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

ESGE and SPEM share 24.5% of their weight across 49 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.

ESGE and SPEM

24.5%

49 shared positions

ESGE

iShares ESG Aware MSCI EM ETF

Reported positions cover 97% of the fund, 257 positions · May 31, 2026

Top 10: 40.2%·Holdings of ESGE

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 ESGE 97%, 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 ESGE side by side

ESGEiShares ESG Aware MSCI EM ETF

257

stock positions reported to the SEC

67.2% of its weight is in 208 names SPEM does not hold

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

1,565

stock positions reported to the SEC

72.7% of its weight is in 1,516 names ESGE does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
25.3%
20.5%
Financial Services
3.6%
3.0%
Consumer Cyclical
1.6%
1.8%
Communication Services
1.4%
0.0%
Basic Materials
1.3%
0.6%
Industrials
0.0%
0.6%

The widest gap is Technology: ESGE has 4.8 points more of it.

The figures side by side

ESGESPEM
Filing dateMay 31, 2026Jun 30, 2026
Stock positions reported2571,565
Weight of the ten largest40.2%26.3%
Largest positionTSM 14.9%TSM 14.7%
Held alone208 positions, 67.2%1,516 positions, 72.7%
Covered by stock positions97%98%

Holdings they share

StockIn ESGEIn SPEMCounted
TSMTaiwan Semiconductor Manufacturing Company Limited14.90%14.65%14.65%
BABAAlibaba Group Holding Limited1.96%1.79%1.79%
HDBHDFC BANK LIMITED0.86%0.83%0.83%
UMCUnited Microelectronics Corporation0.80%0.67%0.67%
RSRELIANCE INDUSTRIES LIMITED0.66%0.81%0.66%
ASXASE Technology Holding Co., Ltd.0.56%0.82%0.56%
NTESNETEASE, INC.0.43%0.42%0.42%
IBNICICI BANK LIMITED0.40%0.71%0.40%
MEITUAN0.36%0.36%0.36%
INFYINFOSYS LIMITED0.51%0.33%0.33%

What each holds alone

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

Only in ESGE

SAMSUNG ELECTRONICS CO., LTD.9.77%
SKHYSK hynix Inc.4.62%
TENCENT HOLDINGS LIMITED2.64%
MEDIATEK INC.1.50%
DELTA ELECTRONICS, INC.1.43%
CHINA CONSTRUCTION BANK CORPORATION1.34%
SAMSUNG ELECTRO-MECHANICS CO.,LTD0.98%
LENOVO GROUP LIMITED0.90%
SK SQUARE CO., LTD.0.81%
AL RAJHI BANKING AND INVESTMENT CORPORATION SJSC0.80%

Only in SPEM

TENCENT HOLDINGS LTD2.74%
MEDIATEK INC1.82%
DELTA ELECTRONICS INC1.13%
HON HAI PRECISION INDUSTRY CO LTD0.93%
CHINA CONSTRUCTION BANK CORP0.81%
CTBC FINANCIAL HOLDING CO LTD0.56%
INDUSTRIAL & COMMERCIAL BANK OF CHINA LTD0.54%
BHARTI AIRTEL LTD0.53%
UNIMICRON TECHNOLOGY CORP0.50%
PDDPDD Holdings Inc0.46%

Questions people ask

Is ESGE the same as SPEM?

24.5% of their weight sits in the same 49 holdings. ESGE also reports SAMSUNG ELECTRONICS CO., LTD., SKHY, TENCENT HOLDINGS LIMITED, which the other does not. SPEM also reports TENCENT HOLDINGS LTD, MEDIATEK INC, DELTA ELECTRONICS INC, which the other does not.

How is the overlap between ESGE 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 97% of ESGE and 98% of SPEM, so the number cannot exceed the smaller coverage.

Which holds more, SPEM or ESGE?

ESGE reports 257 stock positions and SPEM reports 1,565. 67.2% of ESGE's weight sits in names SPEM does not hold, and 72.7% of SPEM's weight in names ESGE does not hold. The ten largest positions are 40.2% of ESGE and 26.3% of SPEM.

How do ESGE and SPEM differ by sector?

The widest gap is Technology: ESGE has 4.8 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.