AVEM vs SPDW: Holdings Overlap
AVEMAvantis Emerging Markets Equity ETF
Avantis · 3893 holdings · $25.8B · as of 2026-05-31
SPDWState Street® SPDR® Portfolio Developed World ex-US ETF
State Street (SPDR) · 2342 holdings · $40.5B · as of 2026-08-04
Holdings snapshots are 65 days apart (AVEM: 2026-05-31, SPDW: 2026-08-04). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are AVEM and SPDW?
Avantis Emerging Markets Equity ETF (AVEM, by Avantis) holds 3893 positions; State Street® SPDR® Portfolio Developed World ex-US ETF (SPDW, by State Street (SPDR)) holds 2342. They have 223 holdings in common, and by portfolio weight the two funds are 6.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 223AVEM holds 3893 · SPDW holds 2342
- Weight in Shared Holdings
- AVEM 21%·SPDW 7%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in AVEM
3670 of 3893 positions (78.7% of the fund) are not held by SPDW. Showing the top 30 by weight.
Only in SPDW
2119 of 2342 positions (92.0% of the fund) are not held by AVEM. Showing the top 30 by weight.
Sector Breakdown
| Sector | AVEM | SPDW |
|---|---|---|
| Information Technology | 33.8% | 12.6% |
| Financials | 10.7% | 21.9% |
| Industrials | 2.0% | 13.2% |
| Health Care | 0.3% | 6.3% |
| Materials | 3.7% | 5.9% |
| Other Sectors | 12.9% | 21.5% |
| Unclassified | 36.5% | 17.3% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (37% of AVEM, 18% of SPDW).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| AVEM | -0.3% | +20.6% | +33.7% | +21.9% | +9.9% | — | 1.90% |
| SPDW | +3.1% | +17.9% | +30.1% | +19.9% | +10.1% | +10.3% | 2.94% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in AVEM vs SPDW →
Shared Holdings(223)
The top 10 shared positions account for 74% of the overlap, led by SMSNRUB, 000660 and 009150.
 SMSNRUBSamsung Electronics Co Ltd | 5.70% | 2.29% | 2.29% |
|---|---|---|---|
 000660SK Hynix Inc | 7.83% | 1.68% | 1.68% |
 009150Samsung Electro-Mechanics Co Ltd | 0.48% | 0.14% | 0.14% |
 005380Hyundai Motor Co | 0.70% | 0.11% | 0.11% |
 086790Hana Financial Group Inc | 0.33% | 0.07% | 0.07% |
 000270Kia Corp | 0.34% | 0.07% | 0.07% |
 012450Hanwha Aerospace Co Ltd | 0.27% | 0.07% | 0.07% |
 034020Doosan Enerbility Co Ltd | 0.17% | 0.07% | 0.07% |
 012330Hyundai Mobis Co Ltd | 0.10% | 0.06% | 0.06% |
 032830Samsung Life Insurance Co Ltd | 0.09% | 0.06% | 0.06% |
 PKXPOSCO Holdings Inc | 0.18% | 0.06% | 0.06% |
 006400Samsung SDI Co Ltd | 0.07% | 0.05% | 0.05% |
 298040Hyosung Heavy Industries Corp | 0.10% | 0.05% | 0.05% |
 035420NAVER Corp | 0.05% | 0.07% | 0.05% |
 316140Woori Financial Group Inc | 0.21% | 0.04% | 0.04% |
 028260Samsung C&T Corp | 0.04% | 0.06% | 0.04% |
 000810Samsung Fire & Marine Insurance Co Ltd | 0.17% | 0.04% | 0.04% |
 066570LG Electronics Inc | 0.38% | 0.04% | 0.04% |
 034730SK Inc | 0.07% | 0.04% | 0.04% |
 009540HD Korea Shipbuilding & Offshore Engineering Co Ltd | 0.14% | 0.04% | 0.04% |
 267260HD Hyundai Electric Co Ltd | 0.09% | 0.03% | 0.03% |
 010120LS Electric Co Ltd | 0.08% | 0.03% | 0.03% |
 010140Samsung Heavy Industries Co Ltd | 0.19% | 0.03% | 0.03% |
 068270Celltrion Inc | 0.03% | 0.07% | 0.03% |
 329180HD Hyundai Heavy Industries Co Ltd | 0.06% | 0.03% | 0.03% |
Frequently Asked Questions
How much do AVEM and SPDW overlap?
AVEM and SPDW overlap by 6.3% of portfolio weight. They share 223 holdings (AVEM holds 3893 positions and SPDW holds 2342), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVEM and SPDW?
The two portfolios are 6.3% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of AVEM and SPDW?
The largest positions held by both funds are SMSNRUB, 000660, 009150, 005380 and 086790. Together the top 10 shared positions account for 74% of the total overlap.
What does AVEM own that SPDW doesn't?
3670 positions (78.7% of AVEM) are unique to AVEM, led by TSM, TSMWF and 700. In the other direction, 2119 positions (92.0% of SPDW) are unique to SPDW.