ACWX vs VEA: Holdings Overlap
ACWXiShares MSCI ACWI ex U.S. ETF
iShares · 1761 holdings · $11.7B · as of 2026-04-30
VEAVanguard Developed Markets Index Fund
Vanguard · 3886 holdings · $235.0B · as of 2026-03-31
Holdings snapshots are 30 days apart (ACWX: 2026-04-30, VEA: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are ACWX and VEA?
iShares MSCI ACWI ex U.S. ETF (ACWX, by iShares) holds 1761 positions; Vanguard Developed Markets Index Fund (VEA, by Vanguard) holds 3886. They have 857 holdings in common, and by portfolio weight the two funds are 71.3% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 71.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 857ACWX holds 1761 · VEA holds 3886
- Weight in Shared Holdings
- ACWX 73%·VEA 84%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in ACWX
904 of 1761 positions (26.8% of the fund) are not held by VEA. Showing the top 30 by weight.
Sector Breakdown
| Sector | ACWX | VEA |
|---|---|---|
| Financials | 21.6% | 20.4% |
| Information Technology | 17.5% | 9.9% |
| Industrials | 12.5% | 13.9% |
| Health Care | 6.1% | 7.3% |
| Consumer Discretionary | 6.5% | 5.4% |
| Other Sectors | 23.9% | 23.7% |
| Unclassified | 11.4% | 18.5% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (11% of ACWX, 19% of VEA).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ACWX | +3.0% | +16.6% | +28.7% | +19.1% | +9.3% | +9.6% | 2.46% |
| VEA | +3.0% | +17.5% | +29.9% | +19.8% | +10.2% | +10.3% | 2.49% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in ACWX vs VEA →
Shared Holdings(857)
The top 10 shared positions account for 14% of the overlap, led by 005930, ASML and 000660.
 005930Samsung Electronics Co Ltd | 1.95% | 1.88% | 1.88% |
|---|---|---|---|
 ASMLASML Holding NV | 1.54% | 1.77% | 1.54% |
 000660SK hynix Inc | 1.33% | 1.05% | 1.05% |
 HSBAHSBC Holdings PLC | 0.86% | 0.97% | 0.86% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.80% | 1.01% | 0.80% |
 ROPRoche Holding AG | 0.78% | 0.96% | 0.78% |
 NOVNNovartis AG (Registered) | 0.76% | 1.01% | 0.76% |
 NESNNestle SA (Registered) | 0.71% | 0.87% | 0.71% |
 SHELShell PLC | 0.71% | 0.90% | 0.71% |
 RYGovernment Long Bond 1.2x Strategy Fund | 0.69% | 0.78% | 0.69% |
 SIESiemens AG (Registered) | 0.62% | 0.61% | 0.61% |
 CBACommonwealth Bank of Australia | 0.57% | 0.67% | 0.57% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.57% | 0.64% | 0.57% |
 BHPBHP Group Ltd. | 0.55% | 0.61% | 0.55% |
 7203Toyota Motor Corp. NPV | 0.51% | 0.76% | 0.51% |
 TTETotalEnergies SE EUR2.5 | 0.50% | 0.57% | 0.50% |
 TDThe Toronto-Dominion Bank COM NEW | 0.50% | 0.54% | 0.50% |
 SANBanco Santander SA | 0.49% | 0.56% | 0.49% |
 SAPSAP SE | 0.48% | 0.60% | 0.48% |
 SUSchneider Electric SE | 0.47% | 0.51% | 0.47% |
 ALVAllianz SE (Registered) | 0.47% | 0.55% | 0.47% |
 ENRSiemens Energy AG | 0.45% | 0.44% | 0.44% |
 ABBNABB Ltd. (Registered) | 0.44% | 0.43% | 0.43% |
 6501Hitachi Ltd. NPV | 0.41% | 0.44% | 0.41% |
 IBEIberdrola SA | 0.41% | 0.52% | 0.41% |
Showing the top 250 of 857 shared holdings by overlap weight.
Frequently Asked Questions
How much do ACWX and VEA overlap?
ACWX and VEA overlap by 71.3% of portfolio weight. They share 857 holdings (ACWX holds 1761 positions and VEA holds 3886), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ACWX and VEA?
The two portfolios are 71.3% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of ACWX and VEA?
The largest positions held by both funds are 005930, ASML, 000660, HSBA and AZN. Together the top 10 shared positions account for 14% of the total overlap.
What does ACWX own that VEA doesn't?
904 positions (26.8% of ACWX) are unique to ACWX, led by TSMWF, 700 and 9988. In the other direction, 3029 positions (15.6% of VEA) are unique to VEA.