VEA vs SPDW overlap
VEA and SPDW overlap 87.7% by weight, across 2,217 shared holdings.
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Top shared holdings
| Holding | VEA | SPDW | Overlap |
|---|---|---|---|
| SK Hynix Inc.000660 | 3.02% | 2.79% | 2.79% |
| ASML Holding NVASML | 2.36% | 2.28% | 2.28% |
| HSBC Holdings PLHSBA | 1.00% | 0.97% | 0.97% |
| Astrazeneca PLCAZN | 0.87% | 0.87% | 0.87% |
| Roper TechnologiROP | 0.89% | 0.86% | 0.86% |
| Royal Bank of CARY | 0.90% | 0.86% | 0.86% |
| Novartis AG-REGNOVN | 0.90% | 0.86% | 0.86% |
| Nestle SA-REGNESN | 0.82% | 0.80% | 0.80% |
| Siemens AG-REGSIE | 0.73% | 0.70% | 0.70% |
| Shell PLCSHELL | 0.67% | 0.68% | 0.67% |
| Mitsubishi UFJ F8306 | 0.67% | 0.72% | 0.67% |
| Tokyo Electron8035 | 0.66% | 0.67% | 0.66% |
| BHP Group Ltd.BHP | 0.65% | 0.63% | 0.63% |
| Banco SantanderSAN | 0.62% | 0.60% | 0.60% |
| Toronto-DOM BankTD | 0.63% | 0.60% | 0.60% |
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: VEA, SEC Form N-PORT, June 30, 2026; SPDW, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | VEA | SPDW |
|---|---|---|
| Creative Planning | $8.3B | $7.3B |
| Bank of America Corp. | $14.4B | $233.1M |
| Betterment LLC | $9.9B | $403.3M |
| Envestnet Asset Management Inc. | $6.3B | $422.0M |
| Morgan Stanley | $5.2B | $691.6M |
| Northwestern Mutual Wealth Management Co | $4.8B | $146.1M |
| Wells Fargo & Company | $4.1B | $101.8M |
| Wealthfront Advisers LLC | $4.1B | $808K |
| Jones Financial Companies LLLP | $4.0B | $13.1M |
| LPL Financial LLC | $2.0B | $2.0B |
| Northern Trust Corp. | $3.8B | $2.0M |
| Royal Bank of Canada | $3.3B | $87.6M |
| Mariner, LLC | $2.6B | $209.9M |
| UBS Group AG | $2.2B | $448.4M |
| Financial Engines Advisors L.L.C. | $16.5M | $2.6B |
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: VEA institutional holders, SPDW institutional holders.
Frequently asked questions
How much do VEA and SPDW overlap?
87.7% by weight, with 2,217 holdings in common, using holdings for VEA as of June 30, 2026 and SPDW as of June 30, 2026. The largest shared position is 000660.
Do institutions hold both VEA and SPDW?
976 Form 13F filers report positions in both, out of 3,252 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%.