EWA vs IQLT: Holdings Overlap
iShares · 48 holdings · $1.4B · as of 2026-05-31
IQLTiShares MSCI Intl Quality Factor ETF
iShares · 309 holdings · $14.0B · as of 2026-04-30
Holdings snapshots are 31 days apart (EWA: 2026-05-31, IQLT: 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 EWA and IQLT?
iShares MSCI Australia ETF (EWA, by iShares) holds 48 positions; iShares MSCI Intl Quality Factor ETF (IQLT, by iShares) holds 309. They have 21 holdings in common, and by portfolio weight the two funds are 5.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 5.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 21EWA holds 48 · IQLT holds 309
- Weight in Shared Holdings
- EWA 40%·IQLT 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
27 of 48 positions (59.1% of the fund) are not held by IQLT.
Sector Breakdown
| Sector | EWA | IQLT |
|---|---|---|
| Financials | 40.6% | 23.4% |
| Materials | 25.5% | 7.0% |
| Industrials | 4.7% | 17.3% |
| Information Technology | 1.0% | 10.8% |
| Health Care | 4.3% | 9.4% |
| Other Sectors | 22.4% | 26.5% |
| Unclassified | 1.0% | 5.0% |
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, 5% of IQLT).
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% |
| IQLT | +4.5% | +15.4% | +24.8% | +16.1% | +8.2% | +10.1% | 2.31% |
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 IQLT →
Shared Holdings(21)
The top 10 shared positions account for 81% of the overlap, led by BHP, WES and WDS.
 BHPBHP Group Ltd. | 15.69% | 1.40% | 1.40% |
|---|---|---|---|
 WESWesfarmers Ltd. | 4.51% | 0.65% | 0.65% |
 WDSWoodside Energy Group Ltd | 2.89% | 0.48% | 0.48% |
 QBEQBE Insurance Group Ltd. | 1.70% | 0.34% | 0.34% |
 RIORio Tinto Ltd. | 3.45% | 0.30% | 0.30% |
 BXBBrambles Ltd. | 1.12% | 0.26% | 0.26% |
 SUNSuncorp Group Ltd | 0.94% | 0.17% | 0.17% |
 ALLAristocrat Leisure Ltd | 1.38% | 0.17% | 0.17% |
 FMGFortescue Ltd | 1.89% | 0.17% | 0.17% |
 CPUComputershare Ltd | 0.90% | 0.15% | 0.15% |
 MPLMedibank Pvt Ltd. | 0.66% | 0.15% | 0.15% |
 IAGInsurance Australia Group Ltd. | 0.90% | 0.15% | 0.15% |
 TLSTelstra Group Ltd. | 1.02% | 0.13% | 0.13% |
 REAREA Group Ltd | 0.39% | 0.13% | 0.13% |
 ASXASX Ltd | 0.45% | 0.12% | 0.12% |
 EVNEvolution Mining Ltd | 1.24% | 0.11% | 0.11% |
 SGPStockland | 0.49% | 0.07% | 0.07% |
 PMEPro Medicus Ltd | 0.38% | 0.05% | 0.05% |
 COHCochlear Ltd | 0.33% | 0.02% | 0.02% |
| AUSTRALIAN DOLLAR | 0.10% | 0.01% | 0.01% |
| Euro | 0.00% | 0.08% | 0.00% |
Frequently Asked Questions
How much do EWA and IQLT overlap?
EWA and IQLT overlap by 5.0% of portfolio weight. They share 21 holdings (EWA holds 48 positions and IQLT holds 309), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWA and IQLT?
The two portfolios are 5.0% 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 EWA and IQLT?
The largest positions held by both funds are BHP, WES, WDS, QBE and RIO. Together the top 10 shared positions account for 81% of the total overlap.
What does EWA own that IQLT doesn't?
27 positions (59.1% of EWA) are unique to EWA, led by CBA, WBC and NAB. In the other direction, 288 positions (94.2% of IQLT) are unique to IQLT.