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

EWU and IEUR share 20.5% of their weight across 70 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 IEUR

20.5%

70 shared positions

EWU

iShares MSCI United Kingdom ETF

Reported positions cover 99% of the fund, 71 positions · May 31, 2026

Top 10: 52.4%·Holdings of EWU

IEUR

iShares Core MSCI Europe ETF

Reported positions cover 99% of the fund, 912 positions · Apr 30, 2026

Top 10: 18.2%·Holdings of IEUR

Reported positions cover EWU 99%, 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 EWU side by side

EWUiShares MSCI United Kingdom ETF

71

stock positions reported to the SEC

0.3% of its weight is in 1 names IEUR does not hold

IEURiShares Core MSCI Europe ETF

912

stock positions reported to the SEC

78.5% of its weight is in 842 names EWU does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Financial Services
18.7%
7.6%
Healthcare
12.6%
7.0%
Energy
11.0%
4.3%
Consumer Defensive
6.9%
1.5%
Technology
0.0%
6.0%
Basic Materials
3.7%
0.0%

The widest gap is Financial Services: EWU has 11.1 points more of it.

The figures side by side

EWUIEUR
Filing dateMay 31, 2026Apr 30, 2026
Stock positions reported71912
Weight of the ten largest52.4%18.2%
Largest positionHSBC 10.1%ASML 3.6%
Held alone1 positions, 0.3%842 positions, 78.5%
Covered by stock positions99%99%

Holdings they share

StockIn EWUIn IEURCounted
HSBCHSBC HOLDINGS PLC10.06%2.00%2.00%
AZNASTRAZENECA PLC8.98%1.87%1.87%
SHELSHELL PLC7.51%1.64%1.64%
ROLLS-ROYCE HOLDINGS PLC4.71%0.86%0.86%
BRITISH AMERICAN TOBACCO P.L.C.4.20%0.81%0.81%
ULUNILEVER PLC3.83%0.81%0.81%
BPBP P.L.C.3.47%0.79%0.79%
RIORIO TINTO PLC3.74%0.72%0.72%
GSKGSK PLC3.21%0.68%0.68%
NGGNATIONAL GRID PLC2.49%0.56%0.56%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in EWU

WISE GROUP PLC0.26%

Only in IEUR

ASMLASML Holding N.V.3.56%
ROCHE HOLDING AG1.90%
NVSNovartis AG1.78%
NESTLE S.A.1.66%
SIEMENS AKTIENGESELLSCHAFT1.43%
TTETOTALENERGIES SE1.17%
SANBanco Santander, S.A.1.14%
SAPSAP SE1.11%
SCHNEIDER ELECTRIC SE1.11%
ALLIANZ SE1.10%

Questions people ask

Is EWU the same as IEUR?

20.5% of their weight sits in the same 70 holdings. EWU also reports WISE GROUP PLC, which the other does not. IEUR also reports ASML, ROCHE HOLDING AG, NVS, which the other does not.

How is the overlap between EWU 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 99% of EWU and 99% of IEUR, so the number cannot exceed the smaller coverage.

Which holds more, IEUR or EWU?

EWU reports 71 stock positions and IEUR reports 912. 0.3% of EWU's weight sits in names IEUR does not hold, and 78.5% of IEUR's weight in names EWU does not hold. The ten largest positions are 52.4% of EWU and 18.2% of IEUR.

How do EWU and IEUR differ by sector?

The widest gap is Financial Services: EWU has 11.1 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.