SPDW vs VPL: Holdings Overlap
SPDWState Street® SPDR® Portfolio Developed World ex-US ETF
State Street (SPDR) · 2342 holdings · $40.5B · as of 2026-08-04
VPLVanguard Pacific Stock Index Fund
Vanguard · 2334 holdings · $8.4B · as of 2026-04-30
Holdings snapshots are 96 days apart (SPDW: 2026-08-04, VPL: 2026-04-30). 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 SPDW and VPL?
State Street® SPDR® Portfolio Developed World ex-US ETF (SPDW, by State Street (SPDR)) holds 2342 positions; Vanguard Pacific Stock Index Fund (VPL, by Vanguard) holds 2334. They have 1011 holdings in common, and by portfolio weight the two funds are 33.9% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 33.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1011SPDW holds 2342 · VPL holds 2334
- Weight in Shared Holdings
- SPDW 34%·VPL 88%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 SPDW
1331 of 2342 positions (64.4% of the fund) are not held by VPL. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPDW | VPL |
|---|---|---|
| Financials | 21.9% | 16.1% |
| Information Technology | 12.6% | 18.7% |
| Industrials | 13.2% | 13.1% |
| Consumer Discretionary | 5.3% | 6.8% |
| Health Care | 6.3% | 3.3% |
| Other Sectors | 22.1% | 16.1% |
| Unclassified | 17.3% | 25.0% |
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 (18% of SPDW, 25% of VPL).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SPDW | +3.1% | +17.9% | +30.1% | +19.9% | +10.1% | +10.3% | 2.94% |
| VPL | +1.3% | +25.8% | +38.9% | +21.1% | +10.0% | +9.9% | 2.66% |
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 SPDW vs VPL →
Shared Holdings(1011)
The top 10 shared positions account for 20% of the overlap, led by A000660, 8306 and 7203.
 A000660SK hynix Inc | 1.68% | 4.08% | 1.68% |
|---|---|---|---|
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.81% | 1.67% | 0.81% |
 7203Toyota Motor Corp. NPV | 0.67% | 1.73% | 0.67% |
 BHPBHP Group Ltd. | 0.66% | 1.64% | 0.66% |
 CBACommonwealth Bank of Australia | 0.62% | 1.78% | 0.62% |
 8316Sumitomo Mitsui Financial Group Inc. NPV | 0.49% | 1.09% | 0.49% |
 8035Tokyo Electron Ltd. NPV | 0.49% | 1.10% | 0.49% |
 6857Advantest Corp. NPV | 0.48% | 1.14% | 0.48% |
 6501Hitachi Ltd. NPV | 0.47% | 1.16% | 0.47% |
 6758Sony Group Corp. NPV | 0.43% | 1.02% | 0.43% |
 9984SoftBank Group Corp. | 0.42% | 1.13% | 0.42% |
 8411Mizuho Financial Group Inc. NPV | 0.39% | 0.87% | 0.39% |
 D05DBS Group Holdings Ltd. | 0.36% | 0.79% | 0.36% |
 8058Mitsubishi Corp. NPV | 0.36% | 0.89% | 0.36% |
 6098Recruit Holdings Co Ltd. NPV | 0.35% | 0.52% | 0.35% |
 6861Keyence Corp. NPV | 0.32% | 0.73% | 0.32% |
 1299AIA Group Ltd. | 0.31% | 0.98% | 0.31% |
 9983Fast Retailing Co Ltd. NPV | 0.30% | 0.70% | 0.30% |
 8766Tokio Marine Holdings Inc. NPV | 0.29% | 0.70% | 0.29% |
 A005935Samsung Electronics Co Ltd | 0.28% | 0.73% | 0.28% |
 6981Murata Manufacturing Co Ltd. NPV | 0.28% | 0.46% | 0.28% |
 8001ITOCHU Corp. NPV | 0.27% | 0.66% | 0.27% |
 O39Oversea-Chinese Banking Corp. Ltd. | 0.26% | 0.48% | 0.26% |
 7011Mitsubishi Heavy Industries Ltd. NPV | 0.25% | 0.81% | 0.25% |
 ANZANZ Group Holdings Ltd. | 0.23% | 0.68% | 0.23% |
Showing the top 250 of 1011 shared holdings by overlap weight.
Frequently Asked Questions
How much do SPDW and VPL overlap?
SPDW and VPL overlap by 33.9% of portfolio weight. They share 1011 holdings (SPDW holds 2342 positions and VPL holds 2334), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPDW and VPL?
The two portfolios are 33.9% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of SPDW and VPL?
The largest positions held by both funds are A000660, 8306, 7203, BHP and CBA. Together the top 10 shared positions account for 20% of the total overlap.
What does SPDW own that VPL doesn't?
1331 positions (64.4% of SPDW) are unique to SPDW, led by SMSN, ASML and HSBA. In the other direction, 1323 positions (10.6% of VPL) are unique to VPL.