VEU vs EFA overlap
VEU and EFA overlap 53.9% by weight, across 659 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | VEU | EFA | Overlap |
|---|---|---|---|
| ASML Holding NVASML | 1.58% | 2.90% | 1.58% |
| HSBC Holdings PLHSBA | 0.91% | 1.66% | 0.91% |
| Roper TechnologiROP | 0.76% | 1.39% | 0.76% |
| Novartis AG-REGNOVN | 0.72% | 1.30% | 0.72% |
| Nestle SA-REGNESN | 0.64% | 1.17% | 0.64% |
| Shell PLCSHELL | 0.64% | 1.17% | 0.64% |
| Astrazeneca PLCAZN | 0.63% | 1.17% | 0.63% |
| Mitsubishi UFJ F8306 | 0.60% | 1.08% | 0.60% |
| Siemens AG-REGSIE | 0.60% | 1.10% | 0.60% |
| BHP Group Ltd.BHP | 0.53% | 0.97% | 0.53% |
| Commonw BK AustrCBA | 0.52% | 0.95% | 0.52% |
| Banco SantanderSAN | 0.51% | 0.93% | 0.51% |
| Toyota Motor7203 | 0.50% | 0.81% | 0.50% |
| Allianz SE-REGALIZF | 0.47% | 0.86% | 0.47% |
| SAP SESAPGF | 0.47% | 0.87% | 0.47% |
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: VEU, SEC Form N-PORT, July 31, 2026; EFA, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | VEU | EFA |
|---|---|---|
| BlackRock, Inc. | $18.6M | $9.8B |
| Bank of America Corp. | $2.9B | $4.2B |
| Morgan Stanley | $2.0B | $3.2B |
| Northern Trust Corp. | $1.5B | $2.2B |
| Goldman Sachs Group Inc. | $261.3M | $3.4B |
| Wells Fargo & Company | $782.6M | $1.7B |
| JPMorgan Chase & Co | $151.3M | $2.1B |
| UBS Group AG | $741.0M | $1.3B |
| Envestnet Asset Management Inc. | $920.7M | $756.8M |
| PNC Financial Services Group, Inc. | $701.6M | $871.9M |
| Royal Bank of Canada | $199.4M | $1.1B |
| Jones Financial Companies LLLP | $306.9M | $680.0M |
| LPL Financial LLC | $335.2M | $588.8M |
| FMR LLC | $33.1M | $883.1M |
| Raymond James Financial Inc. | $505.7M | $394.9M |
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: VEU institutional holders, EFA institutional holders.
Frequently asked questions
How much do VEU and EFA overlap?
53.9% by weight, with 659 holdings in common, using holdings for VEU as of July 31, 2026 and EFA as of July 31, 2026. The largest shared position is ASML.
Do institutions hold both VEU and EFA?
1,098 Form 13F filers report positions in both, out of 2,793 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%.