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

FLTW and SPEM share 26.8% of their weight across 83 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.

FLTW and SPEM

26.8%

83 shared positions

FLTW

Franklin FTSE Taiwan ETF

Reported positions cover 100% of the fund, 132 positions · Jun 30, 2026

Top 10: 54.1%·Holdings of FLTW

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 FLTW 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 FLTW side by side

FLTWFranklin FTSE Taiwan ETF

132

stock positions reported to the SEC

20.5% of its weight is in 49 names SPEM does not hold

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

1,565

stock positions reported to the SEC

71.1% of its weight is in 1,482 names FLTW does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
26.4%
20.5%
Financial Services
0.9%
3.0%
Consumer Cyclical
0.7%
1.8%
Communication Services
0.9%
0.0%
Basic Materials
0.0%
0.6%
Industrials
0.3%
0.6%

The widest gap is Technology: FLTW has 5.9 points more of it.

The figures side by side

FLTWSPEM
Filing dateJun 30, 2026Jun 30, 2026
Stock positions reported1321,565
Weight of the ten largest54.1%26.3%
Largest positionTSM 19.8%TSM 14.7%
Held alone49 positions, 20.5%1,482 positions, 71.1%
Covered by stock positions100%98%

Holdings they share

StockIn FLTWIn SPEMCounted
TSMTAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD19.84%14.65%14.65%
MEDIATEK INC9.14%1.82%1.82%
DELTA ELECTRONICS INC5.51%1.13%1.13%
ASXASE TECHNOLOGY HOLDING CO LTD3.30%0.82%0.82%
UMCUNITED MICROELECTRONICS CORP2.81%0.67%0.67%
CTBC FINANCIAL HOLDING CO LTD1.84%0.56%0.56%
UNIMICRON TECHNOLOGY CORP2.07%0.50%0.50%
YAGEO CORP2.62%0.41%0.41%
NAN YA PLASTICS CORP1.20%0.37%0.37%
SINOPAC FINANCIAL HOLDINGS CO LTD0.75%0.29%0.29%

What each holds alone

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

Only in FLTW

HON HAI PRECISION INDUSTRY COMPANY LTD4.48%
ELITE MATERIAL COMPANY LTD2.48%
FUBON FINANCIAL HOLDING COMPANY LTD1.58%
CATHAY FINANCIAL HOLDING COMPANY LTD1.37%
ASIA VITAL COMPONENTS COMPANY LTD1.18%
YUANTA FINANCIAL HOLDING COMPANY LTD1.06%
MEGA FINANCIAL HOLDING COMPANY LTD0.80%
E.SUN FINANCIAL HOLDING COMPANY LTD0.77%
KING SLIDE WORKS COMPANY LTD0.59%
UNI PRESIDENT ENTERPRISES CORP0.54%

Only in SPEM

TENCENT HOLDINGS LTD2.74%
BABAAlibaba Group Holding Ltd1.79%
HON HAI PRECISION INDUSTRY CO LTD0.93%
HDBHDFC Bank Ltd0.83%
CHINA CONSTRUCTION BANK CORP0.81%
RSReliance Power Ltd0.81%
IBNICICI Bank Ltd0.71%
INDUSTRIAL & COMMERCIAL BANK OF CHINA LTD0.54%
BHARTI AIRTEL LTD0.53%
PDDPDD Holdings Inc0.46%

Questions people ask

Is FLTW the same as SPEM?

26.8% of their weight sits in the same 83 holdings. FLTW also reports HON HAI PRECISION INDUSTRY COMPANY LTD, ELITE MATERIAL COMPANY LTD, FUBON FINANCIAL HOLDING COMPANY LTD, which the other does not. SPEM also reports TENCENT HOLDINGS LTD, BABA, HON HAI PRECISION INDUSTRY CO LTD, which the other does not.

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

Which holds more, SPEM or FLTW?

FLTW reports 132 stock positions and SPEM reports 1,565. 20.5% of FLTW's weight sits in names SPEM does not hold, and 71.1% of SPEM's weight in names FLTW does not hold. The ten largest positions are 54.1% of FLTW and 26.3% of SPEM.

How do FLTW and SPEM differ by sector?

The widest gap is Technology: FLTW has 5.9 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.