KMID vs FSCS overlap

KMID and FSCS overlap 4.6% by weight, across 5 shared holdings.

KMIDFSCS

Pick 2 to 4 ETFs.

4.6%

overlap by weight, across 5 shared holdings

KMID16.8% of the fund is in shared holdings, of 26

FSCS4.6% of the fund is in shared holdings, of 100

Top shared holdings

Holding	KMID	FSCS	Overlap
Nordson Corp.NDSN	2.80%	1.06%	1.06%
Verisk AnalytiVRSK	4.28%	1.00%	1.00%
Allegion PLCALLE	4.10%	0.97%	0.97%
Houlihan Lokey IHLI	2.94%	0.82%	0.82%
Rollins Inc.ROL	2.65%	0.75%	0.75%

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: KMID, SEC Form N-PORT, July 31, 2026; FSCS, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 40 holding any

KMID13.5% of its 13F dollars, 18.8% of its 16 holders

FSCS45.5% of its 13F dollars, 11.1% of its 27 holders

Largest institutions holding both

Firm	KMID	FSCS
LPL Financial LLC	$5.3M	$18.9M
Osaic Holdings, Inc.	$30K	$1.9M
Susquehanna International Group, LLP	$246K	$882K

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: KMID institutional holders, FSCS institutional holders.

Frequently asked questions

How much do KMID and FSCS overlap?

4.6% by weight, with 5 holdings in common, using holdings for KMID as of July 31, 2026 and FSCS as of June 30, 2026. The largest shared position is NDSN.

Do institutions hold both KMID and FSCS?

3 Form 13F filers report positions in both, out of 40 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%.