GMF holdings and overlap

State Street SPDR S&P Emerging Asia Pacific ETF (GMF) holds 1,301 positions in its SPDR file of 2026-10-27. Its three largest are Taiwan Semiconductor Manufac (2330.TW) at 9.78%, Taiwan Semiconductor Manufacturing (TSM) at 8.39% and Tencent Holdings Ltd (700.HK) at 3.11%, and its ten largest make up 31.2% of the fund.

In its SPDR file of 2026-10-27, GMF holds none of the mega-cap tech companies and none of the ten largest US companies by market value. By country, 42.1% of GMF is in Taiwan, 30.2% in China, 17.4% in India and 2.5% in Malaysia.

Edited by VoidLab Data through Last revised

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GMFState Street SPDR S&P Emerging Asia Pacific ETFAsia Pacific ex Japan, State Street SPDR, 1301 positions
Last close, 2026-10-28
$151.05 +0.96%
52-week range 132 to 161
Largest position
2330.TW
9.78% of the ETF, Taiwan Semiconductor Manufac
Positions
1301
31.2% in the ten largest
Cost per year
0.49%
$49 a year on $10,000
Assets
$0.4B
under management
Return, 3 years
+63.7%
cumulative, total return
Worst fall
-15.1%
peak to trough, 3 years, weekly closes

What does GMF hold, as of its issuer file of 2026-10-27?

GMF spreads its weight across 1301 positions, against a median of 76 across the 14 Asia Pacific ex Japan funds with a page here. The position GMF carries furthest above that group is Taiwan Semiconductor Manufacturing at 8.39% of the fund, a company the median fund in that group does not hold at all.

The 100 largest of the 1,301 positions in GMF's file; all 1,301 are in the fund's JSON file.
RankCompanyWeightWeight bar
1 2330.TW Taiwan Semiconductor Manufac 9.78%
2 TSM Taiwan Semiconductor Manufacturing 8.39%
3 700.HK Tencent Holdings Ltd 3.11%
4 9988.HK Alibaba Group Holding Ltd 2.43%
5 2454.TW Mediatek Inc 2.1%
6 939.HK China Construction Bank H 1.35%
7 2317.TW Hon Hai Precision Industry 1.23%
8 2308.TW Delta Electronics Inc 0.99%
9 IBN ICICI Bank Limited 0.92%
10 RIGD.GB Reliance Inds Spons GDR 144A 0.89%
11 3711.TW Ase Technology Holding Co LT 0.89%
12 HDFCB.IN HDFC Bank Limited 0.88%
13 1398.HK Ind + Comm BK of China H 0.87%
14 BHARTI.IN Bharti Airtel Ltd 0.69%
15 1303.TW Nan Ya Plastics Corp 0.66%
16 2891.TW CTBC Financial Holding Co LT 0.64%
17 2881.TW Fubon Financial Holding Co 0.63%
18 3988.HK Bank of China Ltd 0.63%
19 2885.TW Yuanta Financial Holding Co 0.61%
20 PDD PDD Holdings Inc 0.59%
21 2383.TW Elite Material Co Ltd 0.57%
22 UMC United Microelectron SP ADR 0.57%
23 3037.TW Unimicron Technology Corp 0.56%
24 1810.HK Xiaomi Corp 0.55%
25 2882.TW Cathay Financial Holding Co 0.51%
26 3690.HK Meituan 0.5%
27 INFY Infosys Ltd SP ADR 0.48%
28 2887.TW TS Financial Holding Co Ltd 0.48%
29 9999.HK Netease Inc 0.48%
30 2318.HK Ping An Insurance Group Co 0.44%
31 2890.TW Sinopac Financial Holdings 0.43%
32 3017.TW Asia Vital Components 0.42%
33 2899.HK Zijin Mining Group Co Ltd 0.41%
34 TCS.IN Tata Consultancy SVCS Ltd 0.38%
35 2327.TW Yageo Corporation 0.37%
36 2357.TW Asustek Computer Inc 0.36%
37 2883.TW Kgi Financial Holding Co Ltd 0.36%
38 1211.HK BYD Co Ltd 0.36%
39 AXSB.IN Axis Bank Ltd 0.35%
40 2345.TW Accton Technology Corp 0.35%
41 9618.HK JD.COM Inc 0.35%
42 2628.HK China Life Insurance Co 0.35%
43 DELTA.F.TH Delta Electronics Thai Forgn 0.34%
44 2382.TW Quanta Computer Inc 0.34%
45 MM.IN Mahindra + Mahindra Ltd 0.33%
46 KMB.IN Kotak Mahindra Bank Ltd 0.33%
47 1288.HK Agricultural Bank of China H 0.32%
48 6669.TW Wiwynn Corp 0.32%
49 LTOD Larsen + Toubro GDR Reg S 0.31%
50 2449.TW King Yuan Electronics Co Ltd 0.3%
51 3008.TW Largan Precision Co Ltd 0.29%
52 BAF.IN Bajaj Finance Ltd 0.29%
53 SBIN.IN State Bank of India 0.28%
54 992.HK Lenovo Group Ltd 0.28%
55 5274.TW Aspeed Technology Inc 0.28%
56 3044.TW Tripod Technology Corp 0.28%
57 2884.TW E.SUN Financial Holding Co 0.27%
58 LAURUS.IN Laurus Labs Ltd 0.27%
59 2886.TW Mega Financial Holding Co LT 0.27%
60 2360.TW Chroma Ate Inc 0.26%
61 1088.HK China Shenhua Energy Co 0.26%
62 ADSEZ.IN Adani Ports and Special Econ 0.26%
63 9888.HK Baidu Inc Class A HKD 0.25%
64 2379.TW Realtek Semiconductor Corp 0.24%
65 6160.HK Beone Medicines Ltd 0.24%
66 3968.HK China Merchants Bank H 0.24%
67 HCLT.IN HCL Technologies Ltd 0.24%
68 ETERNAL.IN Eternal Ltd 0.24%
69 SUNP.IN Sun Pharmaceutical Indus 0.24%
70 YUMC Yum China 0.24%
71 TVSL.IN TVS Motor Co Ltd 0.24%
72 6239.TW Powertech Technology Inc 0.24%
73 2880.TW Hua Nan Financial Holdings C 0.24%
74 HUVR.IN Hindustan Unilever Ltd 0.23%
75 2269.HK Wuxi Biologics Cayman Inc 0.23%
76 PBBANK.MY Public Bank Berhad 0.23%
77 9961.HK TRIP.COM Group Ltd 0.23%
78 3328.HK Bank of Communications Co 0.22%
79 600519.CN Kweichow Moutai Co Ltd 0.21%
80 2412.TW Chunghwa Telecom Co Ltd 0.21%
81 BHE.IN Bharat Electronics Ltd 0.21%
82 3231.TW Wistron Corp 0.21%
83 1326.TW Formosa Chemicals + Fibre 0.2%
84 1301.TW Formosa Plastics Corp 0.2%
85 2301.TW Lite on Technology Corp 0.2%
86 3034.TW Novatek Microelectronics Cor 0.19%
87 857.HK Petrochina Co Ltd 0.19%
88 2404.TW United Integrated Services 0.19%
89 PMETAL.MY Press Metal Aluminium Holdin 0.19%
90 BBRI.ID Bank Rakyat Indonesia Perser 0.18%
91 HNDL.IN Hindalco Industries Ltd 0.18%
92 2892.TW First Financial Holding Co 0.18%
93 YZJSGD.SG Yangzijiang Shipbuilding 0.17%
94 AUOTY Auo Corp Spon ADR 0.17%
95 BHEL.IN Bharat Heavy Electricals 0.17%
96 MSIL.IN Maruti Suzuki India Ltd 0.17%
97 BBCA.ID Bank Central Asia TBK PT 0.17%
98 MAYBANK.MY Malayan Banking BHD 0.17%
99 2324.TW Compal Electronics 0.17%
100 NTPC.IN NTPC Ltd 0.16%

