCY vs VEU →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do PCY and VEU overlap?
PCY and VEU overlap by 0.0% of portfolio weight. They share 0 holdings (PCY holds 100 positions and VEU holds 3855), based on each fund's latest SEC-reported holdings.
Is it redundant to own both PCY and VEU?
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 PCY own that VEU doesn't?
100 positions (98.5% of PCY) are unique to PCY, led by Mongolia Government International Bond, Republic of Poland Government International Bond and Kuwait International Government Bond. In the other direction, 3855 positions (98.8% of VEU) are unique to VEU.