IEUR vs VNQI: Holdings Overlap
IEURiShares Core MSCI Europe ETF
iShares · 1017 holdings · $9.1B · as of 2026-04-30
VNQIVanguard Global Ex-u.s. Real Estate Index Fund
Vanguard · 710 holdings · $3.6B · as of 2026-04-30
How similar are IEUR and VNQI?
iShares Core MSCI Europe ETF (IEUR, by iShares) holds 1017 positions; Vanguard Global Ex-u.s. Real Estate Index Fund (VNQI, by Vanguard) holds 710. They have 62 holdings in common, and by portfolio weight the two funds are 1.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 62IEUR holds 1017 · VNQI holds 710
- Weight in Shared Holdings
- IEUR 1%·VNQI 20%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
955 of 1017 positions (97.9% of the fund) are not held by VNQI. Showing the top 30 by weight.
Only in VNQI
648 of 710 positions (78.6% of the fund) are not held by IEUR. Showing the top 30 by weight.
Sector Breakdown
| Sector | IEUR | VNQI |
|---|---|---|
| Real Estate | 1.2% | 64.7% |
| Financials | 20.9% | 0.0% |
| Industrials | 16.8% | 0.0% |
| Health Care | 11.1% | 0.0% |
| Consumer Staples | 7.9% | 0.0% |
| Other Sectors | 29.4% | 0.0% |
| Unclassified | 12.2% | 34.3% |
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, 35% of VNQI).
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% |
| VNQI | +1.6% | +0.8% | +3.4% | +8.5% | -0.7% | +2.2% | 4.66% |
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 VNQI →
Shared Holdings(62)
The top 10 shared positions account for 47% of the overlap, led by VNA, URW and SPSN.
 VNAVonovia SE | 0.13% | 2.05% | 0.13% |
|---|---|---|---|
 URWUnibail-Rodamco-Westfield | 0.09% | 1.34% | 0.09% |
 SPSNSwiss Prime Site AG | 0.09% | 1.26% | 0.09% |
 SGROSegro PLC | 0.08% | 1.16% | 0.08% |
 PSPNPSP Swiss Property AG | 0.06% | 0.83% | 0.06% |
 LIKlepierre SA | 0.06% | 0.81% | 0.06% |
 AEDAedifica SA | 0.06% | 0.64% | 0.06% |
 MRLMerlin Properties Socimi SA | 0.05% | 0.69% | 0.05% |
 LANDLand Securities Group PLC | 0.04% | 0.54% | 0.04% |
 WDPWarehouses De Pauw CVA | 0.03% | 0.45% | 0.03% |
 LEGLEG Immobilien SE | 0.03% | 0.48% | 0.03% |
 CASTCastellum AB | 0.03% | 0.43% | 0.03% |
 BLNDBritish Land Co PLC/The | 0.03% | 0.49% | 0.03% |
 LMPLondonMetric Property PLC | 0.03% | 0.55% | 0.03% |
 SAGABSagax AB | 0.03% | 0.39% | 0.03% |
 BBOXTritax Big Box REIT PLC | 0.03% | 0.46% | 0.03% |
 ALLNAllreal Holding AG | 0.03% | 0.36% | 0.03% |
 BALDBFastighets AB Balder | 0.03% | 0.38% | 0.03% |
 GFCGecina SA | 0.03% | 0.40% | 0.03% |
 MOBNMobimo Holding AG | 0.03% | 0.32% | 0.03% |
 COVCovivio SA/France | 0.02% | 0.33% | 0.02% |
 PHPPrimary Health Properties PLC | 0.02% | 0.30% | 0.02% |
 TEGTAG Immobilien AG | 0.02% | 0.30% | 0.02% |
 SHCShaftesbury Capital PLC | 0.02% | 0.32% | 0.02% |
 WIHLWihlborgs Fastigheter AB | 0.02% | 0.22% | 0.02% |
Frequently Asked Questions
How much do IEUR and VNQI overlap?
IEUR and VNQI overlap by 1.5% of portfolio weight. They share 62 holdings (IEUR holds 1017 positions and VNQI holds 710), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IEUR and VNQI?
The two portfolios are 1.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IEUR and VNQI?
The largest positions held by both funds are VNA, URW, SPSN, SGRO and PSPN. Together the top 10 shared positions account for 47% of the total overlap.
What does IEUR own that VNQI doesn't?
955 positions (97.9% of IEUR) are unique to IEUR, led by ASML, HSBA and AZN. In the other direction, 648 positions (78.6% of VNQI) are unique to VNQI.