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

FEZ and IEUR share 21.3% 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.

FEZ and IEUR

21.3%

30 shared positions

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

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 FEZ 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 FEZ side by side

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 IEUR does not hold

IEURiShares Core MSCI Europe ETF

912

stock positions reported to the SEC

77.8% of its weight is in 882 names FEZ does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
13.5%
6.0%
Financial Services
5.7%
7.6%
Healthcare
3.1%
7.0%
Energy
3.5%
4.3%
Consumer Cyclical
3.6%
0.0%
Consumer Defensive
0.0%
1.5%

The widest gap is Technology: FEZ has 7.4 points more of it.

The figures side by side

FEZIEUR
Filing dateJun 30, 2026Apr 30, 2026
Stock positions reported49912
Weight of the ten largest41.9%18.2%
Largest positionASML 10.4%ASML 3.6%
Held alone19 positions, 31.5%882 positions, 77.8%
Covered by stock positions99%99%

Holdings they share

StockIn FEZIn IEURCounted
ASMLASML Holding NV10.39%3.56%3.56%
TTETotalEnergies SE3.50%1.17%1.17%
SAPSAP SE3.06%1.11%1.11%
SCHNEIDER ELECTRIC SE3.72%1.11%1.11%
ALLIANZ SE3.56%1.10%1.10%
SIEMENS ENERGY AG3.05%1.04%1.04%
LVMH MOET HENNESSY LOUIS VUITTON SE2.70%0.84%0.84%
BBVABanco Bilbao Vizcaya Argentaria SA2.78%0.80%0.80%
AIRBUS SE2.59%0.78%0.78%
DEUTSCHE TELEKOM AG1.87%0.75%0.75%

What each holds alone

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

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%

Only in IEUR

HSBCHSBC HOLDINGS PLC2.00%
ROCHE HOLDING AG1.90%
AZNASTRAZENECA PLC1.87%
NVSNovartis AG1.78%
NESTLE S.A.1.66%
SHELSHELL PLC1.64%
SIEMENS AKTIENGESELLSCHAFT1.43%
SANBanco Santander, S.A.1.14%
ABB LTD1.01%
IBERDROLA, S.A.0.95%

Questions people ask

Is FEZ the same as IEUR?

21.3% of their weight sits in the same 30 holdings. FEZ also reports SIEMENS AG, BANCO SANTANDER SA, IBERDROLA SA, which the other does not. IEUR also reports HSBC, ROCHE HOLDING AG, AZN, which the other does not.

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

Which holds more, IEUR or FEZ?

FEZ reports 49 stock positions and IEUR reports 912. 31.5% of FEZ's weight sits in names IEUR does not hold, and 77.8% of IEUR's weight in names FEZ does not hold. The ten largest positions are 41.9% of FEZ and 18.2% of IEUR.

How do FEZ and IEUR differ by sector?

The widest gap is Technology: FEZ has 7.4 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.