FLIN vs SPEM: Holdings Overlap
Franklin Templeton · 273 holdings · $2.7B · as of 2026-03-31
SPEMState Street® SPDR® Portfolio Emerging Markets ETF
State Street (SPDR) · 2776 holdings · $17.4B · as of 2026-08-06
Holdings snapshots are 128 days apart (FLIN: 2026-03-31, 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 FLIN and SPEM?
Franklin FTSE India ETF (FLIN, by Franklin Templeton) holds 273 positions; State Street® SPDR® Portfolio Emerging Markets ETF (SPEM, by State Street (SPDR)) holds 2776. They have 203 holdings in common, and by portfolio weight the two funds are 12.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 12.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 203FLIN holds 273 · SPEM holds 2776
- Weight in Shared Holdings
- FLIN 76%·SPEM 12%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 FLIN
70 of 273 positions (22.9% of the fund) are not held by SPEM. Showing the top 30 by weight.
Only in SPEM
2573 of 2776 positions (96.6% of the fund) are not held by FLIN. Showing the top 30 by weight.
Sector Breakdown
| Sector | FLIN | SPEM |
|---|---|---|
| Information Technology | 7.0% | 25.3% |
| Financials | 19.6% | 15.1% |
| Energy | 9.0% | 2.9% |
| Consumer Discretionary | 8.9% | 7.0% |
| Materials | 6.6% | 3.8% |
| Other Sectors | 21.4% | 11.2% |
| Unclassified | 26.7% | 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 (27% of FLIN, 40% of SPEM).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FLIN | +2.1% | -6.3% | -3.6% | +5.8% | +4.6% | — | 0.42% |
| 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 FLIN vs SPEM →
Shared Holdings(203)
The top 10 shared positions account for 27% of the overlap, led by HDFCB, BHARTI and BAF.
 HDFCBHDFC Bank Ltd. INR1 | 5.79% | 0.75% | 0.75% |
|---|---|---|---|
 BHARTIBharti Airtel Ltd. INR5 | 3.69% | 0.55% | 0.55% |
 BAFBajaj Finance Ltd. INR1(POST SUBD) | 1.57% | 0.33% | 0.33% |
 AXSBAxis Bank Ltd. INR2 | 1.86% | 0.30% | 0.30% |
 SUNPSun Pharmaceutical Industries Ltd. INR1(DEMAT) | 1.31% | 0.26% | 0.26% |
 TCSTata Consultancy Services Ltd. INR1 | 1.68% | 0.24% | 0.24% |
 KMBKotak Mahindra Bank Ltd. INR1(POST SUBD) | 1.35% | 0.22% | 0.22% |
 MSILMaruti Suzuki India Ltd. INR5 | 1.13% | 0.22% | 0.22% |
 HUVRHindustan Unilever Ltd. INR1 | 1.27% | 0.21% | 0.21% |
 TTANTitan Co Ltd. INR1 | 1.01% | 0.19% | 0.19% |
 BJAUTBajaj Auto Ltd. INR10 | 0.41% | 0.19% | 0.19% |
 EIMEicher Motors Ltd. INR1 | 0.61% | 0.19% | 0.19% |
 BJFINBajaj Finserv Ltd INR1 (POST SUB) | 0.44% | 0.19% | 0.19% |
 HCLTHCL Technologies Ltd. INR2 | 0.99% | 0.18% | 0.18% |
 ETERNALEternal Ltd. INR1.00 | 0.72% | 0.16% | 0.16% |
 UTCEMUltratech Cement Ltd. INR10 | 0.90% | 0.15% | 0.15% |
 HNDLHindalco Industries Ltd. INR1 | 0.90% | 0.14% | 0.14% |
 JIOFINJio Financial Services Ltd. INR10 | 0.49% | 0.14% | 0.14% |
 ITCITC Ltd. INR1 | 0.60% | 0.14% | 0.14% |
 ADSEZAdani Ports And Special Economic Zone Ltd. LIMITED | 0.72% | 0.14% | 0.14% |
 TATATata Steel Ltd. INR1.00(POST SUBDIVISION) | 1.11% | 0.14% | 0.14% |
 APHSApollo Hospitals Enterprise Ltd. INR5 | 0.51% | 0.14% | 0.14% |
 TMCVTata Motors Ltd. INR2 | 0.57% | 0.13% | 0.13% |
 BHEBharat Electronics Ltd. INR1 | 1.00% | 0.13% | 0.13% |
 FORHFortis Healthcare Ltd. INR10 | 0.27% | 0.13% | 0.13% |
Frequently Asked Questions
How much do FLIN and SPEM overlap?
FLIN and SPEM overlap by 12.1% of portfolio weight. They share 203 holdings (FLIN holds 273 positions and SPEM holds 2776), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FLIN and SPEM?
The two portfolios are 12.1% 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 FLIN and SPEM?
The largest positions held by both funds are HDFCB, BHARTI, BAF, AXSB and SUNP. Together the top 10 shared positions account for 27% of the total overlap.
What does FLIN own that SPEM doesn't?
70 positions (22.9% of FLIN) are unique to FLIN, led by RELIANCE, INFO and MM. In the other direction, 2573 positions (96.6% of SPEM) are unique to SPEM.