DEW vs DAX overlap
DEW and DAX overlap 1.6% by weight, across 6 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | DEW | DAX | Overlap |
|---|---|---|---|
| Allianz SE-REGALIZF | 0.69% | 9.41% | 0.69% |
| DHL GroupDHL | 0.33% | 3.13% | 0.33% |
| BASF SEBAS | 0.23% | 2.57% | 0.23% |
| Daimler Truck HODTG | 0.19% | 1.45% | 0.19% |
| BMW AGBMW | 0.17% | 0.95% | 0.17% |
| Vonovia SEVNA | 0.06% | 0.88% | 0.06% |
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: DEW, SEC Form N-PORT, June 30, 2026; DAX, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | DEW | DAX |
|---|---|---|
| LPL Financial LLC | $9.5M | $3.6M |
| Morgan Stanley | $4.7M | $46K |
| Bank of America Corp. | $2.6M | $1.7M |
| UBS Group AG | $2.2M | $37K |
| Royal Bank of Canada | $198K | $1.2M |
| Jane Street Group, LLC | $223K | $647K |
| Wells Fargo & Company | $608K | $6K |
| Parallel Advisors, LLC | $113K | $336K |
| Osaic Holdings, Inc. | $123K | $309K |
| SBI Securities Co., Ltd. | $260K | $9K |
| Rockefeller Capital Management L.P. | $239K | $10K |
| FMR LLC | $77K | $156K |
| Bank of Montreal | $82K | $65K |
| Fifth Third Bancorp | $89K | $10K |
| AE Wealth Management LLC | $5K | $75K |
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: DEW institutional holders, DAX institutional holders.
Frequently asked questions
How much do DEW and DAX overlap?
1.6% by weight, with 6 holdings in common, using holdings for DEW as of June 30, 2026 and DAX as of July 31, 2026. The largest shared position is ALIZF.
Do institutions hold both DEW and DAX?
15 Form 13F filers report positions in both, out of 80 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%.