DEM vs VSS: Holdings Overlap
DEMWisdomTree Emerging Markets High Dividend Fund
WisdomTree · 533 holdings · $3.9B · as of 2026-03-31
VSSVanguard FTSE All-world Ex-us Small-cap Index Fund
Vanguard · 4810 holdings · $11.7B · as of 2026-04-30
Holdings snapshots are 30 days apart (DEM: 2026-03-31, VSS: 2026-04-30). 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 VSS?
WisdomTree Emerging Markets High Dividend Fund (DEM, by WisdomTree) holds 533 positions; Vanguard FTSE All-world Ex-us Small-cap Index Fund (VSS, by Vanguard) holds 4810. They have 167 holdings in common, and by portfolio weight the two funds are 2.7% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 167DEM holds 533 · VSS holds 4810
- Weight in Shared Holdings
- DEM 15%·VSS 3%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
366 of 533 positions (84.8% of the fund) are not held by VSS. 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% |
| VSS | +3.4% | +11.3% | +19.8% | +15.6% | +6.0% | +8.0% | 3.14% |
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 VSS →
Shared Holdings(167)
The top 10 shared positions account for 23% of the overlap, led by 6139, OPL and RDF.
 6139L&K Engineering Co., Ltd TWD10 | 0.21% | 0.09% | 0.09% |
|---|---|---|---|
 OPLOrange Polska S.A PLN3.00 | 0.30% | 0.07% | 0.07% |
 RDFRedefine Properties Ltd. NPV (POST CONVERSION) | 0.25% | 0.07% | 0.07% |
 6285WNC Corp /Taiwan | 0.19% | 0.07% | 0.07% |
 BDXBudimex SA PLN5.00 | 0.17% | 0.06% | 0.06% |
 TDCTime Dotcom Bhd NPV | 0.19% | 0.06% | 0.06% |
 3023Sinbon Electronics Co., Ltd. TWD10 | 0.15% | 0.05% | 0.05% |
 FIBRAMQHSBC Mexico S.A. CBFI (FIBRA MACQUARIE MEXICO) 144A/REG S | 0.20% | 0.05% | 0.05% |
 AVIAVI Ltd ZAR0.05 | 0.23% | 0.05% | 0.05% |
 2542Highwealth Construction Corp TWD10 | 0.14% | 0.05% | 0.05% |
 017800Hyundai Elevator KRW5000 | 0.15% | 0.04% | 0.04% |
 ANTMAntam Persero Tbk IDR100 | 0.18% | 0.04% | 0.04% |
 1477Makalot Industrial Co Ltd. TWD10 | 0.12% | 0.04% | 0.04% |
| Westport Holdings Berhad NPV | 0.19% | 0.04% | 0.04% |
 RESResilient REIT Ltd. NPV | 0.16% | 0.04% | 0.04% |
 6278Taiwan Surface Mounting Technology Corp. TWD10 | 0.09% | 0.04% | 0.04% |
 3042TXC Corp TWD10 | 0.11% | 0.03% | 0.03% |
 MINDSPCEMindspace Business Parks REIT NPV(REIT) | 0.09% | 0.03% | 0.03% |
 NTCNetcare Limited ZAR0.01 | 0.15% | 0.03% | 0.03% |
 LHCLife Healthcare Group Holdings Ltd ZAR0.000001 | 0.10% | 0.03% | 0.03% |
 2458Elan Microelectronics Corp TWD10 | 0.09% | 0.03% | 0.03% |
 2548Huaku Development Company Ltd. TWD10 | 0.14% | 0.03% | 0.03% |
| Primax Electronics Ltd. TWD10 | 0.11% | 0.03% | 0.03% |
| Fufeng Group Limited HKD0.10 | 0.12% | 0.03% | 0.03% |
 1210Great Wall Enterprise Co Ltd TWD10 | 0.13% | 0.03% | 0.03% |
Frequently Asked Questions
How much do DEM and VSS overlap?
DEM and VSS overlap by 2.7% of portfolio weight. They share 167 holdings (DEM holds 533 positions and VSS holds 4810), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DEM and VSS?
The two portfolios are 2.7% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of DEM and VSS?
The largest positions held by both funds are 6139, OPL, RDF, 6285 and BDX. Together the top 10 shared positions account for 23% of the total overlap.
What does DEM own that VSS doesn't?
366 positions (84.8% of DEM) are unique to DEM, led by C6T, ICK and 2454. In the other direction, 4643 positions (96.1% of VSS) are unique to VSS.