EWA vs PICK overlap - what they share and where they differ
EWA and PICK share 21.3% of their weight across 7 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
21.3%
7 shared positions
EWA
iShares MSCI Australia ETF
Reported positions cover 92% of the fund, 41 positions · Aug 31, 2026
Top 10: 63.9%·Holdings of EWA
PICK
iShares MSCI Global Metals & Mining Producers ETF
Reported positions cover 99% of the fund, 235 positions · Aug 31, 2026
Top 10: 49.4%·Holdings of PICK
Reported positions cover EWA 92%, 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
41
stock positions reported to the SEC
68.1% of its weight is in 34 names PICK does not hold
PICKiShares MSCI Global Metals & Mining Producers ETF
235
stock positions reported to the SEC
71.7% of its weight is in 228 names EWA does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Basic Materials: PICK has 25.6 points more of it.
The figures side by side
| EWA | PICK | |
|---|---|---|
| Filing date | Aug 31, 2026 | Aug 31, 2026 |
| Stock positions reported | 41 | 235 |
| Weight of the ten largest | 63.9% | 49.4% |
| Largest position | BHP 15.9% | BHP 13.8% |
| Held alone | 34 positions, 68.1% | 228 positions, 71.7% |
| Covered by stock positions | 92% | 99% |
Holdings they share
| Stock | In EWA | In PICK | Counted |
|---|---|---|---|
| BHPBHP GROUP LIMITED | 15.91% | 13.81% | 13.81% |
| RIORIO TINTO LIMITED | 3.09% | 9.02% | 3.09% |
| FORTESCUE LTD | 1.36% | 1.19% | 1.19% |
| SUGPSUNCORP GROUP LIMITED | 0.97% | 1.01% | 0.97% |
| SOUTH32 LIMITED | 1.10% | 0.95% | 0.95% |
| PLS GROUP LIMITED | 0.81% | 0.70% | 0.70% |
| LYNAS RARE EARTHS LIMITED | 0.68% | 0.59% | 0.59% |
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?
21.3% of their weight sits in the same 7 holdings. EWA also reports COMMONWEALTH BANK OF AUSTRALIA, NATIONAL AUSTRALIA BANK LIMITED, WESTPAC BANKING CORPORATION, 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 92% of EWA and 99% of PICK, so the number cannot exceed the smaller coverage.
Which holds more, PICK or EWA?
EWA reports 41 stock positions and PICK reports 235. 68.1% of EWA's weight sits in names PICK does not hold, and 71.7% of PICK's weight in names EWA does not hold. The ten largest positions are 63.9% of EWA and 49.4% of PICK.
How do EWA and PICK differ by sector?
The widest gap is Basic Materials: PICK has 25.6 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.