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

EWU and PICK share 8.7% of their weight across 5 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 PICK

8.7%

5 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

PICK

iShares MSCI Global Metals & Mining Producers ETF

Reported positions cover 99% of the fund, 230 positions · May 31, 2026

Top 10: 48.9%·Holdings of PICK

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

PICK vs EWU side by side

EWUiShares MSCI United Kingdom ETF

71

stock positions reported to the SEC

88.7% of its weight is in 66 names PICK does not hold

PICKiShares MSCI Global Metals & Mining Producers ETF

230

stock positions reported to the SEC

80.2% of its weight is in 225 names EWU does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Basic Materials
3.7%
47.8%
Financial Services
18.7%
1.2%
Healthcare
12.6%
0.0%
Energy
11.0%
0.0%
Consumer Defensive
6.9%
0.0%
Consumer Cyclical
0.0%
1.8%

The widest gap is Basic Materials: PICK has 44.1 points more of it.

The figures side by side

EWUPICK
Filing dateMay 31, 2026May 31, 2026
Stock positions reported71230
Weight of the ten largest52.4%48.9%
Largest positionHSBC 10.1%BHP 13.0%
Held alone66 positions, 88.7%225 positions, 80.2%
Covered by stock positions99%99%

Holdings they share

StockIn EWUIn PICKCounted
RIORIO TINTO PLC3.74%9.77%3.74%
GLENCORE PLC2.37%4.37%2.37%
ANGLO AMERICAN PLC1.87%3.45%1.87%
ANTOFAGASTA PLC0.68%1.25%0.68%
COMPCOMPASS GROUP PLC1.70%0.07%0.07%

What each holds alone

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

Only in EWU

HSBCHSBC HOLDINGS PLC10.06%
AZNASTRAZENECA PLC8.98%
SHELSHELL PLC7.51%
ROLLS-ROYCE HOLDINGS PLC4.71%
BRITISH AMERICAN TOBACCO P.L.C.4.20%
ULUNILEVER PLC3.83%
BPBP P.L.C.3.47%
GSKGSK PLC3.21%
BCSBARCLAYS PLC2.64%
BAE SYSTEMS PLC2.55%

Only in PICK

BHPBHP GROUP LIMITED13.03%
FCXFREEPORT-MCMORAN INC.5.44%
VALEVALE S.A.3.43%
NUENUCOR CORPORATION3.30%
GRUPO MEXICO, S.A.B. DE C.V.2.23%
STLDSTEEL DYNAMICS, INC.2.08%
TECKTeck Resources Limited1.75%
ARCELORMITTAL SA1.69%
FORTESCUE LTD1.57%
FIRST QUANTUM MINERALS LTD.1.26%

Questions people ask

Is EWU the same as PICK?

8.7% of their weight sits in the same 5 holdings. EWU also reports HSBC, AZN, SHEL, which the other does not. PICK also reports BHP, FCX, VALE, which the other does not.

How is the overlap between EWU and PICK 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 PICK, so the number cannot exceed the smaller coverage.

Which holds more, PICK or EWU?

EWU reports 71 stock positions and PICK reports 230. 88.7% of EWU's weight sits in names PICK does not hold, and 80.2% of PICK's weight in names EWU does not hold. The ten largest positions are 52.4% of EWU and 48.9% of PICK.

How do EWU and PICK differ by sector?

The widest gap is Basic Materials: PICK has 44.1 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.

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.