EZU vs SHLD: Holdings Overlap
iShares · 226 holdings · $9.8B · as of 2026-05-31
Global X · 48 holdings · $7.6B · as of 2026-05-31
How similar are EZU and SHLD?
iShares MSCI Eurozone ETF (EZU, by iShares) holds 226 positions; Global X Defense Tech ETF (SHLD, by Global X) holds 48. They have 5 holdings in common, and by portfolio weight the two funds are 1.7% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 5EZU holds 226 · SHLD holds 48
- Weight in Shared Holdings
- EZU 2%·SHLD 17%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
221 of 226 positions (98.1% of the fund) are not held by SHLD. Showing the top 30 by weight.
Only in SHLD
43 of 48 positions (83.1% of the fund) are not held by EZU. Showing the top 30 by weight.
Sector Breakdown
| Sector | EZU | SHLD |
|---|---|---|
| Industrials | 19.2% | 82.5% |
| Financials | 23.5% | 0.0% |
| Information Technology | 15.4% | 8.0% |
| Consumer Discretionary | 6.9% | 0.0% |
| Utilities | 6.4% | 0.0% |
| Other Sectors | 23.0% | 0.0% |
| Unclassified | 5.4% | 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 (5% of EZU, 9% of SHLD).
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% |
| 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 EZU vs SHLD →
Shared Holdings(5)
The top 5 shared positions account for 100% of the overlap, led by RHM, HO and LDO.
Frequently Asked Questions
How much do EZU and SHLD overlap?
EZU and SHLD overlap by 1.7% of portfolio weight. They share 5 holdings (EZU holds 226 positions and SHLD holds 48), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EZU and SHLD?
The two portfolios are 1.7% 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 SHLD?
The largest positions held by both funds are RHM, HO, LDO, AM and HAG. Together the top 5 shared positions account for 100% of the total overlap.
What does EZU own that SHLD doesn't?
221 positions (98.1% of EZU) are unique to EZU, led by ASML, SIE and SAP. In the other direction, 43 positions (83.1% of SHLD) are unique to SHLD.