IEFA vs VT Overlap

IEFA is an equity ETF from IShares, while VT is an equity ETF from Vanguard. IEFA and VT show meaningful overlap, with an estimated weighted overlap of 20.46%. They share 1980 holdings in the loaded dataset, led by ASML.AS, HSBA.L, and NOVN.SW.

20.5% overlap
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1980Shared Holdings
OK
Moderate Overlap

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Quick Answer

IEFA is an equity ETF from IShares, while VT is an equity ETF from Vanguard. IEFA and VT show meaningful overlap, with an estimated weighted overlap of 20.46%. They share 1980 holdings in the loaded dataset, led by ASML.AS, HSBA.L, and NOVN.SW.

  • 20.46% weighted overlap across 1980 shared holdings.
  • The top three shared holdings explain 5.19% of the measured overlap.
  • VT is the broader fund, while IEFA is more targeted.
  • The overlap is mostly explained by the top shared positions rather than sector labels alone.
  • Holding both may add less diversification than the fund names imply.

Data Freshness

IEFA holdings
Mar 12, 2026
VT holdings
Mar 12, 2026
Overlap computed
Mar 15, 2026
Data source
Financial Modeling Prep

Review the methodology for the overlap formula and refresh policy.

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About These ETFs

ETF A

IEFA

iShares Core MSCI EAFE ETF

Issuer
IShares
Asset class
Equity
Expense ratio
0.07%
AUM
$173B
Inception
Oct 18, 2012

ETF B

VT

Vanguard Total World Stock ETF

Issuer
Vanguard
Asset class
Global Equity
Expense ratio
0.06%
AUM
$81B
Inception
Jun 24, 2008

What Stands Out In This Comparison

01

What This Means

IEFA is an equity ETF from IShares, while VT is an equity ETF from Vanguard. IEFA and VT overlap enough to matter, but they still bring different exposures to a portfolio. The overlap is concentrated in holdings such as ASML.AS, HSBA.L, and NOVN.SW, which explains why the score lands at 20.46%.

02

How They Differ

IEFA is an equity ETF from IShares, while VT is an equity ETF from Vanguard. VT is the broader fund, while IEFA is the more targeted sleeve. VT has the lower expense ratio, while IEFA charges more for its exposure.

03

What Drives The Overlap

The overlap is driven by a relatively small set of large shared positions. The top three shared holdings account for 5.19% of the score, which means the result is heavily influenced by the biggest common weights rather than a long tail of tiny positions.

04

When One May Fit Better

If you want the broader portfolio building block, VT is usually the wider choice. If you want the more focused tilt, IEFA is the narrower expression. VT has the lower expense ratio, while IEFA charges more for its exposure.

Overlap Driver Snapshot

Concentration

The top three shared holdings explain 5.19% of the full overlap score.

That helps show whether the score comes from a handful of giant shared positions or from a broader mix of common holdings.

Shared Sector Tilt

Sector tags are not consistently available for the biggest shared positions in this dataset, so this comparison leans more on the specific holdings than on sector labels.

Top Shared Holdings

These are the holdings contributing the most to the overlap score between IEFA and VT.

HoldingIEFA Wt.VT Wt.Overlap
ASML.AS2.19%0.52%0.52%
HSBA.L1.19%0.28%0.28%
NOVN.SW1.21%0.26%0.26%
ROG.SW1.23%0.26%0.26%
AZN.L1.24%0.26%0.26%
7203.T0.84%0.22%0.22%
NESN.SW1.07%0.22%0.22%
SIE.DE0.83%0.20%0.20%
SHEL.L0.98%0.20%0.20%
SAP.DE0.83%0.19%0.19%

Why These ETFs Overlap

IEFA is an equity ETF from IShares, while VT is an equity ETF from Vanguard. The overlap exists because both funds allocate meaningful weight to the same holdings. In this dataset, the biggest shared drivers are ASML.AS, HSBA.L, and NOVN.SW, which appear in both portfolios and push the overlap score higher.

Holding both IEFA and VT can still be reasonable, but you should expect some duplication. The decision comes down to whether the non-overlapping parts of each ETF are important enough for your strategy.

Related Comparisons

Frequently Asked Questions About IEFA and VT

What is the overlap between IEFA and VT?+
IEFA and VT currently show an estimated weighted overlap of 20.46% based on the loaded holdings data.
How many holdings do IEFA and VT share?+
They share 1980 holdings in the current dataset.
Is the IEFA and VT overlap high?+
The current verdict is Moderate Overlap. That means the two ETFs have noticeable duplication in portfolio weight.
Why do IEFA and VT overlap?+
IEFA and VT overlap because the same large positions appear in both funds. In this comparison, the top three shared holdings explain 5.19% of the measured overlap score.
Which ETF is broader, IEFA or VT?+
VT is the broader fund, while IEFA is the more targeted sleeve. That does not automatically make one better, but it helps explain why the pair can overlap while still serving different roles.

How Overlap Is Calculated

A straightforward approach used by portfolio analysts.

Overlap = sum(min(Weight_A, Weight_B)) for each shared holding

For every stock that appears in both ETFs, we take the smaller of the two weights. Adding up all those minimums gives the total overlap percentage. A score of 100% means the two ETFs hold the exact same stocks in the same proportions.

Want the full explanation? Read the methodology page.

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