GSIE vs IVLU: Holdings Overlap
GSIEGoldman Sachs ActiveBeta(R) International Equity ETF
Goldman Sachs · 657 holdings · $6.0B · as of 2026-05-31
IVLUiShares MSCI Intl Value Factor ETF
iShares · 355 holdings · $4.5B · as of 2026-04-30
Holdings snapshots are 31 days apart (GSIE: 2026-05-31, 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 GSIE and IVLU?
Goldman Sachs ActiveBeta(R) International Equity ETF (GSIE, by Goldman Sachs) holds 657 positions; iShares MSCI Intl Value Factor ETF (IVLU, by iShares) holds 355. They have 309 holdings in common, and by portfolio weight the two funds are 42.6% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 42.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 309GSIE holds 657 · IVLU holds 355
- Weight in Shared Holdings
- GSIE 50%·IVLU 95%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
348 of 657 positions (49.2% of the fund) are not held by IVLU. Showing the top 30 by weight.
Sector Breakdown
| Sector | GSIE | IVLU |
|---|---|---|
| Financials | 24.0% | 24.6% |
| Industrials | 15.3% | 16.2% |
| Information Technology | 9.0% | 9.1% |
| Health Care | 8.0% | 8.6% |
| Materials | 5.6% | 7.2% |
| Other Sectors | 22.4% | 27.4% |
| Unclassified | 15.0% | 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 (15% of GSIE, 6% of IVLU).
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% |
| 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 GSIE vs IVLU →
Shared Holdings(309)
The top 10 shared positions account for 17% of the overlap, led by HSBA, NOVN and ROP.
 HSBAHSBC Holdings PLC | 1.06% | 2.29% | 1.06% |
|---|---|---|---|
 NOVNNovartis AG CHF0.49 (REGD) | 1.02% | 1.63% | 1.02% |
 ROPRoche Holding AG CHF0.001 | 1.01% | 1.67% | 1.01% |
 SANBanco Santander SA | 0.80% | 1.64% | 0.80% |
 SHELShell PLC ORD EUR0.07 | 0.61% | 1.43% | 0.61% |
 SIESiemens AG (Registered) | 0.58% | 1.37% | 0.58% |
 BBVABanco Bilbao Vizcaya Argentaria SA | 0.55% | 0.92% | 0.55% |
 BHPBHP Group Ltd. NPV | 0.50% | 0.99% | 0.50% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.48% | 1.09% | 0.48% |
 TTETotalEnergies SE EUR2.5 | 0.46% | 1.32% | 0.46% |
 ADKoninklijke Ahold Delhaize NV EUR0.01 | 0.46% | 0.43% | 0.43% |
 DHLDeutsche Post AG | 0.42% | 0.58% | 0.42% |
 UCGUniCredit SpA | 0.40% | 0.82% | 0.40% |
 BNPBNP Paribas SA EUR2 | 0.40% | 1.63% | 0.40% |
 BAYNBayer AG (Registered) | 0.39% | 0.88% | 0.39% |
 BNSBank of Nova Scotia COM NPV | 0.39% | 0.40% | 0.39% |
 BARCBarclays PLC | 0.38% | 1.02% | 0.38% |
 VODVodafone Group PLC | 0.38% | 0.69% | 0.38% |
 8053Sumitomo Corp. NPV | 0.38% | 0.79% | 0.38% |
 DBKDeutsche Bank AG (Registered) | 0.38% | 0.64% | 0.38% |
 INGAING Groep NV | 0.37% | 0.66% | 0.37% |
 GSKGSK plc ORD GBP0.3125 | 0.36% | 1.00% | 0.36% |
 MBGMercedes-Benz Group AG ORD NPV(REGD) | 0.36% | 0.71% | 0.36% |
 GLESociete Generale SA | 0.34% | 0.82% | 0.34% |
 BP-BP plc | 0.34% | 0.56% | 0.34% |
Showing the top 250 of 309 shared holdings by overlap weight.
Frequently Asked Questions
How much do GSIE and IVLU overlap?
GSIE and IVLU overlap by 42.6% of portfolio weight. They share 309 holdings (GSIE holds 657 positions and IVLU holds 355), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GSIE and IVLU?
The two portfolios are 42.6% 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 IVLU?
The largest positions held by both funds are HSBA, NOVN, ROP, SAN and SHEL. Together the top 10 shared positions account for 17% of the total overlap.
What does GSIE own that IVLU doesn't?
348 positions (49.2% of GSIE) are unique to GSIE, led by ASML, RY and AZN. In the other direction, 46 positions (4.0% of IVLU) are unique to IVLU.