FEZ vs IVLU: Holdings Overlap
FEZState Street® SPDR® EURO STOXX 50® ETF
State Street (SPDR) · 51 holdings · $4.5B · as of 2026-08-06
IVLUiShares MSCI Intl Value Factor ETF
iShares · 355 holdings · $4.5B · as of 2026-04-30
Holdings snapshots are 98 days apart (FEZ: 2026-08-06, IVLU: 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 IVLU?
State Street® SPDR® EURO STOXX 50® ETF (FEZ, by State Street (SPDR)) holds 50 positions; iShares MSCI Intl Value Factor ETF (IVLU, by iShares) holds 355. They have 25 holdings in common, and by portfolio weight the two funds are 19.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 19.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 25FEZ holds 50 · IVLU holds 355
- Weight in Shared Holdings
- FEZ 46%·IVLU 19%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
25 of 51 positions (51.8% of the fund) are not held by IVLU.
Sector Breakdown
| Sector | FEZ | IVLU |
|---|---|---|
| Financials | 28.2% | 24.6% |
| Industrials | 21.9% | 16.2% |
| Information Technology | 12.6% | 9.1% |
| Consumer Discretionary | 9.6% | 6.0% |
| Health Care | 5.1% | 8.6% |
| Other Sectors | 20.3% | 28.5% |
| Unclassified | 0.0% | 6.3% |
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, 6% of IVLU).
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% |
| IVLU | +4.9% | +18.8% | +35.6% | +24.5% | +15.9% | +11.5% | 3.16% |
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 IVLU →
Shared Holdings(25)
The top 10 shared positions account for 60% of the overlap, led by SAN, BNP and SIE.
 SANBanco Santander SA | 4.16% | 1.64% | 1.64% |
|---|---|---|---|
 BNPBNP Paribas SA EUR2 | 2.57% | 1.63% | 1.63% |
 SIESiemens AG (Registered) | 4.41% | 1.37% | 1.37% |
 TTETotalEnergies SE EUR2.5 | 3.73% | 1.32% | 1.32% |
| SANSanofi SA EUR2 | 1.84% | 1.17% | 1.17% |
 DTEDeutsche Telekom AG (Registered) | 2.22% | 0.93% | 0.93% |
 BBVABanco Bilbao Vizcaya Argentaria SA | 3.05% | 0.92% | 0.92% |
 BAYNBayer AG (Registered) | 1.07% | 0.88% | 0.88% |
 UCGUniCredit SpA | 2.81% | 0.82% | 0.82% |
 DGVinci SA EUR2.50 | 1.62% | 0.76% | 0.76% |
 MBGMercedes-Benz Group AG ORD NPV(REGD) | 0.74% | 0.71% | 0.71% |
 INGAING Groep NV | 1.98% | 0.66% | 0.66% |
 DBKDeutsche Bank AG (Registered) | 1.38% | 0.64% | 0.64% |
 ABIAnheuser-Busch InBev SA/NV | 1.66% | 0.63% | 0.63% |
 ISPIntesa Sanpaolo S.p.A. NPV | 2.30% | 0.60% | 0.60% |
 DHLDeutsche Post AG | 1.15% | 0.58% | 0.58% |
 ENELEnel S.p.A. EUR1 | 1.71% | 0.55% | 0.55% |
 SGOCie de Saint-Gobain SA | 0.93% | 0.49% | 0.49% |
 CSAxa SA EUR2.29 | 1.74% | 0.48% | 0.48% |
 BASBASF SE | 1.01% | 0.47% | 0.47% |
 ADKoninklijke Ahold Delhaize NV EUR0.01 | 0.65% | 0.43% | 0.43% |
 BMWBayerische Motoren Werke AG EUR1 | 0.43% | 0.48% | 0.43% |
 ENIEni SpA | 1.04% | 0.40% | 0.40% |
 VOW3Volkswagen AG NON VTG PRF NPV | 0.34% | 0.56% | 0.34% |
 NDA-FINordea Bank ABP NPV | 1.31% | 0.29% | 0.29% |
Frequently Asked Questions
How much do FEZ and IVLU overlap?
FEZ and IVLU overlap by 19.2% of portfolio weight. They share 25 holdings (FEZ holds 50 positions and IVLU holds 355), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FEZ and IVLU?
The two portfolios are 19.2% 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 IVLU?
The largest positions held by both funds are SAN, BNP, SIE, TTE and SAN. Together the top 10 shared positions account for 60% of the total overlap.
What does FEZ own that IVLU doesn't?
25 positions (51.8% of FEZ) are unique to FEZ, led by ASML, SU and SAP. In the other direction, 330 positions (79.9% of IVLU) are unique to IVLU.