EWW vs SPEM: Holdings Overlap
iShares · 41 holdings · $2.0B · 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 (EWW: 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 EWW and SPEM?
iShares MSCI Mexico ETF (EWW, by iShares) holds 41 positions; State Street® SPDR® Portfolio Emerging Markets ETF (SPEM, by State Street (SPDR)) holds 2776. They have 19 holdings in common, and by portfolio weight the two funds are 2.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 19EWW holds 41 · SPEM holds 2776
- Weight in Shared Holdings
- EWW 75%·SPEM 2%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 EWW
22 of 41 positions (25.4% of the fund) are not held by SPEM.
Only in SPEM
2757 of 2776 positions (106.8% of the fund) are not held by EWW. Showing the top 30 by weight.
Sector Breakdown
| Sector | EWW | SPEM |
|---|---|---|
| Information Technology | 0.0% | 25.3% |
| Materials | 23.7% | 3.8% |
| Consumer Staples | 17.5% | 1.8% |
| Financials | 9.6% | 15.1% |
| Industrials | 8.1% | 1.5% |
| Other Sectors | 15.3% | 17.8% |
| Unclassified | 25.6% | 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 (26% of EWW, 40% of SPEM).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EWW | +3.3% | +13.5% | +30.0% | +11.0% | +13.3% | +7.2% | 3.18% |
| 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 EWW vs SPEM →
Shared Holdings(19)
The top 10 shared positions account for 84% of the overlap, led by GMEXICOB, GFNORTEO and FEMSAUBD.
 GMEXICOBGrupo Mexico SAB de CV, Series B | 14.27% | 0.37% | 0.37% |
|---|---|---|---|
 GFNORTEOGrupo Financiero Banorte S.A.B. de C.V. COM NPV SERIES O | 9.62% | 0.25% | 0.25% |
 FEMSAUBDFomento Economico Mexicano S A B de C V UNITS (REP 1 SER 'B' SHS & 4 SER'D') | 7.10% | 0.21% | 0.21% |
 AMXBAmerica Movil SAB de CV | 8.09% | 0.21% | 0.21% |
 4FOIndustrias Penoles SAB de CV | 4.63% | 0.20% | 0.20% |
 CEMEXCPOCemex SAB de CV | 4.86% | 0.17% | 0.17% |
 SIGMAFASigma Foods SAB de CV | 1.64% | 0.10% | 0.10% |
 4GNBWal-Mart de Mexico SAB de CV | 5.40% | 0.10% | 0.10% |
 KOFUBLCoca-Cola FEMSA SAB de CV UNITS (REP 3 SER 'B' SHS & 5 SER'L') | 1.36% | 0.09% | 0.09% |
 GAPBGrupo Aeroportuario Del Pacifico S.A.B. de C.V. COM NPV SER'B' | 3.72% | 0.08% | 0.08% |
 ASURBGrupo Aeroportuario del Sureste S.A.B. de C.V. SER'B'NPV | 2.35% | 0.07% | 0.07% |
 GFINBUROGrupo Financiero Inbursa SAB de CV | 1.78% | 0.06% | 0.06% |
 BIMBOAGrupo Bimbo SAB de CV | 2.02% | 0.06% | 0.06% |
 KIMBER-AKimberly-Clark de Mexico S.A.B. de C.V. COM SER'A'NPV | 1.57% | 0.06% | 0.06% |
 FUNO11Fibra Uno Administracion SA de CV | 2.24% | 0.05% | 0.05% |
 FIBRAMQHSBC Mexico S.A. CBFI (FIBRA MACQUARIE MEXICO) 144A/REG S | 1.14% | 0.03% | 0.03% |
 BOLSA-ABolsa Mexicana De Valores Sab De Cv SER'A'NPV | 0.63% | 0.01% | 0.01% |
 ORBIA-*Orbia Advance Corp SAB de CV | 0.80% | 0.00% | 0.00% |
 GRUMABGruma SAB de CV | 1.27% | 0.00% | 0.00% |
Frequently Asked Questions
How much do EWW and SPEM overlap?
EWW and SPEM overlap by 2.1% of portfolio weight. They share 19 holdings (EWW holds 41 positions and SPEM holds 2776), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWW and SPEM?
The two portfolios are 2.1% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of EWW and SPEM?
The largest positions held by both funds are GMEXICOB, GFNORTEO, FEMSAUBD, AMXB and 4FO. Together the top 10 shared positions account for 84% of the total overlap.
What does EWW own that SPEM doesn't?
22 positions (25.4% of EWW) are unique to EWW, led by AJZ, FIBRAPL and Grupo Carso SAB de CV. In the other direction, 2757 positions (106.8% of SPEM) are unique to SPEM.