FEDM vs DAX overlap
FEDM and DAX overlap 7.8% by weight, across 13 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | FEDM | DAX | Overlap |
|---|---|---|---|
| Siemens AG-REGSIE | 1.63% | 11.87% | 1.63% |
| SAP SESAPGF | 1.17% | 9.12% | 1.17% |
| Allianz SE-REGALIZF | 1.08% | 9.41% | 1.08% |
| Siemens Energy aENR | 0.89% | 6.86% | 0.89% |
| Deutsche TelekomDTE | 0.64% | 5.30% | 0.64% |
| DHL GroupDHL | 0.63% | 3.13% | 0.63% |
| Deutsche BoerseDB1 | 0.36% | 2.80% | 0.36% |
| Mercedes-BENZ GRDAI | 0.33% | 1.92% | 0.33% |
| Muenchener RUE-RMUV2 | 0.30% | 3.79% | 0.30% |
| Siemens HealthinSHL | 0.28% | 0.78% | 0.28% |
| Symrise AGSY1 | 0.27% | 0.68% | 0.27% |
| GEA Group AGG1A | 0.21% | 0.51% | 0.21% |
| Daimler Truck HODTG | 0.06% | 1.45% | 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: FEDM, SEC Form N-PORT, July 31, 2026; DAX, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | FEDM | DAX |
|---|---|---|
| Flow Traders U.S. LLC | $1.7M | $6.4M |
| Jane Street Group, LLC | $495K | $647K |
| FMR LLC | $7K | $156K |
| Morgan Stanley | $107 | $46K |
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: FEDM institutional holders, DAX institutional holders.
Frequently asked questions
How much do FEDM and DAX overlap?
7.8% by weight, with 13 holdings in common, using holdings for FEDM as of July 31, 2026 and DAX as of July 31, 2026. The largest shared position is SIE.
Do institutions hold both FEDM and DAX?
4 Form 13F filers report positions in both, out of 54 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%.