FMKT vs ESMV overlap
FMKT and ESMV overlap 11.5% by weight, across 12 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (FMKT: May 31, 2026, ESMV: July 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | FMKT | ESMV | Overlap |
|---|---|---|---|
| PALO ALTO NetworPANW | 3.32% | 1.99% | 1.99% |
| Microsoft Corp.MSFT | 2.65% | 1.60% | 1.60% |
| Cisco SystemsCSCO | 2.73% | 1.45% | 1.45% |
| Welltower Inc.WELL | 1.43% | 1.55% | 1.43% |
| Williams COS Inc.WMB | 2.86% | 1.27% | 1.27% |
| Northrop GrummanNOC | 1.92% | 1.12% | 1.12% |
| CME Group Inc.CME | 1.68% | 0.92% | 0.92% |
| Exelon Corp.EXC | 0.66% | 0.75% | 0.66% |
| Palantir Techn-aPLTR | 2.68% | 0.38% | 0.38% |
| Tyler TechnologTYL | 1.51% | 0.35% | 0.35% |
| Oracle Corp.ORCL | 3.18% | 0.25% | 0.25% |
| Archer-DanielsADM | 2.43% | 0.11% | 0.11% |
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: FMKT, SEC Form N-PORT, May 31, 2026; ESMV, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | FMKT | ESMV |
|---|---|---|
| JPMorgan Chase & Co | $11K | $45K |
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: FMKT institutional holders, ESMV institutional holders.
Frequently asked questions
How much do FMKT and ESMV overlap?
11.5% by weight, with 12 holdings in common, using holdings for FMKT as of May 31, 2026 and ESMV as of July 31, 2026. The largest shared position is PANW.
Do institutions hold both FMKT and ESMV?
1 Form 13F filers report positions in both, out of 17 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%.