ACWX vs IEFA overlap - what they share and where they differ

ACWX and IEFA share 58.2% of their weight across 649 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

ACWX and IEFA

58.2%

649 shared positions

ACWX

iShares MSCI ACWI ex U.S. ETF

Reported positions cover 98% of the fund, 1,483 positions · Apr 30, 2026

Top 10: 14.9%·Holdings of ACWX

IEFA

iShares Core MSCI EAFE ETF

Reported positions cover 97% of the fund, 1,568 positions · Apr 30, 2026

Top 10: 12.0%·Holdings of IEFA

Reported positions cover ACWX 98%, IEFA 97% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

IEFA vs ACWX side by side

ACWXiShares MSCI ACWI ex U.S. ETF

1,483

stock positions reported to the SEC

39.4% of its weight is in 834 names IEFA does not hold

IEFAiShares Core MSCI EAFE ETF

1,568

stock positions reported to the SEC

12.4% of its weight is in 919 names ACWX does not hold

Where each fund's weight sits

ACWX
IEFA
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
11.8%
5.1%
Financial Services
9.0%
8.5%
Healthcare
3.2%
4.6%
Basic Materials
3.1%
0.0%
Energy
2.9%
2.8%
Consumer Cyclical
0.0%
1.8%

The widest gap is Technology: ACWX has 6.7 points more of it.

The figures side by side

ACWXIEFA
Filing dateApr 30, 2026Apr 30, 2026
Stock positions reported1,4831,568
Weight of the ten largest14.9%12.0%
Largest positionTSM 4.7%ASML 2.2%
Held alone834 positions, 39.4%919 positions, 12.4%
Covered by stock positions98%97%

Holdings they share

StockIn ACWXIn IEFACounted
ASMLASML Holding N.V.1.54%2.21%1.54%
HSBCHSBC HOLDINGS PLC0.86%1.24%0.86%
MUFGMitsubishi Corporation0.86%1.21%0.86%
ROCHE HOLDING AG0.82%1.18%0.82%
AZNASTRAZENECA PLC0.80%1.16%0.80%
NVSNovartis AG0.76%1.11%0.76%
NESTLE S.A.0.71%1.03%0.71%
SHELSHELL PLC0.71%1.02%0.71%
SIEMENS AKTIENGESELLSCHAFT0.62%0.89%0.62%
COMMONWEALTH BANK OF AUSTRALIA0.57%0.83%0.57%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in ACWX

TSMTaiwan Semiconductor Manufacturing Company Limited4.67%
SAMSUNG ELECTRONICS CO., LTD.2.19%
SKHYSK hynix Inc.1.33%
TENCENT HOLDINGS LIMITED1.07%
BABAAlibaba Group Holding Limited0.79%
RYROYAL BANK OF CANADA0.69%
TDTHE TORONTO-DOMINION BANK0.50%
SHOPSHOPIFY INC.0.40%
DELTA ELECTRONICS, INC.0.37%
MEDIATEK INC.0.35%

Only in IEFA

FURUKAWA ELECTRIC CO., LTD.0.07%
MITSUI KINZOKU COMPANY, LIMITED0.06%
PLS GROUP LIMITED0.06%
RESONAC HOLDINGS CORPORATION0.06%
DIPLOMA PLC0.05%
ENLTENLIGHT RENEWABLE ENERGY LTD0.05%
ACCELLERON INDUSTRIES AG0.04%
BEAZLEY PLC0.04%
BLUESCOPE STEEL LIMITED0.04%
GAZTRANSPORT ET TECHNIGAZ SA0.04%

Questions people ask

Is ACWX the same as IEFA?

58.2% of their weight sits in the same 649 holdings. ACWX also reports TSM, SAMSUNG ELECTRONICS CO., LTD., SKHY, which the other does not. IEFA also reports FURUKAWA ELECTRIC CO., LTD., MITSUI KINZOKU COMPANY, LIMITED, PLS GROUP LIMITED, which the other does not.

How is the overlap between ACWX and IEFA measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 98% of ACWX and 97% of IEFA, so the number cannot exceed the smaller coverage.

Which holds more, IEFA or ACWX?

ACWX reports 1,483 stock positions and IEFA reports 1,568. 39.4% of ACWX's weight sits in names IEFA does not hold, and 12.4% of IEFA's weight in names ACWX does not hold. The ten largest positions are 14.9% of ACWX and 12.0% of IEFA.

How do ACWX and IEFA differ by sector?

The widest gap is Technology: ACWX has 6.7 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Other pairs with these funds

ACWX against other funds in the table

IEFA against other funds in the table

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.