etf overlap · heavy overlap

VXUS vs IEFA overlap

55% of VXUS and IEFA is the same money, spread over 2,417 companies both funds hold.

Holdings as of September 30, 2026 · source: Vanguard (VXUS), iShares (IEFA) · How we measured all 1,035 pairs

overlapfull holdings, by weight
55%of each fund is money the other holds at the same weight, across 2,417 shared companies.
VXUS
55%45%
IEFA
55%43%
  • 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 2,417
companyVXUSIEFA
ASASMLASML Holding NV1.54%2.65%
HSHSBAHSBC Holdings PLC0.76%1.29%
Roche Holding AG logoROPRoche Holding AG0.65%1.25%
SHSHELShell PLC0.62%1.20%
NONOVNNovartis AG0.59%1.08%
838306Mitsubishi UFJ Financial Group Inc0.56%0.94%
AZAZNAstraZeneca PLC0.54%0.98%
NENESNNestle SA0.52%0.97%
SISIESiemens AG0.50%0.89%
BHBHPBHP Group Ltd0.48%0.87%
SASAPSAP SE0.45%0.89%
SASANBanco Santander SA0.45%0.77%
727203Toyota Motor Corp0.43%0.72%
ALALVAllianz SE0.40%0.72%
SUSUSchneider Electric SE0.40%0.65%
02Different

What only one of them gives you

only in VXUS6,447 names
232330Taiwan Semiconductor Manufacturing Co Ltd4.24%
00005930Samsung Electronics Co Ltd2.02%
00000660SK hynix Inc1.65%
70700Tencent Holdings Ltd0.76%
RYRYRoyal Bank of Canada0.61%
999988Alibaba Group Holding Ltd0.57%
242454MediaTek Inc0.50%
TDTDToronto-Dominion Bank/The0.43%
only in IEFA202 names
SPOTIFY TECHNOLOGY logoSPOTSPOTIFY TECHNOLOGY0.31%
NBNBISNEBIUS NV CLASS A0.15%
SESESEA ADS REPRESENTING LTD CLASS A0.14%
AEAERAERCAP HOLDINGS0.09%
CHCHKPCHECK POINT SOFTWARE TECHNOLOGIES0.04%
TITIGOMILLICOM INTERNATIONAL CELLULAR0.03%
SRSRT3SARTORIUS PREF AG0.03%
GRGRABGRAB HOLDINGS CLASS A0.03%
03Sectors

Where each fund puts its money

sectorsVXUS vs IEFA, share of each fund
Financials21.94%23.67%
Industrials13.89%19.30%
Information Technology19.38%10.93%
Consumer Discretionary7.34%8.57%
Health Care6.29%9.53%
Materials6.55%6.71%
Consumer Staples4.43%6.51%
Energy4.30%4.13%
Communication Services3.71%3.83%
Utilities2.69%3.52%
Real Estate1.90%2.55%
Not classified4.44%0.00%
04Questions

VXUS and IEFA: what people ask

questions4 answered

How much do VXUS and IEFA overlap?

55% by weight, as of September 30, 2026: heavy overlap. 2,417 companies appear in both funds; they make up 55% of VXUS and 98% of IEFA.

Which stocks do VXUS and IEFA 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 VXUS and IEFA?

Out of every $100 split evenly between them, about $55 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 6,447 names only in VXUS, 202 only in IEFA. Half in each behaves like 319 equally weighted stocks, against 232 for VXUS alone and 261 for IEFA 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.

Hold VXUS and IEFA?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.