CLIP vs AVIG overlap
CLIP and AVIG overlap 9.7% by weight, across 10 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | CLIP | AVIG | Overlap |
|---|---|---|---|
| B 0 06/16/26B | 4.22% | 1.34% | 1.34% |
| U.S. Treasury BillsB | 3.50% | 1.34% | 1.34% |
| Treasury BillB | 6.30% | 1.33% | 1.33% |
| Treasury BillB | 3.57% | 1.33% | 1.33% |
| United States Treasury BillB | 3.11% | 1.17% | 1.17% |
| Treasury BillB | 9.54% | 1.07% | 1.07% |
| U.S. Treasury BillsB | 5.14% | 0.80% | 0.80% |
| B 0 06/11/26B | 4.90% | 0.53% | 0.53% |
| U.S. Treasury BillsB | 5.39% | 0.48% | 0.48% |
| Treasury BillB | 3.45% | 0.27% | 0.27% |
Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: CLIP, SEC Form N-PORT, May 31, 2026; AVIG, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | CLIP | AVIG |
|---|---|---|
| AE Wealth Management LLC | $27K | $270.3M |
| LPL Financial LLC | $191.6M | $33.6M |
| Morgan Stanley | $40K | $116.1M |
| Envestnet Asset Management Inc. | $6.5M | $85.6M |
| Janney Montgomery Scott LLC | $329K | $60.2M |
| Raymond James Financial Inc. | $21.2M | $27.0M |
| Cambridge Investment Research Advisors, Inc. | $30.5M | $9.0M |
| RHL Group, LLC | $38.8M | $127K |
| Royal Bank of Canada | $8.0M | $21.8M |
| Truist Financial Corp. | $6.6M | $17.3M |
| Creative Planning | $378K | $21.6M |
| Osaic Holdings, Inc. | $11.6M | $4.0M |
| Goldman Sachs Group Inc. | $13.3M | $2.1M |
| Commonwealth Equity Services, LLC | $3.9M | $9.8M |
| CreativeOne Wealth, LLC | $12.3M | $504K |
This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.
Who owns them: CLIP institutional holders, AVIG institutional holders.
Frequently asked questions
How much do CLIP and AVIG overlap?
9.7% by weight, with 10 holdings in common, using holdings for CLIP as of May 31, 2026 and AVIG as of May 31, 2026. The largest shared position is B.
Do institutions hold both CLIP and AVIG?
37 Form 13F filers report positions in both, out of 302 that report either one.
How is overlap by weight worked out?
For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.