JPME vs DWAS overlap
JPME and DWAS overlap 2.1% by weight, across 7 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (JPME: July 31, 2026, DWAS: May 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | JPME | DWAS | Overlap |
|---|---|---|---|
| Ryder System Inc.R | 0.37% | 0.44% | 0.37% |
| Element SolutionESI | 0.34% | 0.43% | 0.34% |
| Allison TransmisALSN | 0.36% | 0.33% | 0.33% |
| Lumentum HOLLITE | 0.32% | 1.11% | 0.32% |
| Elanco Animal HEELAN | 0.31% | 0.31% | 0.31% |
| Echostar Corp.-aECHO | 0.22% | 0.65% | 0.22% |
| Viavi SolutionsVIAV | 0.21% | 0.54% | 0.21% |
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: JPME, SEC Form N-PORT, July 31, 2026; DWAS, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | JPME | DWAS |
|---|---|---|
| Morgan Stanley | $58.5M | $45.5M |
| LPL Financial LLC | $32.5M | $20.9M |
| Bank of America Corp. | $4.4M | $18.4M |
| Cambridge Investment Research Advisors, Inc. | $15.5M | $7.0M |
| Royal Bank of Canada | $5.3M | $16.6M |
| Jones Financial Companies LLLP | $19.9M | $146K |
| Raymond James Financial Inc. | $9.2M | $8.3M |
| Wells Fargo & Company | $6K | $16.7M |
| Stifel Financial Corp. | $4.0M | $12.5M |
| Sanctuary Advisors, LLC | $6.9M | $8.1M |
| UBS Group AG | $6K | $10.2M |
| 1900 Wealth Management LLC | $5.8M | $2.0M |
| Osaic Holdings, Inc. | $4.0M | $1.0M |
| Commonwealth Equity Services, LLC | $2.5M | $2.1M |
| Northwestern Mutual Wealth Management Co | $1.8M | $1.7M |
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: JPME institutional holders, DWAS institutional holders.
Frequently asked questions
How much do JPME and DWAS overlap?
2.1% by weight, with 7 holdings in common, using holdings for JPME as of July 31, 2026 and DWAS as of May 31, 2026. The largest shared position is R.
Do institutions hold both JPME and DWAS?
38 Form 13F filers report positions in both, out of 174 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%.