EWL vs DDWM overlap
EWL and DDWM overlap 7.3% by weight, across 33 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | EWL | DDWM | Overlap |
|---|---|---|---|
| Novartis AG-REGNOVN | 13.56% | 1.20% | 1.20% |
| Nestle SA-REGNESN | 12.34% | 1.18% | 1.18% |
| Roper TechnologiROP | 14.03% | 1.06% | 1.06% |
| ABB Ltd.-REGABBN | 5.41% | 0.55% | 0.55% |
| Zurich InsuranceZURN | 4.44% | 0.47% | 0.47% |
| CIE Financi-REGCFRHF | 4.78% | 0.31% | 0.31% |
| UBS Group AGUBS | 5.13% | 0.30% | 0.30% |
| Holcim Ltd.HCMLF | 2.64% | 0.18% | 0.18% |
| VAT Group AGVACN | 1.37% | 0.17% | 0.17% |
| Swisscom AG-REGSCMN | 1.29% | 0.15% | 0.15% |
| Kuehne & Nagel-RKNIN | 0.76% | 0.15% | 0.15% |
| Roche Holding-BRRO | 0.39% | 0.14% | 0.14% |
| Sandoz Group AGSDZ | 1.93% | 0.12% | 0.12% |
| SGS SA-REGSGSN | 1.10% | 0.11% | 0.11% |
| Swiss RE AGSREN | 2.32% | 0.10% | 0.10% |
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: EWL, SEC Form N-PORT, May 31, 2026; DDWM, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | EWL | DDWM |
|---|---|---|
| LPL Financial LLC | $11.3M | $183.8M |
| Bank of America Corp. | $137.4M | $49.6M |
| Morgan Stanley | $75.8M | $109.5M |
| UBS Group AG | $65.8M | $36.7M |
| Raymond James Financial Inc. | $853K | $70.3M |
| Lido Advisors, LLC | $21.2M | $20.3M |
| Envestnet Asset Management Inc. | $3.7M | $34.7M |
| Cetera Investment Advisers | $842K | $36.7M |
| Steward Partners Investment Advisory, LLC | $1.6M | $32.5M |
| MML Investors Services, LLC | $1.3M | $30.9M |
| Cambridge Investment Research Advisors, Inc. | $408K | $31.0M |
| JPMorgan Chase & Co | $24.9M | $298K |
| Jane Street Group, LLC | $7.9M | $12.7M |
| Wells Fargo & Company | $8.4M | $812K |
| Kestra Advisory Services, LLC | $442K | $7.3M |
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: EWL institutional holders, DDWM institutional holders.
Frequently asked questions
How much do EWL and DDWM overlap?
7.3% by weight, with 33 holdings in common, using holdings for EWL as of May 31, 2026 and DDWM as of June 30, 2026. The largest shared position is NOVN.
Do institutions hold both EWL and DDWM?
51 Form 13F filers report positions in both, out of 288 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%.