EUNL vs SML2: fund overlap

ETF comparisons  /  EUNL vs SML2

equity comparison · EUNL 2026-10-09 · SML2 2026-08-28

EUNL vs SML2

iShares III Plc - iShares Core MSCI World UCITS ETF compared with Invesco S&P 500 UCITS ETF ETFS

The funds share a substantial core but differ outside it.EUNL has 779 companies outside the overlap; SML2 has 77.

Do EUNL and SML2 overlap?

EUNL and SML2 overlap by 70.0% by weight, across 423 shared companies.

EUNLequity

iShares III Plc - iShares Core MSCI World UCITS ETF

1,285holdings
0.20%annual fee
Europemarket
Valuation1,133 companies covered
24.8×P / E95% by weight
3.80×P / B85% by weight
4.0%Earnings yield
EUNL holdings and fund profile
SML2equity

Invesco S&P 500 UCITS ETF ETFS

503holdings
0.05%annual fee
Europemarket
Valuation493 companies covered
26.3×P / E98% by weight
5.15×P / B85% by weight
3.8%Earnings yield
SML2 holdings and fund profile

Price development

Both lines rebased to 0% over their shared dates

Largest shared positions

423 companies held in both funds

EUNL weight SML2 weight
Shared companyEUNL SML2
NVIDIA CORP NVDA
5.73%
7.71%
Apple Inc AAPL
5.37%
6.93%
Microsoft Corp MSFT
4.10%
5.66%
ALPHABET INC GOOGL 2 share classes
4.01%
5.37%
↳ ALPHABET INC-CL A GOOGL2.25%3.03%
↳ ALPHABET INC-CL C GOOG1.77%2.34%
AMAZON.COM INC AMZN
2.77%
3.81%
BROADCOM INC AVGO
1.78%
2.54%
META PLATFORMS INC-CLASS A META
1.72%
1.85%
Micron Technology Inc MU
1.27%
1.56%
TESLA INC TSLA
1.19%
1.46%
ADVANCED MICRO DEVICES AMD
1.08%
1.07%
ELI LILLY & CO LLY
1.03%
1.37%
JPMorgan Chase & Co JPM
0.97%
1.37%
BERKSHIRE HATHAWAY INC. BRK/B
0.79%
1.37%
ExxonMobil Holdings Corporation 2670549D
0.76%
0.98%
Visa Inc V
0.70%
0.98%
JOHNSON & JOHNSON JNJ
0.68%
0.98%
AbbVie Inc ABBV
0.53%
0.68%
WALMART INC. WMT
0.53%
0.68%
Mastercard Inc MA
0.52%
0.68%
CISCO SYSTEMS, INC. CSCO
0.51%
0.68%
Intel Corp INTC
0.50%
0.68%
PALANTIR TECHNOLOGIES INC-A PLTR
0.49%
0.59%
Costco Wholesale Corp COST
0.46%
0.59%
Applied Materials Inc AMAT
0.44%
0.59%
LAM RESEARCH LRCX
0.43%
0.59%

EUNL and SML2 questions

Based on the holdings compared above

How much do EUNL and SML2 overlap?

EUNL and SML2 overlap by 70.0% by weight, across 423 shared companies.

Which companies do EUNL and SML2 both hold?

The largest companies held in both funds are NVIDIA CORP, Apple Inc, Microsoft Corp, ALPHABET INC, AMAZON.COM INC.

Can I hold both EUNL and SML2?

Holding both means 70.0% of that part of your portfolio is the same companies counted twice. That can suit you or not depending on your goals; this tool reports the overlap rather than giving advice.

Is EUNL or SML2 cheaper?

EUNL has a 0.20% expense ratio and SML2 has 0.05%.

How do EUNL and SML2 compare on valuation?

EUNL has a weighted P/E of 24.8 and SML2 has a weighted P/E of 26.3.

Compare your own portfolio

See the companies and duplicated exposure across every fund you hold.

Open the analyzer