INDY vs HEEM overlap
INDY and HEEM 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: INDY, SEC Form N-PORT, June 30, 2026; HEEM, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | INDY | HEEM |
|---|---|---|
| Morgan Stanley | $7.7M | $18.4M |
| Wells Fargo & Company | $1.7M | $23.2M |
| Bank of America Corp. | $5.7M | $17.4M |
| LPL Financial LLC | $6.3M | $3.3M |
| UBS Group AG | $5.5M | $1.4M |
| Envestnet Asset Management Inc. | $403K | $6.0M |
| Royal Bank of Canada | $6.0M | $193K |
| Cetera Investment Advisers | $389K | $5.3M |
| Truist Financial Corp. | $571K | $4.8M |
| Commonwealth Equity Services, LLC | $667K | $3.5M |
| Citadel Advisors LLC | $2.3M | $211K |
| Scotia Capital Inc. | $634K | $1.8M |
| Raymond James Financial Inc. | $1.2M | $682K |
| Osaic Holdings, Inc. | $419K | $1.4M |
| Old Mission Capital LLC | $694K | $296K |
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: INDY institutional holders, HEEM institutional holders.
Frequently asked questions
How much do INDY and HEEM overlap?
0.0% by weight, with 0 holdings in common, using holdings for INDY as of June 30, 2026 and HEEM as of May 31, 2026.
Do institutions hold both INDY and HEEM?
20 Form 13F filers report positions in both, out of 120 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%.