MFSI vs EWG overlap
MFSI and EWG overlap 4.5% by weight, across 6 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | MFSI | EWG | Overlap |
|---|---|---|---|
| SAP SESAPGF | 1.25% | 9.49% | 1.25% |
| Deutsche BoerseDB1 | 1.06% | 2.73% | 1.06% |
| Merck KGAAMKGAF | 1.19% | 0.99% | 0.99% |
| MTU Aero EnginesMTX | 0.41% | 0.99% | 0.41% |
| Beiersdorf AGBEI | 0.82% | 0.39% | 0.39% |
| Qiagen NVQGEN | 0.37% | 0.38% | 0.37% |
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: MFSI, SEC Form N-PORT, May 31, 2026; EWG, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | MFSI | EWG |
|---|---|---|
| Raymond James Financial Inc. | $220.6M | $2.3M |
| Morgan Stanley | $26K | $182.4M |
| LPL Financial LLC | $114.1M | $12.8M |
| Bank of America Corp. | $47.2M | $70.2M |
| Jones Financial Companies LLLP | $74.5M | $1.4M |
| Royal Bank of Canada | $18.7M | $14.4M |
| Envestnet Asset Management Inc. | $9.9M | $18.2M |
| Integrated Wealth Concepts LLC | $24.7M | $521K |
| Cetera Investment Advisers | $24.8M | $298K |
| Wells Fargo & Company | $57K | $20.7M |
| Stifel Financial Corp. | $16.8M | $245K |
| Commonwealth Equity Services, LLC | $12.1M | $522K |
| Steward Partners Investment Advisory, LLC | $1.0M | $3.3M |
| Citadel Advisors LLC | $814K | $1.4M |
| Benjamin Edwards Inc. | $1.5M | $282K |
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: MFSI institutional holders, EWG institutional holders.
Frequently asked questions
How much do MFSI and EWG overlap?
4.5% by weight, with 6 holdings in common, using holdings for MFSI as of May 31, 2026 and EWG as of May 31, 2026. The largest shared position is SAPGF.
Do institutions hold both MFSI and EWG?
26 Form 13F filers report positions in both, out of 241 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%.