ESGE vs SPEM: Holdings Overlap
ESGEiShares ESG Aware MSCI EM ETF
iShares · 307 holdings · $6.8B · 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 (ESGE: 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 ESGE and SPEM?
iShares ESG Aware MSCI EM ETF (ESGE, by iShares) holds 307 positions; State Street® SPDR® Portfolio Emerging Markets ETF (SPEM, by State Street (SPDR)) holds 2776. They have 204 holdings in common, and by portfolio weight the two funds are 44.5% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 44.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 204ESGE holds 307 · SPEM holds 2776
- Weight in Shared Holdings
- ESGE 67%·SPEM 49%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 ESGE
103 of 307 positions (32.4% of the fund) are not held by SPEM. Showing the top 30 by weight.
Sector Breakdown
| Sector | ESGE | SPEM |
|---|---|---|
| Information Technology | 41.7% | 25.3% |
| Financials | 14.8% | 15.1% |
| Consumer Discretionary | 5.8% | 7.0% |
| Communication Services | 6.5% | 5.4% |
| Materials | 2.0% | 3.8% |
| Other Sectors | 6.1% | 8.7% |
| Unclassified | 22.1% | 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 (22% of ESGE, 40% of SPEM).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ESGE | +0.1% | +20.1% | +34.1% | +20.5% | +7.1% | +9.1% | 2.15% |
| 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 ESGE vs SPEM →
Shared Holdings(204)
The top 10 shared positions account for 55% of the overlap, led by TSMWF, 700 and 9988.
 TSMWFTaiwan Semiconductor Manufacturing Co. Ltd. | 14.90% | 14.02% | 14.02% |
|---|---|---|---|
 700Tencent Holdings Ltd. | 2.64% | 3.01% | 2.64% |
 9988Alibaba Group Holding Ltd | 1.96% | 2.36% | 1.96% |
 2454MediaTek Inc | 1.50% | 1.64% | 1.50% |
 2308Delta Electronics Inc | 1.43% | 0.95% | 0.95% |
 C6TChina Construction Bank Corp | 1.21% | 0.88% | 0.88% |
 HDFCBHDFC Bank Ltd. | 0.86% | 0.75% | 0.75% |
 HNHAFHon Hai Precision Industry Co Ltd | 0.63% | 0.96% | 0.63% |
 3711ASE Technology Holding Co Ltd | 0.56% | 0.70% | 0.56% |
 1810Xiaomi Corp | 0.49% | 0.47% | 0.47% |
 RJHISARAl Rajhi Bank | 0.80% | 0.44% | 0.44% |
 ICKIndustrial & Commercial Bank of China Ltd | 0.41% | 0.55% | 0.41% |
 9999NetEase Inc | 0.43% | 0.41% | 0.41% |
 2318RUBPing An Insurance Group Co of China Ltd | 0.63% | 0.40% | 0.40% |
 3690Meituan, B Shares | 0.36% | 0.48% | 0.36% |
 9618JD.com Inc | 0.34% | 0.37% | 0.34% |
 1211RUBBYD Co Ltd. 'H'CNY1 | 0.49% | 0.33% | 0.33% |
 2882Cathay Financial Holding Co Ltd | 0.65% | 0.31% | 0.31% |
 AXSBAxis Bank Ltd | 0.32% | 0.30% | 0.30% |
 GFIGold Fields Ltd. | 0.47% | 0.29% | 0.29% |
 BAFBajaj Finance Ltd | 0.28% | 0.33% | 0.28% |
 9888Baidu, Inc., A Shares | 0.34% | 0.27% | 0.27% |
 2345Accton Technology Corp | 0.32% | 0.26% | 0.26% |
 NPNNaspers Ltd | 0.25% | 0.40% | 0.25% |
 2890SinoPac Financial Holdings Co Ltd | 0.25% | 0.28% | 0.25% |
Frequently Asked Questions
How much do ESGE and SPEM overlap?
ESGE and SPEM overlap by 44.5% of portfolio weight. They share 204 holdings (ESGE holds 307 positions and SPEM holds 2776), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ESGE and SPEM?
The two portfolios are 44.5% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of ESGE and SPEM?
The largest positions held by both funds are TSMWF, 700, 9988, 2454 and 2308. Together the top 10 shared positions account for 55% of the total overlap.
What does ESGE own that SPEM doesn't?
103 positions (32.4% of ESGE) are unique to ESGE, led by 005930, 000660 and 005935. In the other direction, 2572 positions (60.2% of SPEM) are unique to SPEM.