EWT vs SPEM: Holdings Overlap
iShares · 86 holdings · $11.1B · 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 (EWT: 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 EWT and SPEM?
iShares MSCI Taiwan ETF (EWT, by iShares) holds 86 positions; State Street® SPDR® Portfolio Emerging Markets ETF (SPEM, by State Street (SPDR)) holds 2776. They have 76 holdings in common, and by portfolio weight the two funds are 27.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 27.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 76EWT holds 86 · SPEM holds 2776
- Weight in Shared Holdings
- EWT 95%·SPEM 27%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 EWT
10 of 86 positions (4.7% of the fund) are not held by SPEM.
Sector Breakdown
| Sector | EWT | SPEM |
|---|---|---|
| Information Technology | 65.0% | 25.3% |
| Financials | 9.5% | 15.1% |
| Consumer Discretionary | 0.0% | 7.0% |
| Communication Services | 1.9% | 5.4% |
| Materials | 1.0% | 3.8% |
| Other Sectors | 1.5% | 8.7% |
| Unclassified | 21.1% | 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 (21% of EWT, 40% of SPEM).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EWT | +1.2% | +62.3% | +78.6% | +38.5% | +18.6% | +18.8% | 2.73% |
| 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 EWT vs SPEM →
Shared Holdings(76)
The top 10 shared positions account for 75% of the overlap, led by TSMWF, 2454 and HNHAF.
 TSMWFTaiwan Semiconductor Manufacturing Co Ltd | 19.33% | 14.02% | 14.02% |
|---|---|---|---|
 2454MediaTek Inc | 7.55% | 1.64% | 1.64% |
 HNHAFHon Hai Precision Industry Co Ltd | 4.09% | 0.96% | 0.96% |
 2308Delta Electronics Inc | 5.64% | 0.95% | 0.95% |
 3711ASE Technology Holding Co Ltd | 2.86% | 0.70% | 0.70% |
 2891CTBC Financial Holding Co Ltd | 1.46% | 0.50% | 0.50% |
 3037Unimicron Technology Corp | 2.72% | 0.44% | 0.44% |
 FUISFFubon Financial Holding Co Ltd | 1.35% | 0.39% | 0.39% |
 2383Elite Material Co Ltd | 2.75% | 0.38% | 0.38% |
 1303Nan Ya Plastics Corp | 0.95% | 0.38% | 0.38% |
 2882Cathay Financial Holding Co Ltd | 1.11% | 0.31% | 0.31% |
 2890SinoPac Financial Holdings Co Ltd | 0.69% | 0.28% | 0.28% |
 2345Accton Technology Corp | 2.20% | 0.26% | 0.26% |
 2880Hua Nan Financial Holdings Co Ltd | 0.49% | 0.23% | 0.23% |
 2887TS Financial Holding Co Ltd | 0.96% | 0.23% | 0.23% |
 2382Quanta Computer Inc | 1.30% | 0.22% | 0.22% |
 AVMPFAsia Vital Components Co Ltd | 1.57% | 0.21% | 0.21% |
 2883KGI Financial Holding Co Ltd | 0.64% | 0.21% | 0.21% |
 5274ASPEED Technology Inc | 1.17% | 0.20% | 0.20% |
 2327Yageo Corp | 2.15% | 0.20% | 0.20% |
 WICOFWistron Corp | 0.75% | 0.19% | 0.19% |
 2886Mega Financial Holding Co Ltd | 0.71% | 0.19% | 0.19% |
 1301Formosa Plastics Corp | 0.44% | 0.19% | 0.19% |
 2301Lite-On Technology Corp | 0.84% | 0.18% | 0.18% |
 2360Chroma ATE Inc | 1.52% | 0.17% | 0.17% |
Frequently Asked Questions
How much do EWT and SPEM overlap?
EWT and SPEM overlap by 27.1% of portfolio weight. They share 76 holdings (EWT holds 86 positions and SPEM holds 2776), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWT and SPEM?
The two portfolios are 27.1% 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 EWT and SPEM?
The largest positions held by both funds are TSMWF, 2454, HNHAF, 2308 and 3711. Together the top 10 shared positions account for 75% of the total overlap.
What does EWT own that SPEM doesn't?
10 positions (4.7% of EWT) are unique to EWT, led by 2303, 3665 and 4904. In the other direction, 2700 positions (81.9% of SPEM) are unique to SPEM.