EWG vs EFG: Holdings Overlap
iShares · 55 holdings · $1.6B · as of 2026-05-31
EFGiShares MSCI EAFE Growth ETF
iShares · 383 holdings · $17.1B · as of 2026-04-30
Holdings snapshots are 31 days apart (EWG: 2026-05-31, EFG: 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 EWG and EFG?
iShares MSCI Germany ETF (EWG, by iShares) holds 55 positions; iShares MSCI EAFE Growth ETF (EFG, by iShares) holds 383. They have 31 holdings in common, and by portfolio weight the two funds are 9.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 9.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 31EWG holds 55 · EFG holds 383
- Weight in Shared Holdings
- EWG 65%·EFG 10%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 EWG
24 of 55 positions (34.3% of the fund) are not held by EFG.
Sector Breakdown
| Sector | EWG | EFG |
|---|---|---|
| Industrials | 28.6% | 28.8% |
| Financials | 20.0% | 10.6% |
| Information Technology | 15.7% | 16.1% |
| Health Care | 5.9% | 13.3% |
| Consumer Discretionary | 6.2% | 8.7% |
| Other Sectors | 18.0% | 15.7% |
| Unclassified | 5.4% | 6.4% |
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 EWG, 6% of EFG).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EWG | +4.7% | +5.7% | +6.1% | +18.0% | +7.5% | +8.2% | 1.89% |
| EFG | +3.0% | +11.7% | +17.6% | +12.3% | +4.5% | +8.2% | 2.21% |
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 EWG vs EFG →
Shared Holdings(31)
The top 10 shared positions account for 81% of the overlap, led by SAP, ENR and IFX.
 SAPSAP SE | 9.49% | 1.70% | 1.70% |
|---|---|---|---|
 ENRSiemens Energy AG | 7.37% | 1.60% | 1.60% |
 IFXInfineon Technologies AG | 6.22% | 0.85% | 0.85% |
 SIESiemens AG (Registered) | 11.97% | 0.77% | 0.77% |
 RHMRheinmetall AG | 3.48% | 0.71% | 0.71% |
 DB1Deutsche Boerse AG | 2.73% | 0.56% | 0.56% |
 EOANE ON SE | 2.40% | 0.48% | 0.48% |
 DTEDeutsche Telekom AG (Registered) | 6.21% | 0.40% | 0.40% |
 ADSadidas AG | 1.66% | 0.29% | 0.29% |
 HEIHeidelberg Materials AG | 1.49% | 0.29% | 0.29% |
 DBKDeutsche Bank AG | 2.96% | 0.27% | 0.27% |
 CBKCommerzbank AG | 1.58% | 0.19% | 0.19% |
 MTXMTU Aero Engines AG | 0.99% | 0.18% | 0.18% |
 SY1Symrise AG | 0.61% | 0.12% | 0.12% |
 G1AGEA Group AG | 0.48% | 0.10% | 0.10% |
 SHLSiemens Healthineers AG | 0.69% | 0.09% | 0.09% |
| Euro | 0.26% | 0.09% | 0.09% |
 KBXKnorr-Bremse AG | 0.44% | 0.08% | 0.08% |
 TLXTalanx AG | 0.39% | 0.08% | 0.08% |
 HOTHochtief AG NPV | 0.44% | 0.08% | 0.08% |
 BEIBeiersdorf AG | 0.39% | 0.08% | 0.08% |
 SRT3Sartorius AG | 0.37% | 0.07% | 0.07% |
 G24Scout24 SE | 0.32% | 0.06% | 0.06% |
 HAGHensoldt AG | 0.33% | 0.06% | 0.06% |
 ZALZalando SE | 0.31% | 0.06% | 0.06% |
Frequently Asked Questions
How much do EWG and EFG overlap?
EWG and EFG overlap by 9.5% of portfolio weight. They share 31 holdings (EWG holds 55 positions and EFG holds 383), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWG and EFG?
The two portfolios are 9.5% 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 EWG and EFG?
The largest positions held by both funds are SAP, ENR, IFX, SIE and RHM. Together the top 10 shared positions account for 81% of the total overlap.
What does EWG own that EFG doesn't?
24 positions (34.3% of EWG) are unique to EWG, led by ALV, MUV2 and DHL. In the other direction, 352 positions (90.0% of EFG) are unique to EFG.