EWA vs GSIE: Holdings Overlap
iShares · 48 holdings · $1.4B · as of 2026-05-31
GSIEGoldman Sachs ActiveBeta(R) International Equity ETF
Goldman Sachs · 657 holdings · $6.0B · as of 2026-05-31
How similar are EWA and GSIE?
iShares MSCI Australia ETF (EWA, by iShares) holds 48 positions; Goldman Sachs ActiveBeta(R) International Equity ETF (GSIE, by Goldman Sachs) holds 657. They have 39 holdings in common, and by portfolio weight the two funds are 4.7% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 39EWA holds 48 · GSIE holds 657
- Weight in Shared Holdings
- EWA 92%·GSIE 5%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 EWA
9 of 48 positions (7.8% of the fund) are not held by GSIE.
Sector Breakdown
| Sector | EWA | GSIE |
|---|---|---|
| Financials | 40.6% | 24.0% |
| Materials | 25.5% | 5.6% |
| Industrials | 4.7% | 15.3% |
| Information Technology | 1.0% | 9.0% |
| Health Care | 4.3% | 8.0% |
| Other Sectors | 22.4% | 22.4% |
| Unclassified | 1.0% | 15.0% |
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 (1% of EWA, 15% of GSIE).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EWA | +8.1% | +17.8% | +17.9% | +14.3% | +7.2% | +8.2% | 2.79% |
| GSIE | +5.0% | +14.2% | +23.8% | +18.4% | +9.5% | +9.8% | 2.43% |
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 EWA vs GSIE →
Shared Holdings(39)
The top 10 shared positions account for 63% of the overlap, led by BHP, CBA and WES.
 BHPBHP Group Ltd. | 15.69% | 0.50% | 0.50% |
|---|---|---|---|
 CBACommonwealth Bank of Australia | 13.76% | 0.42% | 0.42% |
 WESWesfarmers Ltd. | 4.51% | 0.34% | 0.34% |
 WOWWoolworths Group Ltd. | 2.14% | 0.32% | 0.32% |
 TLCLottery Corp Ltd/The | 0.60% | 0.31% | 0.31% |
 COLColes Group Ltd. | 1.45% | 0.30% | 0.30% |
 REAREA Group Ltd | 0.39% | 0.20% | 0.20% |
 ANZANZ Group Holdings Ltd. | 5.30% | 0.20% | 0.20% |
 WBCWestpac Banking Corp. | 6.14% | 0.19% | 0.19% |
 QBEQBE Insurance Group Ltd. | 1.70% | 0.19% | 0.19% |
 COHCochlear Ltd | 0.33% | 0.18% | 0.18% |
 NABNational Australia Bank Ltd. | 5.71% | 0.16% | 0.16% |
 SHLSonic Healthcare Ltd | 0.46% | 0.13% | 0.13% |
 TLSTelstra Group Ltd. | 1.02% | 0.12% | 0.12% |
 PMEPro Medicus Ltd | 0.38% | 0.12% | 0.12% |
 TCLTransurban Group | 2.32% | 0.11% | 0.11% |
 RIORio Tinto Ltd. | 3.45% | 0.09% | 0.09% |
 APAAPA Group | 0.66% | 0.09% | 0.09% |
 EVNEvolution Mining Ltd | 1.24% | 0.06% | 0.06% |
 CSLCSL Ltd. | 2.34% | 0.06% | 0.06% |
 MPLMedibank Pvt Ltd. | 0.66% | 0.06% | 0.06% |
 SCGScentre Group | 0.99% | 0.06% | 0.06% |
 LYCLynas Rare Earths Ltd | 0.87% | 0.05% | 0.05% |
 SUNSuncorp Group Ltd | 0.94% | 0.05% | 0.05% |
 WDSWoodside Energy Group Ltd | 2.89% | 0.04% | 0.04% |
Frequently Asked Questions
How much do EWA and GSIE overlap?
EWA and GSIE overlap by 4.7% of portfolio weight. They share 39 holdings (EWA holds 48 positions and GSIE holds 657), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWA and GSIE?
The two portfolios are 4.7% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of EWA and GSIE?
The largest positions held by both funds are BHP, CBA, WES, WOW and TLC. Together the top 10 shared positions account for 63% of the total overlap.
What does EWA own that GSIE doesn't?
9 positions (7.8% of EWA) are unique to EWA, led by GMG, NST and BXB. In the other direction, 618 positions (94.7% of GSIE) are unique to GSIE.