GSIE vs IEFA: Holdings Overlap
GSIEGoldman Sachs ActiveBeta(R) International Equity ETF
Goldman Sachs · 657 holdings · $6.0B · as of 2026-05-31
IEFAiShares Core MSCI EAFE ETF
iShares · 2632 holdings · $193.5B · as of 2026-04-30
Holdings snapshots are 31 days apart (GSIE: 2026-05-31, IEFA: 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 IEFA?
Goldman Sachs ActiveBeta(R) International Equity ETF (GSIE, by Goldman Sachs) holds 657 positions; iShares Core MSCI EAFE ETF (IEFA, by iShares) holds 2632. They have 583 holdings in common, and by portfolio weight the two funds are 57.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 57.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 583GSIE holds 657 · IEFA holds 2632
- Weight in Shared Holdings
- GSIE 88%·IEFA 80%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
74 of 657 positions (11.8% of the fund) are not held by IEFA. Showing the top 30 by weight.
Sector Breakdown
| Sector | GSIE | IEFA |
|---|---|---|
| Financials | 24.0% | 20.5% |
| Industrials | 15.3% | 16.0% |
| Information Technology | 9.0% | 7.9% |
| Health Care | 8.0% | 8.3% |
| Consumer Staples | 6.9% | 5.9% |
| Other Sectors | 21.2% | 23.8% |
| Unclassified | 15.0% | 17.0% |
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 (15% of GSIE, 17% of IEFA).
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% |
| IEFA | +4.2% | +14.8% | +24.5% | +17.9% | +9.3% | +9.8% | 3.25% |
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 IEFA →
Shared Holdings(583)
The top 10 shared positions account for 16% of the overlap, led by ASML, HSBA and NOVN.
 ASMLASML Holding NV | 2.11% | 2.21% | 2.11% |
|---|---|---|---|
 HSBAHSBC Holdings PLC | 1.06% | 1.24% | 1.06% |
 NOVNNovartis AG (Registered) | 1.02% | 1.11% | 1.02% |
 ROPRoche Holding AG | 1.01% | 1.13% | 1.01% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.88% | 1.16% | 0.88% |
 SANBanco Santander SA | 0.80% | 0.70% | 0.70% |
 SHELShell PLC | 0.61% | 1.02% | 0.61% |
 NESNNestle SA (Registered) | 0.60% | 1.03% | 0.60% |
 SIESiemens AG (Registered) | 0.58% | 0.89% | 0.58% |
 ALVAllianz SE (Registered) | 0.57% | 0.68% | 0.57% |
 6857Advantest Corp. NPV | 0.77% | 0.56% | 0.56% |
 BHPBHP Group Ltd. | 0.50% | 0.79% | 0.50% |
 BBVABanco Bilbao Vizcaya Argentaria SA | 0.55% | 0.50% | 0.50% |
 8035Tokyo Electron Ltd. NPV | 0.49% | 0.52% | 0.49% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.48% | 0.80% | 0.48% |
 SAPSAP SE ORD NPV | 0.48% | 0.69% | 0.48% |
 TTETotalEnergies SE EUR2.5 | 0.46% | 0.73% | 0.46% |
 NOVOBNovo Nordisk A/S, Class B | 0.42% | 0.54% | 0.42% |
 CBACommonwealth Bank of Australia | 0.42% | 0.83% | 0.42% |
 ENRSiemens Energy AG | 0.42% | 0.65% | 0.42% |
 UCGUniCredit SpA | 0.40% | 0.43% | 0.40% |
 BNPBNP Paribas SA | 0.40% | 0.42% | 0.40% |
 ORL'Oreal SA | 0.39% | 0.41% | 0.39% |
 DBSDBS Group Holdings Ltd. | 0.40% | 0.38% | 0.38% |
 UBSGUBS Group AG (Registered) | 0.38% | 0.55% | 0.38% |
Showing the top 250 of 583 shared holdings by overlap weight.
Frequently Asked Questions
How much do GSIE and IEFA overlap?
GSIE and IEFA overlap by 57.1% of portfolio weight. They share 583 holdings (GSIE holds 657 positions and IEFA holds 2632), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GSIE and IEFA?
The two portfolios are 57.1% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of GSIE and IEFA?
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 IEFA doesn't?
74 positions (11.8% of GSIE) are unique to GSIE, led by RY, TD and CM. In the other direction, 2049 positions (19.6% of IEFA) are unique to IEFA.