etf overlap · light overlap

IEFA vs IWDA overlap

23% of IEFA and IWDA is the same money, spread over 654 companies both funds hold.

Holdings as of October 14, 2026 · source: iShares (IEFA), iShares (IWDA) · How we measured all 1,431 pairs

overlapfull holdings, by weight
23%of each fund is money the other holds at the same weight, across 654 shared companies.
IEFA
23%62%15%
IWDA
23%77%
  • same money
  • same companies, extra weight
  • only in this fund
Overlap = the sum, over companies both funds hold, of the smaller of the two weights. Cash and derivatives excluded.
01Shared

The companies you would own twice

held by bothtop 15 of 654
companyIEFAIWDA
ASASMLASML HOLDING2.65%0.72%
HSHSBAHSBC HOLDINGS PLC1.29%0.35%
SHSHELSHELL1.20%0.33%
NONOVNNOVARTIS AG1.08%0.29%
AZAZNASTRAZENECA PLC0.98%0.27%
NENESNNESTLE SA0.97%0.26%
838306MITSUBISHI UFJ FINANCIAL GROUP0.94%0.26%
SASAPSAP0.89%0.25%
SISIESIEMENS N AG0.89%0.25%
BHBHPBHP GROUP LTD0.87%0.24%
SASANBANCO SANTANDER0.77%0.21%
686857ADVANTEST0.75%0.20%
ALALVALLIANZ0.72%0.20%
TTTTETOTALENERGIES0.70%0.19%
02Different

What only one of them gives you

only in IEFA1,965 names
IMIMIIMI PLC0.04%
BSBSLBLUESCOPE STEEL0.04%
WEWEIRWEIR PLC0.04%
717167MEBUKI FINANCIAL GROUP INC0.04%
696963ROHM0.04%
GTGTTGAZTRANSPORT & TECHNIGAZ SA0.04%
585831SHIZUOKA FINANCIAL GROUP INC0.03%
696976TAIYO YUDEN LTD0.03%
only in IWDA594 names
ALPHABET CLASS C logoGOOGALPHABET CLASS C1.77%
03Sectors

Where each fund puts its money

sectorsIEFA vs IWDA, share of each fund
Information Technology10.93%30.95%
Financials23.67%15.55%
Industrials19.30%10.65%
Health Care9.53%9.33%
Consumer Discretionary8.57%8.49%
Communication Services3.83%8.19%
Consumer Staples6.51%5.07%
Materials6.71%3.12%
Energy4.13%4.35%
Utilities3.52%2.35%
Real Estate2.55%1.50%
04Questions

IEFA and IWDA: what people ask

questions6 answered

How much do IEFA and IWDA overlap?

23% by weight, as of October 14, 2026: light overlap. 654 companies appear in both funds; they make up 85% of IEFA and 23% of IWDA.

Which stocks do IEFA and IWDA both hold?

The largest shared positions are ASML, HSBA, ROP, SHEL and NOVN. Ranked by the smaller of the two weights, which is the part you would own twice.

Is it redundant to hold both IEFA and IWDA?

Out of every $100 split evenly between them, about $23 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 1,965 names only in IEFA, 594 only in IWDA. Half in each behaves like 223 equally weighted stocks, against 261 for IEFA alone and 83 for IWDA alone. Whether that duplication is a problem depends on the mix you want; this is a description, not advice.

What is IWDA, next to IEFA?

IWDA is iShares Core MSCI World UCITS ETF (ISIN IE00B4L5Y983), an Irish-domiciled UCITS fund on the MSCI World index. Next to IEFA, 23% of the money is the same, spread over 654 companies both hold, as of October 14, 2026.

Does the IEFA vs IWDA overlap apply to other tickers?

Yes. IWDA also trades as SWDA (London, GBP; Borsa Italiana, EUR) and EUNL (Xetra, EUR). Each is the same portfolio in another currency, on another exchange or paying its dividends out, so IEFA vs EUNL also overlaps 23%.

How is ETF overlap calculated here?

For every company held by both funds we take the smaller of its two weights and add them up. The weights come from the full holdings files iShares publish, not a top-10 sample, and companies are matched by their ISIN so share classes stay apart. Sector overlap applies the same rule to the issuers' sector labels; "behaves like N equally weighted stocks" is one over the sum of the squared weights.

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Weights come from each issuer's published holdings file and are matched company by company on their ISIN. Cash, futures and currency positions are left out. This page describes what the funds hold; it is not investment advice.