ESGD vs DBEF: Holdings Overlap
ESGDiShares ESG Aware MSCI EAFE ETF
iShares · 371 holdings · $12.2B · as of 2026-05-31
DBEFXtrackers MSCI EAFE Hedged Equity ETF
Xtrackers (DWS) · 676 holdings · $9.3B · as of 2026-05-29
How similar are ESGD and DBEF?
iShares ESG Aware MSCI EAFE ETF (ESGD, by iShares) holds 371 positions; Xtrackers MSCI EAFE Hedged Equity ETF (DBEF, by Xtrackers (DWS)) holds 676. They have 351 holdings in common, and by portfolio weight the two funds are 69.3% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 69.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 351ESGD holds 371 · DBEF holds 676
- Weight in Shared Holdings
- ESGD 98%·DBEF 76%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 ESGD
20 of 371 positions (1.1% of the fund) are not held by DBEF.
Sector Breakdown
| Sector | ESGD | DBEF |
|---|---|---|
| Financials | 25.4% | 23.0% |
| Industrials | 18.0% | 17.6% |
| Information Technology | 11.2% | 10.2% |
| Health Care | 9.7% | 9.3% |
| Consumer Staples | 6.4% | 6.5% |
| Other Sectors | 23.8% | 24.9% |
| Unclassified | 4.9% | 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 (5% of ESGD, 6% of DBEF).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ESGD | +4.5% | +15.1% | +24.6% | +17.5% | +9.3% | — | 3.18% |
| 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 ESGD vs DBEF →
Shared Holdings(351)
The top 10 shared positions account for 18% of the overlap, led by ASML, HSBA and NOVN.
 ASMLASML Holding NV | 3.11% | 2.82% | 2.82% |
|---|---|---|---|
 HSBAHSBC Holdings PLC | 1.38% | 1.45% | 1.38% |
 NOVNNovartis AG (Registered) | 1.58% | 1.24% | 1.24% |
 ROPRoche Holding AG | 1.20% | 1.33% | 1.20% |
 NESNNestle SA (Registered) | 1.13% | 1.18% | 1.13% |
 AZNAstraZeneca PLC ORD USD0.25 | 1.10% | 1.26% | 1.10% |
 SIESiemens AG (Registered) | 1.24% | 1.05% | 1.05% |
 BHPBHP Group Ltd. | 0.92% | 1.03% | 0.92% |
 CBACommonwealth Bank of Australia | 0.90% | 0.89% | 0.89% |
 SHELShell PLC | 0.88% | 1.06% | 0.88% |
 SAPSAP SE ORD NPV | 1.03% | 0.85% | 0.85% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.82% | 0.90% | 0.82% |
 9984SoftBank Group Corp. | 0.85% | 0.79% | 0.79% |
 SUSchneider Electric SE EUR4.00 | 1.00% | 0.78% | 0.78% |
 ABBNABB Ltd. CHF0.12 (REGD) | 1.13% | 0.76% | 0.76% |
 ALVAllianz SE (Registered) | 0.68% | 0.76% | 0.68% |
 UBSGUBS Group AG (Registered) | 0.67% | 0.68% | 0.67% |
 TTETotalEnergies SE EUR2.5 | 0.67% | 0.78% | 0.67% |
 8035Tokyo Electron Ltd. NPV | 0.81% | 0.66% | 0.66% |
 7203Toyota Motor Corp. NPV | 0.66% | 0.81% | 0.66% |
 6501Hitachi Ltd. NPV | 0.77% | 0.65% | 0.65% |
 NOVOBNovo Nordisk A/S, Class B | 0.62% | 0.66% | 0.62% |
 IBEIberdrola, S.A. EUR0.75 | 0.83% | 0.62% | 0.62% |
 RR-Rolls-Royce Holdings PLC | 0.61% | 0.68% | 0.61% |
 8316Sumitomo Mitsui Financial Group Inc. NPV | 0.81% | 0.60% | 0.60% |
Showing the top 250 of 351 shared holdings by overlap weight.
Frequently Asked Questions
How much do ESGD and DBEF overlap?
ESGD and DBEF overlap by 69.3% of portfolio weight. They share 351 holdings (ESGD holds 371 positions and DBEF holds 676), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ESGD and DBEF?
The two portfolios are 69.3% 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 ESGD and DBEF?
The largest positions held by both funds are ASML, HSBA, NOVN, ROP and NESN. Together the top 10 shared positions account for 18% of the total overlap.
What does ESGD own that DBEF doesn't?
20 positions (1.1% of ESGD) are unique to ESGD, led by Euro, 9005 and AUTO. In the other direction, 325 positions (21.4% of DBEF) are unique to DBEF.