ASHR vs SPEM overlap - what they share and where they differ

ASHR and SPEM share 5.6% of their weight across 132 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

ASHR and SPEM

5.6%

132 shared positions

ASHR

Xtrackers Harvest CSI 300 China A-Shares ETF

Reported positions cover 100% of the fund, 281 positions · May 29, 2026

Top 10: 25.0%·Holdings of ASHR

SPEM

State Street(R) SPDR(R) Portfolio Emerging Markets ETF

Reported positions cover 98% of the fund, 1,565 positions · Jun 30, 2026

Top 10: 26.3%·Holdings of SPEM

Reported positions cover ASHR 100%, SPEM 98% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

SPEM vs ASHR side by side

ASHRXtrackers Harvest CSI 300 China A-Shares ETF

281

stock positions reported to the SEC

40.9% of its weight is in 149 names SPEM does not hold

SPEMState Street(R) SPDR(R) Portfolio Emerging Markets ETF

1,565

stock positions reported to the SEC

91.9% of its weight is in 1,433 names ASHR does not hold

Where each fund's weight sits

ASHR
SPEM
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
0.0%
20.5%
Financial Services
0.7%
3.0%
Consumer Cyclical
0.0%
1.8%
Communication Services
1.1%
0.0%
Basic Materials
0.0%
0.6%
Industrials
0.4%
0.6%

The widest gap is Technology: SPEM has 20.5 points more of it.

The figures side by side

ASHRSPEM
Filing dateMay 29, 2026Jun 30, 2026
Stock positions reported2811,565
Weight of the ten largest25.0%26.3%
Largest positionZHONGJI INNOLIGHT CO LTD 4.9%TSM 14.7%
Held alone149 positions, 40.9%1,433 positions, 91.9%
Covered by stock positions100%98%

Holdings they share

StockIn ASHRIn SPEMCounted
CHINA CONSTRUCTION BANK CORP0.34%0.81%0.34%
BANK OF CHINA LTD0.32%0.44%0.32%
CONTEMPORARY AMPEREX TECHNOLOGY CO LTD4.19%0.29%0.29%
ZIJIN MINING GROUP CO LTD1.89%0.28%0.28%
AGRICULTURAL BANK OF CHINA LTD0.68%0.24%0.24%
WEICHAI POWER CO LTD0.74%0.15%0.15%
FOXFOXCONN INDUSTRIAL INTERNET CO LTD1.10%0.13%0.13%
EVEXEVERBRIGHT SECURITIES CO LTD0.43%0.12%0.12%
CMOC GROUP LTD0.60%0.11%0.11%
NODKNINGBO ZHOUSHAN PORT CO LTD0.72%0.11%0.11%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in ASHR

KWEICHOW MOUTAI COMPANY LTD3.11%
PING AN INSURANCE (GROUP) COMPANY OF CHINA LTD2.15%
CHINA MERCHANTS BANK COMPANY LTD1.76%
GIGA DEVICE SEMICONDUCTOR INC1.20%
INDUSTRIAL BANK COMPANY LTD1.17%
SUZHOU DONGSHAN PRECISION MANUFACTURING COMPANY LTD1.05%
BYD COMPANY LTD0.99%
CITIC SECURITIES COMPANY LTD0.97%
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD (THE)0.88%
VICTORY GIANT TECHNOLOGY (HUIZHOU) CO LTD0.85%

Only in SPEM

TSMTaiwan Semiconductor Co Ltd14.65%
TENCENT HOLDINGS LTD2.74%
MEDIATEK INC1.82%
BABAAlibaba Group Holding Ltd1.79%
DELTA ELECTRONICS INC1.13%
HON HAI PRECISION INDUSTRY CO LTD0.93%
HDBHDFC Bank Ltd0.83%
ASXASE Technology Holding Co Ltd0.82%
RSReliance Power Ltd0.81%
IBNICICI Bank Ltd0.71%

Questions people ask

Is ASHR the same as SPEM?

5.6% of their weight sits in the same 132 holdings. ASHR also reports KWEICHOW MOUTAI COMPANY LTD, PING AN INSURANCE (GROUP) COMPANY OF CHINA LTD, CHINA MERCHANTS BANK COMPANY LTD, which the other does not. SPEM also reports TSM, TENCENT HOLDINGS LTD, MEDIATEK INC, which the other does not.

How is the overlap between ASHR and SPEM measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of ASHR and 98% of SPEM, so the number cannot exceed the smaller coverage.

Which holds more, SPEM or ASHR?

ASHR reports 281 stock positions and SPEM reports 1,565. 40.9% of ASHR's weight sits in names SPEM does not hold, and 91.9% of SPEM's weight in names ASHR does not hold. The ten largest positions are 25.0% of ASHR and 26.3% of SPEM.

How do ASHR and SPEM differ by sector?

The widest gap is Technology: SPEM has 20.5 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

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Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.