NCLO vs GOVZ overlap

NCLO and GOVZ overlap 0.0% by weight, across 0 shared holdings.

NCLOGOVZ

Pick 2 to 4 ETFs.

0.0%

overlap by weight, across 0 shared holdings

NCLO0.0% of the fund is in shared holdings, of 107

GOVZ0.0% of the fund is in shared holdings, of 22

These funds report on different dates (NCLO: July 31, 2026, GOVZ: May 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

These funds hold nothing in common.

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: NCLO, SEC Form N-PORT, July 31, 2026; GOVZ, SEC Form N-PORT, May 31, 2026.

institutions report holding both, of 39 holding any

NCLO1.2% of its 13F dollars, 7.1% of its 14 holders

GOVZ0.1% of its 13F dollars, 3.9% of its 26 holders

Largest institutions holding both

Firm	NCLO	GOVZ
Royal Bank of Canada	$569K	$36K

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: NCLO institutional holders, GOVZ institutional holders.

Frequently asked questions

How much do NCLO and GOVZ overlap?

0.0% by weight, with 0 holdings in common, using holdings for NCLO as of July 31, 2026 and GOVZ as of May 31, 2026.

Do institutions hold both NCLO and GOVZ?

1 Form 13F filers report positions in both, out of 39 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%.