NHYB vs FTCB overlap

NHYB and FTCB overlap 0.6% by weight, across 9 shared holdings.

NHYBFTCB

Pick 2 to 4 ETFs.

0.6%

overlap by weight, across 9 shared holdings

NHYB0.7% of the fund is in shared holdings, of 1,681

FTCB1.9% of the fund is in shared holdings, of 721

Top shared holdings

Holding	NHYB	FTCB	Overlap
Rocket COS Inc.RKT	0.14%	0.39%	0.14%
Quicken LoansRKT	0.13%	0.13%	0.13%
Ryan Specialty	0.09%	0.43%	0.09%
Centene CorpCNC	0.13%	0.09%	0.09%
Rocket MTGE LLCRKT	0.08%	0.19%	0.08%
Charles River la	0.05%	0.04%	0.04%
Centene Corp.CNC	0.03%	0.08%	0.03%
Ryan Specialty G	0.02%	0.19%	0.02%
Rocket COS Inc.RKT	0.01%	0.32%	0.01%

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: NHYB, SEC Form N-PORT, July 31, 2026; FTCB, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 197 holding any

NHYB0.2% of its 13F dollars, 25.0% of its 4 holders

FTCB0.1% of its 13F dollars, 0.5% of its 194 holders

Largest institutions holding both

Firm	NHYB	FTCB
Citadel Advisors LLC	$3.5M	$2.3M

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: NHYB institutional holders, FTCB institutional holders.

Frequently asked questions

How much do NHYB and FTCB overlap?

0.6% by weight, with 9 holdings in common, using holdings for NHYB as of July 31, 2026 and FTCB as of July 31, 2026. The largest shared position is RKT.

Do institutions hold both NHYB and FTCB?

1 Form 13F filers report positions in both, out of 197 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%.