DBEF vs IEFA: Holdings Overlap
DBEFXtrackers MSCI EAFE Hedged Equity ETF
Xtrackers (DWS) · 676 holdings · $9.3B · as of 2026-05-29
IEFAiShares Core MSCI EAFE ETF
iShares · 2632 holdings · $193.5B · as of 2026-04-30
How similar are DBEF and IEFA?
Xtrackers MSCI EAFE Hedged Equity ETF (DBEF, by Xtrackers (DWS)) holds 676 positions; iShares Core MSCI EAFE ETF (IEFA, by iShares) holds 2632. They have 669 holdings in common, and by portfolio weight the two funds are 84.2% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 84.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 669DBEF holds 676 · IEFA holds 2632
- Weight in Shared Holdings
- DBEF 97%·IEFA 85%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
7 of 676 positions (0.3% of the fund) are not held by IEFA.
Sector Breakdown
| Sector | DBEF | IEFA |
|---|---|---|
| Financials | 23.0% | 20.5% |
| Industrials | 17.6% | 16.0% |
| Information Technology | 10.2% | 7.9% |
| Health Care | 9.3% | 8.3% |
| Consumer Staples | 6.5% | 5.9% |
| Other Sectors | 24.9% | 23.8% |
| Unclassified | 5.6% | 17.0% |
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, 17% of IEFA).
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% |
| IEFA | +4.2% | +14.8% | +24.5% | +17.9% | +9.3% | +9.8% | 3.25% |
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 IEFA →
Shared Holdings(669)
The top 10 shared positions account for 14% of the overlap, led by ASML, HSBA and AZN.
 ASMLASML Holding NV | 2.82% | 2.21% | 2.21% |
|---|---|---|---|
 HSBAHSBC Holdings PLC | 1.45% | 1.24% | 1.24% |
 AZNAstraZeneca PLC ORD USD0.25 | 1.26% | 1.16% | 1.16% |
 ROPRoche Holding AG | 1.33% | 1.13% | 1.13% |
 NOVNNovartis AG (Registered) | 1.24% | 1.11% | 1.11% |
 NESNNestle SA (Registered) | 1.18% | 1.03% | 1.03% |
 SHELShell PLC | 1.06% | 1.02% | 1.02% |
 SIESiemens AG (Registered) | 1.05% | 0.89% | 0.89% |
 CBACommonwealth Bank of Australia | 0.89% | 0.83% | 0.83% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.90% | 0.80% | 0.80% |
 BHPBHP Group Ltd. | 1.03% | 0.79% | 0.79% |
 TTETotalEnergies SE EUR2.5 | 0.78% | 0.73% | 0.73% |
 7203Toyota Motor Corp. NPV | 0.81% | 0.71% | 0.71% |
 SANBanco Santander SA | 0.81% | 0.70% | 0.70% |
 SAPSAP SE ORD NPV | 0.85% | 0.69% | 0.69% |
 SUSchneider Electric SE EUR4.00 | 0.78% | 0.69% | 0.69% |
 ALVAllianz SE (Registered) | 0.76% | 0.68% | 0.68% |
 ENRSiemens Energy AG | 0.66% | 0.65% | 0.65% |
 ABBNABB Ltd. CHF0.12 (REGD) | 0.76% | 0.62% | 0.62% |
 IBEIberdrola, S.A. EUR0.75 | 0.62% | 0.59% | 0.59% |
 6501Hitachi Ltd. NPV | 0.65% | 0.57% | 0.57% |
 UBSGUBS Group AG (Registered) | 0.68% | 0.55% | 0.55% |
 6857Advantest Corp. NPV | 0.54% | 0.56% | 0.54% |
 NOVOBNovo Nordisk A/S, Class B | 0.66% | 0.54% | 0.54% |
 RR-Rolls-Royce Holdings PLC | 0.68% | 0.53% | 0.53% |
Showing the top 250 of 669 shared holdings by overlap weight.
Frequently Asked Questions
How much do DBEF and IEFA overlap?
DBEF and IEFA overlap by 84.2% of portfolio weight. They share 669 holdings (DBEF holds 676 positions and IEFA holds 2632), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DBEF and IEFA?
The two portfolios are 84.2% 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 DBEF and IEFA?
The largest positions held by both funds are ASML, HSBA, AZN, ROP and NOVN. Together the top 10 shared positions account for 14% of the total overlap.
What does DBEF own that IEFA doesn't?
7 positions (0.3% of DBEF) are unique to DBEF, led by ISHARES TRUST HDG MSCI EAFE, STM and WISE. In the other direction, 1963 positions (14.7% of IEFA) are unique to IEFA.