EFV vs EWA overlap - what they share and where they differ

EFV and EWA share 7.6% of their weight across 15 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.

EFV and EWA

7.6%

15 shared positions

EFV

iShares MSCI EAFE Value ETF

Reported positions cover 98% of the fund, 382 positions · Apr 30, 2026

Top 10: 20.8%·Holdings of EFV

EWA

iShares MSCI Australia ETF

Reported positions cover 91% of the fund, 40 positions · May 31, 2026

Top 10: 64.1%·Holdings of EWA

Reported positions cover EFV 98%, EWA 91% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

EWA vs EFV side by side

EFViShares MSCI EAFE Value ETF

382

stock positions reported to the SEC

90.4% of its weight is in 367 names EWA does not hold

EWAiShares MSCI Australia ETF

40

stock positions reported to the SEC

29.3% of its weight is in 25 names EFV does not hold

Where each fund's weight sits

EFV
EWA
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Basic Materials
3.9%
19.1%
Financial Services
13.8%
3.6%
Energy
6.2%
2.9%
Healthcare
2.7%
0.0%
Consumer Cyclical
2.0%
0.0%
Technology
0.0%
0.6%

The widest gap is Basic Materials: EWA has 15.3 points more of it.

The figures side by side

EFVEWA
Filing dateApr 30, 2026May 31, 2026
Stock positions reported38240
Weight of the ten largest20.8%64.1%
Largest positionHSBC 2.8%BHP 15.7%
Held alone367 positions, 90.4%25 positions, 29.3%
Covered by stock positions98%91%

Holdings they share

StockIn EFVIn EWACounted
BHPBHP GROUP LIMITED1.76%15.69%1.76%
RIORIO TINTO LIMITED1.40%3.45%1.40%
WESTPAC BANKING CORPORATION0.84%6.14%0.84%
NATIONAL AUSTRALIA BANK LIMITED0.78%5.71%0.78%
ANZ GROUP HOLDINGS LIMITED0.70%5.30%0.70%
COMMONWEALTH BANK OF AUSTRALIA0.65%13.76%0.65%
WDSWOODSIDE ENERGY GROUP LTD0.40%2.89%0.40%
FORTESCUE LTD0.21%1.89%0.21%
QBE INSURANCE GROUP LIMITED0.21%1.70%0.21%
SANTOS LIMITED0.16%1.27%0.16%

What each holds alone

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

Only in EFV

HSBCHSBC HOLDINGS PLC2.77%
MUFGMitsubishi Corporation2.67%
ROCHE HOLDING AG2.57%
NESTLE S.A.2.29%
SHELSHELL PLC2.27%
SMFGSumitomo Mitsui Trust Group, Inc.1.66%
TTETOTALENERGIES SE1.62%
TMTOYOTA MOTOR CORPORATION1.59%
SANBanco Santander, S.A.1.57%
ALLIANZ SE1.52%

Only in EWA

WESFARMERS LIMITED4.51%
MACQUARIE GROUP LIMITED4.31%
KOYNCSL LIMITED2.34%
WOOLWORTHS GROUP LIMITED2.14%
COLES GROUP LIMITED1.45%
ARISTOCRAT LEISURE LIMITED1.38%
NTRSNORTHERN STAR RESOURCES LTD1.29%
EVOLUTION MINING LIMITED1.24%
BRAMBLES LIMITED1.12%
TELSTRA GROUP LIMITED1.02%

Questions people ask

Is EFV the same as EWA?

7.6% of their weight sits in the same 15 holdings. EFV also reports HSBC, MUFG, ROCHE HOLDING AG, which the other does not. EWA also reports WESFARMERS LIMITED, MACQUARIE GROUP LIMITED, KOYN, which the other does not.

How is the overlap between EFV and EWA 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 EFV and 91% of EWA, so the number cannot exceed the smaller coverage.

Which holds more, EWA or EFV?

EFV reports 382 stock positions and EWA reports 40. 90.4% of EFV's weight sits in names EWA does not hold, and 29.3% of EWA's weight in names EFV does not hold. The ten largest positions are 20.8% of EFV and 64.1% of EWA.

How do EFV and EWA differ by sector?

The widest gap is Basic Materials: EWA has 15.3 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.

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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.