SPEM vs VWO
State Street SPDR Portfolio Emerging Markets ETF against Vanguard FTSE Emerging Markets ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
71%
2153 shared positions
Fee gap
1 bp
VWO is cheaper
1-year return gap
1.1 pts
SPEM is ahead
Larger fund
VWO
$123.1B
Side by side
| SPEM | VWO | |
|---|---|---|
| Fund | State Street SPDR Portfolio Emerging Markets ETF | Vanguard FTSE Emerging Markets ETF |
| Issuer | State Street SPDR | Vanguard |
| Category | Emerging Markets | Emerging Markets |
| Expense ratio | 0.07% | 0.06% |
| Assets | $16.9B | $123.1B |
| Average daily dollar volume | $85M | $420M |
| Listed | Mar 19, 2007 | Mar 4, 2005 |
| FrenzyCap score | 93 | 92 |
| 1-month return | −4.7% | −4.7% |
| 3-month return | −0.4% | −0.9% |
| Year to date | +8.8% | +8.3% |
| 1-year return | +8.2% | +7.1% |
| 30-day volatility | 15.1% | 14.9% |
| Worst drawdown, 1 year | −11.4% | −11.2% |
| Trailing 12-month yield | 2.55% | 2.09% |
| Holdings | 2,767 | 5,102 |
| Top 10 weight | 25.7% | 27.3% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | −$277M thru Jun 2026 | +$2.2B thru Jul 2026 |
| 30-day implied volatility | 38.5% | 17.5% |
| Holdings as of | as of Oct 19, 2026issuer data | as of Sep 30, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
89% of SPEM · 81% of VWO| Holding | SPEM | VWO |
|---|---|---|
| TAIWAN SEMICONDUCTOR MANUFAC | 14.29% | 15.76% |
| TENCENT HOLDINGS LTD | 2.62% | 2.82% |
| ALIBABA GROUP HOLDING LTD | 2.15% | 2.11% |
| MEDIATEK INC | 1.68% | 1.88% |
| CHINA CONSTRUCTION BANK H | 1.00% | 0.91% |
| DELTA ELECTRONICS INC | 0.86% | 0.95% |
| HON HAI PRECISION INDUSTRY | 0.84% | 0.80% |
| HDFC BANK LIMITED | 0.75% | 0.70% |
| ASE TECHNOLOGY HOLDING CO LT | 0.70% | 0.61% |
| IND + COMM BK OF CHINA H | 0.59% | 0.65% |
| PDD | 0.50% | 0.50% |
| BHARTI AIRTEL LTD | 0.54% | 0.47% |
| XIAOMI CORP CLASS B | 0.48% | 0.46% |
| BANK OF CHINA LTD H | 0.52% | 0.43% |
| AL RAJHI BANK | 0.42% | 0.41% |
| MEITUAN CLASS B | 0.40% | 0.41% |
| UNIMICRON TECHNOLOGY CORP | 0.43% | 0.40% |
| ELITE MATERIAL CO LTD | 0.38% | 0.37% |
| NETEASE INC | 0.41% | 0.36% |
| PING AN INSURANCE GROUP CO H | 0.36% | 0.33% |
| FUBON FINANCIAL HOLDING CO | 0.48% | 0.33% |
| NAN YA PLASTICS CORP | 0.47% | 0.33% |
| CTBC FINANCIAL HOLDING CO LT | 0.57% | 0.31% |
| INFY | 0.39% | 0.31% |
| GRUPO MEXICO SAB DE CV SER B | 0.39% | 0.29% |
Sector mix of the stock holdings
| Sector | SPEM | VWO | Gap |
|---|---|---|---|
| Financials | 2.2% | 0.1% | +2.0% |
| Technology | 1.2% | 0.2% | +1.0% |
| Materials | 1.0% | 0.3% | +0.7% |
| Industrials | 0.6% | 0.6% | +0.0% |
| Energy | 0.8% | 0.0% | +0.8% |
| Consumer Discretionary | 0.4% | 0.1% | +0.3% |
| Utilities | 0.2% | 0.0% | +0.1% |
| Health Care | 0.2% | 0.0% | +0.1% |
| Consumer Staples | 0.1% | 0.0% | +0.1% |
| Communication Services | 0.1% | 0.0% | +0.1% |
| Real Estate | 0.1% | 0.0% | +0.1% |
More: full overlap table · SPEM holdings · VWO holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.