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Fees, size, distributions, currency exposure and holdings overlap for two to four funds, side by side.

Two to four symbols separated by commas. ASX funds end in .AX, for example A200.AX.
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Side by side

Comparison of VWO, IEMG
Measure VWOVanguard FTSE Emerging Markets ETF IEMGiShares Core MSCI Emerging Markets ETF
MarketUSNYSE ArcaUSNYSE Arca
IssuerVanguardiShares
Asset classEquity · InternationalEquity · International
Expense ratio0.06%Expense ratio, filed 27 Feb 20260.09%Net expense ratio, filed 19 Dec 2025
Net assets$162.0BAs of 31 Jul 2026 $162.0BAs of 31 May 2026
Holdings6,393As of 31 Jul 2026 2,700As of 31 May 2026
12-month distribution yield2.09%2.32%
DistributionsQuarterly$1.2180 in 12 months Twice a year$1.7970 in 12 months
Last price$58.2520 Oct 2026, 20:00 UTC$77.3720 Oct 2026, 20:00 UTC

Holdings overlap

Weighted overlap is the sum, over the securities both funds hold, of the smaller of the two weights. 0% means no shared holdings; 100% means identical portfolios.

Weighted holdings overlap between each pair of funds
FundVWOIEMG
VWO Same fund 69.8%at least
IEMG 69.8%at least Same fund

VWO and IEMG

Weighted overlap
69.8%
At least; up to 77.4% with unstored holdings
Holdings in common
1,513
1,942 in VWO, 1,997 in IEMG
VWO holdings also in IEMG
77.9% by count
88.2% of VWO by weight
IEMG holdings also in VWO
75.8% by count
71.3% of IEMG by weight

Common holdings matched: 1,513 by ISIN, 0 by CUSIP and 0 by issuer name. Holdings as of 31 Jul 2026 (VWO) and 31 May 2026 (IEMG); the reports are for different month ends. Only each fund's largest 2,000 positions are stored, so overlap among the smallest positions is not counted.

Largest positions held by both VWO and IEMG
HoldingWeight in VWOWeight in IEMGOverlapMatched by
Taiwan Semiconductor Manufacturing Co LtdTSMC TW0002330008 15.56% 12.49% 12.49% ISIN
Tencent Holdings Ltd KYG875721634 3.31% 2.37% 2.37% ISIN
Alibaba Group Holding LtdBABA-W KYG017191142 2.41% 1.82% 1.82% ISIN
MediaTek Inc TW0002454006 1.36% 1.42% 1.36% ISIN
Delta Electronics Inc TW0002308004 0.82% 1.02% 0.82% ISIN
Hon Hai Precision Industry Co Ltd TW0002317005 0.81% 0.79% 0.79% ISIN
China Construction Bank CorpCCB-H CNE1000002H1 0.90% 0.71% 0.71% ISIN
HDFC Bank Ltd INE040A01034 0.78% 0.61% 0.61% ISIN
Reliance Industries Ltd INE002A01018 0.80% 0.58% 0.58% ISIN
ICICI Bank Ltd INE090A01021 0.69% 0.48% 0.48% ISIN
How overlap is measured

Each fund's latest public Form N-PORT report lists its positions with the percent of net assets each one makes up. For every security both funds hold, the smaller of its two weights is counted, and those are added up. If fund A holds a stock at 6% and fund B at 4%, that stock adds 4 percentage points.

Securities are matched by ISIN first, then by CUSIP (a US or Canadian ISIN contains the CUSIP), and only as a last resort by issuer name, for non-debt holdings where one fund gives no identifier. Repeated lines of the same security in one fund are added together, and each security is matched once.

Cash funds, repurchase agreements, derivative contracts and short positions are left out because their reported value is not comparable exposure. For funds with more than 2,000 positions only the largest 2,000 are stored, so the result is a lower bound and the possible extra is shown. Reports can be for different month ends, and funds trade between reports.

The count-based shares show how many of one fund's holdings the other also holds, which can be high even when overlap by weight is low. Read more in where the ETF data comes from.

Currency exposure

Weight of holdings denominated in each currency
CurrencyVWOIEMG
New Taiwan dollar (TWD) 30.5% 26.2%
Hong Kong dollar (HKD) 20.0% 15.2%
Indian rupee (INR) 16.9% 12.0%
South Korean won (KRW) Below the top 12 or none 22.1%
US dollar (USD) 5.5% 7.6%
Chinese yuan (CNY) 6.3% 3.1%
Brazilian real (BRL) 4.2% 3.4%
South African rand (ZAR) 3.6% 2.7%
Saudi riyal (SAR) 3.0% 2.5%
Mexican peso (MXN) 2.2% 1.7%
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