EWA vs PICK overlap - what they share and where they differ
EWA and PICK share 19.7% of their weight across 5 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.
EWA and PICK
19.7%
5 shared positions
EWA
iShares MSCI Australia ETF
Reported positions cover 91% of the fund, 40 positions · May 31, 2026
Top 10: 64.1%·Holdings of EWA
PICK
iShares MSCI Global Metals & Mining Producers ETF
Reported positions cover 99% of the fund, 230 positions · May 31, 2026
Top 10: 48.9%·Holdings of PICK
Reported positions cover EWA 91%, PICK 99% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
PICK vs EWA side by side
EWAiShares MSCI Australia ETF
40
stock positions reported to the SEC
68.3% of its weight is in 35 names PICK does not hold
PICKiShares MSCI Global Metals & Mining Producers ETF
230
stock positions reported to the SEC
73.1% of its weight is in 225 names EWA does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Basic Materials: PICK has 28.7 points more of it.
The figures side by side
| EWA | PICK | |
|---|---|---|
| Filing date | May 31, 2026 | May 31, 2026 |
| Stock positions reported | 40 | 230 |
| Weight of the ten largest | 64.1% | 48.9% |
| Largest position | BHP 15.7% | BHP 13.0% |
| Held alone | 35 positions, 68.3% | 225 positions, 73.1% |
| Covered by stock positions | 91% | 99% |
Holdings they share
| Stock | In EWA | In PICK | Counted |
|---|---|---|---|
| BHPBHP GROUP LIMITED | 15.69% | 13.03% | 13.03% |
| RIORIO TINTO LIMITED | 3.45% | 9.77% | 3.45% |
| FORTESCUE LTD | 1.89% | 1.57% | 1.57% |
| SOUTH32 LIMITED | 1.08% | 0.90% | 0.90% |
| LYNAS RARE EARTHS LIMITED | 0.87% | 0.72% | 0.72% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in EWA
Only in PICK
Questions people ask
Is EWA the same as PICK?
19.7% of their weight sits in the same 5 holdings. EWA also reports COMMONWEALTH BANK OF AUSTRALIA, WESTPAC BANKING CORPORATION, NATIONAL AUSTRALIA BANK LIMITED, which the other does not. PICK also reports FCX, GLENCORE PLC, ANGLO AMERICAN PLC, which the other does not.
How is the overlap between EWA and PICK measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 91% of EWA and 99% of PICK, so the number cannot exceed the smaller coverage.
Which holds more, PICK or EWA?
EWA reports 40 stock positions and PICK reports 230. 68.3% of EWA's weight sits in names PICK does not hold, and 73.1% of PICK's weight in names EWA does not hold. The ten largest positions are 64.1% of EWA and 48.9% of PICK.
How do EWA and PICK differ by sector?
The widest gap is Basic Materials: PICK has 28.7 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.
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.