À partir de quel recouvrement deux ETF font-ils doublon ?

Au-delà de 70 %, la diversification apportée par le second fonds est négligeable ; au-delà de 90 %, ce sont les mêmes portefeuilles.

Un ETF monde et un ETF S&P 500 se recouvrent-ils ?

Oui, à hauteur de 60 à 70 % : les actions américaines pèsent environ deux tiers d'un ETF monde.

Comment est calculé le recouvrement ?

Pour chaque ligne détenue par les deux fonds, on prend le plus petit des deux poids, puis on additionne. Les positions sont celles publiées par les émetteurs, limitées aux 500 plus grosses lignes de chaque fonds.

Overlapping ETFs: pairs of ETFs that hold the same shares

Recovery = sum, on common lines, of the smallest of the two weights. 100 % : same titles at same weights ; 0 % : nothing in common. Two ETFs following the same index from two issuers overlap by more than 90 % : no need to hold both, take the cheaper one. The pairs below are the closest among the 1 444 tracked ETFs (funds with the same ISIN already grouped).

#	ETF A	ETF B	Recovery	Common holdings	A / B Fees
1	iShares 20+ Year Treasury Bond ETFTLT · IShares	iShares 20+ Year Treasury Bond BuyWrite Strategy ETFTLTW · IShares	100,0 %	48	0,15 % / 0,35 %	compare
2	Amundi US Treasury Bond 7-10Y UCITS ETF EUR Hedged Acc7USH.DE · Amundi	Invesco US Treasury Bond 7-10 Year UCITS ETFTRDE.DE · Invesco	100,0 %	13	0,10 % / 0,10 %	compare
3	Invesco QQQ Trust, Series 1QQQ · Invesco	Invesco NASDAQ 100 ETFQQQM · Invesco	100,0 %	103	0,18 % / 0,15 %	compare
4	BetaShares NASDAQ 100 ETFNDQ.AX · BetaShares	Invesco NASDAQ-100 Swap UCITS ETFEQQS.L · Invesco	100,0 %	101	0,48 % / 0,20 %	compare
5	Xtrackers DAX UCITS ETF 1CDBXD.DE · Xtrackers	Deka DAX UCITS ETFEL4A.DE · DEKA	100,0 %	40	0,09 % / 0,15 %	compare
6	Nippon India ETF Nifty 50 BeESNIFTYBEES.NS · Nippon	ICICI Prudential Nifty 50 ETFNIFTYIETF.NS · ICICI Prudential IETF	99,9 %	50	0,05 % / 0,02 %	compare
7	Invesco NASDAQ-100 Swap UCITS ETFEQQS.L · Invesco	iShares VII PLC - iShares NASDAQ 100 UCITS ETFNQSE.DE · IShares	99,9 %	101	0,20 % / 0,33 %	compare
8	Invesco NASDAQ-100 Swap UCITS ETFEQQS.L · Invesco	BMO NASDAQ 100 Equity Index ETFZNQ.TO · BMO	99,9 %	101	0,20 % / 0,39 %	compare
9	BetaShares NASDAQ 100 ETFNDQ.AX · BetaShares	Xtrackers NASDAQ 100 UCITS ETF 1CXNAQ.L · Xtrackers	99,9 %	101	0,48 % / 0,20 %	compare
10	BetaShares NASDAQ 100 ETFNDQ.AX · BetaShares	iShares VII PLC - iShares NASDAQ 100 UCITS ETFNQSE.DE · IShares	99,9 %	101	0,48 % / 0,33 %	compare
11	Invesco NASDAQ-100 Swap UCITS ETFEQQS.L · Invesco	Xtrackers NASDAQ 100 UCITS ETF 1CXNAQ.L · Xtrackers	99,9 %	101	0,20 % / 0,20 %	compare
