EWG vs IVLU overlap - what they share and where they differ
EWG and IVLU share 11.2% of their weight across 29 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 IVLU
11.2%
29 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
IVLU
iShares MSCI Intl Value Factor ETF
Reported positions cover 99% of the fund, 329 positions · Jul 31, 2026
Top 10: 17.6%·Holdings of IVLU
Reported positions cover EWG 100%, IVLU 99% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
IVLU vs EWG side by side
EWGiShares MSCI Germany ETF
51
stock positions reported to the SEC
31.2% of its weight is in 22 names IVLU does not hold
IVLUiShares MSCI Intl Value Factor ETF
329
stock positions reported to the SEC
87.8% of its weight is in 300 names EWG does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: EWG has 11.6 points more of it.
The figures side by side
| EWG | IVLU | |
|---|---|---|
| Filing date | Aug 31, 2026 | Jul 31, 2026 |
| Stock positions reported | 51 | 329 |
| Weight of the ten largest | 63.0% | 17.6% |
| Largest position | SIEMENS AKTIENGESELLSCHAFT 12.2% | HSBC 2.3% |
| Held alone | 22 positions, 31.2% | 300 positions, 87.8% |
| Covered by stock positions | 100% | 99% |
Holdings they share
| Stock | In EWG | In IVLU | Counted |
|---|---|---|---|
| SIEMENS AKTIENGESELLSCHAFT | 12.19% | 1.52% | 1.52% |
| BAYER AKTIENGESELLSCHAFT | 2.77% | 0.93% | 0.93% |
| DBDeutsche Bank Aktiengesellschaft | 3.60% | 0.93% | 0.93% |
| INFINEON TECHNOLOGIES AG | 4.22% | 0.90% | 0.90% |
| DEUTSCHE TELEKOM AG | 5.59% | 0.85% | 0.85% |
| MERCEDES-BENZ GROUP AG | 1.96% | 0.69% | 0.69% |
| DEUTSCHE POST AG | 2.96% | 0.65% | 0.65% |
| VOLKSWAGEN AKTIENGESELLSCHAFT | 0.92% | 0.48% | 0.48% |
| DAIMLER TRUCK HOLDING AG | 1.23% | 0.46% | 0.46% |
| BAYERISCHE MOTOREN WERKE AKTIENGESELLSCHAFT | 1.15% | 0.43% | 0.43% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in EWG
Only in IVLU
Questions people ask
Is EWG the same as IVLU?
11.2% of their weight sits in the same 29 holdings. EWG also reports ALLIANZ SE, SIEMENS ENERGY AG, DEUTSCHE BOERSE AKTIENGESELLSCHAFT, which the other does not. IVLU also reports HSBC, MUFG, BNP PARIBAS SA, which the other does not.
How is the overlap between EWG and IVLU 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 IVLU, so the number cannot exceed the smaller coverage.
Which holds more, IVLU or EWG?
EWG reports 51 stock positions and IVLU reports 329. 31.2% of EWG's weight sits in names IVLU does not hold, and 87.8% of IVLU's weight in names EWG does not hold. The ten largest positions are 63.0% of EWG and 17.6% of IVLU.
How do EWG and IVLU differ by sector?
The widest gap is Technology: EWG has 11.6 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.