etf overlap tool · heavy overlap
VEA vs XEF overlap
95% of XEF's money sits in companies VEA also holds; 74% of the two funds is the same money, spread over 2,313 companies both hold.
Holdings as of September 30, 2026 · source: Vanguard (VEA), iShares (XEF) · How we measured all 1,431 pairs
- same money
- same companies, extra weight
- only in this fund
Its file gives a ticker and a country but no ISIN; 99.6% of its stock money was matched to one.
Hold VEA and XEF with other funds or stocks? The free portfolio optimizer opens VEA and XEF beside the rest of what you own: the companies you hold twice, what the funds cost a year, and where the next deposit should go. No account.
What only one of them gives you
SHOPShopify Inc0.56%
SPOTSPOTIFY TECHNOLOGY0.35%Where each fund puts its money
VEA and XEF: what people ask
How much do VEA and XEF overlap?
74% by weight, as of September 30, 2026: heavy overlap. 2,313 companies appear in both funds; they make up 75% of VEA and 95% of XEF.
Which stocks do VEA and XEF 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 VEA and XEF?
Out of every $100 split evenly between them, about $74 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 1,587 names only in VEA, 147 only in XEF. Half in each behaves like 294 equally weighted stocks, against 248 for VEA alone and 267 for XEF alone. Whether that duplication is a problem depends on the mix you want; this is a description, not advice.
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.
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.