VEU vs SPDW overlap
VEU and SPDW overlap 69.3% by weight, across 1,385 shared holdings.
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Top shared holdings
| Holding | VEU | SPDW | Overlap |
|---|---|---|---|
| ASML Holding NVASML | 1.58% | 2.28% | 1.58% |
| SK Hynix Inc.000660 | 1.56% | 2.79% | 1.56% |
| HSBC Holdings PLHSBA | 0.91% | 0.97% | 0.91% |
| Roper TechnologiROP | 0.76% | 0.86% | 0.76% |
| Royal Bank of CARY | 0.73% | 0.86% | 0.73% |
| Novartis AG-REGNOVN | 0.72% | 0.86% | 0.72% |
| Nestle SA-REGNESN | 0.64% | 0.80% | 0.64% |
| Shell PLCSHELL | 0.64% | 0.68% | 0.64% |
| Astrazeneca PLCAZN | 0.63% | 0.87% | 0.63% |
| Mitsubishi UFJ F8306 | 0.60% | 0.72% | 0.60% |
| Siemens AG-REGSIE | 0.60% | 0.70% | 0.60% |
| BHP Group Ltd.BHP | 0.53% | 0.63% | 0.53% |
| Commonw BK AustrCBA | 0.52% | 0.57% | 0.52% |
| Banco SantanderSAN | 0.51% | 0.60% | 0.51% |
| Toyota Motor7203 | 0.50% | 0.61% | 0.50% |
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: VEU, SEC Form N-PORT, July 31, 2026; SPDW, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | VEU | SPDW |
|---|---|---|
| Creative Planning | $125.4M | $7.3B |
| Bank of America Corp. | $2.9B | $233.1M |
| Morgan Stanley | $2.0B | $691.6M |
| Financial Engines Advisors L.L.C. | $11.8M | $2.6B |
| LPL Financial LLC | $335.2M | $2.0B |
| Northern Trust Corp. | $1.5B | $2.0M |
| Envestnet Asset Management Inc. | $920.7M | $422.0M |
| UBS Group AG | $741.0M | $448.4M |
| Allworth Financial LP | $23.7M | $1.1B |
| Jane Street Group, LLC | $353.8M | $542.0M |
| Wells Fargo & Company | $782.6M | $101.8M |
| Raymond James Financial Inc. | $505.7M | $210.7M |
| PNC Financial Services Group, Inc. | $701.6M | $3.7M |
| Forvis Mazars Wealth Advisors, LLC | $640.5M | $1.3M |
| TIAA-CREF Individual & Institutional Services, LLC | $5.8M | $613.3M |
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: VEU institutional holders, SPDW institutional holders.
Frequently asked questions
How much do VEU and SPDW overlap?
69.3% by weight, with 1,385 holdings in common, using holdings for VEU as of July 31, 2026 and SPDW as of June 30, 2026. The largest shared position is ASML.
Do institutions hold both VEU and SPDW?
654 Form 13F filers report positions in both, out of 2,201 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%.