EWG vs VEA: Holdings Overlap
iShares · 55 holdings · $1.6B · as of 2026-05-31
VEAVanguard Developed Markets Index Fund
Vanguard · 3886 holdings · $235.0B · as of 2026-03-31
Holdings snapshots are 61 days apart (EWG: 2026-05-31, VEA: 2026-03-31). 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 VEA?
iShares MSCI Germany ETF (EWG, by iShares) holds 55 positions; Vanguard Developed Markets Index Fund (VEA, by Vanguard) holds 3886. They have 51 holdings in common, and by portfolio weight the two funds are 6.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 51EWG holds 55 · VEA holds 3886
- Weight in Shared Holdings
- EWG 99%·VEA 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 VEA.
Sector Breakdown
| Sector | EWG | VEA |
|---|---|---|
| Industrials | 28.6% | 13.9% |
| Financials | 20.0% | 20.4% |
| Information Technology | 15.7% | 9.9% |
| Health Care | 5.9% | 7.3% |
| Materials | 4.8% | 6.2% |
| Other Sectors | 19.4% | 22.9% |
| Unclassified | 5.4% | 18.5% |
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, 19% of VEA).
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% |
| VEA | +3.0% | +17.5% | +29.9% | +19.8% | +10.2% | +10.3% | 2.49% |
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 VEA →
Shared Holdings(51)
The top 10 shared positions account for 61% of the overlap, led by SIE, SAP and ALV.
 SIESiemens AG (Registered) | 11.97% | 0.61% | 0.61% |
|---|---|---|---|
 SAPSAP SE | 9.49% | 0.60% | 0.60% |
 ALVAllianz SE (Registered) | 8.47% | 0.55% | 0.55% |
 ENRSiemens Energy AG | 7.37% | 0.44% | 0.44% |
 DTEDeutsche Telekom AG (Registered) | 6.21% | 0.44% | 0.44% |
 MUV2Muenchener Rueckversicherungs-Gesellschaft AG (Registered) | 3.45% | 0.28% | 0.28% |
 RHMRheinmetall AG | 3.48% | 0.26% | 0.26% |
 IFXInfineon Technologies AG | 6.22% | 0.20% | 0.20% |
 BASBASF SE | 2.66% | 0.19% | 0.19% |
 DB1Deutsche Boerse AG | 2.73% | 0.18% | 0.18% |
 DBKDeutsche Bank AG | 2.96% | 0.18% | 0.18% |
 DHLDeutsche Post AG | 2.75% | 0.17% | 0.17% |
 EOANE ON SE | 2.40% | 0.17% | 0.17% |
 MBGMercedes-Benz Group AG | 2.20% | 0.16% | 0.16% |
 BAYNBayer AG (Registered) | 2.10% | 0.16% | 0.16% |
 RWERWE AG | 2.02% | 0.15% | 0.15% |
 ADSadidas AG | 1.66% | 0.09% | 0.09% |
 HEIHeidelberg Materials AG | 1.49% | 0.09% | 0.09% |
 BMWBayerische Motoren Werke AG | 1.23% | 0.09% | 0.09% |
 CBKCommerzbank AG | 1.58% | 0.08% | 0.08% |
 DTGDaimler Truck Holding AG | 1.13% | 0.08% | 0.08% |
 FREFresenius SE & Co KGaA | 0.90% | 0.07% | 0.07% |
 VOW3Volkswagen AG | 1.10% | 0.07% | 0.07% |
 MTXMTU Aero Engines AG | 0.99% | 0.07% | 0.07% |
 HNR1Hannover Rueck SE | 0.82% | 0.06% | 0.06% |
Frequently Asked Questions
How much do EWG and VEA overlap?
EWG and VEA overlap by 6.2% of portfolio weight. They share 51 holdings (EWG holds 55 positions and VEA holds 3886), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWG and VEA?
The two portfolios are 6.2% 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 VEA?
The largest positions held by both funds are SIE, SAP, ALV, ENR and DTE. Together the top 10 shared positions account for 61% of the total overlap.
What does EWG own that VEA doesn't?
4 positions (1.2% of EWG) are unique to EWG, led by SRT3, P911 and PAH3. In the other direction, 3835 positions (92.9% of VEA) are unique to VEA.