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
83 holdings in all 2 funds| Fund | GSEU | HDMV | Positions | Holdings |
|---|---|---|---|---|
| GSEUGoldman Sachs ActiveBeta Europe Equity ETF | — | 21% 83 shared |
345 | as of May 31, 2026SEC filing |
| HDMVFirst Trust Horizon Managed Volatility Developed International ETF | 21% 83 shared | — | 150 | as of Apr 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
21.5% common weight| Holding | GSEU | HDMV | Smallest |
|---|---|---|---|
| ALLIANZ SE | 1.02% | 0.93% | 0.93% |
| IBERDROLA SA | 0.77% | 0.95% | 0.77% |
| TOTALENERGIES SE | 0.88% | 0.61% | 0.61% |
| SHELL PLC | 1.32% | 0.59% | 0.59% |
| KONINKLIJKE AHOLD DELHAIZE NV | 0.80% | 0.58% | 0.58% |
| CARREFOUR SA | 0.51% | 0.52% | 0.51% |
| ZURICH INSURANCE GROUP AG | 0.50% | 0.54% | 0.50% |
| UNILEVER PLC | 0.50% | 0.71% | 0.50% |
| AXA SA | 0.49% | 0.64% | 0.49% |
| SGS SA | 0.48% | 0.51% | 0.48% |
| NOVARTIS AG | 1.88% | 0.48% | 0.48% |
| BOUYGUES SA | 0.74% | 0.48% | 0.48% |
| GEBERIT AG | 0.46% | 0.46% | 0.46% |
| L'AIR LIQUIDE SA | 0.45% | 0.84% | 0.45% |
| NESTLE' SA/AG | 1.24% | 0.44% | 0.44% |
| NN GROUP NV | 0.44% | 0.82% | 0.44% |
| M&G PLC | 0.41% | 0.64% | 0.41% |
| DEUTSCHE TELEKOM AG | 0.45% | 0.40% | 0.40% |
| POSTE ITALIANE SPA | 0.40% | 0.89% | 0.40% |
| DHL GROUP | 0.60% | 0.34% | 0.34% |
| ENI SPA | 0.33% | 0.59% | 0.33% |
| AGEAS SA/NV | 0.32% | 0.90% | 0.32% |
| HEINEKEN HOLDING NV | 0.31% | 0.56% | 0.31% |
| J SAINSBURY PLC | 0.31% | 0.43% | 0.31% |
| BOLLORE SE | 0.29% | 1.03% | 0.29% |
| MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG | 0.29% | 0.61% | 0.29% |
| SMITHS GROUP PLC | 0.29% | 0.70% | 0.29% |
| NATIONAL GRID PLC | 0.29% | 0.98% | 0.29% |
| INVESTOR AB | 0.28% | 0.59% | 0.28% |
| GROUPE BRUXELLES LAMBERT SA | 0.27% | 1.03% | 0.27% |
| SWISS LIFE HOLDING AG | 0.26% | 0.77% | 0.26% |
| VEOLIA ENVIRONNEMENT SA | 0.26% | 0.69% | 0.26% |
| GEA GROUP AG | 0.25% | 0.35% | 0.25% |
| INDUSTRIVARDEN AB | 0.25% | 0.51% | 0.25% |
| HELVETIA BALOISE HOLDING AG | 0.24% | 0.53% | 0.24% |
| ASR NEDERLAND NV | 0.24% | 1.11% | 0.24% |
| INDUSTRIVARDEN AB | 0.24% | 0.48% | 0.24% |
| BUREAU VERITAS SA | 0.24% | 0.64% | 0.24% |
| SNAM SPA | 0.23% | 1.07% | 0.23% |
| RECORDATI - INDUSTRIA CHIMICA E FARMACEUTICA SPA | 0.23% | 0.52% | 0.23% |
| SWISSCOM AG | 0.22% | 0.74% | 0.22% |
| GETLINK SE | 0.22% | 0.99% | 0.22% |
| MAPFRE SA | 0.21% | 0.36% | 0.21% |
| GJENSIDIGE FORSIKRING ASA | 0.21% | 0.47% | 0.21% |
| HALEON PLC | 0.20% | 0.43% | 0.20% |
| FERROVIAL NV | 0.20% | 0.54% | 0.20% |
| STANDARD LIFE PLC | 0.20% | 0.53% | 0.20% |
| L E LUNDBERGFORETAGEN AB | 0.20% | 0.53% | 0.20% |
| BIOMERIEUX SA | 0.20% | 0.41% | 0.20% |
| ASSICURAZIONI GENERALI SPA | 0.19% | 0.75% | 0.19% |
| ITALGAS SPA | 0.19% | 0.57% | 0.19% |
| ANHEUSER-BUSCH INBEV SA/NV | 0.18% | 0.51% | 0.18% |
| KONINKLIJKE KPN NV | 0.18% | 0.70% | 0.18% |
| TERNA - RETE ELETTRICA NAZIONALE SPA | 0.18% | 0.60% | 0.18% |
| ASSA ABLOY AB | 0.18% | 0.48% | 0.18% |
| SWISS PRIME SITE AG | 0.16% | 0.81% | 0.16% |
| E.ON SE | 0.16% | 0.59% | 0.16% |
| HENKEL AG & CO. KGAA | 0.15% | 0.62% | 0.15% |
| REDEIA CORPORACION SA | 0.15% | 0.82% | 0.15% |
| SECURITAS AB | 0.14% | 0.53% | 0.14% |
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.