NODE vs HLAL overlap

NODE and HLAL overlap 0.5% by weight, across 2 shared holdings.

NODEHLAL

Pick 2 to 4 ETFs.

0.5%

overlap by weight, across 2 shared holdings

NODE2.1% of the fund is in shared holdings, of 58

HLAL0.5% of the fund is in shared holdings, of 207

Top shared holdings

Holding	NODE	HLAL	Overlap
Vertiv Holding-aVRT	1.42%	0.34%	0.34%
Strategy Inc.MSTR	0.67%	0.14%	0.14%

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: NODE, SEC Form N-PORT, June 30, 2026; HLAL, SEC Form N-PORT, May 31, 2026.

institutions report holding both, of 79 holding any

NODE5.2% of its 13F dollars, 25.0% of its 24 holders

HLAL2.6% of its 13F dollars, 9.8% of its 61 holders

Largest institutions holding both

Firm	NODE	HLAL
Wealth Enhancement Advisory Services, LLC	$983K	$295K
HighTower Advisors, LLC	$917K	$217K
JPMorgan Chase & Co	$436	$340K
IFP Advisors, Inc	$117K	$85K
Steward Partners Investment Advisory, LLC	$80K	$54K
Morgan Stanley	$34K	$63K

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: NODE institutional holders, HLAL institutional holders.

Frequently asked questions

How much do NODE and HLAL overlap?

0.5% by weight, with 2 holdings in common, using holdings for NODE as of June 30, 2026 and HLAL as of May 31, 2026. The largest shared position is VRT.

Do institutions hold both NODE and HLAL?

6 Form 13F filers report positions in both, out of 79 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%.