DXJ vs SPDW: Holdings Overlap
DXJWisdomTree Japan Hedged Equity Fund
WisdomTree · 430 holdings · $7.1B · as of 2026-03-31
SPDWState Street® SPDR® Portfolio Developed World ex-US ETF
State Street (SPDR) · 2342 holdings · $40.5B · as of 2026-08-04
Holdings snapshots are 126 days apart (DXJ: 2026-03-31, 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 DXJ and SPDW?
WisdomTree Japan Hedged Equity Fund (DXJ, by WisdomTree) holds 430 positions; State Street® SPDR® Portfolio Developed World ex-US ETF (SPDW, by State Street (SPDR)) holds 2342. They have 266 holdings in common, and by portfolio weight the two funds are 14.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 14.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 266DXJ holds 430 · SPDW holds 2342
- Weight in Shared Holdings
- DXJ 88%·SPDW 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 DXJ
164 of 430 positions (8.6% of the fund) are not held by SPDW. Showing the top 30 by weight.
Sector Breakdown
| Sector | DXJ | SPDW |
|---|---|---|
| Financials | 17.5% | 21.9% |
| Industrials | 19.3% | 13.2% |
| Information Technology | 6.5% | 12.6% |
| Consumer Discretionary | 11.7% | 5.3% |
| Health Care | 6.7% | 6.3% |
| Other Sectors | 12.1% | 22.1% |
| Unclassified | 22.6% | 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 (23% of DXJ, 18% of SPDW).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DXJ | +2.2% | +25.3% | +49.6% | +31.9% | +27.8% | +19.0% | 0.94% |
| 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 DXJ vs SPDW →
Shared Holdings(266)
The top 10 shared positions account for 32% of the overlap, led by 8306, 7203 and 8316.
 8306Mitsubishi UFJ Financial Group Inc. NPV | 4.71% | 0.81% | 0.81% |
|---|---|---|---|
 7203Toyota Motor Corp. NPV | 4.56% | 0.67% | 0.67% |
 8316Sumitomo Mitsui Financial Group Inc. NPV | 3.06% | 0.49% | 0.49% |
 8035Tokyo Electron Ltd. NPV | 1.69% | 0.49% | 0.49% |
 6501Hitachi Ltd. NPV | 1.02% | 0.47% | 0.47% |
 6758Sony Group Corp. NPV | 0.48% | 0.43% | 0.43% |
 8411Mizuho Financial Group Inc. NPV | 2.31% | 0.39% | 0.39% |
 8058Mitsubishi Corp. NPV | 3.06% | 0.36% | 0.36% |
 6857Advantest Corp. NPV | 0.32% | 0.48% | 0.32% |
 6861Keyence Corp. NPV | 0.36% | 0.32% | 0.32% |
 9983Fast Retailing Co Ltd. NPV | 0.92% | 0.30% | 0.30% |
 8766Tokio Marine Holdings Inc. NPV | 3.13% | 0.29% | 0.29% |
 6981Murata Manufacturing Co Ltd. NPV | 0.69% | 0.28% | 0.28% |
 8001ITOCHU Corp. NPV | 1.82% | 0.27% | 0.27% |
 7011Mitsubishi Heavy Industries Ltd. NPV | 0.64% | 0.25% | 0.25% |
 6098Recruit Holdings Co Ltd. NPV | 0.23% | 0.35% | 0.23% |
 4063Shin-Etsu Chemical Co Ltd. NPV | 1.28% | 0.23% | 0.23% |
 6503Mitsubishi Electric Corp. NPV | 1.09% | 0.23% | 0.23% |
 6752Panasonic Holdings Corporation COMMON STOCK | 0.81% | 0.20% | 0.20% |
 7741HOYA Corp. NPV | 0.51% | 0.18% | 0.18% |
 8053Sumitomo Corp. NPV | 1.54% | 0.17% | 0.17% |
 7974Nintendo Co Ltd. NPV | 0.58% | 0.17% | 0.17% |
 4502Takeda Pharmaceutical Co Ltd. NPV | 2.05% | 0.16% | 0.16% |
 8750Daiichi Life Group Inc. NPV | 0.98% | 0.16% | 0.16% |
 6301Komatsu Ltd. NPV | 1.05% | 0.16% | 0.16% |
Showing the top 250 of 266 shared holdings by overlap weight.
Frequently Asked Questions
How much do DXJ and SPDW overlap?
DXJ and SPDW overlap by 14.8% of portfolio weight. They share 266 holdings (DXJ holds 430 positions and SPDW holds 2342), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DXJ and SPDW?
The two portfolios are 14.8% 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 DXJ and SPDW?
The largest positions held by both funds are 8306, 7203, 8316, 8035 and 6501. Together the top 10 shared positions account for 32% of the total overlap.
What does DXJ own that SPDW doesn't?
164 positions (8.6% of DXJ) are unique to DXJ, led by 8031, 8113 and 7278. In the other direction, 2076 positions (83.5% of SPDW) are unique to SPDW.