MGK vs FNDX overlap
MGK and FNDX overlap 22.3% by weight, across 50 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | MGK | FNDX | Overlap |
|---|---|---|---|
| Apple Inc.AAPL | 12.17% | 4.63% | 4.63% |
| Alphabet Inc.-aGOOGL | 5.92% | 2.38% | 2.38% |
| Microsoft Corp.MSFT | 7.50% | 2.32% | 2.32% |
| Alphabet Inc.-CGOOG | 4.66% | 1.89% | 1.89% |
| Amazon.COM Inc.AMZN | 4.46% | 1.85% | 1.85% |
| META Platforms-aMETA | 4.08% | 1.24% | 1.24% |
| Intel Corp.INTC | 1.10% | 2.57% | 1.10% |
| Broadcom Inc.AVGO | 4.27% | 0.65% | 0.65% |
| Nvidia Corp.NVDA | 13.27% | 0.55% | 0.55% |
| Applied MaterialAMAT | 1.13% | 0.47% | 0.47% |
| LAM ResearchLRCX | 1.92% | 0.41% | 0.41% |
| ADV Micro DeviceAMD | 3.19% | 0.39% | 0.39% |
| Oracle Corp.ORCL | 0.94% | 0.38% | 0.38% |
| Tesla Inc.TSLA | 3.93% | 0.34% | 0.34% |
| VISA Inc.-Class aV | 1.82% | 0.33% | 0.33% |
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: MGK, SEC Form N-PORT, June 30, 2026; FNDX, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | MGK | FNDX |
|---|---|---|
| Charles Schwab Investment Management Inc. | $1.1M | $11.7B |
| Assetmark, Inc. | $3.7B | $549K |
| Cassaday & Co Wealth Management LLC | $1.7B | $42K |
| Morgan Stanley | $1.2B | $183.8M |
| Captrust Financial Advisors | $369.0M | $897.1M |
| Bank of America Corp. | $883.6M | $105.3M |
| LPL Financial LLC | $512.8M | $194.7M |
| Ameriprise Financial Inc. | $341.6M | $265.5M |
| Envestnet Asset Management Inc. | $312.4M | $218.9M |
| UBS Group AG | $452.6M | $64.2M |
| Keybank National Association | $2.5M | $474.9M |
| McAdam, LLC | $857K | $340.0M |
| Merit Financial Group, LLC | $320.2M | $13.5M |
| Wells Fargo & Company | $287.5M | $4.1M |
| Cerity Partners LLC | $262.4M | $18.5M |
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: MGK institutional holders, FNDX institutional holders.
Frequently asked questions
How much do MGK and FNDX overlap?
22.3% by weight, with 50 holdings in common, using holdings for MGK as of June 30, 2026 and FNDX as of May 31, 2026. The largest shared position is AAPL.
Do institutions hold both MGK and FNDX?
407 Form 13F filers report positions in both, out of 1,447 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%.