EWG vs EZU overlap - what they share and where they differ
EWG and EZU share 25.7% of their weight across 51 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.
EWG and EZU
25.7%
51 shared positions
EWG
iShares MSCI Germany ETF
Reported positions cover 100% of the fund, 51 positions · Aug 31, 2026
Top 10: 63.0%·Holdings of EWG
EZU
iShares MSCI Eurozone ETF
Reported positions cover 100% of the fund, 218 positions · Aug 31, 2026
Top 10: 29.9%·Holdings of EZU
Reported positions cover EWG 100%, EZU 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
EZU vs EWG side by side
EWGiShares MSCI Germany ETF
51
stock positions reported to the SEC
0.0% of its weight is in 0 names EZU does not hold
EZUiShares MSCI Eurozone ETF
218
stock positions reported to the SEC
74.0% of its weight is in 167 names EWG does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Energy: EZU has 3.2 points more of it.
The figures side by side
| EWG | EZU | |
|---|---|---|
| Filing date | Aug 31, 2026 | Aug 31, 2026 |
| Stock positions reported | 51 | 218 |
| Weight of the ten largest | 63.0% | 29.9% |
| Largest position | SIEMENS AKTIENGESELLSCHAFT 12.2% | ASML 8.4% |
| Held alone | 0 positions, 0.0% | 167 positions, 74.0% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In EWG | In EZU | Counted |
|---|---|---|---|
| SIEMENS AKTIENGESELLSCHAFT | 12.19% | 3.13% | 3.13% |
| SAPSAP SE | 11.38% | 2.93% | 2.93% |
| ALLIANZ SE | 9.82% | 2.53% | 2.53% |
| SIEMENS ENERGY AG | 6.32% | 1.62% | 1.62% |
| DEUTSCHE TELEKOM AG | 5.59% | 1.43% | 1.43% |
| INFINEON TECHNOLOGIES AG | 4.22% | 1.08% | 1.08% |
| MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AKTIENGESELLSCHAFT IN MUENCHEN | 3.89% | 1.00% | 1.00% |
| DBDeutsche Bank Aktiengesellschaft | 3.60% | 0.92% | 0.92% |
| DEUTSCHE BOERSE AKTIENGESELLSCHAFT | 3.01% | 0.77% | 0.77% |
| DEUTSCHE POST AG | 2.96% | 0.76% | 0.76% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in EWG
Nothing among its reported positions that the others do not also hold.
Only in EZU
Questions people ask
Is EWG the same as EZU?
25.7% of their weight sits in the same 51 holdings. Among its reported positions, EWG holds nothing the other does not also hold. EZU also reports ASML, BANCO SANTANDER, S.A., SCHNEIDER ELECTRIC SE, which the other does not.
How is the overlap between EWG and EZU measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of EWG and 100% of EZU, so the number cannot exceed the smaller coverage.
Which holds more, EZU or EWG?
EWG reports 51 stock positions and EZU reports 218. 0.0% of EWG's weight sits in names EZU does not hold, and 74.0% of EZU's weight in names EWG does not hold. The ten largest positions are 63.0% of EWG and 29.9% of EZU.
How do EWG and EZU differ by sector?
The widest gap is Energy: EZU has 3.2 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.
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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.