SPDW vs VEU: holdings overlap, shared companies and scores
As of September 11, 2026, SPDW and VEU overlap 68.0% by weight. State Street SPDR Portfolio Developed World ex-US ETF (SPDW): Owns a focused strategy. Vanguard FTSE All-World ex-US ETF (VEU): Non-U.S. equities.
Updated September 11, 2026
How much do SPDW and VEU overlap?
As of September 11, 2026, SPDW and VEU overlap 68.0% by weight.
90% of SPDW is already inside VEU.
72% of VEU is already inside SPDW.
SPDW holds 2,360 companies and VEU holds 3,741; 1,372 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score SPDW and VEU?
As of September 11, 2026, ETF Copilot scores SPDW 4.8 out of 10 and VEU 5.6 out of 10.
They differ most on Growth: SPDW 6.3 and VEU 8.0.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | SPDW | VEU |
|---|---|---|
| Growth | 6.3 | 8.0 |
| Valuation | 2.2 | 3.3 |
| Risk | 4.2 | 4.2 |
| Quality | 4.9 | 6.5 |
| Return | 5.5 | 5.0 |
SPDW is the cheaper of the two at 0.03% a year
As of September 11, 2026, SPDW charges 0.03% a year, yields 2.61% and holds $42.6B in assets across 2360 positions.
As of September 11, 2026, VEU charges 0.04% a year, yields 2.68% and holds $95.9B in assets across 3741 positions.
| Measure | SPDW | VEU |
|---|---|---|
| Expense ratio | 0.03% | 0.04% |
| Dividend yield | 2.61% | 2.68% |
| Assets under management | $42.6B | $95.9B |
| Holdings | 2360 | 3741 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Where SPDW and VEU trade against their own history
SPDW trades at 16.8 times earnings, against its own median of 13.9, and is more expensive than 93% of its own 114 monthly readings since 2017.
VEU trades at 16.2 times earnings, against its own median of 13.9, and is more expensive than 85% of its own 114 monthly readings since 2017.
What moved SPDW and VEU this week
SPDW fell 1.0% in the week to September 11, 2026. The holdings that moved it most were Novartis (−15.2%), Shopify (−11.5%) and Novo Nordisk A/S-B (−9.3%); SK Hynix (+14.8%) pushed the other way.
VEU fell 0.9% in the week to September 11, 2026. The holdings that moved it most were Novartis (−15.2%), Shopify (−11.5%) and Novo Nordisk A/S-B (−9.3%); SK Hynix (+14.8%) pushed the other way.
What do SPDW and VEU each hold?
What's inside SPDW: Tech 17%, Semiconductors 7%.
13% of SPDW is its ten largest holdings.
What's inside VEU: Tech 15%, Semiconductors 6%.
15% of VEU is its ten largest holdings.
Compare with similar funds
Cite this
ETF Copilot, “SPDW vs VEU holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/spdw-vs-veu
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