ACWX vs VEU overlap - what they share and where they differ
ACWX and VEU share 46.8% of their weight across 459 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
46.8%
459 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
VEU
VANGUARD FTSE ALL-WORLD EX-US INDEX FUND
Reported positions cover 97% of the fund, 1,935 positions · Apr 30, 2026
Top 10: 13.5%·Holdings of VEU
Reported positions cover ACWX 98%, VEU 97% 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
1,483
stock positions reported to the SEC
47.3% of its weight is in 1,024 names VEU does not hold
VEUVANGUARD FTSE ALL-WORLD EX-US INDEX FUND
1,935
stock positions reported to the SEC
49.4% of its weight is in 1,476 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 | Apr 30, 2026 | Apr 30, 2026 |
| Stock positions reported | 1,483 | 1,935 |
| Weight of the ten largest | 14.9% | 13.5% |
| Largest position | TSM 4.7% | TSM 4.3% |
| Held alone | 1,024 positions, 47.3% | 1,476 positions, 49.4% |
| Covered by stock positions | 98% | 97% |
Holdings they share
| Stock | In ACWX | In VEU | Counted |
|---|---|---|---|
| TSMTaiwan Semiconductor Manufacturing Company Limited | 4.67% | 4.29% | 4.29% |
| ASMLASML Holding N.V. | 1.54% | 1.43% | 1.43% |
| SKHYSK hynix Inc. | 1.33% | 1.23% | 1.23% |
| HSBCHSBC HOLDINGS PLC | 0.86% | 0.80% | 0.80% |
| MUFGMitsubishi Corporation | 0.86% | 0.77% | 0.77% |
| ROCHE HOLDING AG | 0.82% | 0.76% | 0.76% |
| BABAAlibaba Group Holding Limited | 0.79% | 0.75% | 0.75% |
| AZNASTRAZENECA PLC | 0.80% | 0.72% | 0.72% |
| NVSNovartis AG | 0.76% | 0.72% | 0.72% |
| SHELSHELL PLC | 0.71% | 0.66% | 0.66% |
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?
46.8% of their weight sits in the same 459 holdings. ACWX also reports SAMSUNG ELECTRONICS CO., LTD., TENCENT HOLDINGS LIMITED, NESTLE S.A., which the other does not. VEU also reports SAMSUNG ELECTRONICS CO LTD, TENCENT HOLDINGS LTD, NESTLE 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 97% of VEU, so the number cannot exceed the smaller coverage.
Which holds more, VEU or ACWX?
ACWX reports 1,483 stock positions and VEU reports 1,935. 47.3% of ACWX's weight sits in names VEU does not hold, and 49.4% of VEU's weight in names ACWX does not hold. The ten largest positions are 14.9% of ACWX and 13.5% 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
ACWX against other funds in the table
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.