EWG vs SCHF: Holdings Overlap
iShares · 55 holdings · $1.6B · as of 2026-05-31
SCHFSchwab International Equity ETF
Schwab · 1476 holdings · $67.5B · as of 2026-05-31
How similar are EWG and SCHF?
iShares MSCI Germany ETF (EWG, by iShares) holds 55 positions; Schwab International Equity ETF (SCHF, by Schwab) holds 1476. They have 51 holdings in common, and by portfolio weight the two funds are 6.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 51EWG holds 55 · SCHF holds 1476
- Weight in Shared Holdings
- EWG 99%·SCHF 6%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
4 of 55 positions (1.2% of the fund) are not held by SCHF.
Sector Breakdown
| Sector | EWG | SCHF |
|---|---|---|
| Industrials | 28.6% | 14.5% |
| Financials | 20.0% | 21.7% |
| Information Technology | 15.7% | 15.5% |
| Health Care | 5.9% | 7.1% |
| Materials | 4.8% | 6.4% |
| Other Sectors | 19.4% | 22.6% |
| Unclassified | 5.4% | 11.5% |
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, 12% of SCHF).
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% |
| SCHF | +2.7% | +18.1% | +30.6% | +20.0% | +10.5% | +10.4% | 2.99% |
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 SCHF →
Shared Holdings(51)
The top 10 shared positions account for 63% of the overlap, led by SIE, SAP and ALV.
 SIESiemens AG (Registered) | 11.97% | 0.77% | 0.77% |
|---|---|---|---|
 SAPSAP SE | 9.49% | 0.62% | 0.62% |
 ALVAllianz SE (Registered) | 8.47% | 0.57% | 0.57% |
 ENRSiemens Energy AG | 7.37% | 0.47% | 0.47% |
 IFXInfineon Technologies AG | 6.22% | 0.41% | 0.41% |
 DTEDeutsche Telekom AG (Registered) | 6.21% | 0.39% | 0.39% |
 MUV2Muenchener Rueckversicherungs-Gesellschaft AG (Registered) | 3.45% | 0.23% | 0.23% |
 RHMRheinmetall AG | 3.48% | 0.23% | 0.23% |
 DBKDeutsche Bank AG | 2.96% | 0.19% | 0.19% |
 DHLDeutsche Post AG | 2.75% | 0.18% | 0.18% |
 DB1Deutsche Boerse AG | 2.73% | 0.18% | 0.18% |
 BASBASF SE | 2.66% | 0.18% | 0.18% |
 EOANE ON SE | 2.40% | 0.16% | 0.16% |
 MBGMercedes-Benz Group AG | 2.20% | 0.15% | 0.15% |
 BAYNBayer AG (Registered) | 2.10% | 0.14% | 0.14% |
 RWERWE AG | 2.02% | 0.14% | 0.14% |
 ADSadidas AG | 1.66% | 0.11% | 0.11% |
 CBKCommerzbank AG | 1.58% | 0.10% | 0.10% |
 HEIHeidelberg Materials AG | 1.49% | 0.09% | 0.09% |
 BMWBayerische Motoren Werke AG | 1.23% | 0.08% | 0.08% |
 DTGDaimler Truck Holding AG | 1.13% | 0.08% | 0.08% |
 VOW3Volkswagen AG | 1.10% | 0.07% | 0.07% |
 MTXMTU Aero Engines AG | 0.99% | 0.07% | 0.07% |
 MRKMerck KGaA | 0.99% | 0.07% | 0.07% |
 VNAVonovia SE | 0.95% | 0.06% | 0.06% |
Frequently Asked Questions
How much do EWG and SCHF overlap?
EWG and SCHF overlap by 6.5% of portfolio weight. They share 51 holdings (EWG holds 55 positions and SCHF holds 1476), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWG and SCHF?
The two portfolios are 6.5% 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 SCHF?
The largest positions held by both funds are SIE, SAP, ALV, ENR and IFX. Together the top 10 shared positions account for 63% of the total overlap.
What does EWG own that SCHF doesn't?
4 positions (1.2% of EWG) are unique to EWG, led by SRT3, P911 and PAH3. In the other direction, 1425 positions (92.8% of SCHF) are unique to SCHF.