etf overlap · little overlap

VO vs SMEA overlap

VO and SMEA hold no company in common. Still, 80% of their money sits in the same sectors, led by Industrials; they part most on Financials: 25% of SMEA against 15% of VO.

Holdings as of September 30, 2026 · source: Vanguard (VO), 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.
VO
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 VO271 names
NENETCloudflare Inc1.11%
Valero Energy Corp logoVLOValero Energy Corp1.10%
Marathon Petroleum Corp logoMPCMarathon Petroleum Corp1.10%
Phillips 66 logoPSXPhillips 661.01%
Quanta Services Inc logoPWRQuanta Services Inc0.95%
VRVRTVertiv Holdings Co0.92%
DDDDOGDatadog Inc0.91%
HWHWMHowmet Aerospace Inc0.89%
only in SMEA385 names
ASASMLASML HOLDING4.87%
HSHSBAHSBC HOLDINGS PLC2.38%
ROCHE PS PAR AG logoROPROCHE PS PAR AG2.29%
SHSHELSHELL2.20%
NONOVNNOVARTIS AG1.98%
AZAZNASTRAZENECA PLC1.81%
NENESNNESTLE SA1.79%
SASAPSAP1.64%
02Sectors

No stock in common, 80% in the same sectors

sectorsVO vs SMEA, share of each fund
Financials14.97%24.71%
Industrials18.71%18.18%
Information Technology15.56%9.41%
Health Care9.25%12.91%
Consumer Discretionary8.77%5.97%
Energy8.61%5.76%
Consumer Staples4.81%8.63%
Utilities7.69%4.85%
Materials4.33%5.46%
Real Estate4.78%0.53%
Communication Services2.22%3.00%
03Questions

VO and SMEA: what people ask

questions6 answered

How much do VO and SMEA overlap?

None by holdings, as of September 30, 2026: no company appears in both funds. By sector, 80% of their money sits in the same sectors, led by Industrials.

Which stocks do VO and SMEA both hold?

None. VO and SMEA have no holding in common.

Is it redundant to hold both VO and SMEA?

No. Out of every $100 split evenly between them, none buys the same company. Half in each gives you 656 different holdings that behave like 277 equally weighted stocks, against 206 for VO 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 VO?

SMEA is iShares Core MSCI Europe UCITS ETF EUR (Acc) (ISIN IE00B4K48X80), an Irish-domiciled UCITS fund on the MSCI Europe index. Next to VO, it holds no company in common, as of September 30, 2026.

Does the VO 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 VO 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 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 VO 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.