FENI vs IEFA overlap - what they share and where they differ
FENI and IEFA share 45.4% of their weight across 276 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.
FENI and IEFA
45.4%
276 shared positions
FENI
Fidelity Enhanced International ETF
Reported positions cover 98% of the fund, 338 positions · Jun 30, 2026
Top 10: 17.6%·Holdings of FENI
IEFA
iShares Core MSCI EAFE ETF
Reported positions cover 98% of the fund, 2,405 positions · Jul 31, 2026
Top 10: 12.5%·Holdings of IEFA
Reported positions cover FENI 98%, IEFA 98% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
IEFA vs FENI side by side
FENIFidelity Enhanced International ETF
338
stock positions reported to the SEC
13.5% of its weight is in 62 names IEFA does not hold
IEFAiShares Core MSCI EAFE ETF
2,405
stock positions reported to the SEC
42.3% of its weight is in 2,129 names FENI does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Basic Materials: FENI has 2.2 points more of it.
The figures side by side
| FENI | IEFA | |
|---|---|---|
| Filing date | Jun 30, 2026 | Jul 31, 2026 |
| Stock positions reported | 338 | 2,405 |
| Weight of the ten largest | 17.6% | 12.5% |
| Largest position | ASML 4.1% | ASML 2.5% |
| Held alone | 62 positions, 13.5% | 2,129 positions, 42.3% |
| Covered by stock positions | 98% | 98% |
Holdings they share
| Stock | In FENI | In IEFA | Counted |
|---|---|---|---|
| ASMLASML HOLDING NV | 4.05% | 2.50% | 2.50% |
| HSBCHSBC HOLDINGS PLC | 1.75% | 1.42% | 1.42% |
| ROCHE HOLDING AG | 1.71% | 1.25% | 1.25% |
| NVSNOVARTIS AG | 1.10% | 1.12% | 1.10% |
| MUFGMITSUBISHI CORP | 1.01% | 1.28% | 1.01% |
| NESTLE S.A.NESTLE SA | 1.74% | 1.00% | 1.00% |
| SHELSHELL PLC | 1.46% | 1.00% | 1.00% |
| SIEMENS AKTIENGESELLSCHAFTSIEMENS AG | 1.61% | 0.95% | 0.95% |
| BHPBHP GROUP LTD | 1.31% | 0.83% | 0.83% |
| AZNASTRAZENECA PLC | 0.81% | 1.00% | 0.81% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in FENI
Only in IEFA
Questions people ask
Is FENI the same as IEFA?
45.4% of their weight sits in the same 276 holdings. FENI also reports BNP PARIBAS, INVESTOR AB, SOCIETE GENERALE, which the other does not. IEFA also reports COMMONWEALTH BANK OF AUSTRALIA, SCHNEIDER ELECTRIC SE, NVO, which the other does not.
How is the overlap between FENI and IEFA measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 98% of FENI and 98% of IEFA, so the number cannot exceed the smaller coverage.
Which holds more, IEFA or FENI?
FENI reports 338 stock positions and IEFA reports 2,405. 13.5% of FENI's weight sits in names IEFA does not hold, and 42.3% of IEFA's weight in names FENI does not hold. The ten largest positions are 17.6% of FENI and 12.5% of IEFA.
How do FENI and IEFA differ by sector?
The widest gap is Basic Materials: FENI has 2.2 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.