Data as of .
EMQQ vs ISHP: which is really different?
EMQQ and ISHP hold 16% of their weight in the same names, and ISHP returned more over the year.
ETFIQ Off-Index Score: EMQQ scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
16% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, EMQQ and ISHP hold 16% of their money in the same securities at the same weight.
| Holding | EMQQ | ISHP |
|---|---|---|
| NAVER Corporation | 2.75% | 1.94% |
| MercadoLibre, Inc. | 8.40% | 1.63% |
| COUPANG, INC. | 2.75% | 1.24% |
| KUAISHOU TECHNOLOGY | 1.33% | 1.21% |
| Allegro.eu SA | 0.74% | 2.11% |
| JD Health International Inc | 0.41% | 1.65% |
| Only in EMQQ | Only in ISHP |
|---|---|
| RELIANCE INDUSTRIES LIMITED 8.15% | A.P. Moeller - Maersk A/S (Class B) 2.36% |
| Alibaba Group Holding Limited 6.79% | LY Corp. 2.07% |
| PDD Holdings Inc. 6.23% | Cosco Shipping Holdings Company, Ltd. (Class H) 1.98% |
| SEA LIMITED 6.08% | Snap Inc. (Class A) 1.95% |
| Tencent Holdings Limited 5.95% | Best Buy Co., Inc. 1.93% |
| Nu Holdings Ltd. 5.66% | PayPal Holdings, Inc. 1.92% |
| MEITUAN 4.06% | Taiwan Mobile Co., Ltd. 1.92% |
| NETEASE, INC. 3.46% | Global Payments Inc. 1.90% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| EMQQ | ISHP | EMQQ | ISHP | EMQQ | ISHP | |
| 3 months | −0.1% | +2.5% | −2.4 pts | +0.3 pts | +2.4 pts | +5.0 pts |
| 6 months | −2.4% | +4.2% | −20.5 pts | −13.8 pts | −26.7 pts | −20.1 pts |
| 1 year | −30.5% | −19.2% | −47.1 pts | −35.8 pts | −52.3 pts | −41.0 pts |
| 3 years | +11.2% | +35.3% | −67.2 pts | −43.1 pts | −87.0 pts | −62.8 pts |
| Since launch | +32.8% | +91.9% | −322.8 pts | −226.2 pts | −634.5 pts | −465.2 pts |
| EMQQ EMQQ The Emerging Markets Internet ETF Holds 58 stocks in internet and e-commerce, 0% of its weight in S&P 500 companies | ISHP First Trust S-Network E-Commerce ETF Holds 66 stocks in internet and e-commerce, 40% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | EMQQ Global | First Trust |
| Theme | Internet and e-commerce | Internet and e-commerce |
| In the S&P 500 | 0.0% | 39.9% |
| Active share vs the S&P 500 | 100.0% | 92.6% |
| In the Nasdaq-100 | 14.6% | 20.3% |
| Holdings | 58 | 66 |
| Top ten, share of the fund | 58.1% | 20.1% |
| Expense ratio | 0.86% | 0.60% |
| Fee for the differing part | 0.86% | 0.65% |
| Total return, 1 year | −30.5% | −19.2% |
| vs the S&P 500 | −47.1 pts | −35.8 pts |
| vs the Nasdaq-100 | −52.3 pts | −41.0 pts |
| Below its high | −58.8% | −19.2% |
| Net assets | $264m | $5m |
EMQQ in plain words
By weight, 0% of EMQQ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 58% of the fund across 58 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned −30.5% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 47.1 pts. It sits 58.8% below its all-time high of Feb 17, 2021.
ISHP in plain words
By weight, 40% of ISHP's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 93%. The top ten holdings are 20% of the fund across 66 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned −19.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 35.8 pts. It sits 19.2% below its all-time high of Sep 18, 2025.
Questions people ask
- Do EMQQ and ISHP hold the same stocks?
- By their latest filings, 16% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, EMQQ or ISHP?
- EMQQ has 0% of its weight in S&P 500 names and ISHP has 40%, so EMQQ differs more from the index.
- Which is cheaper, EMQQ or ISHP?
- EMQQ charges 0.86% a year and ISHP charges 0.60%, so ISHP is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, EMQQ against ISHP, data as of Sep 18, 2026. https://etfiq.com/compare/themes/emqq-vs-ishp Free to use with attribution; the underlying files are at Open data.