12	CSOP Hang Seng TECH Index ETF3033.HK · CSOP	iShares Hang Seng TECH ETF3067.HK · IShares	99,9 %	30	1,04 % / 0,25 %	compare
13	iShares NASDAQ 100 UCITS ETF USD (Acc)SXRV.DE · IShares	iShares NASDAQ-100 UCITS ETF (DE)EXXT.DE · IShares	99,9 %	104	0,30 % / 0,30 %	compare
14	BetaShares NASDAQ 100 ETFNDQ.AX · BetaShares	BMO NASDAQ 100 Equity Index ETFZNQ.TO · BMO	99,9 %	101	0,48 % / 0,39 %	compare
15	iShares VII PLC - iShares NASDAQ 100 UCITS ETFNQSE.DE · IShares	BMO NASDAQ 100 Equity Index ETFZNQ.TO · BMO	99,9 %	101	0,33 % / 0,39 %	compare
16	Xtrackers NASDAQ 100 UCITS ETF 1CXNAQ.L · Xtrackers	iShares VII PLC - iShares NASDAQ 100 UCITS ETFNQSE.DE · IShares	99,9 %	101	0,20 % / 0,33 %	compare
17	Invesco NASDAQ 100 ETFQQQM · Invesco	BetaShares NASDAQ 100 ETFNDQ.AX · BetaShares	99,9 %	101	0,15 % / 0,48 %	compare
18	Invesco NASDAQ 100 ETFQQQM · Invesco	Invesco NASDAQ-100 Swap UCITS ETFEQQS.L · Invesco	99,9 %	101	0,15 % / 0,20 %	compare
19	Invesco EQQQ Nasdaq-100 UCITS ETF AccEQAC.SW · Invesco	Invesco NASDAQ-100 Swap UCITS ETFEQQS.L · Invesco	99,9 %	101	0,30 % / 0,20 %	compare
20	Invesco QQQ Trust, Series 1QQQ · Invesco	BetaShares NASDAQ 100 ETFNDQ.AX · BetaShares	99,8 %	101	0,18 % / 0,48 %	compare
21	Invesco NASDAQ 100 ETFQQQM · Invesco	Xtrackers NASDAQ 100 UCITS ETF 1CXNAQ.L · Xtrackers	99,8 %	101	0,15 % / 0,20 %	compare
22	Invesco EQQQ Nasdaq-100 UCITS ETF AccEQAC.SW · Invesco	BetaShares NASDAQ 100 ETFNDQ.AX · BetaShares	99,8 %	101	0,30 % / 0,48 %	compare
23	Xtrackers NASDAQ 100 UCITS ETF 1CXNAQ.L · Xtrackers	BMO NASDAQ 100 Equity Index ETFZNQ.TO · BMO	99,8 %	101	0,20 % / 0,39 %	compare
24	Invesco QQQ Trust, Series 1QQQ · Invesco	Invesco NASDAQ-100 Swap UCITS ETFEQQS.L · Invesco	99,8 %	101	0,18 % / 0,20 %	compare
25	Invesco QQQ Trust, Series 1QQQ · Invesco	Xtrackers NASDAQ 100 UCITS ETF 1CXNAQ.L · Xtrackers	99,8 %	101	0,18 % / 0,20 %	compare
26	Invesco EQQQ Nasdaq-100 UCITS ETF AccEQAC.SW · Invesco	iShares VII PLC - iShares NASDAQ 100 UCITS ETFNQSE.DE · IShares	99,8 %	101	0,30 % / 0,33 %	compare
27	First Trust Rising Dividend Achievers ETFRDVY · First Trust	FT Vest Rising Dividend Achievers Target Income ETFRDVI · First Trust	99,8 %	73	0,47 % / 0,75 %	compare
28	State Street SPDR S&P 500 ETFSPY · SPDR	iShares Core S&P 500 UCITS ETF USD (Dist)IUSA.DE · IShares	99,8 %	499	0,09 % / 0,07 %	compare
29	Invesco NASDAQ 100 ETFQQQM · Invesco	iShares VII PLC - iShares NASDAQ 100 UCITS ETFNQSE.DE · IShares	99,8 %	101	0,15 % / 0,33 %	compare
