FSCC vs DWAS overlap
FSCC and DWAS overlap 18.4% by weight, across 55 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | FSCC | DWAS | Overlap |
|---|---|---|---|
| Viasat Inc.VSAT | 0.89% | 1.13% | 0.89% |
| Arteris Inc.AIP | 0.91% | 0.75% | 0.75% |
| Acadian Asset MAAAMI | 0.74% | 0.72% | 0.72% |
| Planet Labs PBCPL | 0.70% | 2.11% | 0.70% |
| Axsome TherapeutAXSM | 0.62% | 0.64% | 0.62% |
| Garrett MotioGTX | 0.66% | 0.61% | 0.61% |
| Nlight Inc.LASR | 0.60% | 0.86% | 0.60% |
| Brightspring HEABTSG | 1.42% | 0.57% | 0.57% |
| Liquidia Corp.LQDA | 0.66% | 0.56% | 0.56% |
| Powell INDS Inc.POWL | 1.12% | 0.53% | 0.53% |
| Terawulf Inc.WULF | 0.51% | 0.77% | 0.51% |
| Granite ConstrGVA | 0.51% | 0.55% | 0.51% |
| Primoris ServicePRIM | 1.08% | 0.50% | 0.50% |
| Formfactor Inc.FORM | 0.62% | 0.43% | 0.43% |
| Adtran HoldingsADTN | 0.42% | 0.45% | 0.42% |
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: FSCC, SEC Form N-PORT, May 31, 2026; DWAS, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | FSCC | DWAS |
|---|---|---|
| LPL Financial LLC | $44.6M | $20.9M |
| Envestnet Asset Management Inc. | $40.8M | $441K |
| Wells Fargo & Company | $11K | $16.7M |
| Stifel Financial Corp. | $738K | $12.5M |
| MML Investors Services, LLC | $10.9M | $1.2M |
| Sanctuary Advisors, LLC | $505K | $8.1M |
| Cambridge Investment Research Advisors, Inc. | $1.2M | $7.0M |
| Private Advisor Group, LLC | $5.5M | $1.6M |
| Commonwealth Equity Services, LLC | $1.7M | $2.1M |
| Prospera Financial Services Inc | $392K | $3.3M |
| Rockefeller Capital Management L.P. | $2.0M | $56K |
| DAVENPORT & Co LLC | $1.5M | $413K |
| Steward Partners Investment Advisory, LLC | $711K | $328K |
| JPMorgan Chase & Co | $40K | $974K |
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: FSCC institutional holders, DWAS institutional holders.
Frequently asked questions
How much do FSCC and DWAS overlap?
18.4% by weight, with 55 holdings in common, using holdings for FSCC as of May 31, 2026 and DWAS as of May 31, 2026. The largest shared position is VSAT.
Do institutions hold both FSCC and DWAS?
14 Form 13F filers report positions in both, out of 131 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%.