EWL vs GSIE: Holdings Overlap
EWLiShares MSCI Switzerland ETF
iShares · 42 holdings · $2.2B · as of 2026-05-31
GSIEGoldman Sachs ActiveBeta(R) International Equity ETF
Goldman Sachs · 657 holdings · $6.0B · as of 2026-05-31
How similar are EWL and GSIE?
iShares MSCI Switzerland ETF (EWL, by iShares) holds 42 positions; Goldman Sachs ActiveBeta(R) International Equity ETF (GSIE, by Goldman Sachs) holds 657. They have 37 holdings in common, and by portfolio weight the two funds are 7.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 37EWL holds 42 · GSIE holds 657
- Weight in Shared Holdings
- EWL 96%·GSIE 8%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 EWL
5 of 42 positions (2.4% of the fund) are not held by GSIE.
Only in GSIE
620 of 657 positions (91.4% of the fund) are not held by EWL. Showing the top 30 by weight.
Sector Breakdown
| Sector | EWL | GSIE |
|---|---|---|
| Health Care | 37.9% | 8.0% |
| Financials | 17.3% | 24.0% |
| Industrials | 11.3% | 15.3% |
| Consumer Staples | 14.3% | 6.9% |
| Information Technology | 1.1% | 9.0% |
| Other Sectors | 13.4% | 21.2% |
| Unclassified | 3.2% | 15.0% |
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 (3% of EWL, 15% of GSIE).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EWL | +1.7% | +9.5% | +22.3% | +13.4% | +7.3% | +10.1% | 1.69% |
| GSIE | +5.0% | +14.2% | +23.8% | +18.4% | +9.5% | +9.8% | 2.43% |
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 EWL vs GSIE →
Shared Holdings(37)
The top 10 shared positions account for 61% of the overlap, led by NOVN, ROP and NESN.
 NOVNNovartis AG (Registered) | 13.56% | 1.02% | 1.02% |
|---|---|---|---|
 ROPRoche Holding AG | 14.03% | 1.01% | 1.01% |
 NESNNestle SA (Registered) | 12.34% | 0.60% | 0.60% |
 UBSGUBS Group AG (Registered) | 5.13% | 0.38% | 0.38% |
 AVOLAvolta AG | 0.48% | 0.33% | 0.33% |
 SGSNSGS SA (Registered) | 1.10% | 0.33% | 0.33% |
 ABBNABB Ltd. (Registered) | 5.41% | 0.33% | 0.33% |
 GEBNGeberit AG | 1.23% | 0.30% | 0.30% |
 LOGNLogitech International S.A., Class R | 1.09% | 0.27% | 0.27% |
 ZURNZurich Insurance Group AG | 4.44% | 0.26% | 0.26% |
 PGHNPartners Group Holding AG | 1.32% | 0.25% | 0.25% |
 KNINKuehne + Nagel International AG | 0.76% | 0.25% | 0.25% |
 VACNVAT Group AG | 1.37% | 0.20% | 0.20% |
 HOLNHolcim AG | 2.64% | 0.20% | 0.20% |
 BEANBelimo Holding AG | 0.70% | 0.18% | 0.18% |
 EMSNEMS-Chemie Holding AG | 0.56% | 0.18% | 0.18% |
 STMNStraumann Holding AG | 0.83% | 0.15% | 0.15% |
 SOONSonova Holding AG | 0.83% | 0.15% | 0.15% |
 HBANHelvetia Baloise Holding AG | 1.37% | 0.15% | 0.15% |
 SLHNSwiss Life Holding AG | 1.69% | 0.14% | 0.14% |
 SRENSwiss Re AG | 2.32% | 0.14% | 0.14% |
 BARNBarry Callebaut AG | 0.46% | 0.12% | 0.12% |
 LONNLonza Group AG (Registered) | 2.35% | 0.11% | 0.11% |
 SCMNSwisscom AG | 1.29% | 0.09% | 0.09% |
 BAERJulius Baer Group Ltd | 1.03% | 0.09% | 0.09% |
Frequently Asked Questions
How much do EWL and GSIE overlap?
EWL and GSIE overlap by 7.9% of portfolio weight. They share 37 holdings (EWL holds 42 positions and GSIE holds 657), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWL and GSIE?
The two portfolios are 7.9% 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 EWL and GSIE?
The largest positions held by both funds are NOVN, ROP, NESN, UBSG and AVOL. Together the top 10 shared positions account for 61% of the total overlap.
What does EWL own that GSIE doesn't?
5 positions (2.4% of EWL) are unique to EWL, led by LISN, LISP and UHR. In the other direction, 620 positions (91.4% of GSIE) are unique to GSIE.