EEMV vs SPEM: Holdings Overlap
EEMViShares MSCI Emerging Markets Min Vol Factor ETF
iShares · 334 holdings · $3.5B · as of 2026-05-31
SPEMState Street® SPDR® Portfolio Emerging Markets ETF
State Street (SPDR) · 2776 holdings · $17.4B · as of 2026-08-06
Holdings snapshots are 67 days apart (EEMV: 2026-05-31, 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 EEMV and SPEM?
iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV, by iShares) holds 334 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 22.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 22.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 209EEMV holds 334 · SPEM holds 2776
- Weight in Shared Holdings
- EEMV 69%·SPEM 42%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 EEMV
125 of 334 positions (30.0% of the fund) are not held by SPEM. Showing the top 30 by weight.
Only in SPEM
2567 of 2776 positions (66.7% of the fund) are not held by EEMV. Showing the top 30 by weight.
Sector Breakdown
| Sector | EEMV | SPEM |
|---|---|---|
| Information Technology | 29.8% | 25.3% |
| Financials | 15.5% | 15.1% |
| Communication Services | 9.1% | 5.4% |
| Consumer Discretionary | 2.2% | 7.0% |
| Consumer Staples | 4.4% | 1.8% |
| Other Sectors | 15.0% | 10.7% |
| Unclassified | 23.2% | 43.5% |
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 EEMV, 40% of SPEM).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EEMV | +1.1% | +16.2% | +20.0% | +13.2% | +6.2% | +5.9% | 2.20% |
| 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 EEMV vs SPEM →
Shared Holdings(209)
The top 10 shared positions account for 30% of the overlap, led by TSMWF, 2308 and C6T.
 TSMWFTaiwan Semiconductor Manufacturing Co Ltd | 1.66% | 14.02% | 1.66% |
|---|---|---|---|
 2308Delta Electronics Inc | 2.60% | 0.95% | 0.95% |
 C6TChina Construction Bank Corp | 0.78% | 0.88% | 0.78% |
 3711ASE Technology Holding Co Ltd | 0.63% | 0.70% | 0.63% |
 BHARTIBharti Airtel Ltd | 1.07% | 0.55% | 0.55% |
 ICKIndustrial & Commercial Bank of China Ltd | 1.17% | 0.55% | 0.55% |
 RJHISARAl Rajhi Bank | 0.64% | 0.44% | 0.44% |
 W8VBank of China Ltd | 1.35% | 0.43% | 0.43% |
 2454MediaTek Inc | 0.41% | 1.64% | 0.41% |
 2383Elite Material Co Ltd | 0.60% | 0.38% | 0.38% |
 HDFCBHDFC Bank Ltd | 0.32% | 0.75% | 0.32% |
 OTPOTP Bank Nyrt | 0.32% | 0.30% | 0.30% |
 ARAMCSARSaudi Arabian Oil Co | 1.00% | 0.28% | 0.28% |
 SUNPSun Pharmaceutical Industries Ltd | 0.66% | 0.26% | 0.26% |
 GFIGold Fields Ltd | 0.26% | 0.29% | 0.26% |
 BAPCredicorp Ltd | 0.73% | 0.25% | 0.25% |
 TCSTata Consultancy Services Ltd | 0.77% | 0.24% | 0.24% |
 NBKKWDNational Bank of Kuwait SAKP | 0.77% | 0.24% | 0.24% |
 2880Hua Nan Financial Holdings Co Ltd | 0.44% | 0.23% | 0.23% |
 PC6PetroChina Co Ltd | 0.47% | 0.23% | 0.23% |
 KMBKotak Mahindra Bank Ltd | 0.27% | 0.22% | 0.22% |
 MSILMaruti Suzuki India Ltd | 0.49% | 0.22% | 0.22% |
 AMXBAmerica Movil SAB de CV | 0.49% | 0.21% | 0.21% |
 HUVRHindustan Unilever Ltd | 0.47% | 0.21% | 0.21% |
 IKFChina Shenhua Energy Co Ltd | 0.69% | 0.20% | 0.20% |
Frequently Asked Questions
How much do EEMV and SPEM overlap?
EEMV and SPEM overlap by 22.3% of portfolio weight. They share 209 holdings (EEMV holds 334 positions and SPEM holds 2776), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EEMV and SPEM?
The two portfolios are 22.3% 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 EEMV and SPEM?
The largest positions held by both funds are TSMWF, 2308, C6T, 3711 and BHARTI. Together the top 10 shared positions account for 30% of the total overlap.
What does EEMV own that SPEM doesn't?
125 positions (30.0% of EEMV) are unique to EEMV, led by 000660, 009150 and 005930. In the other direction, 2567 positions (66.7% of SPEM) are unique to SPEM.