etf overlap · moderate overlap

VEA vs IWDA overlap

26% of VEA and IWDA is the same money, spread over 719 companies both funds hold.

Holdings as of August 31, 2026 · source: Vanguard (VEA), iShares (IWDA) · How we measured all 1,431 pairs

overlapfull holdings, by weight
26%of each fund is money the other holds at the same weight, across 719 shared companies.
VEA
26%49%25%
IWDA
26%74%
  • 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 719
companyVEAIWDA
ASASMLASML Holding NV1.95%0.72%
HSHSBAHSBC Holdings PLC1.05%0.35%
SHSHELShell PLC0.77%0.33%
RYRYRoyal Bank of Canada0.85%0.30%
NONOVNNovartis AG0.85%0.29%
AZAZNAstraZeneca PLC0.72%0.27%
NENESNNestle SA0.75%0.26%
838306Mitsubishi UFJ Financial Group Inc0.74%0.26%
SASAPSAP SE0.68%0.25%
SISIESiemens AG0.73%0.25%
BHBHPBHP Group Ltd0.71%0.24%
Shopify Inc logoSHOPShopify Inc0.54%0.23%
TDTDToronto-Dominion Bank/The0.60%0.21%
SASANBanco Santander SA0.65%0.21%
02Different

What only one of them gives you

only in VEA3,172 names
00005930Samsung Electronics Co Ltd2.60%
00000660SK hynix Inc2.00%
00005935SAMSUNG ELECTRONICS-PREF0.32%
AIAIRBAir Liquide SA0.21%
40402340SK Square Co Ltd0.20%
LO—L'Oreal SA0.18%
00009150Samsung Electro-Mechanics Co Ltd0.17%
10105560KB Financial Group Inc0.13%
only in IWDA529 names
ALPHABET CLASS C logoGOOGALPHABET CLASS C1.77%
03Sectors

Where each fund puts its money

sectorsVEA vs IWDA, share of each fund
Information Technology14.09%30.95%
Financials23.78%15.55%
Industrials17.25%10.65%
Health Care7.56%9.33%
Consumer Discretionary7.46%8.49%
Communication Services2.96%8.19%
Consumer Staples5.16%5.07%
Materials6.98%3.12%
Energy4.58%4.35%
Utilities2.92%2.35%
Real Estate2.07%1.50%
Not classified3.20%0.00%
04Questions

VEA and IWDA: what people ask

questions6 answered

How much do VEA and IWDA overlap?

26% by weight, as of August 31, 2026: moderate overlap. 719 companies appear in both funds; they make up 75% of VEA and 26% of IWDA.

Which stocks do VEA and IWDA both hold?

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

Is it redundant to hold both VEA and IWDA?

Out of every $100 split evenly between them, about $26 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 3,172 names only in VEA, 529 only in IWDA. Half in each behaves like 227 equally weighted stocks, against 266 for VEA 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 VEA?

IWDA is iShares Core MSCI World UCITS ETF (ISIN IE00B4L5Y983), an Irish-domiciled UCITS fund on the MSCI World index. Next to VEA, 26% of the money is the same, spread over 719 companies both hold, as of August 31, 2026.

Does the VEA 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 VEA vs EUNL also overlaps 26%.

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 Vanguard 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 VEA and IWDA?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.