ETF Overlap Tool
Enter up to six ETFs to see how much of each is the same securities. Overlap by weight is the sum, over every holding two funds share, of the smaller of the two weights: 100% means identical portfolios, 0% means nothing in common.
Overlap by weight
53 holdings in all 2 funds| Fund | DBEU | FHIL | Positions | Holdings |
|---|---|---|---|---|
| DBEUXtrackers MSCI Europe Hedged Equity ETF | — | 32% 53 shared |
400 | as of May 29, 2026SEC filing |
| FHILFederated Hermes International Leaders ETF | 32% 53 shared | — | 85 | as of Jul 31, 2026SEC filing |
Each cell: overlap by weight, and how many positions the two funds share. Equity, preferred and fund holdings are compared; cash and derivatives are not.
Held by both funds
32.5% common weight| Holding | DBEU | FHIL | Smallest |
|---|---|---|---|
| ASML HOLDING NV | 4.36% | 2.88% | 2.88% |
| HSBC HOLDINGS PLC | 2.24% | 1.96% | 1.96% |
| ASTRAZENECA PLC | 1.95% | 3.13% | 1.95% |
| SHELL PLC | 1.64% | 1.87% | 1.64% |
| SIEMENS AG | 1.62% | 1.38% | 1.38% |
| ROCHE HOLDING AG | 2.06% | 1.32% | 1.32% |
| BANCO SANTANDER SA | 1.25% | 1.67% | 1.25% |
| SIEMENS ENERGY AG | 1.02% | 1.24% | 1.02% |
| LVMH MOET HENNESSY LOUIS VUITTON SE | 0.95% | 2.33% | 0.95% |
| SCHNEIDER ELECTRIC SE | 1.20% | 0.88% | 0.88% |
| UBS GROUP AG | 1.05% | 0.86% | 0.86% |
| AIRBUS SE | 0.86% | 1.01% | 0.86% |
| INFINEON TECHNOLOGIES AG | 0.86% | 1.01% | 0.86% |
| L'AIR LIQUIDE SA | 0.84% | 2.12% | 0.84% |
| UNICREDIT SPA | 0.82% | 1.88% | 0.82% |
| BP PLC | 0.77% | 1.43% | 0.77% |
| ALLIANZ SE | 1.18% | 0.72% | 0.72% |
| BNP PARIBAS SA | 0.75% | 0.65% | 0.65% |
| ENEL SPA | 0.59% | 1.43% | 0.59% |
| BARCLAYS PLC | 0.59% | 1.45% | 0.59% |
| DEUTSCHE TELEKOM AG | 0.80% | 0.53% | 0.53% |
| AXA SA | 0.50% | 0.71% | 0.50% |
| NOVARTIS AG | 1.92% | 0.50% | 0.50% |
| GLENCORE PLC | 0.50% | 0.51% | 0.50% |
| RHEINMETALL AG | 0.49% | 0.85% | 0.49% |
| NATWEST GROUP PLC | 0.45% | 1.39% | 0.45% |
| PROSUS NV | 0.41% | 0.61% | 0.41% |
| DEUTSCHE BANK AG | 0.41% | 1.46% | 0.41% |
| SPOTIFY TECHNOLOGY SA | 0.51% | 0.40% | 0.40% |
| ANGLO AMERICAN PLC | 0.40% | 1.00% | 0.40% |
| ENGIE SA | 0.38% | 1.16% | 0.38% |
| SOCIETE GENERALE SA | 0.37% | 1.92% | 0.37% |
| ASM INTERNATIONAL NV | 0.34% | 0.63% | 0.34% |
| DSV A/S | 0.34% | 1.59% | 0.34% |
| LEGRAND SA | 0.31% | 0.95% | 0.31% |
| COMPAGNIE DE SAINT-GOBAIN SA | 0.28% | 2.13% | 0.28% |
| SAP SE | 1.31% | 0.28% | 0.28% |
| ORANGE SA | 0.27% | 1.81% | 0.27% |
| GALDERMA GROUP AG | 0.27% | 0.80% | 0.27% |
| SSE PLC | 0.26% | 1.82% | 0.26% |
| RWE AG | 0.26% | 0.36% | 0.26% |
| PRUDENTIAL PLC | 0.25% | 1.40% | 0.25% |
| UCB SA | 0.25% | 1.22% | 0.25% |
| ASSA ABLOY AB | 0.24% | 1.17% | 0.24% |
| HALMA PLC | 0.16% | 0.68% | 0.16% |
| HEINEKEN NV | 0.16% | 1.02% | 0.16% |
| ANHEUSER-BUSCH INBEV SA/NV | 0.50% | 0.13% | 0.13% |
| BT GROUP PLC | 0.11% | 1.01% | 0.11% |
| RENTOKIL INITIAL PLC | 0.11% | 1.26% | 0.11% |
| KERRY GROUP PLC | 0.10% | 0.74% | 0.10% |
| BOUYGUES SA | 0.09% | 1.12% | 0.09% |
| AKZO NOBEL NV | 0.08% | 0.60% | 0.08% |
| MARKS AND SPENCER GROUP PLC | 0.07% | 1.01% | 0.07% |
Reading overlap
Two funds with 80% overlap move together and holding both mostly doubles one exposure and both fees. Low overlap is not the same as diversification: two funds can share no holdings and still be driven by the same factor. To see what a whole portfolio owns, use the portfolio x-ray.
Holdings come from each issuer's daily file where we have one and otherwise from the fund's latest SEC filing, so the two sides of a comparison can be from different dates. The table shows each fund's date.
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.