EFA vs VEA Overlap Analysis

Comparing iShares MSCI EAFE ETF and Vanguard FTSE Developed Markets ETF

Holdings Overlap
99.37%
Very High Overlap
Shared Holdings
10 of 10
Complete portfolio analysis
Calculation Method
Min Weight
Weighted intersection

Visual Overlap

EFA
VEA
99.4%
EFA Only
Overlap
VEA Only

⚔️Head-to-Head Comparison

0 - 6

🏆 VEA wins this comparison

Key Factors

💰 Expense Ratio
EFA:0.32%
vs
VEA:0.05%
🎯 Number of Holdings
EFA:827 holdings
vs
VEA:3,929 holdings
📈 5-Year Return
EFA:+8.5%
vs
VEA:+8.8%
Additional Metrics (5)
⚖️ Concentration Risk
EFA: 0.2% in top 10
VEA: 0.2% in top 10
📊 Assets Under Management
EFA: $75B ✓
VEA: $120B ✓
Sharpe Ratio
EFA: 0.38
VEA: 0.42
📉 Volatility
EFA: 19.5%
VEA: 18.8%
🔍 Uniqueness vs SPY
EFA: 100.0% unique
VEA: 100.0% unique

Bottom line: VEA wins with better expense ratio and number of holdings. Consider VEA for your portfolio, but EFA is still a solid choice if you prefer its specific advantages.

Shared Holdings (10 of 10 analyzed)

EFA & VEA Intersection

SymbolNameEFAVEAMin
NESNNestle SA0.02%0.02%0.02%
ASMLASML Holding NV0.02%0.02%0.02%
NVONovo Nordisk A/S0.02%0.02%0.02%
TMToyota Motor Corp0.02%0.02%0.02%
SAPSAP SE0.02%0.02%0.02%
SHELShell PLC0.02%0.01%0.01%
AZNAstraZeneca PLC0.01%0.01%0.01%
HSBCHSBC Holdings PLC0.01%0.01%0.01%
TTETotalEnergies SE0.01%0.01%0.01%
SONYSony Group Corp0.01%0.01%0.01%

Min Weight: The minimum weight between the two ETFs for each shared holding. This represents the true overlap contribution.

Data sourced from official fund providers. Showing top holdings for educational analysis.

Price Correlation

How We Calculate Overlap

We use the minimum weight method with normalization to calculate portfolio overlap:

Overlap = Σ min(weightA, weightB) for each shared holding

Normalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).

Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.

📊 This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.

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