ESGD vs VEU: Holdings Overlap
ESGDiShares ESG Aware MSCI EAFE ETF
iShares · 371 holdings · $12.2B · as of 2026-05-31
VEUVanguard FTSE All-world Ex-us Index Fund
Vanguard · 3855 holdings · $69.8B · as of 2026-04-30
Holdings snapshots are 31 days apart (ESGD: 2026-05-31, VEU: 2026-04-30). 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 ESGD and VEU?
iShares ESG Aware MSCI EAFE ETF (ESGD, by iShares) holds 371 positions; Vanguard FTSE All-world Ex-us Index Fund (VEU, by Vanguard) holds 3855. They have 351 holdings in common, and by portfolio weight the two funds are 41.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 41.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 351ESGD holds 371 · VEU holds 3855
- Weight in Shared Holdings
- ESGD 98%·VEU 42%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 VEU.
Only in VEU
3504 of 3855 positions (57.2% of the fund) are not held by ESGD. Showing the top 30 by weight.
Sector Breakdown
| Sector | ESGD | VEU |
|---|---|---|
| Financials | 25.4% | 20.0% |
| Industrials | 18.0% | 11.7% |
| Information Technology | 11.2% | 16.2% |
| Health Care | 9.7% | 5.6% |
| Consumer Staples | 6.4% | 4.4% |
| Other Sectors | 23.8% | 23.6% |
| Unclassified | 4.9% | 17.4% |
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, 18% of VEU).
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% |
| VEU | +2.8% | +16.6% | +28.4% | +19.2% | +9.6% | +9.9% | 2.48% |
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 VEU →
Shared Holdings(351)
The top 10 shared positions account for 18% of the overlap, led by ASML, HSBA and ROP.
 ASMLASML Holding NV | 3.11% | 1.43% | 1.43% |
|---|---|---|---|
 HSBAHSBC Holdings PLC | 1.38% | 0.80% | 0.80% |
 ROPRoche Holding AG | 1.20% | 0.73% | 0.73% |
 AZNAstraZeneca PLC ORD USD0.25 | 1.10% | 0.72% | 0.72% |
 NOVNNovartis AG (Registered) | 1.58% | 0.72% | 0.72% |
 NESNNestle SA (Registered) | 1.13% | 0.66% | 0.66% |
 SHELShell PLC | 0.88% | 0.66% | 0.66% |
 SIESiemens AG (Registered) | 1.24% | 0.56% | 0.56% |
 CBACommonwealth Bank of Australia | 0.90% | 0.54% | 0.54% |
 7203Toyota Motor Corp. NPV | 0.66% | 0.52% | 0.52% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.82% | 0.50% | 0.50% |
 BHPBHP Group Ltd. | 0.92% | 0.49% | 0.49% |
 SANBanco Santander SA | 0.59% | 0.45% | 0.45% |
 ALVAllianz SE (Registered) | 0.68% | 0.44% | 0.44% |
 SAPSAP SE | 1.03% | 0.44% | 0.44% |
 SUSchneider Electric SE EUR4.00 | 1.00% | 0.44% | 0.44% |
 TTETotalEnergies SE EUR2.5 | 0.67% | 0.43% | 0.43% |
 ENRSiemens Energy AG | 0.58% | 0.40% | 0.40% |
 ABBNABB Ltd. CHF0.12 (REGD) | 1.13% | 0.40% | 0.40% |
 IBEIberdrola, S.A. EUR0.75 | 0.83% | 0.39% | 0.39% |
 UBSGUBS Group AG (Registered) | 0.67% | 0.35% | 0.35% |
 6501Hitachi Ltd. NPV | 0.77% | 0.35% | 0.35% |
 RR-Rolls-Royce Holdings PLC | 0.61% | 0.35% | 0.35% |
 MCLVMH Moet Hennessy Louis Vuitton SE | 0.58% | 0.35% | 0.35% |
 NOVOBNovo Nordisk A/S, Class B | 0.62% | 0.35% | 0.35% |
Showing the top 250 of 351 shared holdings by overlap weight.
Frequently Asked Questions
How much do ESGD and VEU overlap?
ESGD and VEU overlap by 41.1% of portfolio weight. They share 351 holdings (ESGD holds 371 positions and VEU holds 3855), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ESGD and VEU?
The two portfolios are 41.1% 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 ESGD and VEU?
The largest positions held by both funds are ASML, HSBA, ROP, AZN and NOVN. Together the top 10 shared positions account for 18% of the total overlap.
What does ESGD own that VEU doesn't?
20 positions (1.1% of ESGD) are unique to ESGD, led by SPOT, Euro and TEVA. In the other direction, 3504 positions (57.2% of VEU) are unique to VEU.