30	Invesco EQQQ Nasdaq-100 UCITS ETF AccEQAC.SW · Invesco	Xtrackers NASDAQ 100 UCITS ETF 1CXNAQ.L · Xtrackers	99,8 %	101	0,30 % / 0,20 %	compare
31	iShares S&P 500 ETFIVV.AX · IShares	iShares Core S&P 500 Index ETFXUS.TO · IShares	99,8 %	493	0,04 % / 0,09 %	compare
32	Invesco QQQ Trust, Series 1QQQ · Invesco	iShares VII PLC - iShares NASDAQ 100 UCITS ETFNQSE.DE · IShares	99,8 %	101	0,18 % / 0,33 %	compare
33	Invesco NASDAQ 100 ETFQQQM · Invesco	Invesco EQQQ Nasdaq-100 UCITS ETF AccEQAC.SW · Invesco	99,8 %	101	0,15 % / 0,30 %	compare
34	State Street SPDR S&P 500 ETFSPY · SPDR	SPDR Portfolio S&P 500 ETFSPLG · SPDR	99,8 %	499	0,09 % / 0,02 %	compare
35	Invesco QQQ Trust, Series 1QQQ · Invesco	Invesco EQQQ Nasdaq-100 UCITS ETF AccEQAC.SW · Invesco	99,8 %	101	0,18 % / 0,30 %	compare
36	Invesco EQQQ Nasdaq-100 UCITS ETF AccEQAC.SW · Invesco	BMO NASDAQ 100 Equity Index ETFZNQ.TO · BMO	99,8 %	101	0,30 % / 0,39 %	compare
37	SPDR Portfolio S&P 500 ETFSPLG · SPDR	iShares Core S&P 500 UCITS ETF USD (Dist)IUSA.DE · IShares	99,8 %	499	0,02 % / 0,07 %	compare
38	Invesco NASDAQ 100 ETFQQQM · Invesco	BMO NASDAQ 100 Equity Index ETFZNQ.TO · BMO	99,8 %	101	0,15 % / 0,39 %	compare
39	iShares Core EURO STOXX 50 UCITS ETF (DE)EXW1.DE · IShares	iShares VII PLC - iShares Core EURO STOXX 50 ETF EUR AccSXRT.DE · IShares	99,8 %	52	0,09 % / 0,10 %	compare
40	Invesco QQQ Trust, Series 1QQQ · Invesco	BMO NASDAQ 100 Equity Index ETFZNQ.TO · BMO	99,8 %	101	0,18 % / 0,39 %	compare
41	iShares Core S&P 500 UCITS ETF USD (Dist)IUSA.DE · IShares	iShares S&P 500 EUR Hedged UCITS ETF (Acc)IBCF.DE · IShares	99,8 %	497	0,07 % / 0,20 %	compare
42	State Street SPDR S&P 500 EUR Hdg UCITS ETF (Acc)SPPE.DE · SPDR	iShares S&P 500 EUR Hedged UCITS ETF (Acc)IBCF.DE · IShares	99,8 %	495	0,05 % / 0,20 %	compare
43	iShares MSCI USA Quality Factor ETFQUAL · IShares	iShares Edge MSCI USA Quality Factor UCITS ETFQDVB.DE · IShares	99,8 %	119	0,15 % / 0,20 %	compare
44	Vanguard S&P 500 ETFVOO · Vanguard	Vanguard S&P 500 Index ETFVFV.TO · Vanguard	99,7 %	498	0,03 % / 0,08 %	compare
45	iShares Global Clean Energy Transition UCITS ETFIQQH.DE · IShares	iShares Global Clean Energy ETFICLN · IShares	99,7 %	119	0,65 % / 0,38 %	compare
46	iShares Core FTSE 100 UCITS ETFIUSZ.DE · IShares	iShares Core FTSE 100 UCITS ETF GBP (Acc)SXRW.DE · IShares	99,7 %	102	0,07 % / 0,07 %	compare
47	State Street Financial Select Sector SPDR ETFXLF · SPDR	iShares S&P 500 Financials Sector UCITS ETFQDVH.DE · IShares	99,7 %	76	0,08 % / 0,15 %	compare
48	Vanguard S&P 500 ETFVOO · Vanguard	Vanguard S&P 500 UCITS ETF (USD) DistributingVUSA.DE · Vanguard	99,7 %	499	0,03 % / 0,07 %	compare
