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ETF comparison

EWJ vs SPDW

Both International Developed.

iShares MSCI Japan ETF · State Street SPDR Portfolio Developed World ex-US ETF

Holdings overlap

Weighted by ISIN/CUSIP
17.3 %

178 positions appear in both funds. Buying equal dollars of EWJ and SPDW would leave roughly 17.3% of each dollar exposed to the same underlying securities.

EWJ unmatched 81.7% Shared 17.3% SPDW unmatched 81.3%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In EWJ only
0 positions
Shared
178 positions
In SPDW only
2,250 positions

Side by side

EWJ

iShares MSCI Japan ETF

iShares · International Developed

72 composite / 100
Expense ratio
0.49%
Net assets
$23.53B
TTM yield
3.79%
Top-10 conc.
28.2%
SPDW

State Street SPDR Portfolio Developed World ex-US ETF

State Street · International Developed

93 composite / 100
Expense ratio
0.030%
Net assets
$41.14B
TTM yield
3.09%
Top-10 conc.
14.0%

Sub-score comparison

51
Cost
97
75
Tax efficiency
77
100
Liquidity
100
74
Concentration
94
—
Tracking quality
—
EWJ sub-score SPDW

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SPDW is 46 bps cheaper than EWJ. On a $100,000 position that's about $460/yr more in fees for EWJ.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with EWJ vs SPDW.

Top shared holdings

178 shared in total
# Holding In EWJ In SPDW Overlap
1 Mitsubishi UFJ Financial Group, Inc. 4.05% 0.72% 0.72%
2 Tokyo Electron Limited 2.87% 0.67% 0.67%
3 TOYOTA MOTOR CORPORATION 3.43% 0.61% 0.61%
4 ADVANTEST CORPORATION 2.39% 0.46% 0.46%
5 Sumitomo Mitsui Financial Group, Inc. 2.56% 0.45% 0.45%
6 SoftBank Group Corp. 3.34% 0.44% 0.44%
7 Murata Manufacturing Co., Ltd. 2.01% 0.42% 0.42%
8 Sony Group Corporation 2.54% 0.38% 0.38%
9 Hitachi, Ltd. 2.84% 0.38% 0.38%
10 Mizuho Financial Group, Inc. 2.14% 0.35% 0.35%
11 Mitsubishi Corporation 1.95% 0.32% 0.32%
12 FAST RETAILING CO., LTD. 1.89% 0.32% 0.32%

Only in EWJ

0 total

Every EWJ position is also held by SPDW.

Only in SPDW

2,250 total
  • Samsung Electronics Co Ltd 2.96%
  • SK hynix Inc 2.79%
  • ASML Holding NV 2.28%
  • HSBC Holdings PLC 0.97%
  • AstraZeneca PLC 0.87%
  • Roche Holding AG 0.86%
  • Royal Bank of Canada 0.86%
  • Novartis AG 0.86%
  • Nestle SA 0.80%
  • Siemens AG 0.70%

Percentages are holdings overlap with the named fund.

Open EWJ or SPDW at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.