EWT vs SPEM overlap - what they share and where they differ
EWT and SPEM share 28.4% of their weight across 72 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.
EWT and SPEM
28.4%
72 shared positions
EWT
iShares MSCI Taiwan ETF
Reported positions cover 99% of the fund, 77 positions · Aug 31, 2026
Top 10: 47.0%·Holdings of EWT
SPEM
State Street(R) SPDR(R) Portfolio Emerging Markets ETF
Reported positions cover 100% of the fund, 2,718 positions · Jun 30, 2026
Top 10: 26.7%·Holdings of SPEM
Reported positions cover EWT 99%, SPEM 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
SPEM vs EWT side by side
EWTiShares MSCI Taiwan ETF
77
stock positions reported to the SEC
3.6% of its weight is in 5 names SPEM does not hold
SPEMState Street(R) SPDR(R) Portfolio Emerging Markets ETF
2,718
stock positions reported to the SEC
71.3% of its weight is in 2,646 names EWT does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: EWT has 3.2 points more of it.
The figures side by side
| EWT | SPEM | |
|---|---|---|
| Filing date | Aug 31, 2026 | Jun 30, 2026 |
| Stock positions reported | 77 | 2,718 |
| Weight of the ten largest | 47.0% | 26.7% |
| Largest position | TSM 20.3% | TSM 14.7% |
| Held alone | 5 positions, 3.6% | 2,646 positions, 71.3% |
| Covered by stock positions | 99% | 100% |
Holdings they share
| Stock | In EWT | In SPEM | Counted |
|---|---|---|---|
| TSMTaiwan Semiconductor Manufacturing Company Limited | 20.31% | 14.65% | 14.65% |
| MEDIATEK INC. | 6.05% | 1.82% | 1.82% |
| DELTA ELECTRONICS, INC. | 3.97% | 1.13% | 1.13% |
| HON HAI PRECISION INDUSTRY CO., LTD. | 3.35% | 0.93% | 0.93% |
| ASXASE Technology Holding Co., Ltd. | 2.62% | 0.82% | 0.82% |
| UMCUnited Microelectronics Corporation | 1.94% | 0.67% | 0.67% |
| CTBC FINANCIAL HOLDING CO., LTD. | 1.47% | 0.56% | 0.56% |
| UNIMICRON TECHNOLOGY CORP. | 2.20% | 0.50% | 0.50% |
| FUBON FINANCIAL HOLDING CO., LTD. | 1.67% | 0.41% | 0.41% |
| YAGEO CORPORATION | 1.51% | 0.41% | 0.41% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in EWT
Only in SPEM
Questions people ask
Is EWT the same as SPEM?
28.4% of their weight sits in the same 72 holdings. EWT also reports ASUSTEK COMPUTER INCORPORATION, E. SUN FINANCIAL HOLDING COMPANY, LTD., HONPRECISION INC, which the other does not. SPEM also reports TENCENT HOLDINGS LIMITED, BABA, SUGP, which the other does not.
How is the overlap between EWT 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 99% of EWT and 100% of SPEM, so the number cannot exceed the smaller coverage.
Which holds more, SPEM or EWT?
EWT reports 77 stock positions and SPEM reports 2,718. 3.6% of EWT's weight sits in names SPEM does not hold, and 71.3% of SPEM's weight in names EWT does not hold. The ten largest positions are 47.0% of EWT and 26.7% of SPEM.
How do EWT and SPEM differ by sector?
The widest gap is Technology: EWT has 3.2 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.
Add a third fund in the tool·All fund pairs
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.