HAP vs ELM overlap

HAP and ELM overlap 0.0% by weight, across 0 shared holdings.

HAPELM

Pick 2 to 4 ETFs.

0.0%

overlap by weight, across 0 shared holdings

HAP0.0% of the fund is in shared holdings, of 122

ELM0.0% of the fund is in shared holdings, of 18

Top shared holdings

These funds hold nothing in common.

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: HAP, SEC Form N-PORT, June 30, 2026; ELM, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 81 holding any

HAP1.9% of its 13F dollars, 4.3% of its 69 holders

ELM3.0% of its 13F dollars, 20.0% of its 15 holders

Largest institutions holding both

Firm	HAP	ELM
HighTower Advisors, LLC	$2.9M	$4.3M
Creative Planning	$619K	$1.6M
Farther Finance Advisors, LLC	$268K	$20K

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: HAP institutional holders, ELM institutional holders.

Frequently asked questions

How much do HAP and ELM overlap?

0.0% by weight, with 0 holdings in common, using holdings for HAP as of June 30, 2026 and ELM as of June 30, 2026.

Do institutions hold both HAP and ELM?

3 Form 13F filers report positions in both, out of 81 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%.