SCHE vs SPEM overlap - what they share and where they differ
SCHE and SPEM share 75.9% of their weight across 1,360 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.
SCHE and SPEM
75.9%
1,360 shared positions
SCHE
Schwab Emerging Markets Equity ETF
Reported positions cover 98% of the fund, 2,004 positions · May 31, 2026
Top 10: 30.4%·Holdings of SCHE
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 SCHE 98%, 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 SCHE side by side
SCHESchwab Emerging Markets Equity ETF
2,004
stock positions reported to the SEC
6.5% of its weight is in 644 names SPEM does not hold
SPEMState Street(R) SPDR(R) Portfolio Emerging Markets ETF
2,718
stock positions reported to the SEC
13.0% of its weight is in 1,358 names SCHE does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: SCHE has 2.5 points more of it.
The figures side by side
| SCHE | SPEM | |
|---|---|---|
| Filing date | May 31, 2026 | Jun 30, 2026 |
| Stock positions reported | 2,004 | 2,718 |
| Weight of the ten largest | 30.4% | 26.7% |
| Largest position | TSM 17.1% | TSM 14.7% |
| Held alone | 644 positions, 6.5% | 1,358 positions, 13.0% |
| Covered by stock positions | 98% | 100% |
Holdings they share
| Stock | In SCHE | In SPEM | Counted |
|---|---|---|---|
| TSMTaiwan Semiconductor Manufacturing Co Ltd | 17.06% | 14.65% | 14.65% |
| TENCENT HOLDINGS LIMITEDTencent Holdings Ltd | 3.15% | 2.74% | 2.74% |
| MEDIATEK INC.MediaTek Inc | 1.88% | 1.82% | 1.82% |
| BABAAlibaba Group Holding Ltd | 2.57% | 1.79% | 1.79% |
| DELTA ELECTRONICS, INC.Delta Electronics Inc | 1.40% | 1.13% | 1.13% |
| HON HAI PRECISION INDUSTRY CO., LTD.Hon Hai Precision Industry Co Ltd | 1.04% | 0.93% | 0.93% |
| HDBHDFC Bank Ltd | 0.83% | 0.84% | 0.83% |
| CHINA CONSTRUCTION BANK CORPORATIONChina Construction Bank Corp | 0.90% | 0.81% | 0.81% |
| RSReliance Industries Ltd | 0.88% | 0.81% | 0.81% |
| IBNICICI Bank Ltd | 0.65% | 0.71% | 0.65% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in SCHE
Only in SPEM
Questions people ask
Is SCHE the same as SPEM?
75.9% of their weight sits in the same 1,360 holdings. SCHE also reports AU, TAISHIN FINANCIAL HOLDING CO LTD, HUA HONG SEMICONDUCTOR LTD, which the other does not. SPEM also reports BAP, POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI SA, TS FINANCIAL HOLDING CO., LTD., which the other does not.
How is the overlap between SCHE 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 98% of SCHE and 100% of SPEM, so the number cannot exceed the smaller coverage.
Which holds more, SPEM or SCHE?
SCHE reports 2,004 stock positions and SPEM reports 2,718. 6.5% of SCHE's weight sits in names SPEM does not hold, and 13.0% of SPEM's weight in names SCHE does not hold. The ten largest positions are 30.4% of SCHE and 26.7% of SPEM.
How do SCHE and SPEM differ by sector?
The widest gap is Technology: SCHE has 2.5 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.
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.