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