DBEF vs EFA: Holdings Overlap
DBEFXtrackers MSCI EAFE Hedged Equity ETF
Xtrackers (DWS) · 676 holdings · $9.3B · as of 2026-05-29
iShares · 705 holdings · $79.3B · as of 2026-04-30
How similar are DBEF and EFA?
Xtrackers MSCI EAFE Hedged Equity ETF (DBEF, by Xtrackers (DWS)) holds 676 positions; iShares MSCI EAFE ETF (EFA, by iShares) holds 705. They have 661 holdings in common, and by portfolio weight the two funds are 93.4% identical. In practical terms the pair is essentially interchangeable, so holding both adds little diversification.
- Overlap by Weight
- 93.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 661DBEF holds 676 · EFA holds 705
- Weight in Shared Holdings
- DBEF 96%·EFA 98%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 DBEF
15 of 676 positions (0.8% of the fund) are not held by EFA.
Sector Breakdown
| Sector | DBEF | EFA |
|---|---|---|
| Financials | 23.0% | 23.8% |
| Industrials | 17.6% | 18.5% |
| Information Technology | 10.2% | 9.1% |
| Health Care | 9.3% | 9.7% |
| Consumer Staples | 6.5% | 6.8% |
| Other Sectors | 24.9% | 25.8% |
| Unclassified | 5.6% | 5.5% |
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 (6% of DBEF, 6% of EFA).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DBEF | +2.8% | +16.9% | +29.3% | +19.7% | +14.0% | +12.5% | 2.22% |
| EFA | +4.2% | +14.8% | +25.0% | +17.9% | +9.6% | +9.7% | 3.10% |
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 DBEF vs EFA →
Shared Holdings(661)
The top 10 shared positions account for 14% of the overlap, led by ASML, HSBA and ROP.
 ASMLASML Holding NV | 2.82% | 2.58% | 2.58% |
|---|---|---|---|
 HSBAHSBC Holdings PLC | 1.45% | 1.45% | 1.45% |
 ROPRoche Holding AG | 1.33% | 1.32% | 1.32% |
 AZNAstraZeneca PLC ORD USD0.25 | 1.26% | 1.35% | 1.26% |
 NOVNNovartis AG (Registered) | 1.24% | 1.29% | 1.24% |
 NESNNestle SA (Registered) | 1.18% | 1.20% | 1.18% |
 SHELShell PLC | 1.06% | 1.19% | 1.06% |
 SIESiemens AG (Registered) | 1.05% | 1.04% | 1.04% |
 BHPBHP Group Ltd. | 1.03% | 0.93% | 0.93% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.90% | 0.93% | 0.90% |
 CBACommonwealth Bank of Australia | 0.89% | 0.97% | 0.89% |
 7203Toyota Motor Corp. NPV | 0.81% | 0.84% | 0.81% |
 SANBanco Santander SA | 0.81% | 0.82% | 0.81% |
 SAPSAP SE ORD NPV | 0.85% | 0.81% | 0.81% |
 SUSchneider Electric SE EUR4.00 | 0.78% | 0.80% | 0.78% |
 TTETotalEnergies SE EUR2.5 | 0.78% | 0.85% | 0.78% |
 ALVAllianz SE (Registered) | 0.76% | 0.80% | 0.76% |
 ABBNABB Ltd. CHF0.12 (REGD) | 0.76% | 0.73% | 0.73% |
 ENRSiemens Energy AG | 0.66% | 0.76% | 0.66% |
 UBSGUBS Group AG (Registered) | 0.68% | 0.65% | 0.65% |
 6501Hitachi Ltd. NPV | 0.65% | 0.67% | 0.65% |
 NOVOBNovo Nordisk A/S, Class B | 0.66% | 0.63% | 0.63% |
 IBEIberdrola, S.A. EUR0.75 | 0.62% | 0.69% | 0.62% |
 RR-Rolls-Royce Holdings PLC | 0.68% | 0.62% | 0.62% |
 MCLVMH Moet Hennessy Louis Vuitton SE | 0.62% | 0.61% | 0.61% |
Showing the top 250 of 661 shared holdings by overlap weight.
Frequently Asked Questions
How much do DBEF and EFA overlap?
DBEF and EFA overlap by 93.4% of portfolio weight. They share 661 holdings (DBEF holds 676 positions and EFA holds 705), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DBEF and EFA?
The two portfolios are 93.4% identical by weight. Owning both is largely redundant: they are close to the same portfolio, so a second position mostly duplicates the first.
What are the biggest shared holdings of DBEF and EFA?
The largest positions held by both funds are ASML, HSBA, ROP, AZN and NOVN. Together the top 10 shared positions account for 14% of the total overlap.
What does DBEF own that EFA doesn't?
15 positions (0.8% of DBEF) are unique to DBEF, led by ISHARES TRUST HDG MSCI EAFE, 5801 and 4004. In the other direction, 44 positions (0.8% of EFA) are unique to EFA.