EZU vs MXI: Holdings Overlap
iShares · 226 holdings · $9.8B · as of 2026-05-31
MXIiShares Global Materials ETF
iShares · 101 holdings · $349M · as of 2026-03-31
Holdings snapshots are 61 days apart (EZU: 2026-05-31, MXI: 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 EZU and MXI?
iShares MSCI Eurozone ETF (EZU, by iShares) holds 226 positions; iShares Global Materials ETF (MXI, by iShares) holds 101. They have 12 holdings in common, and by portfolio weight the two funds are 3.9% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 12EZU holds 226 · MXI holds 101
- Weight in Shared Holdings
- EZU 4%·MXI 10%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
214 of 226 positions (95.4% of the fund) are not held by MXI. Showing the top 30 by weight.
Sector Breakdown
| Sector | EZU | MXI |
|---|---|---|
| Materials | 3.9% | 99.5% |
| Financials | 23.5% | 0.0% |
| Industrials | 19.2% | 0.0% |
| Information Technology | 15.4% | 0.0% |
| Consumer Discretionary | 6.9% | 0.0% |
| Other Sectors | 25.5% | 0.2% |
| Unclassified | 5.4% | 0.0% |
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, 0% of MXI).
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% |
| MXI | +6.2% | +18.1% | +32.9% | +13.0% | +7.2% | +10.9% | 1.62% |
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 MXI →
Shared Holdings(12)
The top 10 shared positions account for 99% of the overlap, led by AI, BAS and HEI.
 AIAir Liquide S.A.(L') EUR5.50 | 1.54% | 4.04% | 1.54% |
|---|---|---|---|
 BASBASF SE | 0.68% | 1.86% | 0.68% |
 HEIHeidelberg Materials AG NPV | 0.38% | 0.91% | 0.38% |
 MTArcelorMittal SA | 0.38% | 0.74% | 0.38% |
 UPMUPM-Kymmene Oyj | 0.20% | 0.56% | 0.20% |
 DSFIRDSM-Firmenich AG | 0.19% | 0.60% | 0.19% |
 AKZAAkzo Nobel NV | 0.17% | 0.33% | 0.17% |
 SY1Symrise AG | 0.16% | 0.38% | 0.16% |
 STERVStora Enso OYJ, Class R | 0.09% | 0.24% | 0.09% |
 SYENSSyensqo SA NPV | 0.07% | 0.14% | 0.07% |
| Euro | 0.50% | 0.03% | 0.03% |
| GREAT BRITISH POUND | 0.03% | 0.01% | 0.01% |
Frequently Asked Questions
How much do EZU and MXI overlap?
EZU and MXI overlap by 3.9% of portfolio weight. They share 12 holdings (EZU holds 226 positions and MXI holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EZU and MXI?
The two portfolios are 3.9% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of EZU and MXI?
The largest positions held by both funds are AI, BAS, HEI, MT and UPM. Together the top 10 shared positions account for 99% of the total overlap.
What does EZU own that MXI doesn't?
214 positions (95.4% of EZU) are unique to EZU, led by ASML, SIE and SAP. In the other direction, 89 positions (89.9% of MXI) are unique to MXI.