IETC vs DFNL overlap
IETC and DFNL overlap 0.0% by weight, across 0 shared holdings.
Pick 2 to 4 ETFs.
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: IETC, SEC Form N-PORT, July 31, 2026; DFNL, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | IETC | DFNL |
|---|---|---|
| LPL Financial LLC | $35.7M | $19.1M |
| Morgan Stanley | $330K | $41.1M |
| Raymond James Financial Inc. | $9.7M | $2.6M |
| Envestnet Asset Management Inc. | $3.9M | $7.0M |
| Northwestern Mutual Wealth Management Co | $4.0M | $6.6M |
| Truist Financial Corp. | $1.3M | $6.9M |
| Royal Bank of Canada | $472K | $6.4M |
| UBS Group AG | $523K | $5.4M |
| Stifel Financial Corp. | $5.1M | $769K |
| Sanctuary Advisors, LLC | $429K | $4.3M |
| Osaic Holdings, Inc. | $1.6M | $1.4M |
| Kestra Advisory Services, LLC | $276K | $2.3M |
| Commonwealth Equity Services, LLC | $1.1M | $1.0M |
| Susquehanna International Group, LLP | $1.1M | $999K |
| Hilltop Holdings Inc. | $326K | $1.6M |
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, DFNL institutional holders.
Frequently asked questions
How much do IETC and DFNL overlap?
0.0% by weight, with 0 holdings in common, using holdings for IETC as of July 31, 2026 and DFNL as of July 31, 2026.
Do institutions hold both IETC and DFNL?
24 Form 13F filers report positions in both, out of 159 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%.