ACWX vs VEU overlap - what they share and where they differ
ACWX and VEU share 83.5% of their weight across 1,449 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 VEU
83.5%
1,449 shared positions
ACWX
iShares MSCI ACWI ex U.S. ETF
Reported positions cover 98% of the fund, 1,685 positions · Jul 31, 2026
Top 10: 16.2%·Holdings of ACWX
VEU
VANGUARD FTSE ALL-WORLD EX-US INDEX FUND
Reported positions cover 98% of the fund, 3,463 positions · Jul 31, 2026
Top 10: 14.5%·Holdings of VEU
Reported positions cover ACWX 98%, VEU 98% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
VEU vs ACWX side by side
ACWXiShares MSCI ACWI ex U.S. ETF
1,685
stock positions reported to the SEC
7.3% of its weight is in 236 names VEU does not hold
VEUVANGUARD FTSE ALL-WORLD EX-US INDEX FUND
3,463
stock positions reported to the SEC
14.1% of its weight is in 2,014 names ACWX does not hold
Where each fund's weight sits
Largest sectors for both funds
No sector differs by more than a point between the two.
The figures side by side
| ACWX | VEU | |
|---|---|---|
| Filing date | Jul 31, 2026 | Jul 31, 2026 |
| Stock positions reported | 1,685 | 3,463 |
| Weight of the ten largest | 16.2% | 14.5% |
| Largest position | TSM 4.9% | TSM 4.4% |
| Held alone | 236 positions, 7.3% | 2,014 positions, 14.1% |
| Covered by stock positions | 98% | 98% |
Holdings they share
| Stock | In ACWX | In VEU | Counted |
|---|---|---|---|
| TSMTaiwan Semiconductor Manufacturing Company Limited | 4.93% | 4.44% | 4.44% |
| SAMSUNG ELECTRONICS CO., LTD. | 2.48% | 1.99% | 1.99% |
| ASMLASML Holding N.V. | 1.73% | 1.58% | 1.58% |
| SKHYSK hynix Inc. | 1.70% | 1.56% | 1.56% |
| TENCENT HOLDINGS LIMITED | 1.02% | 0.95% | 0.95% |
| HSBCHSBC HOLDINGS PLC | 0.98% | 0.91% | 0.91% |
| MUFGMitsubishi Corporation | 0.89% | 0.84% | 0.84% |
| ROCHE HOLDING AG | 0.87% | 0.80% | 0.80% |
| RYROYAL BANK OF CANADA | 0.79% | 0.73% | 0.73% |
| NVSNovartis AG | 0.77% | 0.72% | 0.72% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in ACWX
Only in VEU
Questions people ask
Is ACWX the same as VEU?
83.5% of their weight sits in the same 1,449 holdings. ACWX also reports UNICREDIT, SOCIETA PER AZIONI, COMPAGNIE FINANCIERE RICHEMONT SA, L'AIR LIQUIDE SOCIETE ANONYME POUR L'ETUDE ET L'EXPLOITATION DES PROCEDES GEORGES CLAUDE SA, which the other does not. VEU also reports UNICREDIT SPA, AIR LIQUIDE SA, CIE FINANCIERE RICHEMONT SA, which the other does not.
How is the overlap between ACWX and VEU 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 98% of VEU, so the number cannot exceed the smaller coverage.
Which holds more, VEU or ACWX?
ACWX reports 1,685 stock positions and VEU reports 3,463. 7.3% of ACWX's weight sits in names VEU does not hold, and 14.1% of VEU's weight in names ACWX does not hold. The ten largest positions are 16.2% of ACWX and 14.5% of VEU.
How do ACWX and VEU differ by sector?
No sector differs by more than a point between the two. 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
VEU 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.