HLAL vs BYRE overlap

HLAL and BYRE overlap 0.6% by weight, across 2 shared holdings.

HLALBYRE

Pick 2 to 4 ETFs.

0.6%

overlap by weight, across 2 shared holdings

HLAL0.6% of the fund is in shared holdings, of 207

BYRE10.2% of the fund is in shared holdings, of 51

Top shared holdings

Holding	HLAL	BYRE	Overlap
Welltower Inc.WELL	0.40%	8.04%	0.40%
Digital RealtyDLR	0.19%	2.12%	0.19%

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: HLAL, SEC Form N-PORT, May 31, 2026; BYRE, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 65 holding any

HLAL7.7% of its 13F dollars, 6.6% of its 61 holders

BYRE42.7% of its 13F dollars, 50.0% of its 8 holders

Largest institutions holding both

Firm	HLAL	BYRE
Envestnet Asset Management Inc.	$561K	$17.4M
Farther Finance Advisors, LLC	$2.5M	$1K
Morgan Stanley	$63K	$26K
UBS Group AG	$21K	$2K

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: HLAL institutional holders, BYRE institutional holders.

Frequently asked questions

How much do HLAL and BYRE overlap?

0.6% by weight, with 2 holdings in common, using holdings for HLAL as of May 31, 2026 and BYRE as of June 30, 2026. The largest shared position is WELL.

Do institutions hold both HLAL and BYRE?

4 Form 13F filers report positions in both, out of 65 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%.