EWG vs IVLU: Holdings Overlap
iShares · 55 holdings · $1.6B · as of 2026-05-31
IVLUiShares MSCI Intl Value Factor ETF
iShares · 355 holdings · $4.5B · as of 2026-04-30
Holdings snapshots are 31 days apart (EWG: 2026-05-31, IVLU: 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 IVLU?
iShares MSCI Germany ETF (EWG, by iShares) holds 55 positions; iShares MSCI Intl Value Factor ETF (IVLU, by iShares) holds 355. They have 28 holdings in common, and by portfolio weight the two funds are 10.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 28EWG holds 55 · IVLU holds 355
- Weight in Shared Holdings
- EWG 54%·IVLU 11%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
27 of 55 positions (45.8% of the fund) are not held by IVLU.
Sector Breakdown
| Sector | EWG | IVLU |
|---|---|---|
| Industrials | 28.6% | 16.2% |
| Financials | 20.0% | 24.6% |
| Information Technology | 15.7% | 9.1% |
| Health Care | 5.9% | 8.6% |
| Materials | 4.8% | 7.2% |
| Other Sectors | 19.4% | 27.4% |
| Unclassified | 5.4% | 6.3% |
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 IVLU).
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% |
| IVLU | +4.9% | +18.8% | +35.6% | +24.5% | +15.9% | +11.5% | 3.16% |
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 IVLU →
Shared Holdings(28)
The top 10 shared positions account for 71% of the overlap, led by SIE, IFX and DTE.
 SIESiemens AG (Registered) | 11.97% | 1.37% | 1.37% |
|---|---|---|---|
 IFXInfineon Technologies AG ORD NPV (REGD) | 6.22% | 1.11% | 1.11% |
 DTEDeutsche Telekom AG (Registered) | 6.21% | 0.93% | 0.93% |
 BAYNBayer AG (Registered) | 2.10% | 0.88% | 0.88% |
 MBGMercedes-Benz Group AG ORD NPV(REGD) | 2.20% | 0.71% | 0.71% |
 DBKDeutsche Bank AG (Registered) | 2.96% | 0.64% | 0.64% |
 DHLDeutsche Post AG | 2.75% | 0.58% | 0.58% |
 VOW3Volkswagen AG NON VTG PRF NPV | 1.10% | 0.56% | 0.56% |
 BMWBayerische Motoren Werke AG EUR1 | 1.23% | 0.48% | 0.48% |
 BASBASF SE | 2.66% | 0.47% | 0.47% |
 RWERWE AG | 2.02% | 0.44% | 0.44% |
 DTGDaimler Truck Holding AG NPV | 1.13% | 0.42% | 0.42% |
 CBKCommerzbank AG | 1.58% | 0.27% | 0.27% |
 EOANE ON SE | 2.40% | 0.24% | 0.24% |
 FREFresenius SE & Co. KGaA | 0.90% | 0.23% | 0.23% |
 HEIHeidelberg Materials AG | 1.49% | 0.21% | 0.21% |
| Euro | 0.26% | 0.18% | 0.18% |
 LHADeutsche Lufthansa AG | 0.30% | 0.16% | 0.16% |
 PAH3Porsche Automobil Holding SE | 0.29% | 0.15% | 0.15% |
 MRKMerck KGaA | 0.99% | 0.14% | 0.14% |
 HEN3Henkel AG & Co. KGaA (Preference) | 0.62% | 0.14% | 0.14% |
 FMEFresenius Medical Care AG | 0.48% | 0.14% | 0.14% |
 HENHenkel AG & Co. KGaA | 0.38% | 0.10% | 0.10% |
 BMW3DBayerische Motoren Werke AG (Preference) | 0.24% | 0.10% | 0.10% |
 CONContinental AG | 0.46% | 0.09% | 0.09% |
Frequently Asked Questions
How much do EWG and IVLU overlap?
EWG and IVLU overlap by 10.9% of portfolio weight. They share 28 holdings (EWG holds 55 positions and IVLU holds 355), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWG and IVLU?
The two portfolios are 10.9% 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 IVLU?
The largest positions held by both funds are SIE, IFX, DTE, BAYN and MBG. Together the top 10 shared positions account for 71% of the total overlap.
What does EWG own that IVLU doesn't?
27 positions (45.8% of EWG) are unique to EWG, led by SAP, ALV and ENR. In the other direction, 327 positions (88.4% of IVLU) are unique to IVLU.