DBEF vs VEA: Holdings Overlap
DBEFXtrackers MSCI EAFE Hedged Equity ETF
Xtrackers (DWS) · 676 holdings · $9.3B · as of 2026-05-29
VEAVanguard Developed Markets Index Fund
Vanguard · 3886 holdings · $235.0B · as of 2026-03-31
Holdings snapshots are 59 days apart (DBEF: 2026-05-29, 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 DBEF and VEA?
Xtrackers MSCI EAFE Hedged Equity ETF (DBEF, by Xtrackers (DWS)) holds 676 positions; Vanguard Developed Markets Index Fund (VEA, by Vanguard) holds 3886. They have 657 holdings in common, and by portfolio weight the two funds are 67.5% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 67.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 657DBEF holds 676 · VEA holds 3886
- Weight in Shared Holdings
- DBEF 96%·VEA 68%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
19 of 676 positions (1.5% of the fund) are not held by VEA.
Only in VEA
3229 of 3886 positions (31.5% of the fund) are not held by DBEF. Showing the top 30 by weight.
Sector Breakdown
| Sector | DBEF | VEA |
|---|---|---|
| Financials | 23.0% | 20.4% |
| Industrials | 17.6% | 13.9% |
| Information Technology | 10.2% | 9.9% |
| Health Care | 9.3% | 7.3% |
| Consumer Staples | 6.5% | 5.2% |
| Other Sectors | 24.9% | 23.9% |
| Unclassified | 5.6% | 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 (6% of DBEF, 19% of VEA).
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% |
| 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 DBEF vs VEA →
Shared Holdings(657)
The top 10 shared positions account for 14% of the overlap, led by ASML, NOVN and AZN.
 ASMLASML Holding NV | 2.82% | 1.77% | 1.77% |
|---|---|---|---|
 NOVNNovartis AG (Registered) | 1.24% | 1.01% | 1.01% |
 AZNAstraZeneca PLC ORD USD0.25 | 1.26% | 1.01% | 1.01% |
 HSBAHSBC Holdings PLC | 1.45% | 0.97% | 0.97% |
 ROPRoche Holding AG | 1.33% | 0.96% | 0.96% |
 SHELShell PLC | 1.06% | 0.90% | 0.90% |
 NESNNestle SA (Registered) | 1.18% | 0.87% | 0.87% |
 7203Toyota Motor Corp. NPV | 0.81% | 0.76% | 0.76% |
 CBACommonwealth Bank of Australia | 0.89% | 0.67% | 0.67% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.90% | 0.64% | 0.64% |
 SIESiemens AG (Registered) | 1.05% | 0.61% | 0.61% |
 BHPBHP Group Ltd. | 1.03% | 0.61% | 0.61% |
 SAPSAP SE ORD NPV | 0.85% | 0.60% | 0.60% |
 TTETotalEnergies SE EUR2.5 | 0.78% | 0.57% | 0.57% |
 SANBanco Santander SA | 0.81% | 0.56% | 0.56% |
 ALVAllianz SE (Registered) | 0.76% | 0.55% | 0.55% |
 IBEIberdrola, S.A. EUR0.75 | 0.62% | 0.52% | 0.52% |
 SUSchneider Electric SE EUR4.00 | 0.78% | 0.51% | 0.51% |
 MCLVMH Moet Hennessy Louis Vuitton SE | 0.62% | 0.48% | 0.48% |
 RR-Rolls-Royce Holdings PLC | 0.68% | 0.44% | 0.44% |
 ENRSiemens Energy AG | 0.66% | 0.44% | 0.44% |
 DTEDeutsche Telekom AG (Registered) | 0.52% | 0.44% | 0.44% |
 6501Hitachi Ltd. NPV | 0.65% | 0.44% | 0.44% |
 ABBNABB Ltd. CHF0.12 (REGD) | 0.76% | 0.43% | 0.43% |
 6758Sony Group Corp. NPV | 0.57% | 0.43% | 0.43% |
Showing the top 250 of 657 shared holdings by overlap weight.
Frequently Asked Questions
How much do DBEF and VEA overlap?
DBEF and VEA overlap by 67.5% of portfolio weight. They share 657 holdings (DBEF holds 676 positions and VEA holds 3886), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DBEF and VEA?
The two portfolios are 67.5% 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 VEA?
The largest positions held by both funds are ASML, NOVN, AZN, HSBA and ROP. Together the top 10 shared positions account for 14% of the total overlap.
What does DBEF own that VEA doesn't?
19 positions (1.5% of DBEF) are unique to DBEF, led by SPOT, NBIS and TEVA. In the other direction, 3229 positions (31.5% of VEA) are unique to VEA.