DBEF vs EWJ: Holdings Overlap
DBEFXtrackers MSCI EAFE Hedged Equity ETF
Xtrackers (DWS) · 676 holdings · $9.3B · as of 2026-05-29
iShares · 179 holdings · $22.4B · as of 2026-05-31
How similar are DBEF and EWJ?
Xtrackers MSCI EAFE Hedged Equity ETF (DBEF, by Xtrackers (DWS)) holds 676 positions; iShares MSCI Japan ETF (EWJ, by iShares) holds 179. They have 165 holdings in common, and by portfolio weight the two funds are 22.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 22.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 165DBEF holds 676 · EWJ holds 179
- Weight in Shared Holdings
- DBEF 23%·EWJ 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
511 of 676 positions (74.5% of the fund) are not held by EWJ. Showing the top 30 by weight.
Sector Breakdown
| Sector | DBEF | EWJ |
|---|---|---|
| Industrials | 17.6% | 23.4% |
| Financials | 23.0% | 16.3% |
| Information Technology | 10.2% | 17.7% |
| Consumer Discretionary | 6.5% | 12.2% |
| Health Care | 9.3% | 5.6% |
| Other Sectors | 24.9% | 17.5% |
| Unclassified | 5.6% | 6.5% |
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, 7% of EWJ).
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% |
| EWJ | +4.1% | +20.7% | +31.9% | +19.3% | +10.0% | +9.3% | 3.68% |
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 EWJ →
Shared Holdings(165)
The top 10 shared positions account for 29% of the overlap, led by 8306, 7203 and 9984.
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.90% | 4.05% | 0.90% |
|---|---|---|---|
 7203Toyota Motor Corp. NPV | 0.81% | 3.43% | 0.81% |
 9984SoftBank Group Corp. | 0.79% | 3.34% | 0.79% |
 8035Tokyo Electron Ltd. NPV | 0.66% | 2.87% | 0.66% |
 6501Hitachi Ltd. NPV | 0.65% | 2.84% | 0.65% |
 8316Sumitomo Mitsui Financial Group Inc. NPV | 0.60% | 2.56% | 0.60% |
 285AKioxia Holdings Corp. | 0.58% | 1.49% | 0.58% |
 6758Sony Group Corp. NPV | 0.57% | 2.54% | 0.57% |
 6857Advantest Corp. NPV | 0.54% | 2.39% | 0.54% |
 8411Mizuho Financial Group Inc. NPV | 0.48% | 2.14% | 0.48% |
 9983Fast Retailing Co Ltd. NPV | 0.44% | 1.89% | 0.44% |
 6981Murata Manufacturing Co Ltd. NPV | 0.44% | 2.01% | 0.44% |
 8058Mitsubishi Corp. NPV | 0.43% | 1.95% | 0.43% |
 6861Keyence Corp. NPV | 0.43% | 1.87% | 0.43% |
 6098Recruit Holdings Co Ltd. NPV | 0.40% | 1.80% | 0.40% |
 8766Tokio Marine Holdings Inc. NPV | 0.36% | 1.56% | 0.36% |
 4063Shin-Etsu Chemical Co Ltd. NPV | 0.36% | 1.57% | 0.36% |
 8031Mitsui & Co Ltd. NPV | 0.35% | 1.57% | 0.35% |
 6503Mitsubishi Electric Corp. NPV | 0.35% | 1.48% | 0.35% |
 7011Mitsubishi Heavy Industries Ltd. NPV | 0.34% | 1.45% | 0.34% |
 8001ITOCHU Corp. NPV | 0.30% | 1.37% | 0.30% |
 7741HOYA Corp. NPV | 0.26% | 1.10% | 0.26% |
 5802Sumitomo Electric Industries Ltd. NPV | 0.25% | 1.05% | 0.25% |
 6752Panasonic Holdings Corporation COMMON STOCK | 0.24% | 1.03% | 0.24% |
 4502Takeda Pharmaceutical Co Ltd. NPV | 0.23% | 0.97% | 0.23% |
Frequently Asked Questions
How much do DBEF and EWJ overlap?
DBEF and EWJ overlap by 22.6% of portfolio weight. They share 165 holdings (DBEF holds 676 positions and EWJ holds 179), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DBEF and EWJ?
The two portfolios are 22.6% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of DBEF and EWJ?
The largest positions held by both funds are 8306, 7203, 9984, 8035 and 6501. Together the top 10 shared positions account for 29% of the total overlap.
What does DBEF own that EWJ doesn't?
511 positions (74.5% of DBEF) are unique to DBEF, led by ASML, HSBA and ROP. In the other direction, 14 positions (1.3% of EWJ) are unique to EWJ.