NSI vs GIAX overlap

NSI and GIAX overlap 4.2% by weight, across 1 shared holdings.

NSIGIAX

Pick 2 to 4 ETFs.

4.2%

overlap by weight, across 1 shared holdings

NSI15.9% of the fund is in shared holdings, of 104

GIAX4.2% of the fund is in shared holdings, of 25

These funds report on different dates (NSI: May 31, 2026, GIAX: 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	NSI	GIAX	Overlap
Taiwan Semic-ADRTSM	15.89%	4.18%	4.18%

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: NSI, SEC Form N-PORT, May 31, 2026; GIAX, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 24 holding any

NSI5.0% of its 13F dollars, 18.2% of its 11 holders

GIAX2.3% of its 13F dollars, 13.3% of its 15 holders

Largest institutions holding both

Firm	NSI	GIAX
Old Mission Capital LLC	$1.4M	$652K
UBS Group AG	$5K	$8K

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: NSI institutional holders, GIAX institutional holders.

Frequently asked questions

How much do NSI and GIAX overlap?

4.2% by weight, with 1 holdings in common, using holdings for NSI as of May 31, 2026 and GIAX as of July 31, 2026. The largest shared position is TSM.

Do institutions hold both NSI and GIAX?

2 Form 13F filers report positions in both, out of 24 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%.