EMM vs CARZ overlap

EMM and CARZ overlap 9.5% by weight, across 2 shared holdings.

EMMCARZ

Pick 2 to 4 ETFs.

9.5%

overlap by weight, across 2 shared holdings

EMM13.5% of the fund is in shared holdings, of 42

CARZ9.5% of the fund is in shared holdings, of 100

Top shared holdings

Holding	EMM	CARZ	Overlap
Samsung Electron005930	6.95%	5.20%	5.20%
Taiwan Semic-ADRTSM	6.53%	4.34%	4.34%

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: EMM, SEC Form N-PORT, May 31, 2026; CARZ, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 45 holding any

EMM69.1% of its 13F dollars, 55.0% of its 20 holders

CARZ46.0% of its 13F dollars, 30.6% of its 36 holders

Largest institutions holding both

Firm	EMM	CARZ
LPL Financial LLC	$5.3M	$5.5M
Jane Street Group, LLC	$3.4M	$1.1M
Old Mission Capital LLC	$3.1M	$679K
Susquehanna International Group, LLP	$730K	$1.9M
NewEdge Advisors, LLC	$1.8M	$119
Raymond James Financial Inc.	$872K	$345K
Cetera Investment Advisers	$337K	$792K
Citadel Advisors LLC	$623K	$206K
Morgan Stanley	$226K	$244K
Osaic Holdings, Inc.	$90K	$272K
UBS Group AG	$136K	$3K

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: EMM institutional holders, CARZ institutional holders.

Frequently asked questions

How much do EMM and CARZ overlap?

9.5% by weight, with 2 holdings in common, using holdings for EMM as of May 31, 2026 and CARZ as of June 30, 2026. The largest shared position is 005930.

Do institutions hold both EMM and CARZ?

11 Form 13F filers report positions in both, out of 45 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%.