EWU vs BBEU: Holdings Overlap
EWUiShares MSCI United Kingdom ETF
iShares · 74 holdings · $4.1B · as of 2026-05-31
BBEUJPMorgan BetaBuilders Europe ETF
JPMorgan · 365 holdings · $9.4B · as of 2026-04-30
Holdings snapshots are 31 days apart (EWU: 2026-05-31, BBEU: 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 EWU and BBEU?
iShares MSCI United Kingdom ETF (EWU, by iShares) holds 74 positions; JPMorgan BetaBuilders Europe ETF (BBEU, by JPMorgan) holds 365. They have 64 holdings in common, and by portfolio weight the two funds are 23.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 23.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 64EWU holds 74 · BBEU holds 365
- Weight in Shared Holdings
- EWU 97%·BBEU 23%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 EWU
10 of 74 positions (2.9% of the fund) are not held by BBEU.
Sector Breakdown
| Sector | EWU | BBEU |
|---|---|---|
| Financials | 25.1% | 23.6% |
| Industrials | 13.0% | 18.1% |
| Consumer Staples | 15.1% | 8.9% |
| Health Care | 12.6% | 12.4% |
| Energy | 11.0% | 5.6% |
| Other Sectors | 20.1% | 27.2% |
| Unclassified | 2.4% | 3.3% |
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 (2% of EWU, 3% of BBEU).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EWU | +3.2% | +12.2% | +24.2% | +18.7% | +12.2% | +8.6% | 3.07% |
| BBEU | +3.7% | +12.4% | +23.8% | +18.0% | +10.1% | — | 2.82% |
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 EWU vs BBEU →
Shared Holdings(64)
The top 10 shared positions account for 54% of the overlap, led by HSBA, AZN and SHEL.
 HSBAHSBC Holdings PLC | 10.06% | 2.34% | 2.34% |
|---|---|---|---|
 AZNAstraZeneca PLC ORD USD0.25 | 8.98% | 2.18% | 2.18% |
 SHELShell PLC | 7.51% | 1.90% | 1.90% |
 RR-Rolls-Royce Holdings PLC | 4.71% | 0.99% | 0.99% |
 BATSBritish American Tobacco PLC | 4.20% | 0.95% | 0.95% |
 ULVRUnilever PLC | 3.83% | 0.94% | 0.94% |
 BP-BP plc | 3.47% | 0.90% | 0.90% |
 RIORio Tinto PLC | 3.74% | 0.80% | 0.80% |
 GSKGSK plc | 3.21% | 0.78% | 0.78% |
 NG-National Grid PLC | 2.49% | 0.66% | 0.66% |
 BARCBarclays PLC | 2.64% | 0.61% | 0.61% |
 BA-BAE Systems PLC | 2.55% | 0.60% | 0.60% |
 LLOYLloyds Banking Group PLC | 2.51% | 0.59% | 0.59% |
 GLENPENGlencore PLC | 2.37% | 0.55% | 0.55% |
 RELRELX plc | 1.85% | 0.49% | 0.49% |
 NWGNatWest Group PLC | 2.01% | 0.45% | 0.45% |
 LSEGLondon Stock Exchange Group PLC | 1.73% | 0.44% | 0.44% |
 AALAnglo American PLC | 1.87% | 0.39% | 0.39% |
 CPGCompass Group PLC | 1.70% | 0.36% | 0.36% |
 STANStandard Chartered PLC | 1.60% | 0.34% | 0.34% |
 DGEDiageo PLC | 1.42% | 0.33% | 0.33% |
 TSCOTesco PLC | 1.15% | 0.31% | 0.31% |
 RKTReckitt Benckiser Group PLC | 1.24% | 0.30% | 0.30% |
 HLNHaleon PLC | 1.25% | 0.30% | 0.30% |
 SSESSE plc | 1.18% | 0.29% | 0.29% |
Frequently Asked Questions
How much do EWU and BBEU overlap?
EWU and BBEU overlap by 23.0% of portfolio weight. They share 64 holdings (EWU holds 74 positions and BBEU holds 365), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWU and BBEU?
The two portfolios are 23.0% 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 EWU and BBEU?
The largest positions held by both funds are HSBA, AZN, SHEL, RR- and BATS. Together the top 10 shared positions account for 54% of the total overlap.
What does EWU own that BBEU doesn't?
10 positions (2.9% of EWU) are unique to EWU, led by SUNB, EDV and GREAT BRITISH POUND. In the other direction, 301 positions (76.2% of BBEU) are unique to BBEU.