VEU vs IEMG overlap
VEU and IEMG overlap 30.4% by weight, across 1,526 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (VEU: July 31, 2026, IEMG: May 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | VEU | IEMG | Overlap |
|---|---|---|---|
| TSMC2330 | 4.43% | 12.49% | 4.43% |
| Samsung Electron005930 | 1.99% | 6.80% | 1.99% |
| SK Hynix Inc.000660 | 1.56% | 5.82% | 1.56% |
| Tencent700 | 0.95% | 2.37% | 0.95% |
| BABA-W9988 | 0.69% | 1.82% | 0.69% |
| Mediatek2454 | 0.39% | 1.42% | 0.39% |
| CCB-H939 | 0.25% | 0.71% | 0.25% |
| Samsung ELE-PREF005935 | 0.25% | 0.74% | 0.25% |
| Delta ELEC2308 | 0.23% | 1.02% | 0.23% |
| HON HAI2317 | 0.23% | 0.79% | 0.23% |
| Reliance IndustrRELIANC | 0.23% | 0.58% | 0.23% |
| HDFC Bank Ltd.HDFCB | 0.22% | 0.61% | 0.22% |
| Icici Bank Ltd.ICICIBC | 0.20% | 0.48% | 0.20% |
| ICBC-H1398 | 0.19% | 0.38% | 0.19% |
| PDD Holdings Inc.PDD | 0.17% | 0.41% | 0.17% |
Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: VEU, SEC Form N-PORT, July 31, 2026; IEMG, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | VEU | IEMG |
|---|---|---|
| Bank of America Corp. | $2.9B | $18.4B |
| Morgan Stanley | $2.0B | $10.6B |
| Wells Fargo & Company | $782.6M | $7.5B |
| Creative Planning | $125.4M | $6.5B |
| Envestnet Asset Management Inc. | $920.7M | $5.7B |
| LPL Financial LLC | $335.2M | $4.0B |
| JPMorgan Chase & Co | $151.3M | $3.8B |
| UBS Group AG | $741.0M | $3.1B |
| BlackRock, Inc. | $18.6M | $3.7B |
| Wealthfront Advisers LLC | $18.8M | $3.4B |
| US Bancorp | $125.3M | $2.4B |
| Goldman Sachs Group Inc. | $261.3M | $2.2B |
| Raymond James Financial Inc. | $505.7M | $1.7B |
| Jones Financial Companies LLLP | $306.9M | $1.8B |
| PNC Financial Services Group, Inc. | $701.6M | $1.3B |
This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.
Who owns them: VEU institutional holders, IEMG institutional holders.
Frequently asked questions
How much do VEU and IEMG overlap?
30.4% by weight, with 1,526 holdings in common, using holdings for VEU as of July 31, 2026 and IEMG as of May 31, 2026. The largest shared position is 2330.
Do institutions hold both VEU and IEMG?
1,032 Form 13F filers report positions in both, out of 3,005 that report either one.
How is overlap by weight worked out?
For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.