EZU vs FEZ overlap - what they share and where they differ

EZU and FEZ share 44.5% of their weight across 30 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.

EZU and FEZ

44.5%

30 shared positions

EZU

iShares MSCI Eurozone ETF

Reported positions cover 99% of the fund, 220 positions · May 31, 2026

Top 10: 28.1%·Holdings of EZU

FEZ

State Street(R) SPDR(R) EURO STOXX 50(R) ETF

Reported positions cover 99% of the fund, 49 positions · Jun 30, 2026

Top 10: 41.9%·Holdings of FEZ

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

FEZ vs EZU side by side

EZUiShares MSCI Eurozone ETF

220

stock positions reported to the SEC

54.7% of its weight is in 190 names FEZ does not hold

FEZState Street(R) SPDR(R) EURO STOXX 50(R) ETF

49

stock positions reported to the SEC

31.5% of its weight is in 19 names EZU does not hold

Where each fund's weight sits

EZU
FEZ
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
12.1%
13.5%
Financial Services
5.9%
5.7%
Consumer Cyclical
3.1%
3.6%
Energy
2.9%
3.5%
Healthcare
2.7%
3.1%

The widest gap is Technology: FEZ has 1.3 points more of it.

The figures side by side

EZUFEZ
Filing dateMay 31, 2026Jun 30, 2026
Stock positions reported22049
Weight of the ten largest28.1%41.9%
Largest positionASML 8.1%ASML 10.4%
Held alone190 positions, 54.7%19 positions, 31.5%
Covered by stock positions99%99%

Holdings they share

StockIn EZUIn FEZCounted
ASMLASML Holding N.V.8.09%10.39%8.09%
SAPSAP SE2.43%3.06%2.43%
TTETOTALENERGIES SE2.24%3.50%2.24%
SCHNEIDER ELECTRIC SE2.22%3.72%2.22%
ALLIANZ SE2.17%3.56%2.17%
SIEMENS ENERGY AG1.89%3.05%1.89%
LVMH MOET HENNESSY LOUIS VUITTON SE1.75%2.70%1.75%
BBVABanco Bilbao Vizcaya Argentaria, S.A.1.72%2.78%1.72%
SAFRAN SA1.63%2.88%1.63%
AIRBUS SE1.60%2.59%1.60%

What each holds alone

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

Only in EZU

SIEMENS AKTIENGESELLSCHAFT3.07%
SANBanco Santander, S.A.2.37%
IBERDROLA, S.A.1.88%
UNICREDIT, SOCIETA PER AZIONI1.56%
L'AIR LIQUIDE SOCIETE ANONYME POUR L'ETUDE ET L'EXPLOITATION DES PROCEDES GEORGES CLAUDE SA1.54%
ENEL - SPA1.18%
ING GROEP N.V.1.17%
NOKIA OYJ1.00%
MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AKTIENGESELLSCHAFT IN MUENCHEN0.88%
INDUSTRIA DE DISENO TEXTIL, S.A.0.87%

Only in FEZ

SIEMENS AG4.66%
BANCO SANTANDER SA4.01%
IBERDROLA SA3.10%
UNICREDIT SPA2.67%
AIR LIQUIDE SA2.49%
ING GROEP NV1.83%
ENEL SPA1.77%
MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG IN MUENCHEN1.40%
INDUSTRIA DE DISENO TEXTIL SA1.38%
HERMES INTERNATIONAL SCA1.27%

Questions people ask

Is EZU the same as FEZ?

44.5% of their weight sits in the same 30 holdings. EZU also reports SIEMENS AKTIENGESELLSCHAFT, SAN, IBERDROLA, S.A., which the other does not. FEZ also reports SIEMENS AG, BANCO SANTANDER SA, IBERDROLA SA, which the other does not.

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

Which holds more, FEZ or EZU?

EZU reports 220 stock positions and FEZ reports 49. 54.7% of EZU's weight sits in names FEZ does not hold, and 31.5% of FEZ's weight in names EZU does not hold. The ten largest positions are 28.1% of EZU and 41.9% of FEZ.

How do EZU and FEZ differ by sector?

The widest gap is Technology: FEZ has 1.3 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.