EFAV vs DBEF: Holdings Overlap
EFAViShares MSCI EAFE Min Vol Factor ETF
iShares · 256 holdings · $5.4B · 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 EFAV and DBEF?
iShares MSCI EAFE Min Vol Factor ETF (EFAV, by iShares) holds 256 positions; Xtrackers MSCI EAFE Hedged Equity ETF (DBEF, by Xtrackers (DWS)) holds 676. They have 232 holdings in common, and by portfolio weight the two funds are 32.5% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 32.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 232EFAV holds 256 · DBEF holds 676
- Weight in Shared Holdings
- EFAV 97%·DBEF 41%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 EFAV
24 of 256 positions (2.1% of the fund) are not held by DBEF.
Sector Breakdown
| Sector | EFAV | DBEF |
|---|---|---|
| Financials | 18.9% | 23.0% |
| Industrials | 13.2% | 17.6% |
| Consumer Staples | 11.7% | 6.5% |
| Health Care | 10.8% | 9.3% |
| Information Technology | 3.7% | 10.2% |
| Other Sectors | 32.0% | 24.9% |
| Unclassified | 9.1% | 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 (9% of EFAV, 6% of DBEF).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EFAV | +5.0% | +11.3% | +15.7% | +15.3% | +7.1% | +6.6% | 3.03% |
| 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 EFAV vs DBEF →
Shared Holdings(232)
The top 10 shared positions account for 24% of the overlap, led by NOVN, NESN and SHEL.
 NOVNNovartis AG (Registered) | 1.36% | 1.24% | 1.24% |
|---|---|---|---|
 NESNNestle SA (Registered) | 1.06% | 1.18% | 1.06% |
 SHELShell PLC | 1.57% | 1.06% | 1.06% |
 TTETotalEnergies SE EUR2.5 | 1.67% | 0.78% | 0.78% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.77% | 1.26% | 0.77% |
 IBEIberdrola, S.A. EUR0.75 | 1.51% | 0.62% | 0.62% |
 BATSBritish American Tobacco PLC | 0.65% | 0.56% | 0.56% |
 ULVRUnilever PLC | 1.10% | 0.56% | 0.56% |
 AIAir Liquide SA | 0.74% | 0.54% | 0.54% |
 DTEDeutsche Telekom AG (Registered) | 0.62% | 0.52% | 0.52% |
 CBACommonwealth Bank of Australia | 0.51% | 0.89% | 0.51% |
 ZURNZurich Insurance Group AG | 1.34% | 0.48% | 0.48% |
 GSKGSK plc | 0.63% | 0.46% | 0.46% |
 DBSDBS Group Holdings Ltd. | 1.47% | 0.46% | 0.46% |
 9983Fast Retailing Co Ltd. NPV | 0.64% | 0.44% | 0.44% |
 8058Mitsubishi Corp. NPV | 0.52% | 0.43% | 0.43% |
 SANSanofi SA | 0.79% | 0.43% | 0.43% |
 ENELEnel S.p.A. EUR1 | 0.37% | 0.39% | 0.37% |
 BA-BAE Systems PLC | 0.95% | 0.36% | 0.36% |
 NG-National Grid PLC ORD GBP0.12431289 | 0.54% | 0.36% | 0.36% |
 ABIAnheuser-Busch InBev SA/NV | 0.54% | 0.33% | 0.33% |
 SAPSAP SE ORD NPV | 0.32% | 0.85% | 0.32% |
 MUV2Muenchener Rueckversicherungs-Gesellschaft AG (Registered) | 0.41% | 0.31% | 0.31% |
 ITXIndustria de Diseno Textil SA | 0.63% | 0.30% | 0.30% |
 8001ITOCHU Corp. NPV | 0.32% | 0.30% | 0.30% |
Frequently Asked Questions
How much do EFAV and DBEF overlap?
EFAV and DBEF overlap by 32.5% of portfolio weight. They share 232 holdings (EFAV holds 256 positions and DBEF holds 676), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EFAV and DBEF?
The two portfolios are 32.5% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of EFAV and DBEF?
The largest positions held by both funds are NOVN, NESN, SHEL, TTE and AZN. Together the top 10 shared positions account for 24% of the total overlap.
What does EFAV own that DBEF doesn't?
24 positions (2.1% of EFAV) are unique to EFAV, led by 3626, 9005 and 3092. In the other direction, 444 positions (56.0% of DBEF) are unique to DBEF.