ETF Overlap Tool
Enter up to six ETFs to see how much of each is the same securities. Overlap by weight is the sum, over every holding two funds share, of the smaller of the two weights: 100% means identical portfolios, 0% means nothing in common.
Overlap by weight
207 holdings in all 2 funds| Fund | JHEM | PXH | Positions | Holdings |
|---|---|---|---|---|
| JHEMJohn Hancock Multifactor Emerging Markets ETF | — | 40% 207 shared |
953 | as of Jun 30, 2026SEC filing |
| PXHInvesco RAFI Emerging Markets ETF | 40% 207 shared | — | 346 | as of Oct 20, 2026issuer data |
Each cell: overlap by weight, and how many positions the two funds share. Stocks, funds and bonds are compared, a bond by its own identifier and a Treasury bill by its maturity date; cash and derivatives are not, and a fund that is partly either shows how much of it is compared.
Held by both funds
40.5% common weight| Holding | JHEM | PXH | Smallest |
|---|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 4.48% | 5.64% | 4.48% |
| Tencent Holdings Limited | 2.23% | 2.18% | 2.18% |
| MediaTek Inc. | 2.38% | 1.73% | 1.73% |
| Hon Hai Precision Industry Co. Ltd. | 1.07% | 2.48% | 1.07% |
| China Construction Bank Corporation | 0.81% | 2.66% | 0.81% |
| Reliance Industries Limited | 0.77% | 0.93% | 0.77% |
| Vale S.A. | 0.74% | 1.89% | 0.74% |
| Ase Technology Holding Co. Ltd. | 0.94% | 0.73% | 0.73% |
| United Microelectronics Corporation | 0.72% | 0.82% | 0.72% |
| HDFC Bank Limited | 0.70% | 0.70% | 0.70% |
| ICICI Bank Limited | 0.67% | 0.64% | 0.64% |
| Industrial and Commercial Bank of China Limited | 0.52% | 2.04% | 0.52% |
| Bank of China Limited | 0.47% | 1.63% | 0.47% |
| Lenovo Group Limited | 0.46% | 0.64% | 0.46% |
| CTBC Financial Holding Co. Ltd. | 0.52% | 0.45% | 0.45% |
| Fubon Financial Holding Co. Ltd. | 0.41% | 0.53% | 0.41% |
| Nan Ya Plastics Corporation | 0.40% | 0.91% | 0.40% |
| Ping An Insurance (Group) Company of China Ltd. | 0.38% | 1.24% | 0.38% |
| FirstRand Limited | 0.36% | 0.38% | 0.36% |
| MTN Group Limited | 0.49% | 0.36% | 0.36% |
| Cathay Financial Holding Co. Ltd. | 0.35% | 0.42% | 0.35% |
| Standard Bank Group | 0.34% | 0.38% | 0.34% |
| Meituan | 0.34% | 0.54% | 0.34% |
| Grupo Mexico S.A.B. de C.V. | 0.34% | 0.51% | 0.34% |
| Infosys Limited | 0.32% | 0.57% | 0.32% |
| Delta Electronics Inc. | 0.65% | 0.32% | 0.32% |
| Axis Bank Limited | 0.32% | 0.31% | 0.31% |
| BYD Company Limited | 0.30% | 0.35% | 0.30% |
| America Movil S.A.B. de C.V. | 0.29% | 0.43% | 0.29% |
| Baidu Inc. | 0.28% | 0.49% | 0.28% |
| Unimicron Technology Corp. | 0.74% | 0.28% | 0.28% |
| PetroChina Company Limited | 0.28% | 1.09% | 0.28% |
| The Saudi National Bank | 0.28% | 0.27% | 0.27% |
| TS Financial Holding Co. Ltd. | 0.42% | 0.27% | 0.27% |
| Grupo Financiero Banorte S.A.B. de C.V. | 0.27% | 0.53% | 0.27% |
| Bharti Airtel Limited | 0.46% | 0.24% | 0.24% |
| Trip.com Group Limited | 0.25% | 0.24% | 0.24% |
| Agricultural Bank of China Limited | 0.23% | 0.73% | 0.23% |
| Saudi Telecom Company | 0.29% | 0.22% | 0.22% |
| Hindalco Industries Limited | 0.22% | 0.27% | 0.22% |
| Zhen Ding Technology Holding Limited | 0.22% | 0.24% | 0.22% |
| Zijin Mining Group Company Limited | 0.22% | 0.22% | 0.22% |
| China Merchants Bank Co. Ltd. | 0.21% | 0.91% | 0.21% |
| Bank of Communications Co. Ltd. | 0.20% | 0.42% | 0.20% |
| State Bank of India | 0.20% | 0.36% | 0.20% |
| Al Rajhi Banking and Investment Corporation | 0.42% | 0.20% | 0.20% |
| Larsen and Toubro Limited | 0.20% | 0.27% | 0.20% |
| NTPC Limited | 0.20% | 0.23% | 0.20% |
| Lite-On Technology Corporation | 0.26% | 0.20% | 0.20% |
| Yageo Corporation | 0.99% | 0.19% | 0.19% |
| Mega Financial Holding Co. Ltd. | 0.19% | 0.22% | 0.19% |
| China Shenhua Energy Company Limited | 0.19% | 0.46% | 0.19% |
| Tata Steel Limited | 0.19% | 0.29% | 0.19% |
| Geely Automobile Holdings Limited | 0.19% | 0.21% | 0.19% |
| Tata Consultancy Services Limited | 0.19% | 0.29% | 0.19% |
| E. Sun Financial Holding Company Ltd. | 0.20% | 0.19% | 0.19% |
| Malayan Banking Berhad | 0.18% | 0.21% | 0.18% |
| Wistron Corporation | 0.18% | 0.34% | 0.18% |
| GFI | 0.32% | 0.18% | 0.18% |
| China Pacific Insurance (Group) Co. Ltd. | 0.18% | 0.22% | 0.18% |
Reading overlap
Two funds with 80% overlap move together and holding both mostly doubles one exposure and both fees. Low overlap is not the same as diversification: two funds can share no holdings and still be driven by the same factor. To see what a whole portfolio owns, use the portfolio x-ray.
Holdings come from each issuer's daily file where we have one and otherwise from the fund's latest SEC filing, so the two sides of a comparison can be from different dates. The table shows each fund's date.
Bond funds are matched issue by issue: two Treasury funds overlap only where they hold the same bill, note or bond. A fund of short-dated bills replaces its whole portfolio every few months, so holdings from an older filing may have matured; the table says when they have.
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.