FEZ vs EUFN: Holdings Overlap
FEZState Street® SPDR® EURO STOXX 50® ETF
State Street (SPDR) · 51 holdings · $4.5B · as of 2026-08-06
EUFNiShares MSCI Europe Financials ETF
iShares · 90 holdings · $4.3B · as of 2026-04-30
Holdings snapshots are 98 days apart (FEZ: 2026-08-06, EUFN: 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 FEZ and EUFN?
State Street® SPDR® EURO STOXX 50® ETF (FEZ, by State Street (SPDR)) holds 50 positions; iShares MSCI Europe Financials ETF (EUFN, by iShares) holds 90. They have 13 holdings in common, and by portfolio weight the two funds are 28.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 28.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 13FEZ holds 50 · EUFN holds 90
- Weight in Shared Holdings
- FEZ 28%·EUFN 36%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 FEZ
37 of 51 positions (69.5% of the fund) are not held by EUFN. Showing the top 30 by weight.
Sector Breakdown
| Sector | FEZ | EUFN |
|---|---|---|
| Financials | 28.2% | 96.2% |
| Industrials | 21.9% | 0.0% |
| Information Technology | 12.6% | 0.0% |
| Consumer Discretionary | 9.6% | 0.0% |
| Consumer Staples | 5.3% | 0.0% |
| Other Sectors | 20.1% | 0.2% |
| Unclassified | 0.0% | 2.4% |
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 (0% of FEZ, 2% of EUFN).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FEZ | +4.7% | +13.6% | +24.4% | +19.4% | +11.9% | +11.5% | 2.48% |
| EUFN | +5.9% | +17.9% | +32.6% | +34.9% | +21.7% | +14.8% | 3.89% |
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 FEZ vs EUFN →
Shared Holdings(13)
The top 10 shared positions account for 89% of the overlap, led by SAN, ALV and BBVA.
 SANBanco Santander SA | 4.16% | 5.30% | 4.16% |
|---|---|---|---|
 ALVAllianz SE NPV(REGD)(VINKULIERT) | 3.69% | 5.13% | 3.69% |
 BBVABanco Bilbao Vizcaya Argentaria SA | 3.05% | 3.73% | 3.05% |
 UCGUniCredit SpA | 2.81% | 3.20% | 2.81% |
 BNPBNP Paribas SA EUR2 | 2.57% | 3.12% | 2.57% |
 ISPIntesa Sanpaolo S.p.A. NPV | 2.30% | 2.80% | 2.30% |
 INGAING Groep NV | 1.98% | 2.50% | 1.98% |
 CSAxa SA EUR2.29 | 1.74% | 2.38% | 1.74% |
 MUV2Muenchener Rueckversicherungs-Gesellschaft AG (Registered) | 1.46% | 2.31% | 1.46% |
 DBKDeutsche Bank AG (Registered) | 1.38% | 1.67% | 1.38% |
 NDA-FINordea Bank ABP NPV | 1.31% | 1.72% | 1.31% |
 DB1Deutsche Boerse AG | 1.10% | 1.71% | 1.10% |
 ADYENAdyen NV | 0.65% | 0.84% | 0.65% |
Frequently Asked Questions
How much do FEZ and EUFN overlap?
FEZ and EUFN overlap by 28.2% of portfolio weight. They share 13 holdings (FEZ holds 50 positions and EUFN holds 90), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FEZ and EUFN?
The two portfolios are 28.2% 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 FEZ and EUFN?
The largest positions held by both funds are SAN, ALV, BBVA, UCG and BNP. Together the top 10 shared positions account for 89% of the total overlap.
What does FEZ own that EUFN doesn't?
37 positions (69.5% of FEZ) are unique to FEZ, led by ASML, SIE and SU. In the other direction, 77 positions (62.5% of EUFN) are unique to EUFN.