PlainIndex
Menu

ETF comparison

CWI vs VEU

Both International Total.

State Street SPDR MSCI ACWI ex-US ETF · Vanguard FTSE All-World ex-US Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
68.8 %

1,072 positions appear in both funds. Buying equal dollars of CWI and VEU would leave roughly 68.8% of each dollar exposed to the same underlying securities.

CWI only 30.3% Shared 68.8% VEU only 29.3%
In CWI only
36 positions
Shared
1,072 positions
In VEU only
2,778 positions

Side by side

CWI

State Street SPDR MSCI ACWI ex-US ETF

State Street · International Total

76 composite / 100
Expense ratio
0.30%
Net assets
$2.78B
TTM yield
2.71%
Top-10 conc.
16.3%
VEU

Vanguard FTSE All-World ex-US Index Fund ETF Shares

Vanguard · International Total

93 composite / 100
Expense ratio
0.040%
Net assets
$94.56B
TTM yield
2.55%
Top-10 conc.
13.7%

Sub-score comparison

70
Cost
96
78
Tax efficiency
78
76
Liquidity
100
91
Concentration
95
—
Tracking quality
—
CWI sub-score VEU

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

VEU is 26 bps cheaper than CWI. On a $100,000 position that's about $260/yr more in fees for CWI.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with CWI vs VEU.

Top shared holdings

1,072 shared in total
# Holding In CWI In VEU Overlap
1 ASML Holding NV 1.57% 1.43% 1.43%
2 Tencent Holdings Ltd 1.13% 0.96% 0.96%
3 SK hynix Inc 0.86% 1.23% 0.86%
4 HSBC Holdings PLC 0.93% 0.80% 0.80%
5 Alibaba Group Holding Ltd 0.75% 0.75% 0.75%
6 Roche Holding AG 0.88% 0.73% 0.73%
7 AstraZeneca PLC 0.89% 0.72% 0.72%
8 Novartis AG 0.89% 0.72% 0.72%
9 Nestle SA 0.80% 0.66% 0.66%
10 Shell PLC 0.95% 0.66% 0.66%
11 Royal Bank of Canada 0.83% 0.64% 0.64%
12 Siemens AG 0.58% 0.56% 0.56%

Only in CWI

36 total
  • Samsung Electronics Co Ltd 1.73%
  • Reliance Industries Ltd 0.29%
  • Hon Hai Precision Industry Co Ltd 0.24%
  • Spotify Technology SA 0.23%
  • ICICI Bank Ltd 0.19%
  • Vale SA 0.17%
  • NU Holdings Ltd/Cayman Islands 0.14%
  • Credicorp Ltd 0.12%
  • Teva Pharmaceutical Industries Ltd 0.10%
  • Sea Ltd 0.09%

Only in VEU

2,778 total
  • Taiwan Semiconductor Manufacturing Co Ltd 4.28%
  • Samsung Electronics Co Ltd 1.81%
  • Reliance Industries Ltd 0.26%
  • Hon Hai Precision Industry Co Ltd 0.22%
  • Air Liquide SA 0.19%
  • ICICI Bank Ltd 0.18%
  • L'Oreal SA 0.17%
  • Kioxia Holdings Corp 0.11%
  • Waste Connections Inc 0.11%
  • Teva Pharmaceutical Industries Ltd 0.10%

Open CWI or VEU at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.