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

EFA and FENI share 32.1% of their weight across 132 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 FENI

32.1%

132 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

FENI

Fidelity Enhanced International ETF

Reported positions cover 98% of the fund, 333 positions · Jun 30, 2026

Top 10: 17.6%·Holdings of FENI

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

FENI vs EFA side by side

EFAiShares MSCI EAFE ETF

651

stock positions reported to the SEC

57.0% of its weight is in 519 names FENI does not hold

FENIFidelity Enhanced International ETF

333

stock positions reported to the SEC

47.5% of its weight is in 201 names EFA does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Financial Services
9.5%
10.3%
Technology
5.7%
8.5%
Healthcare
5.3%
4.2%
Energy
3.3%
3.0%
Basic Materials
0.0%
2.2%
Consumer Cyclical
2.1%
0.0%

The widest gap is Technology: FENI has 2.8 points more of it.

The figures side by side

EFAFENI
Filing dateApr 30, 2026Jun 30, 2026
Stock positions reported651333
Weight of the ten largest13.9%17.6%
Largest positionASML 2.6%ASML 4.1%
Held alone519 positions, 57.0%201 positions, 47.5%
Covered by stock positions98%98%

Holdings they share

StockIn EFAIn FENICounted
ASMLASML Holding N.V.2.58%4.05%2.58%
HSBCHSBC HOLDINGS PLC1.45%1.76%1.45%
ROCHE HOLDING AG1.38%1.71%1.38%
SHELSHELL PLC1.19%1.47%1.19%
NVSNovartis AG1.29%1.10%1.10%
MUFGMitsubishi Corporation1.41%1.01%1.01%
BHPBHP GROUP LIMITED0.93%1.31%0.93%
SMFGSumitomo Mitsui Trust Group, Inc.0.89%0.96%0.89%
AZNASTRAZENECA PLC1.35%0.81%0.81%
SIEMENS ENERGY AG0.76%1.18%0.76%

What each holds alone

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

Only in EFA

NESTLE S.A.1.20%
SIEMENS AKTIENGESELLSCHAFT1.04%
COMMONWEALTH BANK OF AUSTRALIA0.97%
SANBanco Santander, S.A.0.82%
SCHNEIDER ELECTRIC SE0.80%
IBERDROLA, S.A.0.69%
HITACHI, LTD.0.67%
ADVANTEST CORPORATION0.66%
NVONOVO NORDISK A/S0.63%
TOKYO ELECTRON LIMITED0.61%

Only in FENI

NESTLE SA1.74%
SIEMENS AG1.61%
TOKYO ELECTRON LTD1.44%
IBERDROLA SA1.21%
ADVANTEST CORP1.18%
MURATA MANUFACTURING CO LTD1.06%
BANCO SANTANDER SA0.88%
BNP PARIBAS0.85%
FAST RETAILING CO LTD0.82%
HITACHI LTD0.79%

Questions people ask

Is EFA the same as FENI?

32.1% of their weight sits in the same 132 holdings. EFA also reports NESTLE S.A., SIEMENS AKTIENGESELLSCHAFT, COMMONWEALTH BANK OF AUSTRALIA, which the other does not. FENI also reports NESTLE SA, SIEMENS AG, TOKYO ELECTRON LTD, which the other does not.

How is the overlap between EFA and FENI 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 98% of FENI, so the number cannot exceed the smaller coverage.

Which holds more, FENI or EFA?

EFA reports 651 stock positions and FENI reports 333. 57.0% of EFA's weight sits in names FENI does not hold, and 47.5% of FENI's weight in names EFA does not hold. The ten largest positions are 13.9% of EFA and 17.6% of FENI.

How do EFA and FENI differ by sector?

The widest gap is Technology: FENI has 2.8 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.