GSIE vs EFA: Holdings Overlap
GSIEGoldman Sachs ActiveBeta(R) International Equity ETF
Goldman Sachs · 657 holdings · $6.0B · as of 2026-05-31
iShares · 705 holdings · $79.3B · as of 2026-04-30
Holdings snapshots are 31 days apart (GSIE: 2026-05-31, EFA: 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 GSIE and EFA?
Goldman Sachs ActiveBeta(R) International Equity ETF (GSIE, by Goldman Sachs) holds 657 positions; iShares MSCI EAFE ETF (EFA, by iShares) holds 705. They have 575 holdings in common, and by portfolio weight the two funds are 60.1% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 60.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 575GSIE holds 657 · EFA holds 705
- Weight in Shared Holdings
- GSIE 87%·EFA 93%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 GSIE
82 of 657 positions (12.1% of the fund) are not held by EFA. Showing the top 30 by weight.
Sector Breakdown
| Sector | GSIE | EFA |
|---|---|---|
| Financials | 24.0% | 23.8% |
| Industrials | 15.3% | 18.5% |
| Health Care | 8.0% | 9.7% |
| Information Technology | 9.0% | 9.1% |
| Consumer Staples | 6.9% | 6.8% |
| Other Sectors | 21.2% | 25.8% |
| Unclassified | 15.0% | 5.5% |
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 (15% of GSIE, 6% of EFA).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| GSIE | +5.0% | +14.2% | +23.8% | +18.4% | +9.5% | +9.8% | 2.43% |
| EFA | +4.2% | +14.8% | +25.0% | +17.9% | +9.6% | +9.7% | 3.10% |
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 GSIE vs EFA →
Shared Holdings(575)
The top 10 shared positions account for 16% of the overlap, led by ASML, HSBA and NOVN.
 ASMLASML Holding NV | 2.11% | 2.58% | 2.11% |
|---|---|---|---|
 HSBAHSBC Holdings PLC | 1.06% | 1.45% | 1.06% |
 NOVNNovartis AG (Registered) | 1.02% | 1.29% | 1.02% |
 ROPRoche Holding AG | 1.01% | 1.32% | 1.01% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.88% | 1.35% | 0.88% |
 SANBanco Santander SA | 0.80% | 0.82% | 0.80% |
 6857Advantest Corp. NPV | 0.77% | 0.66% | 0.66% |
 SHELShell PLC | 0.61% | 1.19% | 0.61% |
 NESNNestle SA (Registered) | 0.60% | 1.20% | 0.60% |
 SIESiemens AG (Registered) | 0.58% | 1.04% | 0.58% |
 ALVAllianz SE (Registered) | 0.57% | 0.80% | 0.57% |
 BBVABanco Bilbao Vizcaya Argentaria SA | 0.55% | 0.58% | 0.55% |
 BHPBHP Group Ltd. | 0.50% | 0.93% | 0.50% |
 8035Tokyo Electron Ltd. NPV | 0.49% | 0.61% | 0.49% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.48% | 0.93% | 0.48% |
 SAPSAP SE ORD NPV | 0.48% | 0.81% | 0.48% |
 TTETotalEnergies SE EUR2.5 | 0.46% | 0.85% | 0.46% |
 NOVOBNovo Nordisk A/S, Class B | 0.42% | 0.63% | 0.42% |
 CBACommonwealth Bank of Australia | 0.42% | 0.97% | 0.42% |
 ENRSiemens Energy AG | 0.42% | 0.76% | 0.42% |
 UCGUniCredit SpA | 0.40% | 0.50% | 0.40% |
 BNPBNP Paribas SA | 0.40% | 0.49% | 0.40% |
 DBSDBS Group Holdings Ltd. | 0.40% | 0.45% | 0.40% |
 ORL'Oreal SA | 0.39% | 0.48% | 0.39% |
 UBSGUBS Group AG (Registered) | 0.38% | 0.65% | 0.38% |
Showing the top 250 of 575 shared holdings by overlap weight.
Frequently Asked Questions
How much do GSIE and EFA overlap?
GSIE and EFA overlap by 60.1% of portfolio weight. They share 575 holdings (GSIE holds 657 positions and EFA holds 705), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GSIE and EFA?
The two portfolios are 60.1% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of GSIE and EFA?
The largest positions held by both funds are ASML, HSBA, NOVN, ROP and AZN. Together the top 10 shared positions account for 16% of the total overlap.
What does GSIE own that EFA doesn't?
82 positions (12.1% of GSIE) are unique to GSIE, led by RY, TD and CM. In the other direction, 130 positions (6.6% of EFA) are unique to EFA.