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ETF comparison

EWG vs PXF

Both International Developed.

iShares MSCI Germany ETF · Invesco RAFI Developed Markets ex-U.S. ETF

Holdings overlap

Weighted by ISIN/CUSIP
7.3 %

42 positions appear in both funds. Buying equal dollars of EWG and PXF would leave roughly 7.3% of each dollar exposed to the same underlying securities.

EWG unmatched 92.5% Shared 7.3% PXF unmatched 92.5%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In EWG only
10 positions
Shared
42 positions
In PXF only
977 positions

Side by side

EWG

iShares MSCI Germany ETF

iShares · International Developed

56 composite / 100
Expense ratio
0.49%
Net assets
$1.57B
TTM yield
1.94%
Top-10 conc.
63.0%
PXF

Invesco RAFI Developed Markets ex-U.S. ETF

Invesco · International Developed

71 composite / 100
Expense ratio
0.43%
Net assets
$3.00B
TTM yield
3.28%
Top-10 conc.
14.6%

Sub-score comparison

51
Cost
57
79
Tax efficiency
76
65
Liquidity
77
24
Concentration
93
—
Tracking quality
—
EWG sub-score PXF

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

PXF is 6 bps cheaper than EWG. On a $100,000 position that's about $60/yr more in fees for EWG.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with EWG vs PXF.

Top shared holdings

42 shared in total
# Holding In EWG In PXF Overlap
1 Bayer Aktiengesellschaft 2.77% 0.62% 0.62%
2 Mercedes-Benz Group AG 1.96% 0.61% 0.61%
3 Siemens Aktiengesellschaft 12.19% 0.60% 0.60%
4 Allianz SE 9.82% 0.52% 0.52%
5 BASF SE 2.71% 0.51% 0.51%
6 Deutsche Telekom AG 5.59% 0.48% 0.48%
7 VOLKSWAGEN AKTIENGESELLSCHAFT 0.92% 0.41% 0.41%
8 Deutsche Post AG 2.96% 0.37% 0.37%
9 SAP SE 11.38% 0.33% 0.33%
10 Bayerische Motoren Werke Aktiengesellschaft 1.15% 0.31% 0.31%
11 Deutsche Bank Aktiengesellschaft 3.60% 0.23% 0.23%
12 Muenchener Rueckversicherungs-Gesellschaft Aktiengesellschaft in Muenchen 3.89% 0.22% 0.22%

Only in EWG

10 total
  • Fresenius SE & Co. KGaA 1.10%
  • Henkel AG & Co. KGaA 0.37%
  • Sartorius Aktiengesellschaft 0.36%
  • HOCHTIEF Aktiengesellschaft 0.35%
  • Delivery Hero SE 0.35%
  • Scout24 SE 0.31%
  • Hensoldt AG 0.30%
  • Nemetschek SE 0.23%
  • CTS Eventim AG & Co. KGaA 0.19%
  • RATIONAL Aktiengesellschaft 0.18%

Only in PXF

977 total
  • Samsung Electronics Co., Ltd. 4.14%
  • Shell PLC 2.10%
  • TotalEnergies SE 1.47%
  • HSBC Holdings PLC 1.37%
  • Roche Holding AG 1.08%
  • BHP Group Ltd. 0.98%
  • Toyota Motor Corp. 0.94%
  • BP PLC 0.92%
  • Glencore PLC 0.83%
  • Novartis AG 0.74%

Percentages are holdings overlap with the named fund.

Open EWG or PXF at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.