IEUR vs VEU: Holdings Overlap
IEURiShares Core MSCI Europe ETF
iShares · 1017 holdings · $9.1B · as of 2026-04-30
VEUVanguard FTSE All-world Ex-us Index Fund
Vanguard · 3855 holdings · $69.8B · as of 2026-04-30
How similar are IEUR and VEU?
iShares Core MSCI Europe ETF (IEUR, by iShares) holds 1017 positions; Vanguard FTSE All-world Ex-us Index Fund (VEU, by Vanguard) holds 3855. They have 466 holdings in common, and by portfolio weight the two funds are 35.2% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 35.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 466IEUR holds 1017 · VEU holds 3855
- Weight in Shared Holdings
- IEUR 91%·VEU 35%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
551 of 1017 positions (8.8% of the fund) are not held by VEU. Showing the top 30 by weight.
Only in VEU
3389 of 3855 positions (63.6% of the fund) are not held by IEUR. Showing the top 30 by weight.
Sector Breakdown
| Sector | IEUR | VEU |
|---|---|---|
| Financials | 20.9% | 20.0% |
| Industrials | 16.8% | 11.7% |
| Information Technology | 7.4% | 16.2% |
| Health Care | 11.1% | 5.6% |
| Consumer Staples | 7.9% | 4.4% |
| Other Sectors | 23.1% | 23.6% |
| Unclassified | 12.2% | 17.4% |
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 VEU).
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% |
| VEU | +2.8% | +16.6% | +28.4% | +19.2% | +9.6% | +9.9% | 2.48% |
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 VEU →
Shared Holdings(466)
The top 10 shared positions account for 20% of the overlap, led by ASML, HSBA and ROP.
 ASMLASML Holding NV | 3.56% | 1.43% | 1.43% |
|---|---|---|---|
 HSBAHSBC Holdings PLC | 2.00% | 0.80% | 0.80% |
 ROPRoche Holding AG | 1.82% | 0.73% | 0.73% |
 AZNAstraZeneca PLC ORD USD0.25 | 1.87% | 0.72% | 0.72% |
 NOVNNovartis AG (Registered) | 1.78% | 0.72% | 0.72% |
 NESNNestle SA (Registered) | 1.66% | 0.66% | 0.66% |
 SHELShell PLC | 1.64% | 0.66% | 0.66% |
 SIESiemens AG (Registered) | 1.43% | 0.56% | 0.56% |
 SANBanco Santander SA | 1.14% | 0.45% | 0.45% |
 ALVAllianz SE (Registered) | 1.10% | 0.44% | 0.44% |
 SAPSAP SE | 1.11% | 0.44% | 0.44% |
 SUSchneider Electric SE | 1.11% | 0.44% | 0.44% |
 TTETotalEnergies SE EUR2.5 | 1.17% | 0.43% | 0.43% |
 ENRSiemens Energy AG | 1.04% | 0.40% | 0.40% |
 ABBNABB Ltd. (Registered) | 1.01% | 0.40% | 0.40% |
 IBEIberdrola SA | 0.95% | 0.39% | 0.39% |
 UBSGUBS Group AG (Registered) | 0.89% | 0.35% | 0.35% |
 RR-Rolls-Royce Holdings PLC | 0.86% | 0.35% | 0.35% |
 MCLVMH Moet Hennessy Louis Vuitton SE | 0.84% | 0.35% | 0.35% |
 NOVOBNovo Nordisk A/S, Class B | 0.87% | 0.35% | 0.35% |
 BBVABanco Bilbao Vizcaya Argentaria SA | 0.80% | 0.32% | 0.32% |
 ULVRUnilever PLC | 0.81% | 0.32% | 0.32% |
 BP-BP plc | 0.79% | 0.32% | 0.32% |
 BATSBritish American Tobacco PLC | 0.81% | 0.32% | 0.32% |
 AIRAirbus SE | 0.78% | 0.31% | 0.31% |
Showing the top 250 of 466 shared holdings by overlap weight.
Frequently Asked Questions
How much do IEUR and VEU overlap?
IEUR and VEU overlap by 35.2% of portfolio weight. They share 466 holdings (IEUR holds 1017 positions and VEU holds 3855), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IEUR and VEU?
The two portfolios are 35.2% 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 VEU?
The largest positions held by both funds are ASML, HSBA, ROP, AZN and NOVN. Together the top 10 shared positions account for 20% of the total overlap.
What does IEUR own that VEU doesn't?
551 positions (8.8% of IEUR) are unique to IEUR, led by SPOT, NBIS and Euro. In the other direction, 3389 positions (63.6% of VEU) are unique to VEU.