49	State Street SPDR S&P 500 ETFSPY · SPDR	iShares S&P 500 EUR Hedged UCITS ETF (Acc)IBCF.DE · IShares	99,7 %	496	0,09 % / 0,20 %	compare
50	State Street SPDR S&P 500 ETFSPY · SPDR	State Street SPDR S&P 500 EUR Hdg UCITS ETF (Acc)SPPE.DE · SPDR	99,7 %	498	0,09 % / 0,05 %	compare
51	iShares MSCI USA Value Factor ETFVLUE · IShares	iShares Edge MSCI USA Value Factor UCITS ETFQDVI.DE · IShares	99,7 %	146	0,15 % / 0,20 %	compare
52	State Street SPDR S&P 500 EUR Hdg UCITS ETF (Acc)SPPE.DE · SPDR	iShares Core S&P 500 UCITS ETF USD (Dist)IUSA.DE · IShares	99,7 %	498	0,05 % / 0,07 %	compare
53	Vanguard S&P 500 UCITS ETF (USD) DistributingVUSA.DE · Vanguard	Vanguard S&P 500 Index ETFVFV.TO · Vanguard	99,7 %	499	0,07 % / 0,08 %	compare
54	State Street SPDR S&P 500 ETFSPY · SPDR	Xtrackers S&P 500 UCITS ETF 1D EUR HedgedXDPD.DE · Xtrackers	99,7 %	498	0,09 % / 0,05 %	compare
55	iShares MSCI Japan ETFEWJ · IShares	iShares MSCI Japan UCITS ETF USD (Dist)IQQJ.DE · IShares	99,7 %	168	0,49 % / 0,12 %	compare
56	iShares MSCI Canada ETFEWC · IShares	iShares MSCI Canada UCITS ETFSXR2.DE · IShares	99,7 %	81	0,50 % / 0,48 %	compare
57	SPDR Portfolio S&P 500 ETFSPLG · SPDR	iShares S&P 500 EUR Hedged UCITS ETF (Acc)IBCF.DE · IShares	99,7 %	496	0,02 % / 0,20 %	compare
58	SPDR Portfolio S&P 500 ETFSPLG · SPDR	State Street SPDR S&P 500 EUR Hdg UCITS ETF (Acc)SPPE.DE · SPDR	99,6 %	498	0,02 % / 0,05 %	compare
59	iShares MSCI Eurozone ETFEZU · IShares	iShares Core MSCI EMU UCITS ETFSXR7.DE · IShares	99,6 %	215	0,50 % / 0,12 %	compare
60	SPDR Portfolio S&P 500 ETFSPLG · SPDR	Xtrackers S&P 500 UCITS ETF 1D EUR HedgedXDPD.DE · Xtrackers	99,6 %	497	0,02 % / 0,05 %	compare
61	iShares Core S&P 500 UCITS ETF USD (Dist)IUSA.DE · IShares	Xtrackers S&P 500 UCITS ETF 1D EUR HedgedXDPD.DE · Xtrackers	99,6 %	497	0,07 % / 0,05 %	compare
62	Xtrackers MSCI Japan UCITS ETF 1CDBXJ.DE · Xtrackers	State Street SPDR MSCI Japan EUR Hdg UCITS ETFZPDW.DE · SPDR	99,6 %	167	0,12 % / 0,17 %	compare
63	iShares MSCI India ETFINDA · IShares	iShares MSCI India UCITS ETFQDV5.DE · IShares	99,5 %	166	0,61 % / 0,65 %	compare
64	Xtrackers MSCI USA Climate Action Equity ETFUSCA · Xtrackers	iShares Climate Conscious & Transition MSCI USA ETFUSCL · IShares	99,5 %	391	0,07 % / 0,08 %	compare
65	Amundi Core DAX UCITS ETF DistC001.DE · Amundi	Amundi DAX II UCITS ETF AccLYY7.DE · Amundi	99,5 %	41	0,08 % / 0,15 %	compare
66	State Street SPDR S&P 500 EUR Hdg UCITS ETF (Acc)SPPE.DE · SPDR	Xtrackers S&P 500 UCITS ETF 1D EUR HedgedXDPD.DE · Xtrackers	99,5 %	497	0,05 % / 0,05 %	compare
