FCTR vs AMAX overlap

FCTR and AMAX overlap 1.0% by weight, across 1 shared holdings.

FCTRAMAX

Pick 2 to 4 ETFs.

1.0%

overlap by weight, across 1 shared holdings

FCTR1.0% of the fund is in shared holdings, of 165

AMAX7.3% of the fund is in shared holdings, of 15

Top shared holdings

Holding	FCTR	AMAX	Overlap
Strategy Inc.MSTR	0.97%	7.33%	0.97%

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: FCTR, SEC Form N-PORT, June 30, 2026; AMAX, SEC Form N-PORT, May 31, 2026.

institutions report holding both, of 42 holding any

FCTR15.0% of its 13F dollars, 23.1% of its 26 holders

AMAX33.3% of its 13F dollars, 27.3% of its 22 holders

Largest institutions holding both

Firm	FCTR	AMAX
LPL Financial LLC	$4.7M	$11.1M
Osaic Holdings, Inc.	$226K	$2.7M
Raymond James Financial Inc.	$365K	$1.0M
Jane Street Group, LLC	$655K	$324K
Morgan Stanley	$593K	$10
Atria Investments, Inc	$366K	$83K

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: FCTR institutional holders, AMAX institutional holders.

Frequently asked questions

How much do FCTR and AMAX overlap?

1.0% by weight, with 1 holdings in common, using holdings for FCTR as of June 30, 2026 and AMAX as of May 31, 2026. The largest shared position is MSTR.

Do institutions hold both FCTR and AMAX?

6 Form 13F filers report positions in both, out of 42 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%.