EFA vs VEU ETF holdings comparison
iShares MSCI EAFE ETF (EFA) · Vanguard FTSE All-World ex-US ETF (VEU)
EFA and VEU overlap by 52.5% by portfolio weight. The remaining 47.5 percentage points are not counted as shared holdings weight by this calculation. They share 663 stocks; the largest shared position is ASML Holding N.V. (ticker unavailable), contributing 1.43% to the overlap.
What this means
EFA and VEU share a material portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "moderate holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
Overlap by weight sums the smaller of the two funds' weights for every stock they both hold. It answers "how much of my money is in the same stocks either way?" See methodology.
This comparison covers normalized equity positions represented in the dataset. Cash, derivatives, options, structured notes, and other non-equity assets are not included, so the result is not a complete comparison of every asset or risk in either fund.
Top shared holdings
| Company | Ticker | in EFA | in VEU |
|---|---|---|---|
| ASML Holding N.V. | N/A | 2.58% | 1.43% |
| HSBC HOLDINGS PLC | N/A | 1.45% | 0.80% |
| Roche Holding AG | N/A | 1.32% | 0.73% |
| ASTRAZENECA PLC | N/A | 1.35% | 0.72% |
| Novartis AG | N/A | 1.29% | 0.72% |
| Nestle S.A. | N/A | 1.20% | 0.66% |
| SHELL PLC | N/A | 1.19% | 0.66% |
| Siemens Aktiengesellschaft | N/A | 1.04% | 0.56% |
| COMMONWEALTH BANK OF AUSTRALIA | N/A | 0.97% | 0.54% |
| TOYOTA MOTOR CORPORATION | N/A | 0.84% | 0.52% |
Holdings only in EFA or VEU
EFA has 13 fund-only positions representing approximately 0.9 percentage points of reported exposure; VEU has 3127 fund-only positions representing approximately 45.7 percentage points of reported exposure. These are positions whose normalized security identifiers appear in one issuer file but not the other.
Largest positions only in EFA
| Company | Ticker | Weight |
|---|---|---|
| SPOTIFY TECHNOLOGY S.A. | SPOT | 0.32% |
| Nebius Group N.V. | NBIS | 0.14% |
| AerCap Holdings N.V. | AER | 0.11% |
| VOLKSWAGEN AKTIENGESELLSCHAFT | N/A | 0.10% |
| Henkel AG & Co. KGaA | N/A | 0.05% |
| CHECK POINT SOFTWARE TECHNOLOGIES LTD. | CHKP | 0.04% |
| GRAB HOLDINGS LIMITED | GRAB | 0.04% |
| Sartorius Aktiengesellschaft | N/A | 0.03% |
| Porsche Automobil Holding SE | N/A | 0.03% |
| Dr. Ing. h.c. F. Porsche Aktiengesellschaft | N/A | 0.03% |
Largest positions only in VEU
| Company | Ticker | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | N/A | 4.28% |
| Samsung Electronics Co Ltd | N/A | 1.81% |
| SK hynix Inc | N/A | 1.23% |
| Tencent Holdings Ltd | N/A | 0.96% |
| Alibaba Group Holding Ltd | N/A | 0.75% |
| Royal Bank of Canada | RY | 0.64% |
| Toronto-Dominion Bank/The | TD | 0.46% |
| Shopify Inc | SHOP | 0.38% |
| Delta Electronics Inc | N/A | 0.34% |
| MediaTek Inc | N/A | 0.31% |
FAQ
How much do EFA and VEU overlap?
EFA and VEU have 52.5% overlap by weight, sharing 663 equity positions (out of 676 in EFA and 3790 in VEU). The official holdings files used are dated 2026-04-30 for EFA and 2026-04-30 for VEU.
What does 52.5% overlap mean?
EFA and VEU share a material portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "moderate holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
Which stocks do EFA and VEU both hold?
The largest shared positions are ASML Holding N.V., HSBC HOLDINGS PLC, Roche Holding AG, ASTRAZENECA PLC, Novartis AG. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between EFA and VEU?
EFA has 13 positions not found in VEU, while VEU has 3127 positions not found in EFA. The largest fund-only positions and their weights are shown on this page.