etf overlap tool · little overlap

EEM vs IWF overlap

0.3% of EEM and IWF is the same money, spread over 4 companies both funds hold.

Holdings as of October 16, 2026 · source: iShares (EEM), iShares (IWF) · How we measured all 1,431 pairs

overlapfull holdings, by weight

0.3%of each fund is money the other holds at the same weight, across 4 shared companies.

EEM

99%

1.0% in IWF

IWF

100%

0.3% in EEM

same money
same companies, extra weight
only in this fund

Hold EEM and IWF with other funds or stocks? The free portfolio optimizer opens EEM and IWF beside the rest of what you own: the companies you hold twice, what the funds cost a year, and where the next deposit should go. No account.

01Shared

The companies you would own twice

held by bothtop 4 of 4

companyEEMIWF

NUNUNU HOLDINGS CLASS A0.45%0.15%

ANANGANGLOGOLD ASHANTI PLC0.41%0.13%

SCSCCOSOUTHERN COPPER CORP0.16%0.01%

AUAUGOAURA MINERALS INC0.03%0.01%

02Different

What only one of them gives you

only in EEM1,165 names

232330TAIWAN SEMICONDUCTOR MANUFACTURING15.73%

00005930SAMSUNG ELECTRONICS LTD6.47%

00000660SK HYNIX4.51%

70700TENCENT HOLDINGS2.79%

999988ALIBABA GROUP HOLDING1.99%

242454MEDIATEK1.62%

93939CHINA CONSTRUCTION BANK CORP H0.90%

00005935SAMSUNG ELECTRONICS NON VOTING PRE0.86%

only in IWF367 names

NVDANVIDIA15.14%

AAPLAPPLE8.15%

GOOGLALPHABET CLASS A6.01%

MSFTMICROSOFT5.95%

GOOGALPHABET CLASS C4.85%

AVGOBROADCOM INC4.63%

METAMETA PLATFORMS CLASS A3.86%

TSLATESLA INC3.14%

03Sectors

Where each fund puts its money

sectorsEEM vs IWF, share of each fund

Information Technology40.93%54.31%

Financials20.43%5.03%

Communication Services6.10%16.83%

Consumer Discretionary7.87%7.61%

Industrials6.11%7.37%

Health Care2.72%5.92%

Materials6.07%0.26%

Energy3.78%0.59%

Consumer Staples2.79%1.31%

Utilities2.03%0.27%

Real Estate1.01%0.41%

04Questions

EEM and IWF: what people ask

questions4 answered

How much do EEM and IWF overlap?

0.3% by weight, as of October 16, 2026: little overlap. 4 companies appear in both funds; they make up 1.0% of EEM and 0.3% of IWF.

Which stocks do EEM and IWF both hold?

The largest shared positions are NU, ANG, SCCO and AUGO. Ranked by the smaller of the two weights, which is the part you would own twice.

Is it redundant to hold both EEM and IWF?

Out of every $100 split evenly between them, about $0 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 1,165 names only in EEM, 367 only in IWF. Half in each behaves like 48 equally weighted stocks, against 29 for EEM alone and 21 for IWF alone. Whether that duplication is a problem depends on the mix you want; this is a description, not advice.

How is ETF overlap calculated here?

For every company held by both funds we take the smaller of its two weights and add them up. The weights come from the full holdings files iShares publish, not a top-10 sample, and companies are matched by their ISIN so share classes stay apart. Sector overlap applies the same rule to the issuers' sector labels; "behaves like N equally weighted stocks" is one over the sum of the squared weights.

Hold EEM and IWF?Import your positions and see what your funds hold together, company by company, with the fees you pay on each.Import my portfolio

Weights come from each issuer's published holdings file and are matched company by company on their ISIN. Cash, futures and currency positions are left out. This page describes what the funds hold; it is not investment advice.