The most recent file State Street SPDR has published for GMF is dated 2026-10-27, 1 day before these prices, which is the median for the State Street SPDR ETFs covered here. Every one of the 1301 positions GMF holds, with its weight, is in the fund's JSON file. See the other 41 ETFs with a page here that hold 2330.TW, and how their weights compare with the 9.78% GMF gives it.

Category: Asia Pacific ex Japan, set by TickerInside from the ETF's own latest file. In its file of 2026-10-27, 99% of its stocks with a known country are in Asia Pacific ex Japan. How categories are set.

Use this data
JSONhttps://tickerinside.com/api/v1/fund/gmf.json
CSVhttps://tickerinside.com/api/v1/fund/gmf.csv
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How much money went into or out of GMF?

On the close of Friday, October 23, 2026, GMF neither created nor redeemed shares. Over its last 5 closes, a net inflow of $0.

GMF's money flows on its last 14 closes, 30 Sep 2026 to 23 Oct 2026, largest outflow $16 million on 8 Oct 2026
2026-09-302026-10-23

From GMF's own holdings files. Every ETF's latest flows.

How is GMF split by sector and country?

A sector is found for 49.3% of GMF's stock weight, under the 50% from which this page states sector weights; the weights found are in the fund's JSON file.

CountryWeightWeight bar
Taiwan42.1%
China30.2%
India17.4%
Malaysia2.5%
Thailand2.0%
Hong Kong1.9%
United States1.6%
Indonesia1.1%
United Kingdom0.9%
Philippines0.4%
Other countries0.2%
No country found0.2%

From its SPDR file of 2026-10-27. How these are measured.

What did GMF hold in its SEC reports since 2019?

In GMF's SEC filings, its largest position went from Alibaba Group Holding SP ADR (BABA) at 6.06% on 2019-09-30 to Taiwan Semiconductor Manufacturing Company Ltd. (TSM) at 13.17% on 2026-06-30, across 28 quarterly reports.

