IEMG vs VXUS Overlap

IEMG is an emerging-markets equity ETF from IShares, while VXUS is an international equity ETF from Vanguard. IEMG and VXUS show limited overlap, with an estimated weighted overlap of 0.22%. They share 71 holdings in the loaded dataset, led by 2836.TW, 2820.TW, and TGA.JO.

0.2% overlap
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71Shared Holdings
OK
Low Overlap

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Quick Answer

IEMG is an emerging-markets equity ETF from IShares, while VXUS is an international equity ETF from Vanguard. IEMG and VXUS show limited overlap, with an estimated weighted overlap of 0.22%. They share 71 holdings in the loaded dataset, led by 2836.TW, 2820.TW, and TGA.JO.

  • 0.22% weighted overlap across 71 shared holdings.
  • The top three shared holdings explain 10.91% of the measured overlap.
  • VXUS is the broader fund, while IEMG is more targeted.
  • The overlap is mostly explained by the top shared positions rather than sector labels alone.
  • Holding both can still add materially different exposure.

Data Freshness

IEMG holdings
Mar 12, 2026
VXUS holdings
Mar 12, 2026
Overlap computed
Mar 13, 2026
Data source
Financial Modeling Prep

Review the methodology for the overlap formula and refresh policy.

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About These ETFs

ETF A

IEMG

iShares Core MSCI Emerging Markets ETF

Issuer
IShares
Asset class
Equity
Expense ratio
0.09%
AUM
$140B
Inception
Oct 18, 2012

ETF B

VXUS

Vanguard Total International Stock ETF

Issuer
Vanguard
Asset class
International Equity
Expense ratio
0.05%
AUM
$606B
Inception
Jan 26, 2011

What Stands Out In This Comparison

01

What This Means

IEMG is an emerging-markets equity ETF from IShares, while VXUS is an international equity ETF from Vanguard. IEMG and VXUS do not own much of the same portfolio weight. That usually means you are combining different parts of the market, with only a small amount of duplication through names like 2836.TW, 2820.TW, and TGA.JO.

02

How They Differ

IEMG is an emerging-markets equity ETF from IShares, while VXUS is an international equity ETF from Vanguard. VXUS is the broader fund, while IEMG is the more targeted sleeve. VXUS has the lower expense ratio, while IEMG charges more for its exposure.

03

What Drives The Overlap

The overlap is driven by a relatively small set of large shared positions. The top three shared holdings account for 10.91% of the score, which means the result is heavily influenced by the biggest common weights rather than a long tail of tiny positions.

04

When One May Fit Better

If you want the broader portfolio building block, VXUS is usually the wider choice. If you want the more focused tilt, IEMG is the narrower expression. VXUS has the lower expense ratio, while IEMG charges more for its exposure.

Overlap Driver Snapshot

Concentration

The top three shared holdings explain 10.91% of the full overlap score.

That helps show whether the score comes from a handful of giant shared positions or from a broader mix of common holdings.

Shared Sector Tilt

Sector tags are not consistently available for the biggest shared positions in this dataset, so this comparison leans more on the specific holdings than on sector labels.

Top Shared Holdings

These are the holdings contributing the most to the overlap score between IEMG and VXUS.

HoldingIEMG Wt.VXUS Wt.Overlap
2836.TW0.01%0.02%0.01%
2820.TW0.01%0.02%0.01%
TGA.JO0.01%0.01%0.01%
688036.SS0.01%0.02%0.01%
FINV0.01%0.02%0.01%
056190.KQ0.01%0.02%0.01%
600109.SS0.01%0.02%0.01%
601567.SS0.01%0.02%0.01%
TEJASNET.BO0.01%0.02%0.01%
001680.KS0.00%0.02%0.00%

Why These ETFs Overlap

IEMG is an emerging-markets equity ETF from IShares, while VXUS is an international equity ETF from Vanguard. The overlap exists because both funds allocate meaningful weight to the same holdings. In this dataset, the biggest shared drivers are 2836.TW, 2820.TW, and TGA.JO, which appear in both portfolios and push the overlap score higher.

Holding both IEMG and VXUS can make sense if you want exposure to different sleeves of the market. The overlap is small enough that both funds may still improve diversification.

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Frequently Asked Questions About IEMG and VXUS

What is the overlap between IEMG and VXUS?+
IEMG and VXUS currently show an estimated weighted overlap of 0.22% based on the loaded holdings data.
How many holdings do IEMG and VXUS share?+
They share 71 holdings in the current dataset.
Is the IEMG and VXUS overlap high?+
The current verdict is Low Overlap. That means the two ETFs have limited duplication in portfolio weight.
Why do IEMG and VXUS overlap?+
IEMG and VXUS overlap because the same large positions appear in both funds. In this comparison, the top three shared holdings explain 10.91% of the measured overlap score.
Which ETF is broader, IEMG or VXUS?+
VXUS is the broader fund, while IEMG is the more targeted sleeve. That does not automatically make one better, but it helps explain why the pair can overlap while still serving different roles.

How Overlap Is Calculated

A straightforward approach used by portfolio analysts.

Overlap = sum(min(Weight_A, Weight_B)) for each shared holding

For every stock that appears in both ETFs, we take the smaller of the two weights. Adding up all those minimums gives the total overlap percentage. A score of 100% means the two ETFs hold the exact same stocks in the same proportions.

Want the full explanation? Read the methodology page.

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