EEM vs IEMG: Complete Comparison

iShares MSCI Emerging Markets ETF vs iShares Core MSCI Emerging Markets ETF โ€” overlap, correlation, performance & risk analysis

Holdings Overlap
87.19%
Very High Overlap
Shared Holdings
14 of 20
Complete portfolio analysis
Calculation Method
Min Weight
Weighted intersection

Visual Overlap

EEM
IEMG
87.2%
EEM Only
Overlap
IEMG Only

Price Performance

Historical price comparison over 3M

EEM Return
+10.79%
IEMG Return
+9.85%
Winner
EEM
+0.94%
Max Drawdown
EEM: -5.2%
IEMG: -5.2%
EEM Volatility (annualized)14.21%
IEMG Volatility (annualized)13.77%

๐Ÿ“ˆ Comparison

Metric
EEM
IEMG
1 Year Return
+12.8%
+14.2%โœ“
3 Year Return
+2.5%
+2.2%
5 Year Return
+5.2%
+5.8%โœ“
Volatility
22.80%
21.80%โœ“
Expense Ratio
0.68%
0.09%โœ“
โš ๏ธ Past performance does not guarantee future results. Data may be delayed.

โš ๏ธRisk Metrics

Metric
EEM
IEMG
Volatility
22.80%
21.80%โœ“
Sharpe Ratio
0.18
0.22
Sortino Ratio
0.25
0.28
Max Drawdown
-52.50%
-50.50%โœ“
Beta
0.95
0.92

Interpretation:

  • ๐Ÿ“Š Lower volatility = smoother ride
  • โšก Higher Sharpe/Sortino = better risk-adjusted returns
  • โš ๏ธ Smaller max drawdown = less worst-case pain
  • ๐Ÿ“ˆ Beta > 1 = more volatile than S&P 500

โš”๏ธ Comparison

0 - 8

๐Ÿ† IEMG wins this comparison

Key Factors

๐Ÿ’ฐ Expense Ratio
EEM:0.68%โœ“
vs
IEMG:0.09%โœ“
๐ŸŽฏ Number of Holdings
EEM:853 holdingsโœ“
vs
IEMG:2,679 holdingsโœ“
๐Ÿ“ˆ 5-Year Return
EEM:+5.2%
vs
IEMG:+5.8%
โ–ถAdditional Metrics (5)
โš–๏ธ Concentration Risk
EEM: 2.6% in top 10
IEMG: 2.3% in top 10
๐Ÿ“Š Assets Under Management
EEM: $22B
IEMG: $85B โœ“โœ“
โšก Sharpe Ratio
EEM: 0.18
IEMG: 0.22
๐Ÿ“‰ Volatility
EEM: 22.8%
IEMG: 21.8%
๐Ÿ” Uniqueness vs SPY
EEM: 100.0% unique
IEMG: 100.0% unique

Bottom line: IEMG wins with better expense ratio and number of holdings. Consider IEMG for your portfolio, but EEM is still a solid choice if you prefer its specific advantages.

Detailed Overlap Analysis

14 shared holdings representing 87.2% portfolio overlap

Top Shared Holdings

#StockEEM WeightIEMG WeightOverlap
1
PDD
PDD
0.83%0.80%0.80%
2
NU
NU
0.56%0.45%0.45%
3
AU
AU
0.40%0.33%0.33%
4
BAP
BAP
0.18%0.15%0.15%
5
YUMC
YUMC
0.17%0.14%0.14%
6
SCCO
SCCO
0.13%0.10%0.10%
7
TME
TME
0.10%0.11%0.10%
8
HTHT
HTHT
0.09%0.07%0.07%
9
BZ
BZ
0.08%0.07%0.07%
10
TGLFF
TGLFF
0.06%0.06%0.06%

Overlap by Sector

Other
14 stocks ยท 2.33% overlap

Showing top 5 sectors by overlap contribution

14
Shared Stocks
87.2%
Total Overlap
1
Sectors Represented

Top Holdings Only in EEM

Unique to EEM

โ†Scroll horizontally to see all dataโ†’
SymbolNameWeight
XPXP0.07%
VIPSVIPS0.06%
JBSJBS0.05%
TALTAL0.05%
BVNBVN0.04%

Top Holdings Only in IEMG

Unique to IEMG

โ†Scroll horizontally to see all dataโ†’
SymbolNameWeight
PAGSPAGS0.02%
INTRINTR0.02%
MOMOMOMO0.01%
IQIQ0.01%
JOYYJOYY0.01%

Price Correlation

How We Calculate Overlap

We use the minimum weight method with normalization to calculate portfolio overlap:

Overlap = ฮฃ min(weightA, weightB) for each shared holding

Normalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).

Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.

๐Ÿ“Š This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.

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