EUFN vs IEFA: Holdings Overlap
EUFNiShares MSCI Europe Financials ETF
iShares · 90 holdings · $4.3B · as of 2026-04-30
IEFAiShares Core MSCI EAFE ETF
iShares · 2632 holdings · $193.5B · as of 2026-04-30
How similar are EUFN and IEFA?
iShares MSCI Europe Financials ETF (EUFN, by iShares) holds 90 positions; iShares Core MSCI EAFE ETF (IEFA, by iShares) holds 2632. They have 90 holdings in common, and by portfolio weight the two funds are 13.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 13.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 90EUFN holds 90 · IEFA holds 2632
- Weight in Shared Holdings
- EUFN 99%·IEFA 13%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 EUFN
Every position in EUFN is also held by IEFA, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | EUFN | IEFA |
|---|---|---|
| Financials | 96.2% | 20.5% |
| Industrials | 0.0% | 16.0% |
| Health Care | 0.0% | 8.3% |
| Information Technology | 0.0% | 7.9% |
| Consumer Staples | 0.0% | 5.9% |
| Other Sectors | 0.2% | 23.8% |
| Unclassified | 2.4% | 17.0% |
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 (2% of EUFN, 17% of IEFA).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EUFN | +5.9% | +17.9% | +32.6% | +34.9% | +21.7% | +14.8% | 3.89% |
| IEFA | +4.2% | +14.8% | +24.5% | +17.9% | +9.3% | +9.8% | 3.25% |
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 EUFN vs IEFA →
Shared Holdings(90)
The top 10 shared positions account for 42% of the overlap, led by HSBA, SAN and ALV.
 HSBAHSBC Holdings PLC | 9.34% | 1.24% | 1.24% |
|---|---|---|---|
 SANBanco Santander SA | 5.30% | 0.70% | 0.70% |
 ALVAllianz SE NPV(REGD)(VINKULIERT) | 5.13% | 0.68% | 0.68% |
 UBSGUBS Group AG (Registered) | 4.15% | 0.55% | 0.55% |
 BBVABanco Bilbao Vizcaya Argentaria SA | 3.73% | 0.50% | 0.50% |
 UCGUniCredit SpA | 3.20% | 0.43% | 0.43% |
 BNPBNP Paribas SA EUR2 | 3.12% | 0.42% | 0.42% |
 ZURNZurich Insurance Group AG CHF0.10 | 3.02% | 0.40% | 0.40% |
 ISPIntesa Sanpaolo S.p.A. NPV | 2.80% | 0.37% | 0.37% |
 INGAING Groep NV | 2.50% | 0.33% | 0.33% |
 BARCBarclays PLC | 2.40% | 0.32% | 0.32% |
 CSAxa SA EUR2.29 | 2.38% | 0.32% | 0.32% |
 LLOYLloyds Banking Group PLC | 2.37% | 0.31% | 0.31% |
 MUV2Muenchener Rueckversicherungs-Gesellschaft AG (Registered) | 2.31% | 0.31% | 0.31% |
 INVEBInvestor AB, Class B | 2.19% | 0.29% | 0.29% |
 NWGNatWest Group PLC | 1.88% | 0.25% | 0.25% |
 LSEGLondon Stock Exchange Group PLC | 1.76% | 0.23% | 0.23% |
 NDANordea Bank ABP NPV | 1.72% | 0.23% | 0.23% |
 DB1Deutsche Boerse AG | 1.71% | 0.23% | 0.23% |
 DBKDeutsche Bank AG (Registered) | 1.67% | 0.22% | 0.22% |
 GLESociete Generale SA | 1.64% | 0.22% | 0.22% |
 CABKCaixaBank SA | 1.45% | 0.19% | 0.19% |
 STANStandard Chartered PLC | 1.44% | 0.19% | 0.19% |
 SRENSwiss Re AG | 1.42% | 0.19% | 0.19% |
 PRUPrudential PLC | 1.13% | 0.15% | 0.15% |
Frequently Asked Questions
How much do EUFN and IEFA overlap?
EUFN and IEFA overlap by 13.3% of portfolio weight. They share 90 holdings (EUFN holds 90 positions and IEFA holds 2632), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EUFN and IEFA?
The two portfolios are 13.3% 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 EUFN and IEFA?
The largest positions held by both funds are HSBA, SAN, ALV, UBSG and BBVA. Together the top 10 shared positions account for 42% of the total overlap.
What does EUFN own that IEFA doesn't?
Nothing. Every position in EUFN is also held by IEFA. In the other direction, 2542 positions (86.0% of IEFA) are unique to IEFA.