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
387 holdings in all 2 funds| Fund | DBEU | FLEE | Positions | Holdings |
|---|---|---|---|---|
| DBEUXtrackers MSCI Europe Hedged Equity ETF | — | 92% 387 shared |
400 | as of May 29, 2026SEC filing |
| FLEEFranklin FTSE Europe ETF | 92% 387 shared | — | 496 | as of Jun 30, 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
91.9% common weight| Holding | DBEU | FLEE | Smallest |
|---|---|---|---|
| ASML HOLDING NV | 4.36% | 5.19% | 4.36% |
| HSBC HOLDINGS PLC | 2.24% | 2.23% | 2.23% |
| ROCHE HOLDING AG | 2.06% | 1.99% | 1.99% |
| ASTRAZENECA PLC | 1.95% | 1.92% | 1.92% |
| NOVARTIS AG | 1.92% | 2.01% | 1.92% |
| NESTLE' SA/AG | 1.82% | 1.82% | 1.82% |
| SIEMENS AG | 1.62% | 1.62% | 1.62% |
| SHELL PLC | 1.64% | 1.50% | 1.50% |
| BANCO SANTANDER SA | 1.25% | 1.37% | 1.25% |
| SCHNEIDER ELECTRIC SE | 1.20% | 1.22% | 1.20% |
| ALLIANZ SE | 1.18% | 1.24% | 1.18% |
| ABB LTD (CH) | 1.17% | 1.15% | 1.15% |
| SAP SE | 1.31% | 1.08% | 1.08% |
| ROLLS-ROYCE HOLDINGS PLC | 1.05% | 1.10% | 1.05% |
| UBS GROUP AG | 1.05% | 1.06% | 1.05% |
| TOTALENERGIES SE | 1.20% | 1.02% | 1.02% |
| NOVO NORDISK A/S | 1.02% | 1.05% | 1.02% |
| SIEMENS ENERGY AG | 1.02% | 0.98% | 0.98% |
| IBERDROLA SA | 0.96% | 1.16% | 0.96% |
| LVMH MOET HENNESSY LOUIS VUITTON SE | 0.95% | 0.94% | 0.94% |
| BANCO BILBAO VIZCAYA ARGENTARIA SA | 0.92% | 0.96% | 0.92% |
| AIRBUS SE | 0.86% | 0.89% | 0.86% |
| BRITISH AMERICAN TOBACCO PLC | 0.86% | 0.86% | 0.86% |
| UNILEVER PLC | 0.86% | 0.87% | 0.86% |
| SAFRAN SA | 0.85% | 0.93% | 0.85% |
| L'AIR LIQUIDE SA | 0.84% | 0.86% | 0.84% |
| INFINEON TECHNOLOGIES AG | 0.86% | 0.83% | 0.83% |
| UNICREDIT SPA | 0.82% | 0.93% | 0.82% |
| COMPAGNIE FINANCIERE RICHEMONT SA | 0.81% | 0.84% | 0.81% |
| BNP PARIBAS SA | 0.75% | 0.78% | 0.75% |
| ZURICH INSURANCE GROUP AG | 0.74% | 0.76% | 0.74% |
| GSK PLC | 0.71% | 0.72% | 0.71% |
| L'OREAL SA | 0.74% | 0.69% | 0.69% |
| RIO TINTO PLC | 0.80% | 0.67% | 0.67% |
| BP PLC | 0.77% | 0.67% | 0.67% |
| INTESA SANPAOLO SPA | 0.66% | 0.72% | 0.66% |
| DEUTSCHE TELEKOM AG | 0.80% | 0.64% | 0.64% |
| SANOFI SA | 0.67% | 0.63% | 0.63% |
| ING GROEP NV | 0.63% | 0.62% | 0.62% |
| ENEL SPA | 0.59% | 0.59% | 0.59% |
| BARCLAYS PLC | 0.59% | 0.63% | 0.59% |
| LLOYDS BANKING GROUP PLC | 0.56% | 0.59% | 0.56% |
| NATIONAL GRID PLC | 0.56% | 0.56% | 0.56% |
| AXA SA | 0.50% | 0.56% | 0.50% |
| ANHEUSER-BUSCH INBEV SA/NV | 0.50% | 0.54% | 0.50% |
| INVESTOR AB | 0.49% | 0.50% | 0.49% |
| BAE SYSTEMS PLC | 0.55% | 0.49% | 0.49% |
| MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG | 0.48% | 0.49% | 0.48% |
| GLENCORE PLC | 0.50% | 0.47% | 0.47% |
| VINCI SA | 0.47% | 0.49% | 0.47% |
| INDUSTRIA DE DISENO TEXTIL SA | 0.47% | 0.48% | 0.47% |
| NOKIA OYJ (NOKIA CORP) | 0.51% | 0.45% | 0.45% |
| NATWEST GROUP PLC | 0.45% | 0.48% | 0.45% |
| NORDEA BANK ABP | 0.41% | 0.42% | 0.41% |
| DEUTSCHE BANK AG | 0.41% | 0.40% | 0.40% |
| RELX PLC | 0.41% | 0.38% | 0.38% |
| ENGIE SA | 0.38% | 0.40% | 0.38% |
| DHL GROUP | 0.38% | 0.38% | 0.38% |
| COMPASS GROUP PLC | 0.38% | 0.38% | 0.38% |
| ESSILORLUXOTTICA SA | 0.43% | 0.37% | 0.37% |
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.