MEM vs CEFA overlap

MEM and CEFA overlap 0.1% by weight, across 2 shared holdings.

MEMCEFA

Pick 2 to 4 ETFs.

0.1%

overlap by weight, across 2 shared holdings

MEM0.9% of the fund is in shared holdings, of 71

CEFA0.1% of the fund is in shared holdings, of 359

Top shared holdings

Holding	MEM	CEFA	Overlap
Singapore Teleco (LOT SIZE 100)ST	0.61%	0.12%	0.12%
Zijin Gold Inter2259	0.26%	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: MEM, SEC Form N-PORT, June 30, 2026; CEFA, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 59 holding any

MEM5.4% of its 13F dollars, 16.0% of its 25 holders

CEFA1.9% of its 13F dollars, 10.5% of its 38 holders

Largest institutions holding both

Firm	MEM	CEFA
Osaic Holdings, Inc.	$1.4M	$160K
Jane Street Group, LLC	$638K	$223K
EverSource Wealth Advisors, LLC	$3K	$326K
UBS Group AG	$30K	$27K

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: MEM institutional holders, CEFA institutional holders.

Frequently asked questions

How much do MEM and CEFA overlap?

0.1% by weight, with 2 holdings in common, using holdings for MEM as of June 30, 2026 and CEFA as of July 31, 2026. The largest shared position is ST.

Do institutions hold both MEM and CEFA?

4 Form 13F filers report positions in both, out of 59 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%.