etf overlap · little overlap

XLC vs SMEA overlap

XLC and SMEA hold no company in common, and their sectors barely meet (3.0% in common): XLC is 100% Communication Services, SMEA 25% Financials.

Holdings as of October 14, 2026 · source: SPDR (XLC), 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.
XLC
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 XLC22 names
ALPHABET INC CL C logoGOOGALPHABET INC CL C9.94%
only in SMEA385 names
ASASMLASML HOLDING4.87%
HSHSBAHSBC HOLDINGS PLC2.38%
SHSHELSHELL2.20%
NONOVNNOVARTIS AG1.98%
AZAZNASTRAZENECA PLC1.81%
NENESNNESTLE SA1.79%
SASAPSAP1.64%
02Sectors

No stock in common, 3.0% in the same sectors

sectorsXLC vs SMEA, share of each fund
Communication Services99.55%3.00%
Financials0.00%24.71%
Industrials0.00%18.18%
Health Care0.00%12.91%
Information Technology0.00%9.41%
Consumer Staples0.00%8.63%
Consumer Discretionary0.00%5.97%
Energy0.00%5.76%
Materials0.00%5.46%
Utilities0.00%4.85%
Real Estate0.00%0.53%
03Questions

XLC and SMEA: what people ask

questions6 answered

How much do XLC and SMEA overlap?

None by holdings, as of October 14, 2026: no company appears in both funds. By sector, 3.0% of their money sits in the same sectors, led by Communication Services.

Which stocks do XLC and SMEA both hold?

None. XLC and SMEA have no holding in common.

Is it redundant to hold both XLC and SMEA?

No. Out of every $100 split evenly between them, none buys the same company. Half in each gives you 407 different holdings that behave like 36 equally weighted stocks, against 10 for XLC 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 XLC?

SMEA is iShares Core MSCI Europe UCITS ETF EUR (Acc) (ISIN IE00B4K48X80), an Irish-domiciled UCITS fund on the MSCI Europe index. Next to XLC, it holds no company in common, as of October 14, 2026.

Does the XLC 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 XLC 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 SPDR 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 XLC 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.