Largest in 2019
BABA
6.06% on 2019-09-30
Largest in 2026
TSM
13.17% on 2026-06-30
Ten largest
31.8%
26.0% in 2019
Quarterly reports
28
since 2019, SEC Form N-PORT
ReportPositionsLargestTop 10
2019-09-301,136BABA 6.06%26.0%
2019-12-311,209BABA 6.98%27.1%
2020-12-311,315700.HK 6.82%29.6%
2021-12-311,333TSM 6.48%25.6%
2022-12-311,291TSM 5.05%23.1%
2023-12-311,281TSM 6.22%22.0%
2024-12-311,246TSM 9.70%25.9%
2025-12-311,253TSM 11.13%29.3%
2026-06-301,261TSM 13.17%31.8%

The first report, then the last of each year, of the 28 reports GMF filed on SEC Form N-PORT from 2019-09-30 to 2026-06-30, each company under its ticker today. Every position of every report is in its quarterly file, and at any date at /api/v1/history/gmf/{date}.json. How these are read.

What does GMF duplicate?

The ETF nearest to GMF is SPEM: the two hold 61.9% of their weight in common, in the 1014 companies both own, and 86.4% of GMF itself is also held there. Owning GMF alongside the ETFs at the top of this table means about half of the weight is held twice.

ETFOverlap by weightOf GMF held thereOf that ETF in GMFCompanies in bothOverlap bar
SPEM 61.9% 86.4% 68.9% 1014
EEMA 50.4% 59.3% 60.7% 414
SCHE 49.5% 66.6% 59.4% 702
EEMX 48.4% 67.2% 57.3% 466
VWO 47.6% 82.9% 55.8% 1042
AAXJ 45.6% 60.0% 55.2% 422
EEM 42.0% 59.9% 49.1% 425
HEEM 41.9% 59.9% 49.1% 425
PXH 41.9% 53.2% 63.8% 212
EMGF 40.9% 52.3% 46.8% 238
IEMG 40.3% 65.9% 45.3% 627
XSOE 38.2% 51.0% 47.0% 298

SCHE's holdings are from its SEC Form N-PORT for the period ended 2026-08-31, filed 2026-10-27. VWO's holdings are from its SEC Form N-PORT for the period ended 2026-07-31, filed 2026-09-28. XSOE's holdings are from its SEC Form N-PORT for the period ended 2026-06-30, filed 2026-08-31. The other ETFs' holdings are from their issuers' latest files. Check GMF against any ETF in the ETF overlap calculator · how overlap is measured.

What adds something different to GMF?

USRT shares 0% of weight with GMF and its weekly returns correlate with it at 0.31 over three years. The table lists the covered ETFs with the least in common with GMF, least shared weight first and, among equals, lowest correlation.

ETFNameOverlap by weightCorrelation, 3yCompanies in both
USRT iShares Core U.S. REIT ETF 0.0% 0.31 0
IYR iShares U.S. Real Estate ETF 0.0% 0.31 0
REET iShares Global REIT ETF 0.0% 0.38 0
USMV iShares MSCI USA Min Vol Factor ETF 0.0% 0.39 0
IJR iShares Core S&P Small-Cap ETF 0.0% 0.49 0
IJH iShares Core S&P Mid-Cap ETF 0.0% 0.57 0
SMMD iShares Russell 2500 ETF 0.0% 0.58 1
VLUE iShares MSCI USA Value Factor ETF 0.0% 0.62 0

Cost, returns and risk

Expense ratio0.49%
Dividend yield1.18%
Total return, 1 year8.3%
Total return, 3 years cumulative63.7%
Total return, 5 years cumulative34.0%
Volatility, annualised16.1%
Worst fall, 3 years-15.1%
Beta against SPY, 3 years of weekly returns0.81
Weight in the ten largest positions31.2%
Largest single position9.8%
Assets under management$0.4B

Expense ratio, yield and assets are reference data (the expense ratio from GMF's SEC filing of 2026-01-23); the weight in the ten largest positions and the largest single position are from the issuer file of 2026-10-27; every other figure is computed here from weekly closes.

How it moves with the market

AgainstCorrelation, 3 yearsCovariance, annualised, in percent squared
SPY0.70often in step155
QQQ0.70often in step219

Weekly total returns. What the bands mean · why the covariance is printed.

Year by year

YearTotal return
20269.3%
202522.0%
202416.5%
20238.2%
2022-19.0%

One year

GMF 110 SPY 116
2025-11-072026-10-30
GMF rebased to 100 a year ago, weekly closes, prices through 2026-10-28.

Where to go next

Holdings from the most recent file State Street SPDR has published, dated 2026-10-27. Prices through 2026-10-28. How every figure here is produced. Measurements, not investment advice.

Cite this page

TickerInside, State Street SPDR S&P Emerging Asia Pacific ETF (GMF), holdings from the issuer's file of 2026-10-27, https://tickerinside.com/etf/gmf/, CC BY 4.0

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