IEMG vs VEU ETF holdings comparison
iShares Core MSCI Emerging Markets ETF (IEMG) · Vanguard FTSE All-World ex-US ETF (VEU)
IEMG and VEU overlap by 29.9% by portfolio weight. The remaining 70.1 percentage points are not counted as shared holdings weight by this calculation. They share 1480 stocks; the largest shared position is Taiwan Semiconductor Manufacturing Company Limited (ticker unavailable), contributing 4.28% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
IEMG and VEU share a smaller portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "low holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
Overlap by weight sums the smaller of the two funds' weights for every stock they both hold. It answers "how much of my money is in the same stocks either way?" See methodology.
This comparison covers normalized equity positions represented in the dataset. Cash, derivatives, options, structured notes, and other non-equity assets are not included, so the result is not a complete comparison of every asset or risk in either fund.
Top shared holdings
| Company | Ticker | in IEMG | in VEU |
|---|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | N/A | 12.49% | 4.28% |
| Samsung Electronics Co., Ltd. | N/A | 6.80% | 1.81% |
| SK hynix Inc. | N/A | 5.82% | 1.23% |
| Tencent Holdings Limited | N/A | 2.37% | 0.96% |
| Alibaba Group Holding Limited | N/A | 1.82% | 0.75% |
| DELTA ELECTRONICS, INC. | N/A | 1.02% | 0.34% |
| MediaTek Inc. | N/A | 1.42% | 0.31% |
| RELIANCE INDUSTRIES LIMITED | N/A | 0.58% | 0.26% |
| CHINA CONSTRUCTION BANK CORPORATION | N/A | 0.71% | 0.25% |
| HDFC BANK LIMITED | N/A | 0.61% | 0.24% |
Holdings only in IEMG or VEU
IEMG has 1033 fund-only positions representing approximately 9.6 percentage points of reported exposure; VEU has 2310 fund-only positions representing approximately 68.3 percentage points of reported exposure. These are positions whose normalized security identifiers appear in one issuer file but not the other.
Largest positions only in IEMG
| Company | Ticker | Weight |
|---|---|---|
| Samsung Electronics Co., Ltd. | N/A | 0.74% |
| Nu Holdings Ltd. | NU | 0.31% |
| Itau Unibanco Holding S.A. | N/A | 0.29% |
| Petroleo Brasileiro S.A. (Petrobras) | N/A | 0.26% |
| CREDICORP LTD. | BAP | 0.16% |
| HonPrecision Inc | N/A | 0.15% |
| Banco Bradesco S.A. | N/A | 0.13% |
| SOUTHERN COPPER CORPORATION | SCCO | 0.12% |
| TAIWAN UNION TECHNOLOGY CORPORATION | N/A | 0.09% |
| Sociedad Quimica y Minera de Chile S.A. | N/A | 0.08% |
Largest positions only in VEU
| Company | Ticker | Weight |
|---|---|---|
| ASML Holding NV | N/A | 1.43% |
| HSBC Holdings PLC | N/A | 0.80% |
| Roche Holding AG | N/A | 0.73% |
| AstraZeneca PLC | N/A | 0.72% |
| Novartis AG | N/A | 0.72% |
| Nestle SA | N/A | 0.66% |
| Shell PLC | N/A | 0.66% |
| Royal Bank of Canada | RY | 0.64% |
| Siemens AG | N/A | 0.56% |
| Commonwealth Bank of Australia | N/A | 0.54% |
FAQ
How much do IEMG and VEU overlap?
IEMG and VEU have 29.9% overlap by weight, sharing 1480 equity positions (out of 2513 in IEMG and 3790 in VEU). The official holdings files used are dated 2026-05-31 for IEMG and 2026-04-30 for VEU.
What does 29.9% overlap mean?
IEMG and VEU share a smaller portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "low holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
Which stocks do IEMG and VEU both hold?
The largest shared positions are Taiwan Semiconductor Manufacturing Company Limited, Samsung Electronics Co., Ltd., SK hynix Inc., Tencent Holdings Limited, Alibaba Group Holding Limited. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between IEMG and VEU?
IEMG has 1033 positions not found in VEU, while VEU has 2310 positions not found in IEMG. The largest fund-only positions and their weights are shown on this page.