ETF and Mutual Fund Analysis

Holdings as of May 31, 2026 (IEMG) and April 30, 2026 (VWO)

ETF and Mutual Fund Analysis

Overlap, Comparison, and Diversification for Your Portfolio

Home > Compare > IEMG vs VWO Holdings as of May 31, 2026 (IEMG) and April 30, 2026 (VWO)

IEMG vs VWO: Portfolio Overlap

iShares Core MSCI Emerging Markets ETF vs Vanguard Emerging Markets Stock Index Fund

55.5%
Weighted portfolio overlap
High Overlap

The two funds are running highly redundant strategies — the same market exposure is paid for through two expense ratios.

IEMG
2695 equity holdings
as of May 31, 2026
VWO
5012 equity holdings
as of April 30, 2026
1497 stocks held in common
Overlap View Venn Diagram
55.5% OVERLAP IEMG VWO
Overlapping Holdings
10 Top 10 of 1497 shared, by overlap contribution
# Stock IEMG VWO Overlap%
1
Taiwan Semiconductor Manufacturing Co Ltd
 12.52% 14.73% 12.52%
2
MediaTek Inc
 1.42% 1.07% 1.07%
3
Delta Electronics Inc
 1.03% 1.18% 1.03%
4
Hon Hai Precision Industry Co Ltd.
 0.79% 0.75% 0.75%
5
China Construction Bank Corp
 0.71% 0.86% 0.71%
6
HDFC Bank Ltd
 0.61% 0.81% 0.61%
7
ICICI Bank Ltd
 0.48% 0.62% 0.48%
8
ASE Technology Holding Co Ltd.
 0.44% 0.45% 0.44%
9
XIAOMI CORP
 0.42% 0.56% 0.42%
10
PDD
 0.41% 0.66% 0.41%
Most Divergent Holdings Stocks held by one fund but absent from the other
Only in IEMG — iShares Core MSCI Emerging Markets ETF
StockWeight
Samsung Electronics Co Ltd6.82%
SK hynix Inc5.83%
Tencent Holdings Ltd2.38%
Alibaba Group Holding Ltd.1.83%
Samsung Electronics Co Ltd.0.75%
Only in VWO — VANGUARD EMERGING MARKETS STOCK INDEX FUND
StockWeight
Tencent Holdings Ltd.3.28%
Alibaba Group Holding Ltd2.57%
Reliance Industries Ltd0.90%
Infosys Ltd0.38%
Saudi Arabian Oil Co0.38%

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Frequently Asked Questions (FAQs)
What is the portfolio overlap between IEMG and VWO?

IEMG (iShares Core MSCI Emerging Markets ETF) and VWO (Vanguard Emerging Markets Stock Index Fund) share 55.5% portfolio overlap as of IEMG's May 31, 2026 filing and VWO's April 30, 2026 filing, across 1497 common stocks. Overlap is the sum of the smaller weight of each shared stock, so it reads as the share of a dollar that lands on the same companies in both funds.

Do IEMG and VWO invest in the same stocks?

Largely yes. A substantial portion of both portfolios consists of the same stocks, leaving limited room for differentiation.

What are the top stocks held by both IEMG and VWO?

The most prominent shared holdings (by combined weight) are: Taiwan Semiconductor Manufacturing Co Ltd, MediaTek Inc, Delta Electronics Inc. See the full common-holdings table on this page for weights in each fund.

Related Comparisons
IEMG — iShares Core MSCI Emerging Markets ETF vs QQQ — Invesco QQQ Trust, Series 1AIVSX — Investment Co of America vs VWO — VANGUARD EMERGING MARKETS STOCK INDEX FUNDAWSHX — Washington Mutual Investors Fund vs VWO — VANGUARD EMERGING MARKETS STOCK INDEX FUNDIEMG — iShares Core MSCI Emerging Markets ETF vs VTSAX — VANGUARD TOTAL STOCK MARKET INDEX FUNDVFIAX — VANGUARD 500 INDEX FUND vs VWO — VANGUARD EMERGING MARKETS STOCK INDEX FUNDIEMG — iShares Core MSCI Emerging Markets ETF vs VIIIX — VANGUARD INSTITUTIONAL INDEX FUND