SPDW vs VEA overlap - what they share and where they differ

SPDW and VEA share 90.1% of their weight across 1,422 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.

SPDW and VEA

90.1%

1,422 shared positions

SPDW

State Street(R) SPDR(R) Portfolio Developed World ex-US ETF

Reported positions cover 98% of the fund, 1,615 positions · Jun 30, 2026

Top 10: 14.5%·Holdings of SPDW

VEA

VANGUARD DEVELOPED MARKETS INDEX FUND

Reported positions cover 96% of the fund, 1,689 positions · Jun 30, 2026

Top 10: 14.9%·Holdings of VEA

Reported positions cover SPDW 98%, VEA 96% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

VEA vs SPDW side by side

SPDWState Street(R) SPDR(R) Portfolio Developed World ex-US ETF

1,615

stock positions reported to the SEC

3.1% of its weight is in 193 names VEA does not hold

VEAVANGUARD DEVELOPED MARKETS INDEX FUND

1,689

stock positions reported to the SEC

3.3% of its weight is in 267 names SPDW does not hold

Where each fund's weight sits

SPDW
VEA
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Financial Services
9.6%
9.4%
Technology
7.8%
8.1%
Healthcare
3.9%
3.8%
Basic Materials
3.0%
3.2%
Energy
2.4%
2.3%

No sector differs by more than a point between the two.

The figures side by side

SPDWVEA
Filing dateJun 30, 2026Jun 30, 2026
Stock positions reported1,6151,689
Weight of the ten largest14.5%14.9%
Largest positionSAMSUNG ELECTRONICS CO LTD 3.1%SAMSUNG ELECTRONICS CO LTD 3.2%
Held alone193 positions, 3.1%267 positions, 3.3%
Covered by stock positions98%96%

Holdings they share

StockIn SPDWIn VEACounted
SAMSUNG ELECTRONICS CO LTD3.13%3.16%3.13%
SKHYSK hynix Inc2.79%3.02%2.79%
ASMLASML Holding NV2.28%2.36%2.28%
HSBCHSBC Holdings PLC0.97%1.00%0.97%
MUFGMitsubishi Corp1.04%0.93%0.93%
ROCHE HOLDING AG0.89%0.93%0.89%
AZNAstraZeneca PLC0.87%0.87%0.87%
NVSNovartis AG0.86%0.90%0.86%
RYRoyal Bank of Canada0.86%0.90%0.86%
NESTLE SA0.80%0.82%0.80%

What each holds alone

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

Only in SPDW

SPOTSpotify Technology SA0.21%
ARM HOLDINGS PLC0.15%
SEA LTD0.10%
AERAerCap Holdings NV0.08%
CHKPCheck Point Software Technologies Ltd0.05%
IREN LTD0.05%
ASNDAscendis Pharma A/S0.04%
ICON PLC0.04%
ROGERS COMMUNICATIONS INC0.04%
ABERDEEN GROUP PLC0.03%

Only in VEA

SUNBSunbelt Rentals Holdings Inc0.09%
AMRZAmrize Ltd0.08%
LENOVO GROUP LTD0.07%
POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI SA0.07%
RBARB Global Inc0.07%
ORLEN SA0.06%
KGHM POLSKA MIEDZ SA0.04%
ALLEGRO.EU SA0.03%
BANK POLSKA KASA OPIEKI SA0.03%
POWSZECHNY ZAKLAD UBEZPIECZEN SA0.03%

Questions people ask

Is SPDW the same as VEA?

90.1% of their weight sits in the same 1,422 holdings. SPDW also reports SPOT, ARM HOLDINGS PLC, SEA LTD, which the other does not. VEA also reports SUNB, AMRZ, LENOVO GROUP LTD, which the other does not.

How is the overlap between SPDW and VEA 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 SPDW and 96% of VEA, so the number cannot exceed the smaller coverage.

Which holds more, VEA or SPDW?

SPDW reports 1,615 stock positions and VEA reports 1,689. 3.1% of SPDW's weight sits in names VEA does not hold, and 3.3% of VEA's weight in names SPDW does not hold. The ten largest positions are 14.5% of SPDW and 14.9% of VEA.

How do SPDW and VEA differ by sector?

No sector differs by more than a point between the two. 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.

Other pairs with these funds

SPDW against other funds in the table

VEA against other funds in the table

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.