IQSM vs AAEQ overlap

IQSM and AAEQ overlap 0.2% by weight, across 6 shared holdings.

IQSMAAEQ

Pick 2 to 4 ETFs.

0.2%

overlap by weight, across 6 shared holdings

IQSM4.1% of the fund is in shared holdings, of 246

AAEQ0.2% of the fund is in shared holdings, of 336

Top shared holdings

Holding	IQSM	AAEQ	Overlap
F5 Inc.FFIV	0.88%	0.04%	0.04%
Akamai TechnologAKAM	0.56%	0.03%	0.03%
Moderna Inc.MRNA	0.71%	0.03%	0.03%
Viatris Inc.VTRS	0.78%	0.03%	0.03%
CH RobinsonCHRW	0.68%	0.03%	0.03%
Albemarle Corp.ALB	0.51%	0.02%	0.02%

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: IQSM, SEC Form N-PORT, July 31, 2026; AAEQ, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 48 holding any

IQSM0.0% of its 13F dollars, 14.3% of its 7 holders

AAEQ0.0% of its 13F dollars, 2.4% of its 42 holders

Largest institutions holding both

Firm	IQSM	AAEQ
UBS Group AG	$39K	$24K

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: IQSM institutional holders, AAEQ institutional holders.

Frequently asked questions

How much do IQSM and AAEQ overlap?

0.2% by weight, with 6 holdings in common, using holdings for IQSM as of July 31, 2026 and AAEQ as of June 30, 2026. The largest shared position is FFIV.

Do institutions hold both IQSM and AAEQ?

1 Form 13F filers report positions in both, out of 48 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%.