etf overlap · little overlap

RSP vs SMEA overlap

RSP and SMEA hold no company in common. Still, 83% of their money sits in the same sectors, led by Industrials; they part most on Financials: 25% of SMEA against 15% of RSP.

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

overlapfull holdings, by weight
0.0%of each fund is money the other holds at the same weight, across 0 shared companies.
RSP
100%
SMEA
100%
  • 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.
01Different

What only one of them gives you

only in RSP505 names
PPEverpure Inc0.29%
ILILMNIllumina Inc0.27%
MTMTDMettler-Toledo International Inc0.25%
only in SMEA385 names
ASASMLASML HOLDING4.87%
HSHSBAHSBC HOLDINGS PLC2.38%
SHSHELSHELL2.20%
NONOVNNOVARTIS AG1.98%
AZAZNASTRAZENECA PLC1.81%
NENESNNESTLE SA1.79%
SASAPSAP1.64%
02Sectors

No stock in common, 83% in the same sectors

sectorsRSP vs SMEA, share of each fund
Financials14.55%24.71%
Industrials16.41%18.18%
Health Care12.75%12.91%
Information Technology15.40%9.41%
Consumer Staples6.96%8.63%
Consumer Discretionary9.30%5.97%
Utilities6.13%4.85%
Energy4.29%5.76%
Materials4.43%5.46%
Communication Services3.65%3.00%
Real Estate5.76%0.53%
Not classified0.33%0.00%
03Questions

RSP and SMEA: what people ask

questions6 answered

How much do RSP and SMEA overlap?

None by holdings, as of October 14, 2026: no company appears in both funds. By sector, 83% of their money sits in the same sectors, led by Industrials.

Which stocks do RSP and SMEA both hold?

None. RSP and SMEA have no holding in common.

Is it redundant to hold both RSP and SMEA?

No. Out of every $100 split evenly between them, none buys the same company. Half in each gives you 890 different holdings that behave like 344 equally weighted stocks, against 498 for RSP alone and 104 for SMEA alone. Whether that mix suits you depends on what you want to own; this is a description, not advice.

What is SMEA, next to RSP?

SMEA is iShares Core MSCI Europe UCITS ETF EUR (Acc) (ISIN IE00B4K48X80), an Irish-domiciled UCITS fund on the MSCI Europe index. Next to RSP, it holds no company in common, as of October 14, 2026.

Does the RSP vs SMEA overlap apply to other tickers?

Yes. SMEA also trades as IMAE (Euronext Amsterdam, EUR) and EUNK (Xetra, EUR). Each is the same portfolio in another currency, on another exchange or paying its dividends out, so RSP and EUNK share no company either.

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 Invesco and 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.

Hold RSP and SMEA?Import your positions and see what your funds hold together, company by company, with the fees you pay on each.Import my portfolio

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.