EWG vs EZU overlap - what they share and where they differ
EWG and EZU share 25.5% of their weight across 52 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
25.5%
52 shared positions
EWG
iShares MSCI Germany ETF
Reported positions cover 100% of the fund, 52 positions · May 31, 2026
Top 10: 62.4%·Holdings of EWG
EZU
iShares MSCI Eurozone ETF
Reported positions cover 99% of the fund, 220 positions · May 31, 2026
Top 10: 28.1%·Holdings of EZU
Reported positions cover EWG 100%, EZU 99% 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
52
stock positions reported to the SEC
0.0% of its weight is in 0 names EZU does not hold
EZUiShares MSCI Eurozone ETF
220
stock positions reported to the SEC
73.7% of its weight is in 168 names EWG does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Energy: EZU has 2.9 points more of it.
The figures side by side
| EWG | EZU | |
|---|---|---|
| Filing date | May 31, 2026 | May 31, 2026 |
| Stock positions reported | 52 | 220 |
| Weight of the ten largest | 62.4% | 28.1% |
| Largest position | SIEMENS AKTIENGESELLSCHAFT 12.0% | ASML 8.1% |
| Held alone | 0 positions, 0.0% | 168 positions, 73.7% |
| Covered by stock positions | 100% | 99% |
Holdings they share
| Stock | In EWG | In EZU | Counted |
|---|---|---|---|
| SIEMENS AKTIENGESELLSCHAFT | 11.97% | 3.07% | 3.07% |
| SAPSAP SE | 9.49% | 2.43% | 2.43% |
| ALLIANZ SE | 8.47% | 2.17% | 2.17% |
| SIEMENS ENERGY AG | 7.37% | 1.89% | 1.89% |
| INFINEON TECHNOLOGIES AG | 6.22% | 1.60% | 1.60% |
| DEUTSCHE TELEKOM AG | 6.21% | 1.59% | 1.59% |
| RHRheinmetall Aktiengesellschaft | 3.48% | 0.89% | 0.89% |
| MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AKTIENGESELLSCHAFT IN MUENCHEN | 3.45% | 0.88% | 0.88% |
| DBDeutsche Bank Aktiengesellschaft | 2.96% | 0.76% | 0.76% |
| DEUTSCHE POST AG | 2.75% | 0.71% | 0.71% |
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?
25.5% of their weight sits in the same 52 holdings. Among its reported positions, EWG holds nothing the other does not also hold. EZU also reports ASML, SAN, TTE, 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 99% of EZU, so the number cannot exceed the smaller coverage.
Which holds more, EZU or EWG?
EWG reports 52 stock positions and EZU reports 220. 0.0% of EWG's weight sits in names EZU does not hold, and 73.7% of EZU's weight in names EWG does not hold. The ten largest positions are 62.4% of EWG and 28.1% of EZU.
How do EWG and EZU differ by sector?
The widest gap is Energy: EZU has 2.9 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.