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
175 holdings in all 3 funds| Fund | PXH | FNDE | JHEM | Positions | Holdings |
|---|---|---|---|---|---|
| PXHInvesco RAFI Emerging Markets ETF | — | 57% 202 shared | 40% 207 shared |
346 | as of Oct 20, 2026issuer data |
| FNDESchwab Fundamental Emerging Markets Equity ETF | 57% 202 shared | — | 45% 232 shared |
354 | as of May 31, 2026SEC filing |
| JHEMJohn Hancock Multifactor Emerging Markets ETF | 40% 207 shared | 45% 232 shared | — | 953 | as of Jun 30, 2026SEC filing |
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 all 3 funds
35.3% common weight| Holding | PXH | FNDE | JHEM | Smallest |
|---|---|---|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 5.64% | 6.48% | 4.48% | 4.48% |
| MediaTek Inc | 1.73% | 1.79% | 2.38% | 1.73% |
| Tencent Holdings Ltd | 2.18% | 1.51% | 2.23% | 1.51% |
| Hon Hai Precision Industry Co Ltd | 2.48% | 3.31% | 1.07% | 1.07% |
| China Construction Bank Corp | 2.66% | 2.38% | 0.81% | 0.81% |
| Reliance Industries Ltd | 0.93% | 0.80% | 0.77% | 0.77% |
| Vale SA | 1.89% | 3.03% | 0.74% | 0.74% |
| ASE Technology Holding Co Ltd | 0.73% | 1.20% | 0.94% | 0.73% |
| United Microelectronics Corp | 0.82% | 1.15% | 0.72% | 0.72% |
| Industrial & Commercial Bank of China Ltd | 2.04% | 1.28% | 0.52% | 0.52% |
| Bank of China Ltd | 1.63% | 1.19% | 0.47% | 0.47% |
| Lenovo Group Ltd | 0.64% | 0.73% | 0.46% | 0.46% |
| HDFC Bank Ltd | 0.70% | 0.44% | 0.70% | 0.44% |
| ICICI Bank Ltd | 0.64% | 0.42% | 0.67% | 0.42% |
| CTBC Financial Holding Co Ltd | 0.45% | 0.41% | 0.52% | 0.41% |
| Nan Ya Plastics Corp | 0.91% | 0.49% | 0.40% | 0.40% |
| Ping An Insurance Group Co of China Ltd | 1.24% | 1.11% | 0.38% | 0.38% |
| FirstRand Ltd | 0.38% | 0.43% | 0.36% | 0.36% |
| MTN Group Ltd | 0.36% | 0.62% | 0.49% | 0.36% |
| Standard Bank Group Ltd | 0.38% | 0.45% | 0.34% | 0.34% |
| Fubon Financial Holding Co Ltd | 0.53% | 0.34% | 0.41% | 0.34% |
| Grupo Mexico SAB de CV | 0.51% | 0.66% | 0.34% | 0.34% |
| Infosys Ltd | 0.57% | 0.45% | 0.32% | 0.32% |
| Delta Electronics Inc | 0.32% | 0.77% | 0.65% | 0.32% |
| America Movil SAB de CV | 0.43% | 0.68% | 0.29% | 0.29% |
| Baidu Inc | 0.49% | 0.60% | 0.28% | 0.28% |
| Unimicron Technology Corp | 0.28% | 0.59% | 0.74% | 0.28% |
| PetroChina Co Ltd | 1.09% | 1.25% | 0.28% | 0.28% |
| Axis Bank Ltd | 0.31% | 0.27% | 0.32% | 0.27% |
| Grupo Financiero Banorte SAB de CV | 0.53% | 0.46% | 0.27% | 0.27% |
| Cathay Financial Holding Co Ltd | 0.42% | 0.26% | 0.35% | 0.26% |
| Meituan | 0.54% | 0.24% | 0.34% | 0.24% |
| Bharti Airtel Ltd | 0.24% | 0.25% | 0.46% | 0.24% |
| Agricultural Bank of China Ltd | 0.73% | 0.42% | 0.23% | 0.23% |
| Saudi Telecom Co | 0.22% | 0.32% | 0.29% | 0.22% |
| Hindalco Industries Ltd | 0.27% | 0.41% | 0.22% | 0.22% |
| Zhen Ding Technology Holding Ltd | 0.24% | 0.34% | 0.22% | 0.22% |
| BYD Co Ltd | 0.35% | 0.22% | 0.30% | 0.22% |
| China Merchants Bank Co Ltd | 0.91% | 0.40% | 0.21% | 0.21% |
| State Bank of India | 0.36% | 0.30% | 0.20% | 0.20% |
| Saudi National Bank/The | 0.27% | 0.20% | 0.28% | 0.20% |
| Larsen & Toubro Ltd | 0.27% | 0.28% | 0.20% | 0.20% |
| Bank of Communications Co Ltd | 0.42% | 0.20% | 0.20% | 0.20% |
| NTPC Ltd | 0.23% | 0.28% | 0.20% | 0.20% |
| Lite-On Technology Corp | 0.20% | 0.21% | 0.26% | 0.20% |
| Yageo Corp | 0.19% | 0.44% | 0.99% | 0.19% |
| China Shenhua Energy Co Ltd | 0.46% | 0.41% | 0.19% | 0.19% |
| Zijin Mining Group Co Ltd | 0.22% | 0.19% | 0.22% | 0.19% |
| Tata Steel Ltd | 0.29% | 0.40% | 0.19% | 0.19% |
| Geely Automobile Holdings Ltd | 0.21% | 0.23% | 0.19% | 0.19% |
| Tata Consultancy Services Ltd | 0.29% | 0.22% | 0.19% | 0.19% |
| Malayan Banking Bhd | 0.21% | 0.21% | 0.18% | 0.18% |
| Wistron Corp | 0.34% | 0.32% | 0.18% | 0.18% |
| GFI | 0.18% | 0.25% | 0.32% | 0.18% |
| China Resources Land Ltd | 0.36% | 0.39% | 0.17% | 0.17% |
| Novatek Microelectronics Corp | 0.27% | 0.19% | 0.17% | 0.17% |
| Chunghwa Telecom Co Ltd | 0.31% | 0.25% | 0.17% | 0.17% |
| China Pacific Insurance Group Co Ltd | 0.22% | 0.17% | 0.18% | 0.17% |
| Al Rajhi Bank | 0.20% | 0.16% | 0.42% | 0.16% |
| Wal-Mart de Mexico SAB de CV | 0.25% | 0.27% | 0.16% | 0.16% |
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.