ETF comparison

SPEM vs VWO

Both International Emerging.

State Street SPDR Portfolio Emerging Markets ETF · Vanguard Emerging Markets Stock Index Fund

Holdings overlap

Weighted by ISIN/CUSIP
68.1 %

2,375 positions appear in both funds. Buying equal dollars of SPEM and VWO would leave roughly 68.1% of each dollar exposed to the same underlying securities.

SPEM only 31.8% Shared 68.1% VWO only 27.0%
In SPEM only
570 positions
Shared
2,375 positions
In VWO only
2,615 positions

Side by side

SPEM

State Street SPDR Portfolio Emerging Markets ETF

State Street · International Emerging

89 composite / 100
Expense ratio
0.070%
Net assets
$17.31B
TTM yield
2.52%
Top-10 conc.
25.3%
VWO

Vanguard Emerging Markets Stock Index Fund

Vanguard · International Emerging

89 composite / 100
Expense ratio
0.060%
Net assets
$163.32B
TTM yield
2.33%
Top-10 conc.
29.5%

Sub-score comparison

93
Cost
94
75
Tax efficiency
76
100
Liquidity
100
78
Concentration
72
Tracking quality
SPEM sub-score VWO

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

2,375 shared in total
# Holding In SPEM In VWO Overlap
1 Taiwan Semiconductor Manufacturing Co Ltd 11.96% 14.61% 11.96%
2 Tencent Holdings Ltd 3.48% 3.26% 3.26%
3 Alibaba Group Holding Ltd 2.57% 2.55% 2.55%
4 Delta Electronics Inc 0.93% 1.17% 0.93%
5 China Construction Bank Corp 0.95% 0.85% 0.85%
6 MediaTek Inc 0.82% 1.06% 0.82%
7 HDFC Bank Ltd 0.84% 0.80% 0.80%
8 Hon Hai Precision Industry Co Ltd 0.77% 0.74% 0.74%
9 PDD Holdings Inc 0.70% 0.66% 0.66%
10 Industrial & Commercial Bank of China Ltd 0.60% 0.62% 0.60%
11 Xiaomi Corp 0.64% 0.56% 0.56%
12 Bharti Airtel Ltd 0.57% 0.51% 0.51%

Only in SPEM

570 total
  • Reliance Industries Ltd 0.99%
  • ICICI Bank Ltd 0.71%
  • Vale SA 0.50%
  • Infosys Ltd 0.48%
  • NU Holdings Ltd/Cayman Islands 0.44%
  • Mahindra & Mahindra Ltd 0.36%
  • Petroleo Brasileiro SA - Petrobras 0.32%
  • Larsen & Toubro Ltd 0.31%
  • Credicorp Ltd 0.25%
  • Powszechna Kasa Oszczednosci Bank Polski SA 0.24%

Only in VWO

2,615 total
  • Reliance Industries Ltd 0.90%
  • Anglogold Ashanti Plc 0.40%
  • Petroleo Brasileiro SA 0.38%
  • Infosys Ltd 0.38%
  • Petroleo Brasileiro SA 0.36%
  • Itau Unibanco Holding SA 0.35%
  • Mahindra & Mahindra Ltd 0.26%
  • Larsen & Toubro Ltd 0.25%
  • United Microelectronics Corp 0.21%
  • Banco Bradesco SA 0.16%

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.