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

EWU and IVLU share 15.7% of their weight across 34 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 IVLU

15.7%

34 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

IVLU

iShares MSCI Intl Value Factor ETF

Reported positions cover 98% of the fund, 327 positions · Apr 30, 2026

Top 10: 18.2%·Holdings of IVLU

Reported positions cover EWU 99%, IVLU 98% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

IVLU vs EWU side by side

EWUiShares MSCI United Kingdom ETF

71

stock positions reported to the SEC

41.8% of its weight is in 37 names IVLU does not hold

IVLUiShares MSCI Intl Value Factor ETF

327

stock positions reported to the SEC

82.3% of its weight is in 293 names EWU does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Financial Services
18.7%
15.2%
Healthcare
12.6%
4.9%
Energy
11.0%
4.3%
Consumer Defensive
6.9%
0.0%
Basic Materials
3.7%
3.7%
Consumer Cyclical
0.0%
3.3%

The widest gap is Healthcare: EWU has 7.7 points more of it.

The figures side by side

EWUIVLU
Filing dateMay 31, 2026Apr 30, 2026
Stock positions reported71327
Weight of the ten largest52.4%18.2%
Largest positionHSBC 10.1%HSBC 2.3%
Held alone37 positions, 41.8%293 positions, 82.3%
Covered by stock positions99%98%

Holdings they share

StockIn EWUIn IVLUCounted
HSBCHSBC HOLDINGS PLC10.06%2.29%2.29%
BRITISH AMERICAN TOBACCO P.L.C.4.20%1.98%1.98%
SHELSHELL PLC7.51%1.43%1.43%
RIORIO TINTO PLC3.74%1.19%1.19%
BCSBARCLAYS PLC2.64%1.02%1.02%
GSKGSK PLC3.21%1.00%1.00%
VODAFONE GROUP PUBLIC LIMITED COMPANY0.88%0.69%0.69%
LYGLLOYDS BANKING GROUP PLC2.51%0.62%0.62%
GLENCORE PLC2.37%0.58%0.58%
BPBP P.L.C.3.47%0.56%0.56%

What each holds alone

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

Only in EWU

AZNASTRAZENECA PLC8.98%
ROLLS-ROYCE HOLDINGS PLC4.71%
ULUNILEVER PLC3.83%
BAE SYSTEMS PLC2.55%
ANGLO AMERICAN PLC1.87%
RELXRELX PLC1.85%
LONDON STOCK EXCHANGE GROUP PLC1.73%
COMPCOMPASS GROUP PLC1.70%
DEODIAGEO PLC1.42%
RECKITT BENCKISER GROUP PLC1.24%

Only in IVLU

MUFGMitsubishi UFJ Financial Group, Inc.2.25%
SMFGSumitomo Mitsui Trust Group, Inc.1.86%
TMTOYOTA MOTOR CORPORATION1.79%
ROCHE HOLDING AG1.67%
SANBanco Santander, S.A.1.64%
BNP PARIBAS SA1.63%
NVSNovartis AG1.63%
NOKIA OYJ1.43%
SIEMENS AKTIENGESELLSCHAFT1.37%
TTETOTALENERGIES SE1.32%

Questions people ask

Is EWU the same as IVLU?

15.7% of their weight sits in the same 34 holdings. EWU also reports AZN, ROLLS-ROYCE HOLDINGS PLC, UL, which the other does not. IVLU also reports MUFG, SMFG, TM, which the other does not.

How is the overlap between EWU 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 99% of EWU and 98% of IVLU, so the number cannot exceed the smaller coverage.

Which holds more, IVLU or EWU?

EWU reports 71 stock positions and IVLU reports 327. 41.8% of EWU's weight sits in names IVLU does not hold, and 82.3% of IVLU's weight in names EWU does not hold. The ten largest positions are 52.4% of EWU and 18.2% of IVLU.

How do EWU and IVLU differ by sector?

The widest gap is Healthcare: EWU has 7.7 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.