ETF comparison
SPEM vs VWO
Both International Emerging.
State Street SPDR Portfolio Emerging Markets ETF · Vanguard FTSE Emerging Markets Index Fund ETF Shares
Holdings overlap
2,359 positions appear in both funds. Buying equal dollars of SPEM and VWO would leave roughly 69.6% of each dollar exposed to the same underlying securities.
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.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
VWO is 1 bps cheaper than SPEM. On a $100,000 position that's about $10/yr more in fees for SPEM.
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 SPEM vs VWO.
Top shared holdings
2,359 shared in total| # | Holding | In SPEM | In VWO | Overlap |
|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing Co Ltd | 14.65% | 15.56% | 14.65% |
| 2 | Tencent Holdings Ltd | 2.74% | 3.31% | 2.74% |
| 3 | Alibaba Group Holding Ltd | 1.79% | 2.41% | 1.79% |
| 4 | MediaTek Inc | 1.82% | 1.36% | 1.36% |
| 5 | Delta Electronics Inc | 1.13% | 0.82% | 0.82% |
| 6 | China Construction Bank Corp | 0.81% | 0.90% | 0.81% |
| 7 | Hon Hai Precision Industry Co Ltd | 0.93% | 0.81% | 0.81% |
| 8 | HDFC Bank Ltd | 0.83% | 0.78% | 0.78% |
| 9 | Bharti Airtel Ltd | 0.53% | 0.55% | 0.53% |
| 10 | Industrial & Commercial Bank of China Ltd | 0.50% | 0.66% | 0.50% |
| 11 | ASE Technology Holding Co Ltd | 0.82% | 0.49% | 0.49% |
| 12 | PDD Holdings Inc | 0.46% | 0.59% | 0.46% |
Only in SPEM
556 total- Reliance Industries Ltd 0.80%
- ICICI Bank Ltd 0.71%
- Vale SA 0.39%
- NU Holdings Ltd/Cayman Islands 0.37%
- Infosys Ltd 0.33%
- Larsen & Toubro Ltd 0.28%
- Credicorp Ltd 0.26%
- Powszechna Kasa Oszczednosci Bank Polski SA 0.25%
- Mahindra & Mahindra Ltd 0.24%
- Petroleo Brasileiro SA - Petrobras 0.22%
Only in VWO
2,621 total- Reliance Industries Ltd 0.80%
- Infosys Ltd 0.35%
- Itau Unibanco Holding SA 0.35%
- Anglogold Ashanti Plc 0.33%
- Petroleo Brasileiro SA 0.33%
- United Microelectronics Corp 0.31%
- Petroleo Brasileiro SA 0.31%
- Mahindra & Mahindra Ltd 0.29%
- Larsen & Toubro Ltd 0.24%
- Banco Bradesco SA 0.15%
Related comparisons
More comparisons with SPEM
- SPEM vs EEM · iShares MSCI Emerging Markets ETF 63.1%
- SPEM vs IEMG · iShares Core MSCI Emerging Markets ETF 61.3%
- SPEM vs DFAE · Dimensional Emerging Core Equity Market ETF 60.4%
- SPEM vs AAXJ · iShares MSCI All Country Asia ex Japan ETF 53.8%
- SPEM vs EMXC · iShares MSCI Emerging Markets ex China ETF 50.1%
- SPEM vs ESGE · iShares ESG Aware MSCI EM ETF 43.5%
More comparisons with VWO
- VWO vs EEM · iShares MSCI Emerging Markets ETF 68.7%
- VWO vs DFAE · Dimensional Emerging Core Equity Market ETF 67.0%
- VWO vs AAXJ · iShares MSCI All Country Asia ex Japan ETF 61.2%
- VWO vs EMXC · iShares MSCI Emerging Markets ex China ETF 56.6%
- VWO vs ESGE · iShares ESG Aware MSCI EM ETF 46.4%
- VWO vs PXH · Invesco RAFI Emerging Markets ETF 45.1%
Percentages are holdings overlap with the named fund.
Open SPEM or VWO 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.