DAPP vs ADPV overlap

DAPP and ADPV overlap 4.1% by weight, across 1 shared holdings.

DAPPADPV

Pick 2 to 4 ETFs.

4.1%

overlap by weight, across 1 shared holdings

DAPP4.8% of the fund is in shared holdings, of 20

ADPV4.1% of the fund is in shared holdings, of 26

Top shared holdings

Holding	DAPP	ADPV	Overlap
Terawulf Inc.WULF	4.85%	4.13%	4.13%

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: DAPP, SEC Form N-PORT, June 30, 2026; ADPV, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 86 holding any

DAPP2.1% of its 13F dollars, 2.9% of its 70 holders

ADPV1.4% of its 13F dollars, 11.1% of its 18 holders

Largest institutions holding both

Firm	DAPP	ADPV
GTS Securities LLC	$3.4M	$2.2M
IFP Advisors, Inc	$1K	$118K

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: DAPP institutional holders, ADPV institutional holders.

Frequently asked questions

How much do DAPP and ADPV overlap?

4.1% by weight, with 1 holdings in common, using holdings for DAPP as of June 30, 2026 and ADPV as of July 31, 2026. The largest shared position is WULF.

Do institutions hold both DAPP and ADPV?

2 Form 13F filers report positions in both, out of 86 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%.