SPDW vs VXUS: Holdings Overlap
SPDWState Street® SPDR® Portfolio Developed World ex-US ETF
State Street (SPDR) · 2342 holdings · $40.5B · as of 2026-08-04
VXUSVanguard Total International Stock Index Fund
Vanguard · 8752 holdings · $161.3B · as of 2026-04-30
Holdings snapshots are 96 days apart (SPDW: 2026-08-04, VXUS: 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 VXUS?
State Street® SPDR® Portfolio Developed World ex-US ETF (SPDW, by State Street (SPDR)) holds 2342 positions; Vanguard Total International Stock Index Fund (VXUS, by Vanguard) holds 8752. They have 1893 holdings in common, and by portfolio weight the two funds are 63.2% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 63.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1893SPDW holds 2342 · VXUS holds 8752
- Weight in Shared Holdings
- SPDW 93%·VXUS 65%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
449 of 2342 positions (6.1% of the fund) are not held by VXUS. Showing the top 30 by weight.
Only in VXUS
6859 of 8752 positions (33.6% of the fund) are not held by SPDW. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPDW | VXUS |
|---|---|---|
| Financials | 21.9% | 18.3% |
| Information Technology | 12.6% | 14.7% |
| Industrials | 13.2% | 10.7% |
| Health Care | 6.3% | 5.2% |
| Materials | 5.9% | 5.3% |
| Other Sectors | 21.5% | 21.1% |
| Unclassified | 17.3% | 23.6% |
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, 24% of VXUS).
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% |
| VXUS | +3.0% | +16.2% | +27.8% | +18.9% | +9.3% | +9.7% | 2.51% |
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 VXUS →
Shared Holdings(1893)
The top 10 shared positions account for 12% of the overlap, led by ASML, A000660 and HSBA.
 ASMLASML Holding NV | 1.96% | 1.30% | 1.30% |
|---|---|---|---|
 A000660SK hynix Inc | 1.68% | 1.12% | 1.12% |
 HSBAHSBC Holdings PLC | 1.03% | 0.73% | 0.73% |
 ROPRoche Holding AG | 0.93% | 0.67% | 0.67% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.73% | 0.66% | 0.66% |
 NOVNNovartis AG (Registered) | 0.83% | 0.66% | 0.66% |
 NESNNestle SA (Registered) | 0.76% | 0.61% | 0.61% |
 SHELShell PLC | 0.76% | 0.60% | 0.60% |
 RYGovernment Long Bond 1.2x Strategy Fund | 0.87% | 0.59% | 0.59% |
 SIESiemens AG (Registered) | 0.68% | 0.51% | 0.51% |
 CBACommonwealth Bank of Australia | 0.62% | 0.49% | 0.49% |
 7203Toyota Motor Corp. NPV | 0.67% | 0.47% | 0.47% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.81% | 0.46% | 0.46% |
 BHPBHP Group Ltd. | 0.66% | 0.45% | 0.45% |
 TDThe Toronto-Dominion Bank COM NEW | 0.59% | 0.42% | 0.42% |
 SANBanco Santander SA | 0.64% | 0.42% | 0.42% |
 ALVAllianz SE (Registered) | 0.56% | 0.40% | 0.40% |
 SAPSAP SE | 0.59% | 0.40% | 0.40% |
 SUSchneider Electric SE | 0.57% | 0.40% | 0.40% |
 TTETotalEnergies SE EUR2.5 | 0.51% | 0.39% | 0.39% |
 ENRSiemens Energy AG | 0.37% | 0.37% | 0.37% |
 ABBNABB Ltd. (Registered) | 0.48% | 0.37% | 0.37% |
 IBEIberdrola SA | 0.44% | 0.36% | 0.36% |
 SHOPShopify, Inc., Class A | 0.53% | 0.35% | 0.35% |
 UBSGUBS Group AG (Registered) | 0.50% | 0.32% | 0.32% |
Showing the top 250 of 1893 shared holdings by overlap weight.
Frequently Asked Questions
How much do SPDW and VXUS overlap?
SPDW and VXUS overlap by 63.2% of portfolio weight. They share 1893 holdings (SPDW holds 2342 positions and VXUS holds 8752), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPDW and VXUS?
The two portfolios are 63.2% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of SPDW and VXUS?
The largest positions held by both funds are ASML, A000660, HSBA, ROP and AZN. Together the top 10 shared positions account for 12% of the total overlap.
What does SPDW own that VXUS doesn't?
449 positions (6.1% of SPDW) are unique to SPDW, led by SMSN, SPOT and WCN. In the other direction, 6859 positions (33.6% of VXUS) are unique to VXUS.