GSIE vs VGK: Holdings Overlap
GSIEGoldman Sachs ActiveBeta(R) International Equity ETF
Goldman Sachs · 657 holdings · $6.0B · as of 2026-05-31
VGKVanguard European Stock Index Fund
Vanguard · 1222 holdings · $30.9B · as of 2026-04-30
Holdings snapshots are 31 days apart (GSIE: 2026-05-31, VGK: 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 VGK?
Goldman Sachs ActiveBeta(R) International Equity ETF (GSIE, by Goldman Sachs) holds 657 positions; Vanguard European Stock Index Fund (VGK, by Vanguard) holds 1222. They have 338 holdings in common, and by portfolio weight the two funds are 42.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 42.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 338GSIE holds 657 · VGK holds 1222
- Weight in Shared Holdings
- GSIE 56%·VGK 82%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
319 of 657 positions (43.4% of the fund) are not held by VGK. Showing the top 30 by weight.
Sector Breakdown
| Sector | GSIE | VGK |
|---|---|---|
| Financials | 24.0% | 21.4% |
| Industrials | 15.3% | 16.6% |
| Health Care | 8.0% | 11.1% |
| Information Technology | 9.0% | 7.4% |
| Consumer Staples | 6.9% | 7.4% |
| Other Sectors | 21.2% | 21.9% |
| Unclassified | 15.0% | 13.7% |
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, 14% of VGK).
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% |
| VGK | +4.0% | +12.8% | +23.3% | +17.9% | +9.6% | +10.3% | 2.77% |
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 VGK →
Shared Holdings(338)
The top 10 shared positions account for 22% of the overlap, led by ASML, HSBA and NOVN.
 ASMLASML Holding NV | 2.11% | 3.61% | 2.11% |
|---|---|---|---|
 HSBAHSBC Holdings PLC | 1.06% | 2.03% | 1.06% |
 NOVNNovartis AG (Registered) | 1.02% | 1.83% | 1.02% |
 ROPRoche Holding AG | 1.01% | 1.84% | 1.01% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.88% | 1.83% | 0.88% |
 SANBanco Santander SA | 0.80% | 1.15% | 0.80% |
 SHELShell PLC | 0.61% | 1.66% | 0.61% |
 NESNNestle SA (Registered) | 0.60% | 1.68% | 0.60% |
 SIESiemens AG (Registered) | 0.58% | 1.40% | 0.58% |
 ALVAllianz SE (Registered) | 0.57% | 1.12% | 0.57% |
 BBVABanco Bilbao Vizcaya Argentaria SA | 0.55% | 0.81% | 0.55% |
 SAPSAP SE ORD NPV | 0.48% | 1.11% | 0.48% |
 TTETotalEnergies SE EUR2.5 | 0.46% | 1.09% | 0.46% |
 NOVOBNovo Nordisk A/S, Class B | 0.42% | 0.87% | 0.42% |
 ENRSiemens Energy AG | 0.42% | 1.01% | 0.42% |
 UCGUniCredit SpA | 0.40% | 0.75% | 0.40% |
 BNPBNP Paribas SA | 0.40% | 0.67% | 0.40% |
 BARCBarclays PLC | 0.38% | 0.53% | 0.38% |
 UBSGUBS Group AG (Registered) | 0.38% | 0.89% | 0.38% |
 IBEIberdrola SA | 0.37% | 0.99% | 0.37% |
 INGAING Groep NV | 0.37% | 0.54% | 0.37% |
 GSKGSK plc | 0.36% | 0.67% | 0.36% |
 SUSchneider Electric SE | 0.36% | 1.11% | 0.36% |
 DHLDeutsche Post AG | 0.42% | 0.35% | 0.35% |
 DBKDeutsche Bank AG | 0.38% | 0.35% | 0.35% |
Showing the top 250 of 338 shared holdings by overlap weight.
Frequently Asked Questions
How much do GSIE and VGK overlap?
GSIE and VGK overlap by 42.1% of portfolio weight. They share 338 holdings (GSIE holds 657 positions and VGK holds 1222), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GSIE and VGK?
The two portfolios are 42.1% 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 VGK?
The largest positions held by both funds are ASML, HSBA, NOVN, ROP and AZN. Together the top 10 shared positions account for 22% of the total overlap.
What does GSIE own that VGK doesn't?
319 positions (43.4% of GSIE) are unique to GSIE, led by RY, TD and 6857. In the other direction, 884 positions (17.8% of VGK) are unique to VGK.