ELCV vs AESR overlap

ELCV and AESR overlap 3.0% by weight, across 4 shared holdings.

ELCVAESR

Pick 2 to 4 ETFs.

3.0%

overlap by weight, across 4 shared holdings

ELCV10.1% of the fund is in shared holdings, of 46

AESR3.0% of the fund is in shared holdings, of 31

Top shared holdings

Holding	ELCV	AESR	Overlap
Royalty Pharma-aRPRX	3.73%	0.79%	0.79%
Quanta ServicesPWR	1.12%	0.78%	0.78%
Targa ResourcesTRGP	2.71%	0.77%	0.77%
Caterpillar Inc.CAT	2.58%	0.67%	0.67%

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: ELCV, SEC Form N-PORT, July 31, 2026; AESR, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 72 holding any

ELCV0.4% of its 13F dollars, 3.1% of its 65 holders

AESR96.2% of its 13F dollars, 22.2% of its 9 holders

Largest institutions holding both

Firm	ELCV	AESR
Foundations Investment Advisors, LLC	$563K	$194.8M
Royal Bank of Canada	$259K	$242K

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: ELCV institutional holders, AESR institutional holders.

Frequently asked questions

How much do ELCV and AESR overlap?

3.0% by weight, with 4 holdings in common, using holdings for ELCV as of July 31, 2026 and AESR as of July 31, 2026. The largest shared position is RPRX.

Do institutions hold both ELCV and AESR?

2 Form 13F filers report positions in both, out of 72 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%.