EWG vs IEUR overlap - what they share and where they differ

EWG and IEUR share 12.3% 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 IEUR

12.3%

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

IEUR

iShares Core MSCI Europe ETF

Reported positions cover 99% of the fund, 982 positions · Jul 31, 2026

Top 10: 18.9%·Holdings of IEUR

Reported positions cover EWG 100%, IEUR 99% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

IEUR 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 IEUR does not hold

IEURiShares Core MSCI Europe ETF

982

stock positions reported to the SEC

87.2% of its weight is in 931 names EWG does not hold

Where each fund's weight sits

EWG
IEUR
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
11.6%
6.4%
Financial Services
3.6%
6.9%
Healthcare
1.9%
6.9%
Energy
0.0%
4.8%
Consumer Defensive
0.0%
3.1%
Consumer Cyclical
3.0%
0.0%

The widest gap is Technology: EWG has 5.2 points more of it.

The figures side by side

EWGIEUR
Filing dateAug 31, 2026Jul 31, 2026
Stock positions reported51982
Weight of the ten largest63.0%18.9%
Largest positionSIEMENS AKTIENGESELLSCHAFT 12.2%ASML 4.0%
Held alone0 positions, 0.0%931 positions, 87.2%
Covered by stock positions100%99%

Holdings they share

StockIn EWGIn IEURCounted
SIEMENS AKTIENGESELLSCHAFT12.19%1.52%1.52%
SAPSAP SE11.38%1.20%1.20%
ALLIANZ SE9.82%1.18%1.18%
SIEMENS ENERGY AG6.32%0.83%0.83%
DEUTSCHE TELEKOM AG5.59%0.66%0.66%
INFINEON TECHNOLOGIES AG4.22%0.58%0.58%
MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AKTIENGESELLSCHAFT IN MUENCHEN3.89%0.49%0.49%
DBDeutsche Bank Aktiengesellschaft3.60%0.42%0.42%
RHRheinmetall Aktiengesellschaft2.97%0.39%0.39%
DEUTSCHE POST AG2.96%0.38%0.38%

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 IEUR

ASMLASML Holding N.V.4.00%
HSBCHSBC HOLDINGS PLC2.29%
ROCHE HOLDING AG2.00%
NVSNovartis AG1.79%
AZNASTRAZENECA PLC1.61%
NESTLE S.A.1.61%
SHELSHELL PLC1.60%
BANCO SANTANDER, S.A.1.27%
SCHNEIDER ELECTRIC SE1.15%
TTETOTALENERGIES SE1.09%

Questions people ask

Is EWG the same as IEUR?

12.3% of their weight sits in the same 51 holdings. Among its reported positions, EWG holds nothing the other does not also hold. IEUR also reports ASML, HSBC, ROCHE HOLDING AG, which the other does not.

How is the overlap between EWG and IEUR 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 IEUR, so the number cannot exceed the smaller coverage.

Which holds more, IEUR or EWG?

EWG reports 51 stock positions and IEUR reports 982. 0.0% of EWG's weight sits in names IEUR does not hold, and 87.2% of IEUR's weight in names EWG does not hold. The ten largest positions are 63.0% of EWG and 18.9% of IEUR.

How do EWG and IEUR differ by sector?

The widest gap is Technology: EWG has 5.2 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.

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.