NBCR vs FDV overlap
NBCR and FDV overlap 6.4% by weight, across 17 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (NBCR: May 31, 2026, FDV: July 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 | NBCR | FDV | Overlap |
|---|---|---|---|
| Exxon Mobil Corp.XOM | 1.06% | 1.22% | 1.06% |
| Merck & CoMRK | 0.66% | 1.16% | 0.66% |
| Coca-Cola Co/theKO | 0.61% | 1.17% | 0.61% |
| Pepsico Inc.PEP | 0.48% | 3.31% | 0.48% |
| Mondelez Inter-aMDLZ | 0.44% | 1.78% | 0.44% |
| ConocophillipsCOP | 0.41% | 1.41% | 0.41% |
| Abbott LabsABT | 0.36% | 1.37% | 0.36% |
| Pfizer Inc.PFE | 0.35% | 2.24% | 0.35% |
| Nextera EnergyNEE | 0.32% | 2.01% | 0.32% |
| Medtronic PLCMDT | 0.32% | 2.65% | 0.32% |
| PNC Financial SEPNC | 0.31% | 4.26% | 0.31% |
| McDonalds Corp.MCD | 0.30% | 1.34% | 0.30% |
| Prologis Inc.PLD | 0.22% | 2.96% | 0.22% |
| US BancorpUSB | 0.21% | 3.80% | 0.21% |
| Targa ResourcesTRGP | 0.17% | 1.21% | 0.17% |
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: NBCR, SEC Form N-PORT, May 31, 2026; FDV, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | NBCR | FDV |
|---|---|---|
| LPL Financial LLC | $732K | $107.2M |
| Bank of America Corp. | $475K | $20.9M |
| Integrated Wealth Concepts LLC | $22K | $12.2M |
| Osaic Holdings, Inc. | $22K | $10.4M |
| Royal Bank of Canada | $397K | $9.6M |
| NewEdge Advisors, LLC | $68K | $9.4M |
| Morgan Stanley | $7.1M | $21K |
| Cetera Investment Advisers | $284K | $6.2M |
| Wealth Enhancement Advisory Services, LLC | $523K | $1.7M |
| UBS Group AG | $28K | $120K |
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: NBCR institutional holders, FDV institutional holders.
Frequently asked questions
How much do NBCR and FDV overlap?
6.4% by weight, with 17 holdings in common, using holdings for NBCR as of May 31, 2026 and FDV as of July 31, 2026. The largest shared position is XOM.
Do institutions hold both NBCR and FDV?
10 Form 13F filers report positions in both, out of 82 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%.