EZU vs GSIE: Holdings Overlap
iShares · 226 holdings · $9.8B · 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 EZU and GSIE?
iShares MSCI Eurozone ETF (EZU, by iShares) holds 226 positions; Goldman Sachs ActiveBeta(R) International Equity ETF (GSIE, by Goldman Sachs) holds 657. They have 187 holdings in common, and by portfolio weight the two funds are 28.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 28.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 187EZU holds 226 · GSIE holds 657
- Weight in Shared Holdings
- EZU 93%·GSIE 32%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 EZU
39 of 226 positions (6.7% of the fund) are not held by GSIE. Showing the top 30 by weight.
Only in GSIE
470 of 657 positions (67.5% of the fund) are not held by EZU. Showing the top 30 by weight.
Sector Breakdown
| Sector | EZU | GSIE |
|---|---|---|
| Financials | 23.5% | 24.0% |
| Industrials | 19.2% | 15.3% |
| Information Technology | 15.4% | 9.0% |
| Health Care | 5.2% | 8.0% |
| Consumer Staples | 5.2% | 6.9% |
| Other Sectors | 25.8% | 21.2% |
| Unclassified | 5.4% | 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 (5% of EZU, 15% of GSIE).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EZU | +4.0% | +13.7% | +23.6% | +19.3% | +10.3% | +10.8% | 2.57% |
| 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 EZU vs GSIE →
Shared Holdings(187)
The top 10 shared positions account for 24% of the overlap, led by ASML, SAN and SIE.
 ASMLASML Holding NV | 8.09% | 2.11% | 2.11% |
|---|---|---|---|
 SANBanco Santander SA | 2.37% | 0.80% | 0.80% |
 SIESiemens AG (Registered) | 3.07% | 0.58% | 0.58% |
 ALVAllianz SE (Registered) | 2.17% | 0.57% | 0.57% |
 BBVABanco Bilbao Vizcaya Argentaria SA | 1.72% | 0.55% | 0.55% |
 SAPSAP SE ORD NPV | 2.43% | 0.48% | 0.48% |
 TTETotalEnergies SE EUR2.5 | 2.24% | 0.46% | 0.46% |
 ADKoninklijke Ahold Delhaize NV | 0.48% | 0.46% | 0.46% |
 DHLDeutsche Post AG | 0.71% | 0.42% | 0.42% |
 ENRSiemens Energy AG | 1.89% | 0.42% | 0.42% |
 UCGUniCredit SpA | 1.56% | 0.40% | 0.40% |
 BNPBNP Paribas SA | 1.40% | 0.40% | 0.40% |
 BAYNBayer AG (Registered) | 0.54% | 0.39% | 0.39% |
 ORL'Oreal SA | 1.37% | 0.39% | 0.39% |
 DBKDeutsche Bank AG (Registered) | 0.76% | 0.38% | 0.38% |
 IBEIberdrola, S.A. EUR0.75 | 1.88% | 0.37% | 0.37% |
 INGAING Groep NV | 1.17% | 0.37% | 0.37% |
 MBGMercedes-Benz Group AG | 0.57% | 0.36% | 0.36% |
 SUSchneider Electric SE EUR4.00 | 2.22% | 0.36% | 0.36% |
 GLESociete Generale SA | 0.74% | 0.34% | 0.34% |
 ACSACS Actividades de Construccion y Servicios SA | 0.33% | 0.42% | 0.33% |
 CSAxa SA EUR2.29 | 0.99% | 0.29% | 0.29% |
 ISPIntesa Sanpaolo SpA | 1.21% | 0.29% | 0.29% |
 NNNN Group NV | 0.28% | 0.28% | 0.28% |
 NOKIANokia Oyj | 1.00% | 0.27% | 0.27% |
Frequently Asked Questions
How much do EZU and GSIE overlap?
EZU and GSIE overlap by 28.1% of portfolio weight. They share 187 holdings (EZU holds 226 positions and GSIE holds 657), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EZU and GSIE?
The two portfolios are 28.1% 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 EZU and GSIE?
The largest positions held by both funds are ASML, SAN, SIE, ALV and BBVA. Together the top 10 shared positions account for 24% of the total overlap.
What does EZU own that GSIE doesn't?
39 positions (6.7% of EZU) are unique to EZU, led by RACE, Euro and HO. In the other direction, 470 positions (67.5% of GSIE) are unique to GSIE.