NUEM vs FPXI overlap
NUEM and FPXI overlap 1.0% by weight, across 3 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | NUEM | FPXI | Overlap |
|---|---|---|---|
| Contemporary a-H3750 | 0.50% | 8.34% | 0.50% |
| Valterra PlatinuVAL | 0.28% | 0.72% | 0.28% |
| HD Hyundai Heavy329180 | 0.25% | 1.62% | 0.25% |
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: NUEM, SEC Form N-PORT, July 31, 2026; FPXI, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | NUEM | FPXI |
|---|---|---|
| LPL Financial LLC | $8.9M | $43.4M |
| Morgan Stanley | $18.8M | $23.0M |
| Concurrent Investment Advisors, LLC | $861K | $34.3M |
| Cambridge Investment Research Advisors, Inc. | $15.6M | $3.7M |
| Envestnet Asset Management Inc. | $15.5M | $1.4M |
| Bank of America Corp. | $11.7M | $2.8M |
| Jane Street Group, LLC | $3.5M | $6.9M |
| &Partners | $972K | $9.0M |
| Commonwealth Equity Services, LLC | $2.2M | $6.4M |
| UBS Group AG | $3.8M | $4.3M |
| NewEdge Advisors, LLC | $459K | $7.0M |
| Cetera Investment Advisers | $4.4M | $2.0M |
| Raymond James Financial Inc. | $1.3M | $3.1M |
| Vise Technologies, Inc. | $264K | $3.4M |
| Osaic Holdings, Inc. | $1.2M | $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: NUEM institutional holders, FPXI institutional holders.
Frequently asked questions
How much do NUEM and FPXI overlap?
1.0% by weight, with 3 holdings in common, using holdings for NUEM as of July 31, 2026 and FPXI as of June 30, 2026. The largest shared position is 3750.
Do institutions hold both NUEM and FPXI?
32 Form 13F filers report positions in both, out of 180 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%.