EWU vs FENI overlap - what they share and where they differ
EWU and FENI share 13.5% of their weight across 27 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.
EWU and FENI
13.5%
27 shared positions
EWU
iShares MSCI United Kingdom ETF
Reported positions cover 99% of the fund, 67 positions · Aug 31, 2026
Top 10: 52.4%·Holdings of EWU
FENI
Fidelity Enhanced International ETF
Reported positions cover 98% of the fund, 338 positions · Jun 30, 2026
Top 10: 17.6%·Holdings of FENI
Reported positions cover EWU 99%, FENI 98% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
FENI vs EWU side by side
EWUiShares MSCI United Kingdom ETF
67
stock positions reported to the SEC
27.4% of its weight is in 40 names FENI does not hold
FENIFidelity Enhanced International ETF
338
stock positions reported to the SEC
84.4% of its weight is in 311 names EWU does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Financial Services: EWU has 11.3 points more of it.
The figures side by side
| EWU | FENI | |
|---|---|---|
| Filing date | Aug 31, 2026 | Jun 30, 2026 |
| Stock positions reported | 67 | 338 |
| Weight of the ten largest | 52.4% | 17.6% |
| Largest position | HSBC 11.0% | ASML 4.1% |
| Held alone | 40 positions, 27.4% | 311 positions, 84.4% |
| Covered by stock positions | 99% | 98% |
Holdings they share
| Stock | In EWU | In FENI | Counted |
|---|---|---|---|
| HSBCHSBC HOLDINGS PLC | 10.95% | 1.75% | 1.75% |
| SHELSHELL PLC | 7.93% | 1.46% | 1.46% |
| ROLLS-ROYCE HOLDINGS PLC | 5.28% | 1.07% | 1.07% |
| LYGLLOYDS BANKING GROUP PLC | 2.67% | 0.93% | 0.93% |
| NWGNATWEST GROUP PLC | 2.24% | 0.88% | 0.88% |
| AZNASTRAZENECA PLC | 7.59% | 0.81% | 0.81% |
| GSKGSK PLC | 3.17% | 0.78% | 0.78% |
| BTIBRITISH AMERICAN TOBACCO P.L.C. | 3.46% | 0.74% | 0.74% |
| RIORIO TINTO PLC | 3.40% | 0.71% | 0.71% |
| BPBP P.L.C. | 3.49% | 0.54% | 0.54% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in EWU
Only in FENI
Questions people ask
Is EWU the same as FENI?
13.5% of their weight sits in the same 27 holdings. EWU also reports GLENCORE PLC, RELX, ANGLO AMERICAN PLC, which the other does not. FENI also reports ASML, NESTLE S.A., ROCHE HOLDING AG, which the other does not.
How is the overlap between EWU and FENI measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 99% of EWU and 98% of FENI, so the number cannot exceed the smaller coverage.
Which holds more, FENI or EWU?
EWU reports 67 stock positions and FENI reports 338. 27.4% of EWU's weight sits in names FENI does not hold, and 84.4% of FENI's weight in names EWU does not hold. The ten largest positions are 52.4% of EWU and 17.6% of FENI.
How do EWU and FENI differ by sector?
The widest gap is Financial Services: EWU has 11.3 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.