IEFA vs DBEF: Holdings Overlap
IEFAiShares Core MSCI EAFE ETF
iShares · 2632 holdings · $193.5B · as of 2026-04-30
DBEFXtrackers MSCI EAFE Hedged Equity ETF
Xtrackers (DWS) · 676 holdings · $9.3B · as of 2026-05-29
How similar are IEFA and DBEF?
iShares Core MSCI EAFE ETF (IEFA, by iShares) holds 2632 positions; Xtrackers MSCI EAFE Hedged Equity ETF (DBEF, by Xtrackers (DWS)) holds 676. They have 669 holdings in common, and by portfolio weight the two funds are 84.2% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 84.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 669IEFA holds 2632 · DBEF holds 676
- Weight in Shared Holdings
- IEFA 85%·DBEF 97%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 IEFA
1963 of 2632 positions (14.7% of the fund) are not held by DBEF. Showing the top 30 by weight.
Sector Breakdown
| Sector | IEFA | DBEF |
|---|---|---|
| Financials | 20.5% | 23.0% |
| Industrials | 16.0% | 17.6% |
| Information Technology | 7.9% | 10.2% |
| Health Care | 8.3% | 9.3% |
| Consumer Staples | 5.9% | 6.5% |
| Other Sectors | 23.8% | 24.9% |
| Unclassified | 17.0% | 5.6% |
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 (17% of IEFA, 6% of DBEF).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IEFA | +4.2% | +14.8% | +24.5% | +17.9% | +9.3% | +9.8% | 3.25% |
| DBEF | +2.8% | +16.9% | +29.3% | +19.7% | +14.0% | +12.5% | 2.22% |
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 IEFA vs DBEF →
Shared Holdings(669)
The top 10 shared positions account for 14% of the overlap, led by ASML, HSBA and AZN.
 ASMLASML Holding NV | 2.21% | 2.82% | 2.21% |
|---|---|---|---|
 HSBAHSBC Holdings PLC | 1.24% | 1.45% | 1.24% |
 AZNAstraZeneca PLC ORD USD0.25 | 1.16% | 1.26% | 1.16% |
 ROPRoche Holding AG | 1.13% | 1.33% | 1.13% |
 NOVNNovartis AG (Registered) | 1.11% | 1.24% | 1.11% |
 NESNNestle SA (Registered) | 1.03% | 1.18% | 1.03% |
 SHELShell PLC | 1.02% | 1.06% | 1.02% |
 SIESiemens AG (Registered) | 0.89% | 1.05% | 0.89% |
 CBACommonwealth Bank of Australia | 0.83% | 0.89% | 0.83% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.80% | 0.90% | 0.80% |
 BHPBHP Group Ltd. | 0.79% | 1.03% | 0.79% |
 TTETotalEnergies SE EUR2.5 | 0.73% | 0.78% | 0.73% |
 7203Toyota Motor Corp. NPV | 0.71% | 0.81% | 0.71% |
 SANBanco Santander SA | 0.70% | 0.81% | 0.70% |
 SAPSAP SE ORD NPV | 0.69% | 0.85% | 0.69% |
 SUSchneider Electric SE EUR4.00 | 0.69% | 0.78% | 0.69% |
 ALVAllianz SE (Registered) | 0.68% | 0.76% | 0.68% |
 ENRSiemens Energy AG | 0.65% | 0.66% | 0.65% |
 ABBNABB Ltd. CHF0.12 (REGD) | 0.62% | 0.76% | 0.62% |
 IBEIberdrola, S.A. EUR0.75 | 0.59% | 0.62% | 0.59% |
 6501Hitachi Ltd. NPV | 0.57% | 0.65% | 0.57% |
 UBSGUBS Group AG (Registered) | 0.55% | 0.68% | 0.55% |
 6857Advantest Corp. NPV | 0.56% | 0.54% | 0.54% |
 NOVOBNovo Nordisk A/S, Class B | 0.54% | 0.66% | 0.54% |
 RR-Rolls-Royce Holdings PLC | 0.53% | 0.68% | 0.53% |
Showing the top 250 of 669 shared holdings by overlap weight.
Frequently Asked Questions
How much do IEFA and DBEF overlap?
IEFA and DBEF overlap by 84.2% of portfolio weight. They share 669 holdings (IEFA holds 2632 positions and DBEF holds 676), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IEFA and DBEF?
The two portfolios are 84.2% 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 IEFA and DBEF?
The largest positions held by both funds are ASML, HSBA, AZN, ROP and NOVN. Together the top 10 shared positions account for 14% of the total overlap.
What does IEFA own that DBEF doesn't?
1963 positions (14.7% of IEFA) are unique to IEFA, led by Euro, DPLM and SWISS FRANC. In the other direction, 7 positions (0.3% of DBEF) are unique to DBEF.