ESGD vs EWG: Holdings Overlap
ESGDiShares ESG Aware MSCI EAFE ETF
iShares · 371 holdings · $12.2B · as of 2026-05-31
iShares · 55 holdings · $1.6B · as of 2026-05-31
How similar are ESGD and EWG?
iShares ESG Aware MSCI EAFE ETF (ESGD, by iShares) holds 371 positions; iShares MSCI Germany ETF (EWG, by iShares) holds 55. They have 29 holdings in common, and by portfolio weight the two funds are 8.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 8.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 29ESGD holds 371 · EWG holds 55
- Weight in Shared Holdings
- ESGD 9%·EWG 81%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
342 of 371 positions (90.5% of the fund) are not held by EWG. Showing the top 30 by weight.
Sector Breakdown
| Sector | ESGD | EWG |
|---|---|---|
| Industrials | 18.0% | 28.6% |
| Financials | 25.4% | 20.0% |
| Information Technology | 11.2% | 15.7% |
| Health Care | 9.7% | 5.9% |
| Consumer Staples | 6.4% | 1.4% |
| Other Sectors | 23.8% | 22.8% |
| Unclassified | 4.9% | 5.4% |
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, 5% of EWG).
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% |
| EWG | +4.7% | +5.7% | +6.1% | +18.0% | +7.5% | +8.2% | 1.89% |
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 EWG →
Shared Holdings(29)
The top 10 shared positions account for 67% of the overlap, led by SIE, SAP and IFX.
 SIESiemens AG (Registered) | 1.24% | 11.97% | 1.24% |
|---|---|---|---|
 SAPSAP SE | 1.03% | 9.49% | 1.03% |
 IFXInfineon Technologies AG ORD NPV (REGD) | 0.81% | 6.22% | 0.81% |
 ALVAllianz SE (Registered) | 0.68% | 8.47% | 0.68% |
 ENRSiemens Energy AG | 0.58% | 7.37% | 0.58% |
 MRKMerck KGaA | 0.37% | 0.99% | 0.37% |
 RHMRheinmetall AG | 0.32% | 3.48% | 0.32% |
 HENHenkel AG & Co. KGaA | 0.32% | 0.38% | 0.32% |
 DBKDeutsche Bank AG (Registered) | 0.32% | 2.96% | 0.32% |
 MUV2Muenchener Rueckversicherungs-Gesellschaft AG (Registered) | 0.29% | 3.45% | 0.29% |
 DB1Deutsche Boerse AG | 0.27% | 2.73% | 0.27% |
| Euro | 0.26% | 0.26% | 0.26% |
 G1AGEA Group AG | 0.24% | 0.48% | 0.24% |
 DTEDeutsche Telekom AG (Registered) | 0.23% | 6.21% | 0.23% |
 ADSadidas AG | 0.21% | 1.66% | 0.21% |
 BAYNBayer AG (Registered) | 0.21% | 2.10% | 0.21% |
 CBKCommerzbank AG | 0.15% | 1.58% | 0.15% |
 HOTHochtief AG NPV | 0.15% | 0.44% | 0.15% |
 VNAVonovia SE | 0.13% | 0.95% | 0.13% |
 BMWBayerische Motoren Werke AG | 0.13% | 1.23% | 0.13% |
 HEIHeidelberg Materials AG | 0.13% | 1.49% | 0.13% |
 EOANE ON SE | 0.12% | 2.40% | 0.12% |
 BEIBeiersdorf AG | 0.12% | 0.39% | 0.12% |
 QIAQiagen N.V. | 0.12% | 0.38% | 0.12% |
 EVKEvonik Industries AG | 0.11% | 0.25% | 0.11% |
Frequently Asked Questions
How much do ESGD and EWG overlap?
ESGD and EWG overlap by 8.9% of portfolio weight. They share 29 holdings (ESGD holds 371 positions and EWG holds 55), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ESGD and EWG?
The two portfolios are 8.9% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of ESGD and EWG?
The largest positions held by both funds are SIE, SAP, IFX, ALV and ENR. Together the top 10 shared positions account for 67% of the total overlap.
What does ESGD own that EWG doesn't?
342 positions (90.5% of ESGD) are unique to ESGD, led by ASML, NOVN and HSBA. In the other direction, 26 positions (18.8% of EWG) are unique to EWG.