NEWZ vs FMTL overlap

NEWZ and FMTL overlap 0.0% by weight, across 0 shared holdings.

NEWZFMTL

Pick 2 to 4 ETFs.

0.0%

overlap by weight, across 0 shared holdings

NEWZ0.0% of the fund is in shared holdings, of 28

FMTL0.0% of the fund is in shared holdings, of 46

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: NEWZ, SEC Form N-PORT, July 31, 2026; FMTL, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 22 holding any

NEWZ84.4% of its 13F dollars, 20.0% of its 5 holders

FMTL14.7% of its 13F dollars, 5.6% of its 18 holders

Largest institutions holding both

Firm	NEWZ	FMTL
Kestra Advisory Services, LLC	$8.9M	$1.7M

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: NEWZ institutional holders, FMTL institutional holders.

Frequently asked questions

How much do NEWZ and FMTL overlap?

0.0% by weight, with 0 holdings in common, using holdings for NEWZ as of July 31, 2026 and FMTL as of June 30, 2026.

Do institutions hold both NEWZ and FMTL?

1 Form 13F filers report positions in both, out of 22 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%.