IGF vs SPEM: Holdings Overlap
IGFiShares Global Infrastructure ETF
iShares · 88 holdings · $11.0B · 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 (IGF: 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 IGF and SPEM?
iShares Global Infrastructure ETF (IGF, by iShares) holds 88 positions; State Street® SPDR® Portfolio Emerging Markets ETF (SPEM, by State Street (SPDR)) holds 2776. They have 15 holdings in common, and by portfolio weight the two funds are 0.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 15IGF holds 88 · SPEM holds 2776
- Weight in Shared Holdings
- IGF 4%·SPEM 1%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 IGF
73 of 88 positions (96.0% of the fund) are not held by SPEM. Showing the top 30 by weight.
Only in SPEM
2761 of 2776 positions (108.1% of the fund) are not held by IGF. Showing the top 30 by weight.
Sector Breakdown
| Sector | IGF | SPEM |
|---|---|---|
| Utilities | 39.3% | 0.9% |
| Information Technology | 0.0% | 25.3% |
| Energy | 20.7% | 2.9% |
| Industrials | 18.2% | 1.5% |
| Financials | 0.0% | 15.1% |
| Other Sectors | 0.1% | 19.7% |
| Unclassified | 21.4% | 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 IGF, 40% of SPEM).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IGF | -1.8% | +9.0% | +12.6% | +16.5% | +10.6% | +8.0% | 2.93% |
| 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 IGF vs SPEM →
Shared Holdings(15)
The top 10 shared positions account for 91% of the overlap, led by 836, AXIA and 144.
 836China Resources Power Holdings Co Ltd | 0.14% | 0.14% | 0.14% |
|---|---|---|---|
 AXIACentrais Elet Bras Sa Eletrobras SPONSORED ADR | 0.24% | 0.11% | 0.11% |
 144China Merchants Port Holdings Co Ltd | 0.76% | 0.10% | 0.10% |
 CIGCia Energetica de Minas Gerais | 0.12% | 0.08% | 0.08% |
 576Zhejiang Expressway Co Ltd | 0.50% | 0.06% | 0.06% |
 HUP1Huaneng Power International Inc | 0.08% | 0.05% | 0.05% |
 1199COSCO SHIPPING Ports Ltd | 0.32% | 0.05% | 0.05% |
 270Guangdong Investment Ltd | 0.08% | 0.04% | 0.04% |
 JE2Jiangsu Expressway Co Ltd | 0.56% | 0.04% | 0.04% |
 135Kunlun Energy Co Ltd | 0.09% | 0.04% | 0.04% |
 548Shenzhen Expressway Corp Ltd | 0.21% | 0.03% | 0.03% |
 6WXChina Longyuan Power Group Corp Ltd | 0.07% | 0.03% | 0.03% |
 694Beijing Capital International Airport Co Ltd | 0.16% | 0.01% | 0.01% |
 152Shenzhen International Holdings Ltd | 0.44% | 0.01% | 0.01% |
 AXIAPCAxia Energia SA | 0.00% | 0.05% | 0.00% |
Frequently Asked Questions
How much do IGF and SPEM overlap?
IGF and SPEM overlap by 0.8% of portfolio weight. They share 15 holdings (IGF holds 88 positions and SPEM holds 2776), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IGF and SPEM?
The two portfolios are 0.8% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IGF and SPEM?
The largest positions held by both funds are 836, AXIA, 144, CIG and 576. Together the top 10 shared positions account for 91% of the total overlap.
What does IGF own that SPEM doesn't?
73 positions (96.0% of IGF) are unique to IGF, led by NEE, AENA and TCL. In the other direction, 2761 positions (108.1% of SPEM) are unique to SPEM.