# Portfolio overlap — DEMZX vs FRIEX Comparing **Nomura Emerging Markets Fund** (2026-02-27) and **Federated Hermes Emerging Markets Equity Fund** (2026-02-28). - Shared positions: 9 - Nomura Emerging Markets Fund covered by Federated Hermes Emerging Markets Equity Fund: 0.3369743108207819012641481383 - Federated Hermes Emerging Markets Equity Fund covered by Nomura Emerging Markets Fund: 0.3369743108207819012641481383 ## Nomura Emerging Markets Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | SK SQUARE CO LTD | 0.282336 | | | TSMC | 0.145956 | ✓ | | SK HYNIX INC | 0.140675 | ✓ | | SAMSUNG ELECTRONICS CO LTD | 0.070409 | ✓ | | SAMSUNG C&T CORP | 0.044232 | | | RELIANCE INDUSTRIES LTD(DEMAT)DEMATERIALIZED SHS | 0.028947 | ✓ | | ALIBABA GROUP HOLDING LTD SPON ADR | 0.026319 | | | MEDIATEK | 0.021613 | ✓ | | TENCENT HOLDINGS LTD | 0.015988 | ✓ | | RELIANC-GDR 144A | 0.012910 | | | HYUNDAI MOTOR CO | 0.011929 | | | SAMSUNG ELE-PREF | 0.010640 | | | SK TELEC-SPN ADR | 0.008165 | | | BAIDU INC SPON ADR | 0.007613 | | | PDD HOLDINGS INC ADR | 0.006812 | | | PETROLEO BRASIL-SP PREF ADR DEPOSITARY RECEIPT | 0.006789 | | | ASTRA INTERNATIO | 0.006448 | | | BRADESCO-ADR | 0.005961 | | | CEMEX SAB-SP ADR | 0.005740 | | | LUPIN LTD | 0.005691 | | | ITAU UNIBANCO HLDG SA SPON ADR | 0.005491 | ✓ | | FOMENTO ECONO MEX(FEMSA)SP ADR | 0.005457 | | | LG CHEM LTD | 0.004961 | | | Receive AKBANK Pay Overnight Rate -3 | 0.004615 | | | SAMSUNG LIFE INS | 0.004315 | | | GRUPO F BANORT-O | 0.004092 | | | BSE LTD | 0.004016 | | | American Beverage Co Ambev | 0.003838 | | | CREDICORP LTD | 0.003739 | | | BEONE MEDICINE-H | 0.003573 | | | America Movil S.A.B. de C.V. SPON ADS RP CL B | 0.003348 | | | SOHU.COM LTD SPONSORED ADR | 0.003299 | | | JD.COM INC SPON ADR | 0.002745 | | | FIT HON TENG LTD | 0.002744 | | | Empresa Brasileira de Aeronautica S.A. (ADR) | 0.002733 | | | Turkcell Iletisim Hizmetleri A/S ADR | 0.002698 | | | UNI-PRESIDENT CH | 0.002513 | | | IRSA INVERS Y REPRESENT SA ADR | 0.002512 | | | TRIP.COM GROUP LTD ADR | 0.002509 | | | GLENMARK PHARMA | 0.002468 | | | KB Financial Group Inc. ADR EACH REPR 1 ORD SHS | 0.002434 | | | SHINHAN FINANCIA | 0.002424 | | | TATA CONSUMER PR | 0.002401 | | | Tim S A SPONSORED ADR | 0.002398 | | | Compania de Minas Buenaventura S.A.A. SPONSORED ADR | 0.002373 | | | TELEFONICA BRASIL S.A. PREF ADR | 0.002353 | | | COCA COLA FEMSA S A B SPON ADR REP L | 0.002200 | | | NASPERS NPV | 0.002161 | | | Sociedad Quimica y Minera de Chile S A ADR(REPR 1 PRF SER'B') | 0.002059 | | | KUNLUN ENERGY | 0.002026 | | ## Federated Hermes Emerging Markets Equity Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | TSMC | 0.146912 | ✓ | | SK HYNIX INC | 0.074759 | ✓ | | SAMSUNG ELECTRONICS CO LTD | 0.064303 | ✓ | | TENCENT HOLDINGS LTD | 0.051793 | ✓ | | Federated Hermes Government Obligations Tax-Managed Fund, Institutional Class | 0.049837 | | | ZIJIN MINING-H | 0.048045 | | | BABA-W | 0.046514 | | | MERCADOLIBRE INC | 0.031058 | | | CAPITEC BANK HOLDINGS LTD COMMON STOCK | 0.029970 | | | NU HOLDINGS LTD/CAYMAN ISLANDS | 0.029342 | | | ASPEED TECH | 0.028845 | | | MEDIATEK | 0.027987 | ✓ | | KOREA AEROSPACE | 0.019765 | | | Gold Fields Ltd SPONSORED ADR | 0.019637 | | | MAX HEALTHCARE I | 0.018356 | | | KUAISHOU-W | 0.017946 | | | SAMSUNG ELECTRO | 0.016973 | | | PB FINTECH LTD | 0.016125 | | | Receive CONTEMPORARY A-A Pay Overnight Rate -1 | 0.015664 | | | NAURA TECH GR -A | 0.013364 | | | APR CORP/KOREA | 0.013117 | | | HANWHA AEROSPACE | 0.012455 | | | Zijin Gold International Company Limited | 0.011596 | | | BILIBILI INC-Z | 0.010786 | | | FRONTKEN CORP | 0.010455 | | | ADNOC DRILLING C | 0.010444 | | | Grab Holdings Ltd., Class A | 0.010172 | ✓ | | KE Holdings, Inc., Class A | 0.009610 | | | HDFC BANK LTD SPON ADR | 0.009538 | | | Southern Copper Corporation COM USD0.01 | 0.008962 | | | CHINA MERCHANTS BANK-H COMMON STOCK | 0.008212 | | | CCB-H | 0.008042 | | | PING AN-H | 0.008002 | | | COMMERCIAL INTL | 0.007885 | | | VARUN BEVERAGES | 0.007290 | | | NAC KAZATOMPROM JSC GDR RGS | 0.007287 | | | PKOBP | 0.007274 | | | ASELSAN | 0.006889 | | | ASE TECHNOLOGY H | 0.006395 | | | RELIANCE INDUSTRIES LTD(DEMAT)DEMATERIALIZED SHS | 0.006351 | ✓ | | TBC BANK GROUP P | 0.005892 | | | SAMSUNG BIOLOGIC | 0.005470 | | | Vale S.A. SPONS ADS REPR 1 COM NPV | 0.005299 | ✓ | | FABRINET | 0.005253 | | | ITAU UNIBANCO HLDG SA SPON ADR | 0.005129 | ✓ | | VISTA OIL GAS SAB DE CV ADR | 0.004675 | | | Zinka Logistics Solutions Ltd | 0.004510 | | | Embotelladora Andina SA PREFERRED STOCK | 0.004482 | | | ChinaAMC Hang Seng Biotech ETF | 0.004465 | | | NINGBO TUOPU G-A | 0.004237 | | ## Sources - N-PORT (fund A) — accession `0000940400-26-014313` (as of 2026-02-27) - N-PORT (fund B) — accession `0001707560-26-000060` (as of 2026-02-28) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _