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

SPDW and VXUS share 67.1% of their weight across 1,335 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 VXUS

67.1%

1,335 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

VXUS

VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND

Reported positions cover 92% of the fund, 2,220 positions · Apr 30, 2026

Top 10: 12.4%·Holdings of VXUS

Reported positions cover SPDW 98%, VXUS 92% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

VXUS vs SPDW side by side

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

1,615

stock positions reported to the SEC

4.0% of its weight is in 280 names VXUS does not hold

VXUSVANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND

2,220

stock positions reported to the SEC

24.0% of its weight is in 885 names SPDW does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
7.8%
10.1%
Financial Services
9.6%
7.4%
Healthcare
3.9%
2.9%
Basic Materials
3.0%
2.8%
Energy
2.4%
2.1%

The widest gap is Technology: VXUS has 2.3 points more of it.

The figures side by side

SPDWVXUS
Filing dateJun 30, 2026Apr 30, 2026
Stock positions reported1,6152,220
Weight of the ten largest14.5%12.4%
Largest positionSAMSUNG ELECTRONICS CO LTD 3.1%TSM 3.9%
Held alone280 positions, 4.0%885 positions, 24.0%
Covered by stock positions98%92%

Holdings they share

StockIn SPDWIn VXUSCounted
SAMSUNG ELECTRONICS CO LTD3.13%1.65%1.65%
ASMLASML Holding NV2.28%1.30%1.30%
SKHYSK hynix Inc2.79%1.12%1.12%
HSBCHSBC Holdings PLC0.97%0.74%0.74%
MUFGMitsubishi Corp1.04%0.70%0.70%
ROCHE HOLDING AG0.89%0.70%0.70%
AZNAstraZeneca PLC0.87%0.66%0.66%
NVSNovartis AG0.86%0.66%0.66%
NESTLE SA0.80%0.61%0.61%
SHELShell PLC0.68%0.60%0.60%

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%
EXCHANGE INCOME CORP0.04%
ICON PLC0.04%
ROGERS COMMUNICATIONS INC0.04%

Only in VXUS

TSMTaiwan Semiconductor Co Ltd3.93%
TENCENT HOLDINGS LTD0.87%
BABAAlibaba Group Holding Ltd0.69%
DELTA ELECTRONICS INC0.31%
MEDIATEK INC0.28%
CHINA CONSTRUCTION BANK CORP0.23%
HDBHDFC Bank Ltd0.22%
HON HAI PRECISION INDUSTRY CO LTD0.20%
INDUSTRIAL & COMMERCIAL BANK OF CHINA LTD0.18%
PDDPDD Holdings Inc0.18%

Questions people ask

Is SPDW the same as VXUS?

67.1% of their weight sits in the same 1,335 holdings. SPDW also reports SPOT, ARM HOLDINGS PLC, SEA LTD, which the other does not. VXUS also reports TSM, TENCENT HOLDINGS LTD, BABA, which the other does not.

How is the overlap between SPDW and VXUS 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 92% of VXUS, so the number cannot exceed the smaller coverage.

Which holds more, VXUS or SPDW?

SPDW reports 1,615 stock positions and VXUS reports 2,220. 4.0% of SPDW's weight sits in names VXUS does not hold, and 24.0% of VXUS's weight in names SPDW does not hold. The ten largest positions are 14.5% of SPDW and 12.4% of VXUS.

How do SPDW and VXUS differ by sector?

The widest gap is Technology: VXUS has 2.3 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

VXUS 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.