SCZ vs SPDW: Holdings Overlap
SCZiShares MSCI EAFE Small-Cap ETF
iShares · 2044 holdings · $13.5B · as of 2026-04-30
SPDWState Street® SPDR® Portfolio Developed World ex-US ETF
State Street (SPDR) · 2342 holdings · $40.5B · as of 2026-08-04
Holdings snapshots are 96 days apart (SCZ: 2026-04-30, SPDW: 2026-08-04). 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 SCZ and SPDW?
iShares MSCI EAFE Small-Cap ETF (SCZ, by iShares) holds 2044 positions; State Street® SPDR® Portfolio Developed World ex-US ETF (SPDW, by State Street (SPDR)) holds 2342. They have 860 holdings in common, and by portfolio weight the two funds are 8.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 8.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 860SCZ holds 2044 · SPDW holds 2342
- Weight in Shared Holdings
- SCZ 64%·SPDW 9%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 SCZ
1184 of 2044 positions (35.3% of the fund) are not held by SPDW. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SCZ | +4.1% | +13.5% | +20.2% | +16.6% | +5.9% | +8.6% | 3.07% |
| SPDW | +3.1% | +17.9% | +30.1% | +19.9% | +10.1% | +10.3% | 2.94% |
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 SCZ vs SPDW →
Shared Holdings(860)
The top 10 shared positions account for 6% of the overlap, led by SBMO, BSL and NKT.
 SBMOSBM Offshore NV | 0.16% | 0.10% | 0.10% |
|---|---|---|---|
 BSLBlueScope Steel Ltd | 0.26% | 0.06% | 0.06% |
 NKTNkt AS DKK20 | 0.22% | 0.06% | 0.06% |
 4004Resonac Holdings Corp. NPV | 0.44% | 0.05% | 0.05% |
 5801Furukawa Electric Co Ltd. NPV | 0.50% | 0.05% | 0.05% |
 SUBCSubsea 7 SA | 0.22% | 0.05% | 0.05% |
 VOEvoestalpine AG | 0.15% | 0.05% | 0.05% |
 NKNNikon Corp NPV | 0.08% | 0.05% | 0.05% |
 6965Hamamatsu Photonics KK | 0.10% | 0.05% | 0.05% |
 4005Sumitomo Chemical Co Ltd. NPV | 0.13% | 0.05% | 0.05% |
 NEXNexans SA | 0.19% | 0.05% | 0.05% |
 6532BayCurrent Inc | 0.12% | 0.04% | 0.04% |
 SPIESPIE SA | 0.23% | 0.04% | 0.04% |
 FLSFLSmidth & Co A/S | 0.09% | 0.04% | 0.04% |
 5706Mitsui Kinzoku Co Ltd. NPV | 0.43% | 0.04% | 0.04% |
 UNIUnicaja Banco SA | 0.09% | 0.04% | 0.04% |
 5831Shizuoka Financial Group Inc | 0.21% | 0.04% | 0.04% |
 STRSILSStrauss Group Ltd | 0.07% | 0.04% | 0.04% |
 GENSGenting Singapore Ltd. NPV | 0.09% | 0.04% | 0.04% |
 2871Nichirei Corp NPV | 0.07% | 0.04% | 0.04% |
 ABDNAberdeen Group PLC | 0.14% | 0.04% | 0.04% |
 GBFBilfinger SE | 0.11% | 0.03% | 0.03% |
 7459Medipal Holdings Corp | 0.09% | 0.03% | 0.03% |
 EDENEdenred SE | 0.16% | 0.03% | 0.03% |
 ENLTEnlight Renewable Energy Ltd. | 0.32% | 0.03% | 0.03% |
Showing the top 250 of 860 shared holdings by overlap weight.
Frequently Asked Questions
How much do SCZ and SPDW overlap?
SCZ and SPDW overlap by 8.7% of portfolio weight. They share 860 holdings (SCZ holds 2044 positions and SPDW holds 2342), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCZ and SPDW?
The two portfolios are 8.7% 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 SCZ and SPDW?
The largest positions held by both funds are SBMO, BSL, NKT, 4004 and 5801. Together the top 10 shared positions account for 6% of the total overlap.
What does SCZ own that SPDW doesn't?
1184 positions (35.3% of SCZ) are unique to SCZ, led by DPLM, TIGO and LTMC. In the other direction, 1482 positions (90.0% of SPDW) are unique to SPDW.