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
311 holdings in all 3 funds| Fund | VGK | FLEE | DBEU | Positions | Holdings |
|---|---|---|---|---|---|
| VGKVanguard FTSE Europe ETF | — | 66% 396 shared | 65% 313 shared |
1,223 | as of Apr 30, 2026SEC filing |
| FLEEFranklin FTSE Europe ETF | 66% 396 shared | — | 92% 387 shared |
496 | as of Jun 30, 2026SEC filing |
| DBEUXtrackers MSCI Europe Hedged Equity ETF | 65% 313 shared | 92% 387 shared | — | 400 | as of May 29, 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
63.3% common weight| Holding | VGK | FLEE | DBEU | Smallest |
|---|---|---|---|---|
| HSBC Holdings PLC | 2.03% | 2.23% | 2.24% | 2.03% |
| Roche Holding AG | 1.84% | 1.99% | 2.06% | 1.84% |
| AstraZeneca PLC | 1.83% | 1.92% | 1.95% | 1.83% |
| Shell PLC | 1.67% | 1.50% | 1.64% | 1.50% |
| Siemens AG | 1.41% | 1.62% | 1.62% | 1.41% |
| Banco Santander SA | 1.15% | 1.37% | 1.25% | 1.15% |
| Allianz SE | 1.12% | 1.24% | 1.18% | 1.12% |
| Schneider Electric SE | 1.11% | 1.22% | 1.20% | 1.11% |
| TotalEnergies SE | 1.09% | 1.02% | 1.20% | 1.02% |
| Siemens Energy AG | 1.01% | 0.98% | 1.02% | 0.98% |
| Iberdrola SA | 0.99% | 1.16% | 0.96% | 0.96% |
| UBS Group AG | 0.89% | 1.06% | 1.05% | 0.89% |
| Rolls-Royce Holdings PLC | 0.88% | 1.10% | 1.05% | 0.88% |
| Novo Nordisk A/S | 0.87% | 1.05% | 1.02% | 0.87% |
| Banco Bilbao Vizcaya Argentaria SA | 0.81% | 0.96% | 0.92% | 0.81% |
| Unilever PLC | 0.81% | 0.87% | 0.86% | 0.81% |
| British American Tobacco PLC | 0.80% | 0.86% | 0.86% | 0.80% |
| UniCredit SpA | 0.75% | 0.93% | 0.82% | 0.75% |
| Safran SA | 0.72% | 0.93% | 0.85% | 0.72% |
| GSK PLC | 0.67% | 0.72% | 0.71% | 0.67% |
| Zurich Insurance Group AG | 0.67% | 0.76% | 0.74% | 0.67% |
| Rio Tinto PLC | 0.67% | 0.67% | 0.80% | 0.67% |
| BNP Paribas SA | 0.67% | 0.78% | 0.75% | 0.67% |
| BP PLC | 0.80% | 0.67% | 0.77% | 0.67% |
| Intesa Sanpaolo SpA | 0.67% | 0.72% | 0.66% | 0.66% |
| Cie Financiere Richemont SA | 0.65% | 0.84% | 0.81% | 0.65% |
| Deutsche Telekom AG | 0.71% | 0.64% | 0.80% | 0.64% |
| Enel SpA | 0.58% | 0.59% | 0.59% | 0.58% |
| Infineon Technologies AG | 0.56% | 0.83% | 0.86% | 0.56% |
| National Grid PLC | 0.57% | 0.56% | 0.56% | 0.56% |
| ING Groep NV | 0.54% | 0.62% | 0.63% | 0.54% |
| Barclays PLC | 0.53% | 0.63% | 0.59% | 0.53% |
| Lloyds Banking Group PLC | 0.52% | 0.59% | 0.56% | 0.52% |
| AXA SA | 0.50% | 0.56% | 0.50% | 0.50% |
| BAE Systems PLC | 0.54% | 0.49% | 0.55% | 0.49% |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | 0.50% | 0.49% | 0.48% | 0.48% |
| Glencore PLC | 0.53% | 0.47% | 0.50% | 0.47% |
| Vinci SA | 0.49% | 0.49% | 0.47% | 0.47% |
| Anheuser-Busch InBev SA/NV | 0.46% | 0.54% | 0.50% | 0.46% |
| Nokia Oyj | 0.43% | 0.45% | 0.51% | 0.43% |
| NatWest Group PLC | 0.41% | 0.48% | 0.45% | 0.41% |
| Nordea Bank Abp | 0.39% | 0.42% | 0.41% | 0.39% |
| Prosus NV | 0.38% | 0.36% | 0.41% | 0.36% |
| Deutsche Post AG | 0.35% | 0.38% | 0.38% | 0.35% |
| Rheinmetall AG | 0.46% | 0.35% | 0.49% | 0.35% |
| Deutsche Bank AG | 0.35% | 0.40% | 0.41% | 0.35% |
| London Stock Exchange Group PLC | 0.41% | 0.35% | 0.38% | 0.35% |
| Societe Generale SA | 0.35% | 0.41% | 0.37% | 0.35% |
| VOLVF | 0.35% | 0.37% | 0.38% | 0.35% |
| Anglo American PLC | 0.34% | 0.37% | 0.40% | 0.34% |
| Deutsche Boerse AG | 0.36% | 0.34% | 0.36% | 0.34% |
| E.ON SE | 0.32% | 0.31% | 0.33% | 0.31% |
| Atlas Copco AB | 0.31% | 0.35% | 0.34% | 0.31% |
| Danone SA | 0.32% | 0.35% | 0.31% | 0.31% |
| Argenx SE | 0.31% | 0.40% | 0.36% | 0.31% |
| Swiss Re AG | 0.30% | 0.32% | 0.31% | 0.30% |
| Eni SpA | 0.34% | 0.30% | 0.33% | 0.30% |
| Standard Chartered PLC | 0.30% | 0.33% | 0.33% | 0.30% |
| CaixaBank SA | 0.29% | 0.36% | 0.33% | 0.29% |
| ASM International NV | 0.29% | 0.37% | 0.34% | 0.29% |
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.