EWJ vs ACWI overlap
EWJ and ACWI overlap 5.0% by weight, across 165 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (EWJ: May 31, 2026, ACWI: July 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | EWJ | ACWI | Overlap |
|---|---|---|---|
| Mitsubishi UFJ F8306 | 4.05% | 0.24% | 0.24% |
| Toyota Motor7203 | 3.43% | 0.17% | 0.17% |
| SMFG8316 | 2.56% | 0.15% | 0.15% |
| Tokyo Electron8035 | 2.87% | 0.15% | 0.15% |
| Advantest Corp.6857 | 2.39% | 0.14% | 0.14% |
| Hitachi Ltd.6501 | 2.84% | 0.14% | 0.14% |
| SONY Group Corp.6758 | 2.54% | 0.13% | 0.13% |
| Mizuho Financial8411 | 2.14% | 0.12% | 0.12% |
| Softbank Group C9984 | 3.34% | 0.11% | 0.11% |
| Recruit Holdings6098 | 1.80% | 0.10% | 0.10% |
| Keyence Corp.6861 | 1.87% | 0.09% | 0.09% |
| Fast Retailing9983 | 1.89% | 0.09% | 0.09% |
| Tokio Marine HD8766 | 1.56% | 0.09% | 0.09% |
| Mitsubishi Corp.8058 | 1.95% | 0.09% | 0.09% |
| Kioxia Holdings285A | 1.49% | 0.09% | 0.09% |
Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: EWJ, SEC Form N-PORT, May 31, 2026; ACWI, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | EWJ | ACWI |
|---|---|---|
| Morgan Stanley | $2.0B | $1.8B |
| BlackRock, Inc. | $2.6B | $98.3M |
| JPMorgan Chase & Co | $2.3B | $215.6M |
| Bank of America Corp. | $478.8M | $350.3M |
| BNP Paribas Financial Markets | $3.7M | $776.3M |
| Goldman Sachs Group Inc. | $559.9M | $177.0M |
| Royal Bank of Canada | $602.4M | $72.7M |
| Envestnet Asset Management Inc. | $558.7M | $63.0M |
| UBS Group AG | $318.6M | $185.0M |
| Wells Fargo & Company | $99.4M | $299.6M |
| Harel Insurance Investments & Financial Services Ltd. | $26.7M | $331.6M |
| Schroder Investment Management Group | $17.8M | $318.9M |
| Bank of Montreal | $162.5M | $150.4M |
| Northern Trust Corp. | $4.9M | $250.6M |
| PNC Financial Services Group, Inc. | $22.4M | $217.8M |
This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.
Who owns them: EWJ institutional holders, ACWI institutional holders.
Frequently asked questions
How much do EWJ and ACWI overlap?
5.0% by weight, with 165 holdings in common, using holdings for EWJ as of May 31, 2026 and ACWI as of July 31, 2026. The largest shared position is 8306.
Do institutions hold both EWJ and ACWI?
333 Form 13F filers report positions in both, out of 1,293 that report either one.
How is overlap by weight worked out?
For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.