EFA vs EWU overlap - what they share and where they differ

EFA and EWU share 15.0% of their weight across 70 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.

EFA and EWU

15.0%

70 shared positions

EFA

iShares MSCI EAFE ETF

Reported positions cover 98% of the fund, 651 positions · Apr 30, 2026

Top 10: 13.9%·Holdings of EFA

EWU

iShares MSCI United Kingdom ETF

Reported positions cover 99% of the fund, 71 positions · May 31, 2026

Top 10: 52.4%·Holdings of EWU

Reported positions cover EFA 98%, EWU 99% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

EWU vs EFA side by side

EFAiShares MSCI EAFE ETF

651

stock positions reported to the SEC

82.8% of its weight is in 581 names EWU does not hold

EWUiShares MSCI United Kingdom ETF

71

stock positions reported to the SEC

0.3% of its weight is in 1 names EFA does not hold

Where each fund's weight sits

EFA
EWU
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Financial Services
9.5%
18.7%
Healthcare
5.3%
12.6%
Energy
3.3%
11.0%
Consumer Defensive
0.0%
6.9%
Technology
5.7%
0.0%
Basic Materials
0.0%
3.7%

The widest gap is Financial Services: EWU has 9.2 points more of it.

The figures side by side

EFAEWU
Filing dateApr 30, 2026May 31, 2026
Stock positions reported65171
Weight of the ten largest13.9%52.4%
Largest positionASML 2.6%HSBC 10.1%
Held alone581 positions, 82.8%1 positions, 0.3%
Covered by stock positions98%99%

Holdings they share

StockIn EFAIn EWUCounted
HSBCHSBC HOLDINGS PLC1.45%10.06%1.45%
AZNASTRAZENECA PLC1.35%8.98%1.35%
SHELSHELL PLC1.19%7.51%1.19%
RIORIO TINTO LIMITED0.73%3.74%0.73%
ROLLS-ROYCE HOLDINGS PLC0.62%4.71%0.62%
BRITISH AMERICAN TOBACCO P.L.C.0.59%4.20%0.59%
ULUNILEVER PLC0.59%3.83%0.59%
BPBP P.L.C.0.57%3.47%0.57%
GSKGSK PLC0.49%3.21%0.49%
NGGNATIONAL GRID PLC0.41%2.49%0.41%

What each holds alone

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

Only in EFA

ASMLASML Holding N.V.2.58%
MUFGMitsubishi Corporation1.41%
ROCHE HOLDING AG1.38%
NVSNovartis AG1.29%
NESTLE S.A.1.20%
SIEMENS AKTIENGESELLSCHAFT1.04%
COMMONWEALTH BANK OF AUSTRALIA0.97%
BHPBHP GROUP LIMITED0.93%
SMFGSumitomo Mitsui Trust Group, Inc.0.89%
TTETOTALENERGIES SE0.85%

Only in EWU

WISE GROUP PLC0.26%

Questions people ask

Is EFA the same as EWU?

15.0% of their weight sits in the same 70 holdings. EFA also reports ASML, MUFG, ROCHE HOLDING AG, which the other does not. EWU also reports WISE GROUP PLC, which the other does not.

How is the overlap between EFA and EWU 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 EFA and 99% of EWU, so the number cannot exceed the smaller coverage.

Which holds more, EWU or EFA?

EFA reports 651 stock positions and EWU reports 71. 82.8% of EFA's weight sits in names EWU does not hold, and 0.3% of EWU's weight in names EFA does not hold. The ten largest positions are 13.9% of EFA and 52.4% of EWU.

How do EFA and EWU differ by sector?

The widest gap is Financial Services: EWU has 9.2 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

EFA 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.