67	BMO S&P 500 Index ETFZSP.TO · BMO	iShares S&P 500 EUR Hedged UCITS ETF (Acc)IBCF.DE · IShares	99,5 %	494	0,09 % / 0,20 %	compare
68	iShares S&P 500 EUR Hedged UCITS ETF (Acc)IBCF.DE · IShares	Xtrackers S&P 500 UCITS ETF 1D EUR HedgedXDPD.DE · Xtrackers	99,5 %	495	0,20 % / 0,05 %	compare
69	iShares Core EURO STOXX 50 UCITS ETF EUR (Dist)EUN2.DE · IShares	Deka EURO STOXX 50 UCITS ETFEL4B.DE · DEKA	99,5 %	50	0,10 % / 0,15 %	compare
70	Xtrackers DAX UCITS ETF 1CDBXD.DE · Xtrackers	Amundi DAX II UCITS ETF AccLYY7.DE · Amundi	99,5 %	40	0,09 % / 0,15 %	compare
71	Deka DAX UCITS ETFEL4A.DE · DEKA	Amundi DAX II UCITS ETF AccLYY7.DE · Amundi	99,5 %	40	0,15 % / 0,15 %	compare
72	Xtrackers S&P 500 Equal Weight UCITS ETF 1CXDEW.DE · Xtrackers	Invesco S&P 500 Equal Weight Index ETF IncSPED.L · Invesco	99,5 %	499	0,15 % / 0,20 %	compare
73	Invesco S&P 500 Equal Weight ETFRSP · Invesco	Invesco S&P 500 Equal Weight Index ETF IncSPED.L · Invesco	99,4 %	498	0,20 % / 0,20 %	compare
74	Vanguard FTSE 100 UCITS ETF GBP AccumulationVUKG.L · Vanguard	Vanguard FTSE 100 UCITS ETF (GBP) DistributingVUKE.DE · Vanguard	99,4 %	102	0,09 % / 0,09 %	compare
75	iShares € Inflation Linked Govt Bond UCITS ETF EUR (Acc)IBCI.DE · IShares	Amundi Euro Government Inflation-Linked Bond UCITS ETF AccLYQ7.DE · Amundi	99,4 %	39	0,09 % / 0,09 %	compare
76	Xtrackers MSCI USA UCITS ETF 1CXD9U.DE · Xtrackers	Invesco MSCI USA ETFPBUS · Invesco	99,3 %	497	0,03 % / 0,04 %	compare
77	VanEck Gold Miners ETFGDX · VanEck	VanEck Gold Miners UCITS ETFG2X.DE · VanEck	99,3 %	58	0,51 % / 0,53 %	compare
78	Invesco S&P 500 Equal Weight ETFRSP · Invesco	Xtrackers S&P 500 Equal Weight UCITS ETF 1CXDEW.DE · Xtrackers	99,3 %	498	0,20 % / 0,15 %	compare
79	Global X - Nasdaq 100 Covered Call ETFQYLD · Global X	Pacer Trendpilot 100 ETFPTNQ · Pacer	99,3 %	101	0,60 % / 0,65 %	compare
80	iShares € Govt Bond 1-3yr UCITS ETF EUR (Acc)CBE3.L · IShares	iShares EUR Govt Bond 1-3 UCITS ETF EUR (Dist)IBCA.DE · IShares	99,3 %	17	0,10 % / 0,10 %	compare
81	iShares Core S&P 500 ETFIVV · IShares	iShares Core S&P 500 UCITS ETFSXR8.DE · IShares	99,3 %	499	0,03 % / 0,07 %	compare
82	State Street SPDR S&P 500 EUR Hdg UCITS ETF (Acc)SPPE.DE · SPDR	BMO S&P 500 Index ETFZSP.TO · BMO	99,3 %	496	0,05 % / 0,09 %	compare
83	iShares SMI ETF (CH)CSSMI.SW · IShares	UBS ETF (CH) – SMISMICHA.SW · UBS	99,3 %	20	0,35 % / 0,20 %	compare
84	State Street SPDR S&P 500 ETFSPY · SPDR	BMO S&P 500 Index ETFZSP.TO · BMO	99,2 %	495	0,09 % / 0,09 %	compare
85	iShares Core S&P 500 UCITS ETF USD (Dist)IUSA.DE · IShares	BMO S&P 500 Index ETFZSP.TO · BMO	99,2 %	495	0,07 % / 0,09 %	compare
