IEFA vs VEA: Holdings Overlap
IEFAiShares Core MSCI EAFE ETF
iShares · 2632 holdings · $193.5B · as of 2026-04-30
VEAVanguard Developed Markets Index Fund
Vanguard · 3886 holdings · $235.0B · as of 2026-03-31
Holdings snapshots are 30 days apart (IEFA: 2026-04-30, VEA: 2026-03-31). 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 IEFA and VEA?
iShares Core MSCI EAFE ETF (IEFA, by iShares) holds 2632 positions; Vanguard Developed Markets Index Fund (VEA, by Vanguard) holds 3886. They have 2420 holdings in common, and by portfolio weight the two funds are 78.3% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 78.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2420IEFA holds 2632 · VEA holds 3886
- Weight in Shared Holdings
- IEFA 97%·VEA 79%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
212 of 2632 positions (1.9% of the fund) are not held by VEA. Showing the top 30 by weight.
Only in VEA
1466 of 3886 positions (20.5% of the fund) are not held by IEFA. Showing the top 30 by weight.
Sector Breakdown
| Sector | IEFA | VEA |
|---|---|---|
| Financials | 20.5% | 20.4% |
| Industrials | 16.0% | 13.9% |
| Information Technology | 7.9% | 9.9% |
| Health Care | 8.3% | 7.3% |
| Materials | 5.4% | 6.2% |
| Other Sectors | 24.3% | 22.9% |
| Unclassified | 17.0% | 18.5% |
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 (17% of IEFA, 19% of VEA).
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% |
| VEA | +3.0% | +17.5% | +29.9% | +19.8% | +10.2% | +10.3% | 2.49% |
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 VEA →
Shared Holdings(2420)
The top 10 shared positions account for 12% of the overlap, led by ASML, NOVN and AZN.
 ASMLASML Holding NV | 2.21% | 1.77% | 1.77% |
|---|---|---|---|
 NOVNNovartis AG (Registered) | 1.11% | 1.01% | 1.01% |
 AZNAstraZeneca PLC ORD USD0.25 | 1.16% | 1.01% | 1.01% |
 HSBAHSBC Holdings PLC | 1.24% | 0.97% | 0.97% |
 ROPRoche Holding AG | 1.13% | 0.96% | 0.96% |
 SHELShell PLC | 1.02% | 0.90% | 0.90% |
 NESNNestle SA (Registered) | 1.03% | 0.87% | 0.87% |
 7203Toyota Motor Corp. NPV | 0.71% | 0.76% | 0.71% |
 CBACommonwealth Bank of Australia | 0.83% | 0.67% | 0.67% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.80% | 0.64% | 0.64% |
 SIESiemens AG (Registered) | 0.89% | 0.61% | 0.61% |
 BHPBHP Group Ltd. | 0.79% | 0.61% | 0.61% |
 SAPSAP SE | 0.69% | 0.60% | 0.60% |
 TTETotalEnergies SE EUR2.5 | 0.73% | 0.57% | 0.57% |
 SANBanco Santander SA | 0.70% | 0.56% | 0.56% |
 ALVAllianz SE (Registered) | 0.68% | 0.55% | 0.55% |
 IBEIberdrola SA | 0.59% | 0.52% | 0.52% |
 SUSchneider Electric SE | 0.69% | 0.51% | 0.51% |
 MCLVMH Moet Hennessy Louis Vuitton SE | 0.52% | 0.48% | 0.48% |
 RR-Rolls-Royce Holdings PLC | 0.53% | 0.44% | 0.44% |
 ENRSiemens Energy AG | 0.65% | 0.44% | 0.44% |
 DTEDeutsche Telekom AG (Registered) | 0.47% | 0.44% | 0.44% |
 6501Hitachi Ltd. NPV | 0.57% | 0.44% | 0.44% |
 ABBNABB Ltd. (Registered) | 0.62% | 0.43% | 0.43% |
 6758Sony Group Corp. NPV | 0.49% | 0.43% | 0.43% |
Showing the top 250 of 2420 shared holdings by overlap weight.
Frequently Asked Questions
How much do IEFA and VEA overlap?
IEFA and VEA overlap by 78.3% of portfolio weight. They share 2420 holdings (IEFA holds 2632 positions and VEA holds 3886), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IEFA and VEA?
The two portfolios are 78.3% 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 VEA?
The largest positions held by both funds are ASML, NOVN, AZN, HSBA and ROP. Together the top 10 shared positions account for 12% of the total overlap.
What does IEFA own that VEA doesn't?
212 positions (1.9% of IEFA) are unique to IEFA, led by SPOT, Euro and TEVA. In the other direction, 1466 positions (20.5% of VEA) are unique to VEA.