etf overlap tool · heavy overlap
VEA vs IEFA overlap
98% of IEFA's money sits in companies VEA also holds; 75% of the two funds is the same money, spread over 2,410 companies both hold.
Holdings as of September 30, 2026 · source: Vanguard (VEA), iShares (IEFA) · How we measured all 1,431 pairs
- same money
- same companies, extra weight
- only in this fund
The companies you would own twice
What only one of them gives you
SHOPShopify Inc0.56%Where each fund puts its money
VEA and IEFA: what people ask
How much do VEA and IEFA overlap?
75% by weight, as of September 30, 2026: heavy overlap. 2,410 companies appear in both funds; they make up 76% of VEA and 98% of IEFA.
Which stocks do VEA 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 VEA and IEFA?
Out of every $100 split evenly between them, about $75 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 1,490 names only in VEA, 208 only in IEFA. Half in each behaves like 291 equally weighted stocks, against 248 for VEA alone and 263 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.
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.