DEM vs SPEM: Holdings Overlap
DEMWisdomTree Emerging Markets High Dividend Fund
WisdomTree · 533 holdings · $3.9B · as of 2026-03-31
SPEMState Street® SPDR® Portfolio Emerging Markets ETF
State Street (SPDR) · 2776 holdings · $17.4B · as of 2026-08-06
Holdings snapshots are 128 days apart (DEM: 2026-03-31, SPEM: 2026-08-06). 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 DEM and SPEM?
WisdomTree Emerging Markets High Dividend Fund (DEM, by WisdomTree) holds 533 positions; State Street® SPDR® Portfolio Emerging Markets ETF (SPEM, by State Street (SPDR)) holds 2776. They have 209 holdings in common, and by portfolio weight the two funds are 14.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 14.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 209DEM holds 533 · SPEM holds 2776
- Weight in Shared Holdings
- DEM 67%·SPEM 15%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 DEM
324 of 533 positions (32.3% of the fund) are not held by SPEM. Showing the top 30 by weight.
Only in SPEM
2567 of 2776 positions (93.5% of the fund) are not held by DEM. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DEM | +2.5% | +19.2% | +24.0% | +17.6% | +10.5% | +9.2% | 4.10% |
| SPEM | +2.8% | +13.1% | +22.8% | +17.3% | +7.2% | +8.6% | 2.48% |
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 DEM vs SPEM →
Shared Holdings(209)
The top 10 shared positions account for 37% of the overlap, led by 2454, C6T and ICK.
 2454MediaTek Inc. TWD10 | 2.52% | 1.64% | 1.64% |
|---|---|---|---|
 C6TChina Construction Bank Corp. 'H'CNY1 | 4.51% | 0.88% | 0.88% |
 ICKIndustrial & Commercial Bank of China Ltd. 'H'CNY1 | 2.82% | 0.55% | 0.55% |
 2891CTBC Financial Holding Co Ltd. TWD10 | 0.88% | 0.50% | 0.50% |
 2318RUBPing An Insurance (Group) Company of China Ltd. 'H' CNY1 | 1.67% | 0.40% | 0.40% |
 FUISFFubon Financial Holding Co Ltd. TWD10 | 0.53% | 0.39% | 0.39% |
 2882Cathay Financial Holding Co Ltd. TWD10 | 0.51% | 0.31% | 0.31% |
 ARAMCSARSaudi Arabian Oil Company NPV | 2.15% | 0.28% | 0.28% |
 SNBSARSaudi National Bank (the) SAR10 | 0.90% | 0.26% | 0.26% |
 PKOPowszechna Kasa Oszczednosci Bank Polski SA PLN1.00 | 1.31% | 0.26% | 0.26% |
 FSRFirstrand Ltd ZAR0.01 | 0.80% | 0.26% | 0.26% |
 GFNORTEOGrupo Financiero Banorte S.A.B. de C.V. COM NPV SERIES O | 1.99% | 0.25% | 0.25% |
 TCSTata Consultancy Services Ltd. INR1 | 0.92% | 0.24% | 0.24% |
 2382Quanta Computer Inc. TWD10 | 1.29% | 0.22% | 0.22% |
 SBKStandard Bank Group Ltd. ZAR0.1 | 0.70% | 0.22% | 0.22% |
 2887TS Financial Holding Co Ltd. TWD10 | 0.22% | 0.23% | 0.22% |
 PKNOrlen SA PLN1.25 | 1.92% | 0.21% | 0.21% |
 FEMSAUBDFomento Economico Mexicano S A B de C V UNITS (REP 1 SER 'B' SHS & 4 SER'D') | 1.36% | 0.21% | 0.21% |
 IKFChina Shenhua Energy Co Ltd. 'H'CNY1 | 1.07% | 0.20% | 0.20% |
 EK7Agricultural Bank of China Ltd. 'H'CNY1 | 0.49% | 0.20% | 0.20% |
 M4BChina Merchants Bank Co Ltd. 'H'CNY1 | 0.43% | 0.19% | 0.19% |
 PZUPowszechny Zaklad Ubezpieczen SA PLN0.10 | 0.49% | 0.19% | 0.19% |
 PBKPublic Bank Berhad NPV | 0.22% | 0.19% | 0.19% |
 ABGAbsa Group Ltd ZAR2 | 0.18% | 0.19% | 0.18% |
 STCSARSaudi Telecom Company SAR10 | 0.86% | 0.17% | 0.17% |
Frequently Asked Questions
How much do DEM and SPEM overlap?
DEM and SPEM overlap by 14.7% of portfolio weight. They share 209 holdings (DEM holds 533 positions and SPEM holds 2776), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DEM and SPEM?
The two portfolios are 14.7% 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 DEM and SPEM?
The largest positions held by both funds are 2454, C6T, ICK, 2891 and 2318RUB. Together the top 10 shared positions account for 37% of the total overlap.
What does DEM own that SPEM doesn't?
324 positions (32.3% of DEM) are unique to DEM, led by 2303, ABEV3 and AXIA3. In the other direction, 2567 positions (93.5% of SPEM) are unique to SPEM.