etf overlap · little overlap

EEM vs SMEA overlap

EEM and SMEA hold no company in common. Still, 60% of their money sits in the same sectors, led by Financials; they part most on Information Technology: 44% of EEM against 9.4% of SMEA.

Holdings as of September 24, 2026 · source: iShares (EEM), iShares (SMEA) · How we measured all 1,431 pairs

overlapfull holdings, by weight
0.0%of each fund is money the other holds at the same weight, across 0 shared companies.
EEM
100%
SMEA
100%
  • same money
  • same companies, extra weight
  • only in this fund
Overlap = the sum, over companies both funds hold, of the smaller of the two weights. Cash and derivatives excluded.
01Different

What only one of them gives you

only in EEM1,169 names
232330TAIWAN SEMICONDUCTOR MANUFACTURING15.32%
00005930SAMSUNG ELECTRONICS LTD7.81%
00000660SK HYNIX6.02%
70700TENCENT HOLDINGS2.74%
242454MEDIATEK1.92%
999988ALIBABA GROUP HOLDING1.88%
00005935SAMSUNG ELECTRONICS NON VOTING PRE1.03%
232308DELTA ELECTRONICS0.93%
only in SMEA385 names
ASASMLASML HOLDING4.87%
HSHSBAHSBC HOLDINGS PLC2.38%
SHSHELSHELL2.20%
NONOVNNOVARTIS AG1.98%
AZAZNASTRAZENECA PLC1.81%
NENESNNESTLE SA1.79%
SASAPSAP1.64%
02Sectors

No stock in common, 60% in the same sectors

sectorsEEM vs SMEA, share of each fund
Information Technology44.05%9.41%
Financials19.12%24.71%
Industrials6.31%18.18%
Health Care2.63%12.91%
Consumer Discretionary7.40%5.97%
Materials5.76%5.46%
Consumer Staples2.55%8.63%
Energy3.39%5.76%
Communication Services5.83%3.00%
Utilities1.83%4.85%
Real Estate0.94%0.53%
03Questions

EEM and SMEA: what people ask

questions6 answered

How much do EEM and SMEA overlap?

None by holdings, as of September 24, 2026: no company appears in both funds. By sector, 60% of their money sits in the same sectors, led by Financials.

Which stocks do EEM and SMEA both hold?

None. EEM and SMEA have no holding in common.

Is it redundant to hold both EEM and SMEA?

No. Out of every $100 split evenly between them, none buys the same company. Half in each gives you 1,554 different holdings that behave like 87 equally weighted stocks, against 28 for EEM alone and 104 for SMEA alone. Whether that mix suits you depends on what you want to own; this is a description, not advice.

What is SMEA, next to EEM?

SMEA is iShares Core MSCI Europe UCITS ETF EUR (Acc) (ISIN IE00B4K48X80), an Irish-domiciled UCITS fund on the MSCI Europe index. Next to EEM, it holds no company in common, as of September 24, 2026.

Does the EEM vs SMEA overlap apply to other tickers?

Yes. SMEA also trades as IMAE (Euronext Amsterdam, EUR) and EUNK (Xetra, EUR). Each is the same portfolio in another currency, on another exchange or paying its dividends out, so EEM and EUNK share no company either.

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 SMEA?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.