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ETF comparison

CWI vs IEMG

International Total vs International Emerging.

State Street SPDR MSCI ACWI ex-US ETF · iShares Core MSCI Emerging Markets ETF

Holdings overlap

Weighted by ISIN/CUSIP
20.4 %

508 positions appear in both funds. Buying equal dollars of CWI and IEMG would leave roughly 20.4% of each dollar exposed to the same underlying securities.

CWI unmatched 78.7% Shared 20.4% IEMG unmatched 79.1%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In CWI only
624 positions
Shared
508 positions
In IEMG only
2,159 positions

Side by side

CWI

State Street SPDR MSCI ACWI ex-US ETF

State Street · International Total

76 composite / 100
Expense ratio
0.30%
Net assets
$2.85B
TTM yield
2.79%
Top-10 conc.
18.1%
IEMG

iShares Core MSCI Emerging Markets ETF

iShares · International Emerging

86 composite / 100
Expense ratio
0.090%
Net assets
$160.08B
TTM yield
2.37%
Top-10 conc.
34.0%

Sub-score comparison

70
Cost
91
77
Tax efficiency
76
76
Liquidity
100
88
Concentration
66
—
Tracking quality
—
CWI sub-score IEMG

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

IEMG is 21 bps cheaper than CWI. On a $100,000 position that's about $210/yr more in fees for CWI.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with CWI vs IEMG.

Top shared holdings

508 shared in total
# Holding In CWI In IEMG Overlap
1 SK hynix Inc 2.56% 5.82% 2.56%
2 Tencent Holdings Ltd 0.89% 2.37% 0.89%
3 Alibaba Group Holding Ltd 0.52% 1.82% 0.52%
4 MediaTek Inc 0.49% 1.42% 0.49%
5 Delta Electronics Inc 0.45% 1.02% 0.45%
6 SK Square Co Ltd 0.26% 0.53% 0.26%
7 China Construction Bank Corp 0.23% 0.71% 0.23%
8 HDFC Bank Ltd 0.23% 0.61% 0.23%
9 ASE Technology Holding Co Ltd 0.19% 0.44% 0.19%
10 Yageo Corp 0.18% 0.26% 0.18%
11 Samsung Electro-Mechanics Co Ltd 0.17% 0.54% 0.17%
12 Samsung Electronics Co Ltd 0.16% 0.74% 0.16%

Only in CWI

624 total
  • Taiwan Semiconductor Manufacturing Co Ltd 5.38%
  • Samsung Electronics Co Ltd 2.90%
  • ASML Holding NV 2.12%
  • HSBC Holdings PLC 0.95%
  • Royal Bank of Canada 0.90%
  • Roche Holding AG 0.82%
  • Novartis AG 0.79%
  • AstraZeneca PLC 0.76%
  • Nestle SA 0.72%
  • Siemens AG 0.69%

Only in IEMG

2,159 total
  • Taiwan Semiconductor Manufacturing Company Limited 12.49%
  • Samsung Electronics Co., Ltd. 6.80%
  • HON HAI PRECISION INDUSTRY CO., LTD. 0.79%
  • RELIANCE INDUSTRIES LIMITED 0.58%
  • ICICI BANK LIMITED 0.48%
  • United Microelectronics Corporation 0.35%
  • Itau Unibanco Holding S.A. 0.29%
  • INFOSYS LIMITED 0.27%
  • Petroleo Brasileiro S.A. (Petrobras) 0.26%
  • Petroleo Brasileiro S.A. (Petrobras) 0.24%

Percentages are holdings overlap with the named fund.

Open CWI or IEMG at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.