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

SPDW and VGK share 47.0% of their weight across 627 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 VGK

47.0%

627 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

VGK

VANGUARD EUROPEAN STOCK INDEX FUND

Reported positions cover 99% of the fund, 964 positions · Apr 30, 2026

Top 10: 18.2%·Holdings of VGK

Reported positions cover SPDW 98%, VGK 99% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

VGK vs SPDW side by side

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

1,615

stock positions reported to the SEC

50.3% of its weight is in 988 names VGK does not hold

VGKVANGUARD EUROPEAN STOCK INDEX FUND

964

stock positions reported to the SEC

5.2% of its weight is in 337 names SPDW does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Financial Services
9.6%
6.4%
Technology
7.8%
5.9%
Healthcare
3.9%
7.1%
Energy
2.4%
3.8%
Basic Materials
3.0%
0.0%
Consumer Cyclical
0.0%
2.3%

The widest gap is Healthcare: VGK has 3.2 points more of it.

The figures side by side

SPDWVGK
Filing dateJun 30, 2026Apr 30, 2026
Stock positions reported1,615964
Weight of the ten largest14.5%18.2%
Largest positionSAMSUNG ELECTRONICS CO LTD 3.1%ASML 3.6%
Held alone988 positions, 50.3%337 positions, 5.2%
Covered by stock positions98%99%

Holdings they share

StockIn SPDWIn VGKCounted
ASMLASML Holding NV2.28%3.61%2.28%
HSBCHSBC Holdings PLC0.97%2.03%0.97%
ROCHE HOLDING AG0.89%1.92%0.89%
AZNAstraZeneca PLC0.87%1.83%0.87%
NVSNovartis AG0.86%1.83%0.86%
NESTLE SA0.80%1.68%0.80%
SIEMENS AG0.70%1.40%0.70%
SHELShell PLC0.68%1.66%0.68%
BANCO SANTANDER SA0.60%1.15%0.60%
SCHNEIDER ELECTRIC SE0.55%1.11%0.55%

What each holds alone

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

Only in SPDW

SAMSUNG ELECTRONICS CO LTD3.13%
SKHYSK hynix Inc2.79%
MUFGMitsubishi Corp1.04%
RYRoyal Bank of Canada0.86%
SMFGSumitomo Mitsui Trust Group Inc0.68%
TOKYO ELECTRON LTD0.67%
BHPBHP Group Ltd0.63%
TMToyota Motor Corp0.61%
TDToronto-Dominion Bank/The0.60%
COMMONWEALTH BANK OF AUSTRALIA0.57%

Only in VGK

SUNBSunbelt Rentals Holdings Inc0.20%
AMRZAmrize Ltd0.18%
ORLEN SA0.14%
POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI SA0.14%
BANK POLSKA KASA OPIEKI SA0.07%
KGHM POLSKA MIEDZ SA0.07%
WISE PLC0.07%
POWSZECHNY ZAKLAD UBEZPIECZEN SA0.06%
UNIPOL GRUPPO SPA0.06%
WEIR GROUP PLC0.06%

Questions people ask

Is SPDW the same as VGK?

47.0% of their weight sits in the same 627 holdings. SPDW also reports SAMSUNG ELECTRONICS CO LTD, SKHY, MUFG, which the other does not. VGK also reports SUNB, AMRZ, ORLEN SA, which the other does not.

How is the overlap between SPDW and VGK 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 99% of VGK, so the number cannot exceed the smaller coverage.

Which holds more, VGK or SPDW?

SPDW reports 1,615 stock positions and VGK reports 964. 50.3% of SPDW's weight sits in names VGK does not hold, and 5.2% of VGK's weight in names SPDW does not hold. The ten largest positions are 14.5% of SPDW and 18.2% of VGK.

How do SPDW and VGK differ by sector?

The widest gap is Healthcare: VGK 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.

Other pairs with these funds

SPDW 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.