JDVL vs ILCV overlap

JDVL and ILCV overlap 18.3% by weight, across 30 shared holdings.

JDVLILCV

Pick 2 to 4 ETFs.

18.3%

overlap by weight, across 30 shared holdings

JDVL74.9% of the fund is in shared holdings, of 41

ILCV18.3% of the fund is in shared holdings, of 374

Top shared holdings

Holding	JDVL	ILCV	Overlap
Amazon.COM Inc.AMZN	7.07%	3.54%	3.54%
JPMorgan ChaseJPM	3.96%	2.80%	2.80%
META Platforms-aMETA	2.75%	2.29%	2.29%
Micron TechMU	2.96%	1.23%	1.23%
VISA Inc.-Class aV	2.64%	0.90%	0.90%
Goldman Sachs GPGS	1.68%	0.89%	0.89%
Philip Morris inPM	3.24%	0.88%	0.88%
Wells Fargo & CoWFC	2.98%	0.78%	0.78%
Morgan StanleyMS	3.64%	0.75%	0.75%
Walt Disney Co/TDIS	2.35%	0.49%	0.49%
Gilead SciencesGILD	2.22%	0.48%	0.48%
Booking HoldingsBKNG	1.92%	0.44%	0.44%
American ExpressAXP	1.50%	0.39%	0.39%
Capital One FINACOF	2.39%	0.38%	0.38%
Oracle Corp.ORCL	1.25%	0.34%	0.34%

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: JDVL, SEC Form N-PORT, June 30, 2026; ILCV, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 204 holding any

JDVL1.6% of its 13F dollars, 50.0% of its 6 holders

ILCV6.4% of its 13F dollars, 1.5% of its 201 holders

Largest institutions holding both

Firm	JDVL	ILCV
LPL Financial LLC	$10.3M	$41.0M
Commonwealth Equity Services, LLC	$3.2M	$11.8M
Global Retirement Partners, LLC	$11K	$1.5M

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: JDVL institutional holders, ILCV institutional holders.

Frequently asked questions

How much do JDVL and ILCV overlap?

18.3% by weight, with 30 holdings in common, using holdings for JDVL as of June 30, 2026 and ILCV as of July 31, 2026. The largest shared position is AMZN.

Do institutions hold both JDVL and ILCV?

3 Form 13F filers report positions in both, out of 204 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%.