VXUS vs SPDW: Holdings Overlap
VXUSVanguard Total International Stock Index Fund
Vanguard · 8752 holdings · $161.3B · 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 (VXUS: 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 VXUS and SPDW?
Vanguard Total International Stock Index Fund (VXUS, by Vanguard) holds 8752 positions; State Street® SPDR® Portfolio Developed World ex-US ETF (SPDW, by State Street (SPDR)) holds 2342. 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
- 1893VXUS holds 8752 · SPDW holds 2342
- Weight in Shared Holdings
- VXUS 65%·SPDW 93%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 VXUS
6859 of 8752 positions (33.6% of the fund) are not held by SPDW. Showing the top 30 by weight.
Only in SPDW
449 of 2342 positions (6.1% of the fund) are not held by VXUS. Showing the top 30 by weight.
Sector Breakdown
| Sector | VXUS | SPDW |
|---|---|---|
| Financials | 18.3% | 21.9% |
| Information Technology | 14.7% | 12.6% |
| Industrials | 10.7% | 13.2% |
| Health Care | 5.2% | 6.3% |
| Materials | 5.3% | 5.9% |
| Other Sectors | 21.1% | 21.5% |
| Unclassified | 23.6% | 17.3% |
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 (24% of VXUS, 18% of SPDW).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VXUS | +3.0% | +16.2% | +27.8% | +18.9% | +9.3% | +9.7% | 2.51% |
| 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 VXUS vs SPDW →
Shared Holdings(1893)
The top 10 shared positions account for 12% of the overlap, led by ASML, 000660 and HSBA.
 ASMLASML Holding NV | 1.30% | 1.96% | 1.30% |
|---|---|---|---|
 000660SK hynix Inc | 1.12% | 1.68% | 1.12% |
 HSBAHSBC Holdings PLC | 0.73% | 1.03% | 0.73% |
 ROPRoche Holding AG | 0.67% | 0.93% | 0.67% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.66% | 0.73% | 0.66% |
 NOVNNovartis AG (Registered) | 0.66% | 0.83% | 0.66% |
 NESNNestle SA (Registered) | 0.61% | 0.76% | 0.61% |
 SHELShell PLC | 0.60% | 0.76% | 0.60% |
 RYGovernment Long Bond 1.2x Strategy Fund | 0.59% | 0.87% | 0.59% |
 SIESiemens AG (Registered) | 0.51% | 0.68% | 0.51% |
 CBACommonwealth Bank of Australia | 0.49% | 0.62% | 0.49% |
 7203Toyota Motor Corp. NPV | 0.47% | 0.67% | 0.47% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.46% | 0.81% | 0.46% |
 BHPBHP Group Ltd. | 0.45% | 0.66% | 0.45% |
 TDThe Toronto-Dominion Bank COM NEW | 0.42% | 0.59% | 0.42% |
 SANBanco Santander SA | 0.42% | 0.64% | 0.42% |
 ALVAllianz SE (Registered) | 0.40% | 0.56% | 0.40% |
 SAPSAP SE | 0.40% | 0.59% | 0.40% |
 SUSchneider Electric SE | 0.40% | 0.57% | 0.40% |
 TTETotalEnergies SE EUR2.5 | 0.39% | 0.51% | 0.39% |
 ENRSiemens Energy AG | 0.37% | 0.37% | 0.37% |
 ABBNABB Ltd. (Registered) | 0.37% | 0.48% | 0.37% |
 IBEIberdrola SA | 0.36% | 0.44% | 0.36% |
 SHOPShopify, Inc., Class A | 0.35% | 0.53% | 0.35% |
 UBSGUBS Group AG (Registered) | 0.32% | 0.50% | 0.32% |
Showing the top 250 of 1893 shared holdings by overlap weight.
Frequently Asked Questions
How much do VXUS and SPDW overlap?
VXUS and SPDW overlap by 63.2% of portfolio weight. They share 1893 holdings (VXUS holds 8752 positions and SPDW holds 2342), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VXUS and SPDW?
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 VXUS and SPDW?
The largest positions held by both funds are ASML, 000660, HSBA, ROP and AZN. Together the top 10 shared positions account for 12% of the total overlap.
What does VXUS own that SPDW doesn't?
6859 positions (33.6% of VXUS) are unique to VXUS, led by TSMWF, 700 and 9988. In the other direction, 449 positions (6.1% of SPDW) are unique to SPDW.