86	Vanguard Dividend Appreciation ETFVIG · Vanguard	Vanguard U.S. Dividend Appreciation Index ETFVGG.TO · Vanguard	99,2 %	333	0,04 % / 0,29 %	compare
87	SPDR Portfolio S&P 500 ETFSPLG · SPDR	BMO S&P 500 Index ETFZSP.TO · BMO	99,2 %	495	0,02 % / 0,09 %	compare
88	iShares Edge MSCI World Quality Factor UCITS ETFIS3Q.DE · IShares	Xtrackers MSCI World Quality UCITS ETF 1CXDEQ.DE · Xtrackers	99,2 %	288	0,25 % / 0,25 %	compare
89	Xtrackers DAX UCITS ETF 1CDBXD.DE · Xtrackers	Amundi Core DAX UCITS ETF DistC001.DE · Amundi	99,2 %	40	0,09 % / 0,08 %	compare
90	Amundi Core MSCI Emerging Markets Swap UCITS ETF AccLEMA.L · Amundi	Amundi Core MSCI Emerging Markets Swap UCITS ETF DistE127.L · Amundi	99,2 %	338	0,14 % / 0,14 %	compare
91	Deka DAX UCITS ETFEL4A.DE · DEKA	Amundi Core DAX UCITS ETF DistC001.DE · Amundi	99,2 %	40	0,15 % / 0,08 %	compare
92	iShares Core S&P 500 UCITS ETFSXR8.DE · IShares	iShares S&P 500 EUR Hedged UCITS ETF (Acc)IBCF.DE · IShares	99,1 %	497	0,07 % / 0,20 %	compare
93	iShares S&P 500 Information Technology Sector UCITS ETFQDVE.DE · IShares	State Street SPDR S&P U.S. Technology Select Sector UCITS ETF (Acc)ZPDT.DE · SPDR	99,1 %	75	0,15 % / 0,15 %	compare
94	State Street SPDR Dow Jones Industrial Average ETF TrustDIA · SPDR	iShares Dow Jones Industrial Average UCITS ETFSXRU.DE · IShares	99,1 %	30	0,16 % / 0,33 %	compare
95	BMO S&P 500 Index ETFZSP.TO · BMO	Xtrackers S&P 500 UCITS ETF 1D EUR HedgedXDPD.DE · Xtrackers	99,0 %	494	0,09 % / 0,05 %	compare
96	Xtrackers MSCI China UCITS ETF 1CXCS6.DE · Xtrackers	Xtrackers MSCI China UCITS ETF 1DXCS7.L · Xtrackers	99,0 %	500	0,65 % / 0,28 %	compare
97	State Street SPDR S&P MIDCAP 400 ETF TrustMDY · SPDR	State Street SPDR Portfolio S&P 400 Mid Cap ETFSPMD · SPDR	99,0 %	400	0,23 % / 0,03 %	compare
98	Franklin FTSE India ETFFLIN · Franklin Templeton	Franklin FTSE India UCITS ETFFLXI.DE · Franklin Templeton	99,0 %	274	0,19 % / 0,19 %	compare
99	iShares MSCI Pacific ex Japan ETFEPP · IShares	Xtrackers MSCI Pacific ex Japan Screened UCITS ETF 1CDXS6.DE · Xtrackers	99,0 %	88	0,47 % / 0,25 %	compare
100	iShares Core DAX UCITS ETF (DE)EXS1D.XD · IShares	Amundi DAX II UCITS ETF AccLYY7.DE · Amundi	99,0 %	40	0,16 % / 0,15 %	compare

Information provided for educational purposes from the positions published by the issuers and closing prices. Past performance is not indicative of future performance; fees and assets under management are those declared by the source and may contain errors. Investing involves a risk of capital loss.

Hedged ETFs

To understand well