etf overlap · heavy overlap
VWO vs EEM overlap
72% of VWO and EEM is the same money, spread over 1,035 companies both funds hold.
Holdings as of August 31, 2026 · source: Vanguard (VWO), iShares (EEM)
- same money
- same companies, extra weight
- only in this fund
What only one of them gives you
Where each fund puts its money
VWO and EEM: what people ask
How much do VWO and EEM overlap?
72% by weight, as of August 31, 2026: heavy overlap. 1,035 companies appear in both funds; they make up 77% of VWO and 75% of EEM.
Which stocks do VWO and EEM both hold?
The largest shared positions are 2330, 700, 9988, 2454 and 2308. Ranked by the smaller of the two weights, which is the part you would own twice.
Is it redundant to hold both VWO and EEM?
Out of every $100 split evenly between them, about $72 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 3,961 names only in VWO, 134 only in EEM. Whether that duplication is a problem depends on the mix you want; this is a description, not advice.
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.
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.