FID vs AFDM overlap
FID and AFDM overlap 6.6% by weight, across 11 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | FID | AFDM | Overlap |
|---|---|---|---|
| Allianz SE-REGALIZF | 1.19% | 1.68% | 1.19% |
| CAN Natural RESCNQ | 1.53% | 0.98% | 0.98% |
| APA GroupAPA | 2.05% | 0.83% | 0.83% |
| DHL GroupDHL | 1.23% | 0.81% | 0.81% |
| Nestle SA-REGNESN | 1.19% | 0.76% | 0.76% |
| Pembina PipelinePBA | 1.77% | 0.58% | 0.58% |
| Takeda Pharmaceu4502 | 1.15% | 0.53% | 0.53% |
| Sekisui House1928 | 1.05% | 0.38% | 0.38% |
| Japan Metropolit8953 | 1.15% | 0.28% | 0.28% |
| Elisa OYJELISA | 1.68% | 0.14% | 0.14% |
| SanofiSAN | 1.22% | 0.13% | 0.13% |
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: FID, SEC Form N-PORT, June 30, 2026; AFDM, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | FID | AFDM |
|---|---|---|
| Morgan Stanley | $90K | $31.5M |
| LPL Financial LLC | $24.1M | $1.6M |
| Cetera Investment Advisers | $2.9M | $17.7M |
| Envestnet Asset Management Inc. | $5.5M | $14.9M |
| Royal Bank of Canada | $4.4M | $4.2M |
| Raymond James Financial Inc. | $5.8M | $1.1M |
| Stifel Financial Corp. | $5.6M | $347K |
| UBS Group AG | $16K | $3.6M |
| Janney Montgomery Scott LLC | $2.2M | $492K |
| Osaic Holdings, Inc. | $2.1M | $279K |
| Citadel Advisors LLC | $389K | $308K |
| Harbour Investments, Inc. | $115K | $82K |
| Rockefeller Capital Management L.P. | $168K | $27K |
| AE Wealth Management LLC | $98K | $16K |
| Arax Advisory Partners | $95K | $11K |
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: FID institutional holders, AFDM institutional holders.
Frequently asked questions
How much do FID and AFDM overlap?
6.6% by weight, with 11 holdings in common, using holdings for FID as of June 30, 2026 and AFDM as of July 31, 2026. The largest shared position is ALIZF.
Do institutions hold both FID and AFDM?
22 Form 13F filers report positions in both, out of 103 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%.