etf overlap · light overlap
VWCE vs EIMI overlap
12% of VWCE and EIMI is the same money, spread over 1,535 companies both funds hold.
Holdings as of September 30, 2026 · source: Vanguard (VWCE), iShares (EIMI) · How we measured all 1,431 pairs
- same money
- same companies, extra weight
- only in this fund
What only one of them gives you
AMZNAmazon.com Inc2.27%Where each fund puts its money
VWCE and EIMI: what people ask
How much do VWCE and EIMI overlap?
12% by weight, as of September 30, 2026: light overlap. 1,535 companies appear in both funds; they make up 12% of VWCE and 90% of EIMI.
Which stocks do VWCE and EIMI both hold?
The largest shared positions are 2330, 005930, 000660, 700 and 9988. Ranked by the smaller of the two weights, which is the part you would own twice.
Is it redundant to hold both VWCE and EIMI?
Out of every €100 split evenly between them, about €12 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 2,260 names only in VWCE, 1,353 only in EIMI. Half in each behaves like 91 equally weighted stocks, against 107 for VWCE alone and 37 for EIMI alone. Whether that duplication is a problem depends on the mix you want; this is a description, not advice.
Do VWCE and EIMI track the same index?
No. VWCE (ISIN IE00BK5BQT80) tracks the FTSE All-World index, EIMI (ISIN IE00BKM4GZ66) the MSCI Emerging Markets IMI. As of September 30, 2026, 2,260 companies are only in VWCE (87% of the fund) and 1,353 only in EIMI (9.3% of it).
Does the VWCE vs EIMI overlap apply to other tickers?
Yes. VWCE also trades as VWRA (London, USD) and VWRP (London, GBP), and VWRL (ISIN IE00B3RBWM25) is its distributing share class. EIMI also trades as EMIM (London, GBP; Euronext Amsterdam, EUR) and IS3N (Xetra, EUR). Each is the same portfolio in another currency, on another exchange or paying its dividends out, so VWRA vs IS3N also overlaps 12%.
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 Vanguard and 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.
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.