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
338 holdings in all 3 funds| Fund | GSEU | DBEU | FLEE | Positions | Holdings |
|---|---|---|---|---|---|
| GSEUGoldman Sachs ActiveBeta Europe Equity ETF | — | 69% 345 shared | 68% 338 shared |
345 | as of May 31, 2026SEC filing |
| DBEUXtrackers MSCI Europe Hedged Equity ETF | 69% 345 shared | — | 92% 387 shared |
400 | as of May 29, 2026SEC filing |
| FLEEFranklin FTSE Europe ETF | 68% 338 shared | 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 all 3 funds
67.6% common weight| Holding | GSEU | DBEU | FLEE | Smallest |
|---|---|---|---|---|
| ASML HOLDING NV | 4.00% | 4.36% | 5.19% | 4.00% |
| ROCHE HOLDING AG | 1.93% | 2.06% | 1.99% | 1.93% |
| NOVARTIS AG | 1.88% | 1.92% | 2.01% | 1.88% |
| HSBC HOLDINGS PLC | 1.87% | 2.24% | 2.23% | 1.87% |
| ASTRAZENECA PLC | 1.73% | 1.95% | 1.92% | 1.73% |
| SHELL PLC | 1.32% | 1.64% | 1.50% | 1.32% |
| BANCO SANTANDER SA | 1.33% | 1.25% | 1.37% | 1.25% |
| SIEMENS AG | 1.24% | 1.62% | 1.62% | 1.24% |
| NESTLE' SA/AG | 1.24% | 1.82% | 1.82% | 1.24% |
| ALLIANZ SE | 1.02% | 1.18% | 1.24% | 1.02% |
| SAP SE | 1.01% | 1.31% | 1.08% | 1.01% |
| TOTALENERGIES SE | 0.88% | 1.20% | 1.02% | 0.88% |
| SIEMENS ENERGY AG | 0.87% | 1.02% | 0.98% | 0.87% |
| NOVO NORDISK A/S | 0.87% | 1.02% | 1.05% | 0.87% |
| BANCO BILBAO VIZCAYA ARGENTARIA SA | 0.84% | 0.92% | 0.96% | 0.84% |
| SCHNEIDER ELECTRIC SE | 0.80% | 1.20% | 1.22% | 0.80% |
| IBERDROLA SA | 0.77% | 0.96% | 1.16% | 0.77% |
| GSK PLC | 0.73% | 0.71% | 0.72% | 0.71% |
| ABB LTD (CH) | 0.71% | 1.17% | 1.15% | 0.71% |
| BNP PARIBAS SA | 0.69% | 0.75% | 0.78% | 0.69% |
| L'OREAL SA | 0.68% | 0.74% | 0.69% | 0.68% |
| UBS GROUP AG | 0.65% | 1.05% | 1.06% | 0.65% |
| UNICREDIT SPA | 0.65% | 0.82% | 0.93% | 0.65% |
| ROLLS-ROYCE HOLDINGS PLC | 0.63% | 1.05% | 1.10% | 0.63% |
| BP PLC | 0.59% | 0.77% | 0.67% | 0.59% |
| BARCLAYS PLC | 0.69% | 0.59% | 0.63% | 0.59% |
| ING GROEP NV | 0.56% | 0.63% | 0.62% | 0.56% |
| ENEL SPA | 0.54% | 0.59% | 0.59% | 0.54% |
| LVMH MOET HENNESSY LOUIS VUITTON SE | 0.53% | 0.95% | 0.94% | 0.53% |
| RIO TINTO PLC | 0.53% | 0.80% | 0.67% | 0.53% |
| ZURICH INSURANCE GROUP AG | 0.50% | 0.74% | 0.76% | 0.50% |
| UNILEVER PLC | 0.50% | 0.86% | 0.87% | 0.50% |
| AXA SA | 0.49% | 0.50% | 0.56% | 0.49% |
| BRITISH AMERICAN TOBACCO PLC | 0.46% | 0.86% | 0.86% | 0.46% |
| INTESA SANPAOLO SPA | 0.46% | 0.66% | 0.72% | 0.46% |
| L'AIR LIQUIDE SA | 0.45% | 0.84% | 0.86% | 0.45% |
| DEUTSCHE TELEKOM AG | 0.45% | 0.80% | 0.64% | 0.45% |
| NATWEST GROUP PLC | 0.46% | 0.45% | 0.48% | 0.45% |
| VINCI SA | 0.44% | 0.47% | 0.49% | 0.44% |
| NOKIA OYJ (NOKIA CORP) | 0.41% | 0.51% | 0.45% | 0.41% |
| DEUTSCHE BANK AG | 0.61% | 0.41% | 0.40% | 0.40% |
| INFINEON TECHNOLOGIES AG | 0.39% | 0.86% | 0.83% | 0.39% |
| DHL GROUP | 0.60% | 0.38% | 0.38% | 0.38% |
| LLOYDS BANKING GROUP PLC | 0.37% | 0.56% | 0.59% | 0.37% |
| SOCIETE GENERALE SA | 0.58% | 0.37% | 0.41% | 0.37% |
| SANOFI SA | 0.36% | 0.67% | 0.63% | 0.36% |
| SAFRAN SA | 0.35% | 0.85% | 0.93% | 0.35% |
| GLENCORE PLC | 0.35% | 0.50% | 0.47% | 0.35% |
| INDUSTRIA DE DISENO TEXTIL SA | 0.34% | 0.47% | 0.48% | 0.34% |
| STANDARD CHARTERED PLC | 0.51% | 0.33% | 0.33% | 0.33% |
| PRYSMIAN SPA | 0.33% | 0.34% | 0.33% | 0.33% |
| ENGIE SA | 0.33% | 0.38% | 0.40% | 0.33% |
| NORDEA BANK ABP | 0.31% | 0.41% | 0.42% | 0.31% |
| HOLCIM AG | 0.34% | 0.35% | 0.31% | 0.31% |
| ENI SPA | 0.33% | 0.33% | 0.30% | 0.30% |
| AIRBUS SE | 0.30% | 0.86% | 0.89% | 0.30% |
| MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG | 0.29% | 0.48% | 0.49% | 0.29% |
| BAYER AG | 0.64% | 0.29% | 0.37% | 0.29% |
| NATIONAL GRID PLC | 0.29% | 0.56% | 0.56% | 0.29% |
| COMPAGNIE DE SAINT-GOBAIN SA | 0.34% | 0.28% | 0.28% | 0.28% |
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.