ZPDJ vs XM1D: Overlap, Cost & Holdings

State Street® SPDR® MSCI Japan UCITS ETF (ZPDJ) and Xtrackers MSCI Japan UCITS ETF 1d (XM1D) overlap by 98.5 % — the share of capital both funds put into the same companies. 151 names appear in both. Both track MSCI Japan; the question here is not overlap but what cost, construction and income treatment do differently.

The two funds

Data note 1

What both funds hold

The 15 largest shared positions, ranked by the weight both funds carry at once.

Shared holdings

#	Stock	ZPDJ	XM1D	both
1	Mitsubishi UFJ Financial Group Inc.	4.64 %	4.47 %	4.47 %
2	Tokyo Electron Ltd.	3.12 %	3.03 %	3.03 %
3	Advantest Corp.	3.09 %	2.99 %	2.99 %
4	Hitachi Ltd.	2.96 %	2.97 %	2.96 %
5	Sumitomo Mitsui Financial Group Inc.	2.96 %	2.88 %	2.88 %
6	Sony Group Corporation	2.54 %	2.62 %	2.54 %
7	Mizuho Financial Group Inc.	2.43 %	2.33 %	2.33 %
8	Keyence Corporation	1.91 %	1.91 %	1.91 %
9	Kioxia Holdings Corporation	1.91 %	1.80 %	1.80 %
10	Fast Retailing Co. Ltd.	1.73 %	1.80 %	1.73 %
11	Mitsubishi Corporation	1.71 %	1.75 %	1.71 %
12	Tokio Marine Holdings Inc.	1.60 %	1.65 %	1.60 %
13	Mitsubishi Heavy Industries Ltd.	1.60 %	1.53 %	1.53 %
14	Murata Manufacturing Co. Ltd.	1.58 %	1.41 %	1.41 %
15	Mitsui & Co.Ltd	1.36 %	1.38 %	1.36 %

Data note 2

More comparisons with these funds

• ZPDJ vs XMJP98.5 %
• WIND vs ZPDJ12.4 %