EWU vs SHLD: Holdings Overlap
EWUiShares MSCI United Kingdom ETF
iShares · 74 holdings · $4.1B · as of 2026-05-31
Global X · 48 holdings · $7.6B · as of 2026-05-31
How similar are EWU and SHLD?
iShares MSCI United Kingdom ETF (EWU, by iShares) holds 74 positions; Global X Defense Tech ETF (SHLD, by Global X) holds 48. They have 1 holdings in common, and by portfolio weight the two funds are 2.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1EWU holds 74 · SHLD holds 48
- Weight in Shared Holdings
- EWU 3%·SHLD 5%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
73 of 74 positions (96.8% of the fund) are not held by SHLD. Showing the top 30 by weight.
Only in SHLD
47 of 48 positions (94.8% of the fund) are not held by EWU. Showing the top 30 by weight.
Sector Breakdown
| Sector | EWU | SHLD |
|---|---|---|
| Industrials | 13.0% | 82.5% |
| Financials | 25.1% | 0.0% |
| Consumer Staples | 15.1% | 0.0% |
| Health Care | 12.6% | 0.0% |
| Energy | 11.0% | 0.0% |
| Other Sectors | 20.1% | 8.0% |
| Unclassified | 2.4% | 9.1% |
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, 9% of SHLD).
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% |
| SHLD | +8.2% | +6.9% | +11.2% | — | — | — | 0.61% |
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 SHLD →
Shared Holdings(1)
 BA-BAE Systems PLC | 2.55% | 4.88% | 2.55% |
|---|
Frequently Asked Questions
How much do EWU and SHLD overlap?
EWU and SHLD overlap by 2.5% of portfolio weight. They share 1 holdings (EWU holds 74 positions and SHLD holds 48), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWU and SHLD?
The two portfolios are 2.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of EWU and SHLD?
The largest positions held by both funds are BA-. Together the top 1 shared positions account for 100% of the total overlap.
What does EWU own that SHLD doesn't?
73 positions (96.8% of EWU) are unique to EWU, led by HSBA, AZN and SHEL. In the other direction, 47 positions (94.8% of SHLD) are unique to SHLD.