DBEF vs EWU: Holdings Overlap
DBEFXtrackers MSCI EAFE Hedged Equity ETF
Xtrackers (DWS) · 676 holdings · $9.3B · as of 2026-05-29
EWUiShares MSCI United Kingdom ETF
iShares · 74 holdings · $4.1B · as of 2026-05-31
How similar are DBEF and EWU?
Xtrackers MSCI EAFE Hedged Equity ETF (DBEF, by Xtrackers (DWS)) holds 676 positions; iShares MSCI United Kingdom ETF (EWU, by iShares) holds 74. They have 66 holdings in common, and by portfolio weight the two funds are 13.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 13.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 66DBEF holds 676 · EWU holds 74
- Weight in Shared Holdings
- DBEF 14%·EWU 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
610 of 676 positions (83.2% of the fund) are not held by EWU. Showing the top 30 by weight.
Sector Breakdown
| Sector | DBEF | EWU |
|---|---|---|
| Financials | 23.0% | 25.1% |
| Industrials | 17.6% | 13.0% |
| Consumer Staples | 6.5% | 15.1% |
| Health Care | 9.3% | 12.6% |
| Energy | 3.5% | 11.0% |
| Other Sectors | 31.6% | 20.1% |
| Unclassified | 5.6% | 2.4% |
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, 2% of EWU).
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% |
| EWU | +3.2% | +12.2% | +24.2% | +18.7% | +12.2% | +8.6% | 3.07% |
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 EWU →
Shared Holdings(66)
The top 10 shared positions account for 53% of the overlap, led by HSBA, AZN and SHEL.
 HSBAHSBC Holdings PLC | 1.45% | 10.06% | 1.45% |
|---|---|---|---|
 AZNAstraZeneca PLC ORD USD0.25 | 1.26% | 8.98% | 1.26% |
 SHELShell PLC | 1.06% | 7.51% | 1.06% |
 RR-Rolls-Royce Holdings PLC | 0.68% | 4.71% | 0.68% |
 BATSBritish American Tobacco PLC | 0.56% | 4.20% | 0.56% |
 ULVRUnilever PLC | 0.56% | 3.83% | 0.56% |
 RIORio Tinto PLC | 0.51% | 3.74% | 0.51% |
 BP-BP plc | 0.50% | 3.47% | 0.50% |
 GSKGSK plc | 0.46% | 3.21% | 0.46% |
 BARCBarclays PLC | 0.38% | 2.64% | 0.38% |
 BA-BAE Systems PLC | 0.36% | 2.55% | 0.36% |
 NG-National Grid PLC ORD GBP0.12431289 | 0.36% | 2.49% | 0.36% |
 LLOYLloyds Banking Group PLC | 0.36% | 2.51% | 0.36% |
 GLENPENGlencore PLC | 0.32% | 2.37% | 0.32% |
 NWGNatWest Group PLC | 0.29% | 2.01% | 0.29% |
 RELRELX plc | 0.27% | 1.85% | 0.27% |
 AALAnglo American PLC | 0.26% | 1.87% | 0.26% |
 CPGCompass Group PLC | 0.25% | 1.70% | 0.25% |
 LSEGLondon Stock Exchange Group PLC | 0.24% | 1.73% | 0.24% |
 STANStandard Chartered PLC | 0.22% | 1.60% | 0.22% |
 DGEDiageo PLC | 0.21% | 1.42% | 0.21% |
 HLNHaleon PLC | 0.18% | 1.25% | 0.18% |
 RKTReckitt Benckiser Group PLC | 0.18% | 1.24% | 0.18% |
 SSESse PLC GBP0.50 | 0.17% | 1.18% | 0.17% |
 TSCOTesco PLC | 0.17% | 1.15% | 0.17% |
Frequently Asked Questions
How much do DBEF and EWU overlap?
DBEF and EWU overlap by 13.9% of portfolio weight. They share 66 holdings (DBEF holds 676 positions and EWU holds 74), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DBEF and EWU?
The two portfolios are 13.9% 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 EWU?
The largest positions held by both funds are HSBA, AZN, SHEL, RR- and BATS. Together the top 10 shared positions account for 53% of the total overlap.
What does DBEF own that EWU doesn't?
610 positions (83.2% of DBEF) are unique to DBEF, led by ASML, ROP and NOVN. In the other direction, 8 positions (1.0% of EWU) are unique to EWU.