FEM vs AIA overlap

FEM and AIA overlap 3.8% by weight, across 5 shared holdings.

FEMAIA

Pick 2 to 4 ETFs.

3.8%

overlap by weight, across 5 shared holdings

FEM3.8% of the fund is in shared holdings, of 151

AIA29.8% of the fund is in shared holdings, of 53

Top shared holdings

Holding	FEM	AIA	Overlap
ASE Technology H3711	1.27%	1.57%	1.27%
Delta ELEC2308	1.16%	2.40%	1.16%
UMC2303	0.60%	1.26%	0.60%
Petrochina-H857	0.48%	0.45%	0.45%
TSMC2330	0.28%	24.09%	0.28%

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: FEM, SEC Form N-PORT, June 30, 2026; AIA, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 241 holding any

FEM72.5% of its 13F dollars, 32.0% of its 153 holders

AIA51.0% of its 13F dollars, 35.8% of its 137 holders

Largest institutions holding both

Firm	FEM	AIA
Morgan Stanley	$96.1M	$31.8M
LPL Financial LLC	$72.3M	$11.3M
Jane Street Group, LLC	$1.3M	$66.1M
Bank of America Corp.	$42.3M	$18.7M
Old Mission Capital LLC	$2.8M	$55.4M
Wells Fargo & Company	$47.1M	$9.3M
Susquehanna International Group, LLP	$445K	$46.0M
Cambridge Investment Research Advisors, Inc.	$23.2M	$13.6M
Royal Bank of Canada	$25.8M	$4.7M
Envestnet Asset Management Inc.	$28.0M	$2.1M
UBS Group AG	$20.7M	$8.3M
Raymond James Financial Inc.	$18.6M	$4.0M
Cetera Investment Advisers	$11.5M	$659K
Assetmark, Inc.	$11.4M	$134K
Citadel Advisors LLC	$1.7M	$8.5M

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: FEM institutional holders, AIA institutional holders.

Frequently asked questions

How much do FEM and AIA overlap?

3.8% by weight, with 5 holdings in common, using holdings for FEM as of June 30, 2026 and AIA as of June 30, 2026. The largest shared position is 3711.

Do institutions hold both FEM and AIA?

49 Form 13F filers report positions in both, out of 241 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%.