IETC vs ALAI overlap
IETC and ALAI overlap 40.5% by weight, across 22 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | IETC | ALAI | Overlap |
|---|---|---|---|
| Nvidia Corp.NVDA | 13.14% | 12.25% | 12.25% |
| Amazon.COM Inc.AMZN | 4.87% | 5.37% | 4.87% |
| Microsoft Corp.MSFT | 5.15% | 4.78% | 4.78% |
| Broadcom Inc.AVGO | 9.00% | 3.78% | 3.78% |
| Apple Inc.AAPL | 3.64% | 2.83% | 2.83% |
| Alphabet Inc.-CGOOG | 2.75% | 4.73% | 2.75% |
| META Platforms-aMETA | 2.10% | 3.85% | 2.10% |
| Micron TechMU | 4.04% | 1.49% | 1.49% |
| ADV Micro DeviceAMD | 3.92% | 1.35% | 1.35% |
| Western DigitalWDC | 0.69% | 4.34% | 0.69% |
| Astera Labs Inc.ALAB | 0.66% | 1.38% | 0.66% |
| Sandisk Corp.SNDK | 0.92% | 0.64% | 0.64% |
| Space Explorat-aSPCX | 0.50% | 3.09% | 0.50% |
| Servicenow Inc.NOW | 0.77% | 0.42% | 0.42% |
| Arista NetworksANET | 2.31% | 0.41% | 0.41% |
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: IETC, SEC Form N-PORT, July 31, 2026; ALAI, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | IETC | ALAI |
|---|---|---|
| LPL Financial LLC | $35.7M | $48.4M |
| Wells Fargo & Company | $14K | $18.2M |
| Raymond James Financial Inc. | $9.7M | $4.4M |
| Stifel Financial Corp. | $5.1M | $6.2M |
| Commonwealth Equity Services, LLC | $1.1M | $9.4M |
| Cambridge Investment Research Advisors, Inc. | $4.7M | $5.0M |
| Integrated Wealth Concepts LLC | $7.0M | $924K |
| Envestnet Asset Management Inc. | $3.9M | $1.8M |
| Stratos Wealth Partners, LTD. | $523K | $3.6M |
| &Partners | $1.4M | $2.6M |
| NewEdge Advisors, LLC | $75K | $3.4M |
| Osaic Holdings, Inc. | $1.6M | $1.5M |
| Royal Bank of Canada | $472K | $2.3M |
| Sanctuary Advisors, LLC | $429K | $2.2M |
| Equitable Holdings, Inc. | $1.1M | $596K |
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: IETC institutional holders, ALAI institutional holders.
Frequently asked questions
How much do IETC and ALAI overlap?
40.5% by weight, with 22 holdings in common, using holdings for IETC as of July 31, 2026 and ALAI as of June 30, 2026. The largest shared position is NVDA.
Do institutions hold both IETC and ALAI?
23 Form 13F filers report positions in both, out of 181 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%.