SPDR MSCI Emerging Markets UCITS ETF vs SPDR MSCI ACWI UCITS ETF (Acc): how much do they overlap?
SPDR MSCI Emerging Markets UCITS ETF (SPYM) and SPDR MSCI ACWI UCITS ETF (Acc) (SPYY) have a 11.71% holdings overlap. 98.58% of SPYM's holdings by weight are also held by SPYY, and 11.8% the other way. They share 998 securities. Computed from the funds' published holdings.
SPDR MSCI Emerging Markets UCITS ETF vs SPDR MSCI ACWI UCITS ETF (Acc): what’s the difference?
Side by side, from issuer data
Both SPYM and SPYY are broad, low-cost index ETFs, so they hold many of the same companies — their holdings overlap 11.71% by weight. The table below puts their key facts side by side: issuer, ongoing cost (TER), domicile, replication method, and whether they reinvest dividends (accumulating) or pay them out (distributing).
| Metric | SPYM | SPYY |
|---|---|---|
| Issuer | SPDR | SPDR |
| TER (ongoing cost) | 0.42% | 0.40% |
| Domicile | IE | IE |
| Replication | physical | physical |
| Dividends | — | Accumulating |
Top shared holdings
Securities held by both, by overlapping weight
| Holding | SPYM | SPYY |
|---|---|---|
| Taiwan Semiconductor Manufacturing Co. Ltd. | 15.37% | 1.83% |
| Samsung Electronics Co. Ltd. | 7.18% | 0.86% |
| SK hynix Inc. | 6.67% | 0.80% |
| Tencent Holdings Ltd | 3.08% | 0.37% |
| Alibaba Group Holding Limited | 1.92% | 0.23% |
| MediaTek Inc | 1.47% | 0.16% |
| Delta Electronics Inc. | 0.94% | 0.11% |
| Samsung Electronics Co Ltd Pfd Non-Voting | 0.82% | 0.10% |
| HDFC Bank Limited | 0.79% | 0.10% |
| Hon Hai Precision Industry Co. Ltd. | 0.75% | 0.09% |
| China Construction Bank Corporation Class H | 0.74% | 0.09% |
| SK Square Co. Ltd. | 0.67% | 0.08% |
| Reliance Industries Limited | 0.66% | 0.08% |
| ICICI Bank Limited | 0.62% | 0.08% |
| ASE Technology Holding Co. Ltd. | 0.59% | 0.07% |
| Bharti Airtel Limited | 0.43% | 0.06% |
| United Microelectronics Corp. | 0.46% | 0.06% |
| Xiaomi Corporation Class B | 0.46% | 0.06% |
| Netease Inc | 0.40% | 0.06% |
| Ping An Insurance (Group) Company of China Ltd. Class H | 0.36% | 0.06% |
| Emirates Telecommunications Group Company PJSC | 0.17% | 0.06% |
| Samsung Electro-Mechanics Co. Ltd | 0.47% | 0.06% |
| Industrial and Commercial Bank of China Limited Class H | 0.43% | 0.05% |
| FirstRand Limited | 0.25% | 0.05% |
| Vale S.A. | 0.41% | 0.05% |
Frequently asked questions
- How much do SPYM and SPYY overlap?
- SPDR MSCI Emerging Markets UCITS ETF (SPYM) and SPDR MSCI ACWI UCITS ETF (Acc) (SPYY) have a 11.71% holdings overlap. 98.58% of SPYM's holdings by weight are also held by SPYY, and 11.8% the other way. They share 998 securities. Computed from the funds' published holdings.
- Is SPYM the same as SPYY?
- No — SPDR MSCI Emerging Markets UCITS ETF (SPYM) and SPDR MSCI ACWI UCITS ETF (Acc) (SPYY) are separate funds, but their holdings overlap 11.71% by weight, and 98.58% of SPYM also sits inside SPYY. They are similar, not identical.
- Which is cheaper, SPYM or SPYY?
- SPYM has an ongoing charge (TER) of 0.42% per year and SPYY 0.40%. SPYY is the cheaper of the two at 0.40% per year.
- Should you hold both SPYM and SPYY?
- Holding both means owning the shared 11.71% twice. The higher the overlap, the less diversification a second fund adds — at 11.71% these two are largely the same bet, so most investors pick one as their core rather than holding both.
Compare any two ETFs
Pick a different pair and see the full shared-holdings breakdown.
Overlap = the sum, across securities held by both funds, of the smaller of the two weights (the standard ETF-overlap definition). Figures derive from each issuer's published holdings. Methodology.