VWO vs IEMG: holdings overlap, shared companies and scores
As of September 11, 2026, VWO and IEMG overlap 70.4% by weight. Vanguard FTSE Emerging Markets ETF (VWO): Emerging market stocks. iShares Core MSCI Emerging Markets ETF (IEMG): Broad emerging market equities.
Updated September 11, 2026
How much do VWO and IEMG overlap?
As of September 11, 2026, VWO and IEMG overlap 70.4% by weight.
91% of VWO is already inside IEMG.
74% of IEMG is already inside VWO.
VWO holds 5,045 companies and IEMG holds 2,796; 2,174 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score VWO and IEMG?
As of September 11, 2026, ETF Copilot scores VWO 5.2 out of 10 and IEMG 6.5 out of 10.
They differ most on Risk: VWO 3.0 and IEMG 5.7.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | VWO | IEMG |
|---|---|---|
| Growth | 8.5 | 9.4 |
| Valuation | 3.6 | 3.7 |
| Risk | 3.0 | 5.7 |
| Quality | 7.5 | 8.2 |
| Return | 2.8 | 5.0 |
VWO is the cheaper of the two at 0.06% a year
As of September 11, 2026, VWO charges 0.06% a year, yields 2.62% and holds $162.3B in assets across 5045 positions.
As of September 11, 2026, IEMG charges 0.09% a year, yields 2.35% and holds $163.8B in assets across 2796 positions.
| Measure | VWO | IEMG |
|---|---|---|
| Expense ratio | 0.06% | 0.09% |
| Dividend yield | 2.62% | 2.35% |
| Assets under management | $162.3B | $163.8B |
| Holdings | 5045 | 2796 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Where VWO and IEMG trade against their own history
VWO trades at 14.9 times earnings, against its own median of 13.2, and is more expensive than 82% of its own 114 monthly readings since 2017.
IEMG trades at 14.3 times earnings, against its own median of 13.0, and is more expensive than 78% of its own 114 monthly readings since 2017.
What moved VWO this week
VWO fell 1.0% in the week to September 11, 2026. The holdings that moved it most were Alibaba (−3.1%), Delta Elec (−7.0%) and Reliance Industries (−4.5%); Taiwan Semiconductor (+1.9%) pushed the other way.
What do VWO and IEMG each hold?
What's inside VWO: Tech 14%, Semiconductors 5%.
29% of VWO is its ten largest holdings.
What's inside IEMG: Tech 27%, Memory 15%.
34% of IEMG is its ten largest holdings.
Compare with similar funds
Cite this
ETF Copilot, “VWO vs IEMG holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/vwo-vs-iemg
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