NOBL vs DFLV overlap
NOBL and DFLV overlap 13.7% by weight, across 33 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (NOBL: May 31, 2026, DFLV: 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 | NOBL | DFLV | Overlap |
|---|---|---|---|
| Johnson&JohnsonJNJ | 1.46% | 2.38% | 1.46% |
| Chevron Corp.CVX | 1.44% | 1.87% | 1.44% |
| Exxon Mobil Corp.XOM | 1.44% | 3.57% | 1.44% |
| Procter & GamblePG | 1.48% | 1.26% | 1.26% |
| Linde PLCLIN | 1.47% | 1.09% | 1.09% |
| Target Corp.TGT | 1.41% | 0.66% | 0.66% |
| Emerson ELEC CoEMR | 1.46% | 0.60% | 0.60% |
| Abbott LabsABT | 1.35% | 0.57% | 0.57% |
| General DynamicsGD | 1.56% | 0.53% | 0.53% |
| Nucor Corp.NUE | 1.76% | 0.52% | 0.52% |
| Chubb Ltd.CB | 1.39% | 0.50% | 0.50% |
| Air Prods & CHEMAPD | 1.39% | 0.48% | 0.48% |
| Medtronic PLCMDT | 1.32% | 0.44% | 0.44% |
| Aflac Inc.AFL | 1.42% | 0.42% | 0.42% |
| IBMIBM | 1.71% | 0.37% | 0.37% |
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: NOBL, SEC Form N-PORT, May 31, 2026; DFLV, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | NOBL | DFLV |
|---|---|---|
| Savant Capital, LLC | $1.5M | $1.0B |
| Morgan Stanley | $979.0M | $1.3M |
| Bank of America Corp. | $465.8M | $40.5M |
| LPL Financial LLC | $337.8M | $75.5M |
| Cetera Investment Advisers | $61.1M | $174.9M |
| Raymond James Financial Inc. | $195.8M | $36.4M |
| Wells Fargo & Company | $204.6M | $424K |
| UBS Group AG | $194.4M | $224K |
| Vise Technologies, Inc. | $2.0M | $181.6M |
| Royal Bank of Canada | $160.7M | $5.1M |
| Cliftonlarsonallen Wealth Advisors, LLC | $150.9M | $1.1M |
| Corient Private Wealth LP | $6.4M | $131.2M |
| Cerity Partners LLC | $14.2M | $113.8M |
| Cambridge Investment Research Advisors, Inc. | $99.8M | $24.1M |
| HighTower Advisors, LLC | $27.3M | $88.9M |
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: NOBL institutional holders, DFLV institutional holders.
Frequently asked questions
How much do NOBL and DFLV overlap?
13.7% by weight, with 33 holdings in common, using holdings for NOBL as of May 31, 2026 and DFLV as of July 31, 2026. The largest shared position is JNJ.
Do institutions hold both NOBL and DFLV?
140 Form 13F filers report positions in both, out of 1,091 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%.