IEUR vs SPDW: Holdings Overlap
IEURiShares Core MSCI Europe ETF
iShares · 1017 holdings · $9.1B · as of 2026-04-30
SPDWState Street® SPDR® Portfolio Developed World ex-US ETF
State Street (SPDR) · 2342 holdings · $40.5B · as of 2026-08-04
Holdings snapshots are 96 days apart (IEUR: 2026-04-30, SPDW: 2026-08-04). 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 IEUR and SPDW?
iShares Core MSCI Europe ETF (IEUR, by iShares) holds 1017 positions; State Street® SPDR® Portfolio Developed World ex-US ETF (SPDW, by State Street (SPDR)) holds 2342. They have 669 holdings in common, and by portfolio weight the two funds are 47.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 47.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 669IEUR holds 1017 · SPDW holds 2342
- Weight in Shared Holdings
- IEUR 93%·SPDW 47%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 IEUR
348 of 1017 positions (6.5% of the fund) are not held by SPDW. Showing the top 30 by weight.
Only in SPDW
1673 of 2342 positions (51.2% of the fund) are not held by IEUR. Showing the top 30 by weight.
Sector Breakdown
| Sector | IEUR | SPDW |
|---|---|---|
| Financials | 20.9% | 21.9% |
| Industrials | 16.8% | 13.2% |
| Information Technology | 7.4% | 12.6% |
| Health Care | 11.1% | 6.3% |
| Consumer Staples | 7.9% | 5.1% |
| Other Sectors | 23.1% | 22.3% |
| Unclassified | 12.2% | 17.3% |
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 (12% of IEUR, 18% of SPDW).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IEUR | +3.7% | +12.6% | +22.8% | +17.6% | +9.3% | +10.1% | 3.05% |
| SPDW | +3.1% | +17.9% | +30.1% | +19.9% | +10.1% | +10.3% | 2.94% |
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 IEUR vs SPDW →
Shared Holdings(669)
The top 10 shared positions account for 19% of the overlap, led by ASML, HSBA and ROP.
 ASMLASML Holding NV | 3.56% | 1.96% | 1.96% |
|---|---|---|---|
 HSBAHSBC Holdings PLC | 2.00% | 1.03% | 1.03% |
 ROPRoche Holding AG | 1.82% | 0.93% | 0.93% |
 NOVNNovartis AG (Registered) | 1.78% | 0.83% | 0.83% |
 NESNNestle SA (Registered) | 1.66% | 0.76% | 0.76% |
 SHELShell PLC | 1.64% | 0.76% | 0.76% |
 AZNAstraZeneca PLC ORD USD0.25 | 1.87% | 0.73% | 0.73% |
 SIESiemens AG (Registered) | 1.43% | 0.68% | 0.68% |
 SANBanco Santander SA | 1.14% | 0.64% | 0.64% |
 SAPSAP SE | 1.11% | 0.59% | 0.59% |
 SUSchneider Electric SE | 1.11% | 0.57% | 0.57% |
 ALVAllianz SE (Registered) | 1.10% | 0.56% | 0.56% |
 RR-Rolls-Royce Holdings PLC | 0.86% | 0.54% | 0.54% |
 CSAxa SA EUR2.29 | 0.51% | 0.53% | 0.51% |
 TTETotalEnergies SE EUR2.5 | 1.17% | 0.51% | 0.51% |
 UBSGUBS Group AG (Registered) | 0.89% | 0.50% | 0.50% |
 BBVABanco Bilbao Vizcaya Argentaria SA | 0.80% | 0.48% | 0.48% |
 ABBNABB Ltd. (Registered) | 1.01% | 0.48% | 0.48% |
 UCGUniCredit SpA | 0.69% | 0.47% | 0.47% |
 AIRAirbus SE | 0.78% | 0.44% | 0.44% |
 IBEIberdrola SA | 0.95% | 0.44% | 0.44% |
 NOVOBNovo Nordisk A/S, Class B | 0.87% | 0.42% | 0.42% |
 ULVRUnilever PLC | 0.81% | 0.41% | 0.41% |
 MCLVMH Moet Hennessy Louis Vuitton SE | 0.84% | 0.41% | 0.41% |
 SAFSafran SA | 0.73% | 0.40% | 0.40% |
Showing the top 250 of 669 shared holdings by overlap weight.
Frequently Asked Questions
How much do IEUR and SPDW overlap?
IEUR and SPDW overlap by 47.1% of portfolio weight. They share 669 holdings (IEUR holds 1017 positions and SPDW holds 2342), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IEUR and SPDW?
The two portfolios are 47.1% 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 IEUR and SPDW?
The largest positions held by both funds are ASML, HSBA, ROP, NOVN and NESN. Together the top 10 shared positions account for 19% of the total overlap.
What does IEUR own that SPDW doesn't?
348 positions (6.5% of IEUR) are unique to IEUR, led by SAN, BA- and SUNB. In the other direction, 1673 positions (51.2% of SPDW) are unique to SPDW.