etf overlap · little overlap

VUAA vs SMEA overlap

VUAA and SMEA hold no company in common. Still, 59% of their money sits in the same sectors, led by Financials; they part most on Information Technology: 40% of VUAA against 9.4% of SMEA.

Holdings as of September 30, 2026 · source: Vanguard (VUAA), 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.
VUAA
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 VUAA503 names
NVIDIA Corp logoNVDANVIDIA Corp8.37%
Apple Inc logoAAPLApple Inc7.36%
Microsoft Corp logoMSFTMicrosoft Corp5.77%
Amazon.com Inc logoAMZNAmazon.com Inc3.70%
Alphabet Inc logoGOOGLAlphabet Inc3.06%
Broadcom Inc logoAVGOBroadcom Inc2.53%
Alphabet Inc logoGOOGAlphabet Inc2.45%
Meta Platforms Inc logoMETAMeta Platforms Inc2.42%
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, 59% in the same sectors

sectorsVUAA vs SMEA, share of each fund
Information Technology39.63%9.41%
Financials11.33%24.71%
Industrials8.03%18.18%
Health Care9.24%12.91%
Consumer Discretionary8.58%5.97%
Consumer Staples4.44%8.63%
Communication Services9.93%3.00%
Energy3.39%5.76%
Materials1.62%5.46%
Utilities1.87%4.85%
Real Estate1.69%0.53%
03Questions

VUAA and SMEA: what people ask

questions6 answered

How much do VUAA and SMEA overlap?

None by holdings, as of September 30, 2026: no company appears in both funds. By sector, 59% of their money sits in the same sectors, led by Financials.

Which stocks do VUAA and SMEA both hold?

None. VUAA and SMEA have no holding in common.

Is it redundant to hold both VUAA and SMEA?

No. Out of every €100 split evenly between them, none buys the same company. Half in each gives you 888 different holdings that behave like 123 equally weighted stocks, against 43 for VUAA alone and 104 for SMEA alone. Whether that mix suits you depends on what you want to own; this is a description, not advice.

Do VUAA and SMEA track the same index?

No. VUAA (ISIN IE00BFMXXD54) tracks the S&P 500 index, SMEA (ISIN IE00B4K48X80) the MSCI Europe. As of September 30, 2026, 503 companies are only in VUAA (100% of the fund) and 385 only in SMEA (99% of it).

Does the VUAA vs SMEA overlap apply to other tickers?

Yes. VUAA also trades as VUAG (London, GBP), and VUSA (ISIN IE00B3XXRP09) is its distributing share class. 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 VUAG 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 VUAA 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.