IBBQ vs FRNW overlap

IBBQ and FRNW overlap 0.0% by weight, across 0 shared holdings.

IBBQFRNW

Pick 2 to 4 ETFs.

0.0%

overlap by weight, across 0 shared holdings

IBBQ0.0% of the fund is in shared holdings, of 254

FRNW0.0% of the fund is in shared holdings, of 50

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: IBBQ, SEC Form N-PORT, May 31, 2026; FRNW, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 62 holding any

IBBQ11.4% of its 13F dollars, 11.4% of its 35 holders

FRNW4.6% of its 13F dollars, 12.9% of its 31 holders

Largest institutions holding both

Firm	IBBQ	FRNW
Commonwealth Equity Services, LLC	$1.6M	$599K
Osaic Holdings, Inc.	$347K	$71K
FMR LLC	$9K	$76K
Morgan Stanley	$18K	$39

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: IBBQ institutional holders, FRNW institutional holders.

Frequently asked questions

How much do IBBQ and FRNW overlap?

0.0% by weight, with 0 holdings in common, using holdings for IBBQ as of May 31, 2026 and FRNW as of June 30, 2026.

Do institutions hold both IBBQ and FRNW?

4 Form 13F filers report positions in both, out of 62 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%.