SPDW vs EFA overlap
SPDW and EFA overlap 68.1% by weight, across 660 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | SPDW | EFA | Overlap |
|---|---|---|---|
| ASML Holding NVASML | 2.28% | 2.90% | 2.28% |
| HSBC Holdings PLHSBA | 0.97% | 1.66% | 0.97% |
| Astrazeneca PLCAZN | 0.87% | 1.17% | 0.87% |
| Roper TechnologiROP | 0.86% | 1.39% | 0.86% |
| Novartis AG-REGNOVN | 0.86% | 1.30% | 0.86% |
| Nestle SA-REGNESN | 0.80% | 1.17% | 0.80% |
| Mitsubishi UFJ F8306 | 0.72% | 1.08% | 0.72% |
| Siemens AG-REGSIE | 0.70% | 1.10% | 0.70% |
| Shell PLCSHELL | 0.68% | 1.17% | 0.68% |
| Tokyo Electron8035 | 0.67% | 0.68% | 0.67% |
| BHP Group Ltd.BHP | 0.63% | 0.97% | 0.63% |
| Toyota Motor7203 | 0.61% | 0.81% | 0.61% |
| Banco SantanderSAN | 0.60% | 0.93% | 0.60% |
| Commonw BK AustrCBA | 0.57% | 0.95% | 0.57% |
| Schneider ElectrSBGSF | 0.55% | 0.84% | 0.55% |
Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: SPDW, SEC Form N-PORT, June 30, 2026; EFA, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | SPDW | EFA |
|---|---|---|
| BlackRock, Inc. | $88.4M | $9.8B |
| Creative Planning | $7.3B | $211.9M |
| Bank of America Corp. | $233.1M | $4.2B |
| Morgan Stanley | $691.6M | $3.2B |
| Goldman Sachs Group Inc. | $27.9M | $3.4B |
| Financial Engines Advisors L.L.C. | $2.6B | $163.7M |
| LPL Financial LLC | $2.0B | $588.8M |
| Northern Trust Corp. | $2.0M | $2.2B |
| JPMorgan Chase & Co | $99.2M | $2.1B |
| Wells Fargo & Company | $101.8M | $1.7B |
| UBS Group AG | $448.4M | $1.3B |
| Royal Bank of Canada | $87.6M | $1.1B |
| Envestnet Asset Management Inc. | $422.0M | $756.8M |
| Allworth Financial LP | $1.1B | $12.2M |
| FMR LLC | $15.2M | $883.1M |
This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.
Who owns them: SPDW institutional holders, EFA institutional holders.
Frequently asked questions
How much do SPDW and EFA overlap?
68.1% by weight, with 660 holdings in common, using holdings for SPDW as of June 30, 2026 and EFA as of July 31, 2026. The largest shared position is ASML.
Do institutions hold both SPDW and EFA?
771 Form 13F filers report positions in both, out of 2,725 that report either one.
How is overlap by weight worked out?
For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.