NUEM vs JPEM overlap
NUEM and JPEM overlap 16.8% by weight, across 57 shared holdings.
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Top shared holdings
| Holding | NUEM | JPEM | Overlap |
|---|---|---|---|
| TSMC2330 | 16.45% | 1.96% | 1.96% |
| CCB-H939 | 2.05% | 1.71% | 1.71% |
| Naspers Ltd.-NNPN | 0.82% | 0.86% | 0.82% |
| ICBC-H1398 | 1.76% | 0.62% | 0.62% |
| Saudi Telecom CoSTC | 0.57% | 0.56% | 0.56% |
| MTN Group Ltd.MTN | 0.60% | 0.55% | 0.55% |
| America Movil-BAMXB | 0.63% | 0.52% | 0.52% |
| Hindustan UnilevHUVR | 0.58% | 0.51% | 0.51% |
| Emaar PROP PJSCEMAAR | 0.61% | 0.50% | 0.50% |
| King Slide Works2059 | 1.16% | 0.49% | 0.49% |
| Gold Fields Ltd.GFI | 0.36% | 0.50% | 0.36% |
| Vibra Energia SAVBBR3 | 0.63% | 0.34% | 0.34% |
| Anglogold AshantAU | 0.34% | 0.81% | 0.34% |
| Cathay Financial2882 | 1.60% | 0.32% | 0.32% |
| Bajaj Auto Ltd.BJAUT | 0.64% | 0.32% | 0.32% |
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; JPEM, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | NUEM | JPEM |
|---|---|---|
| Morgan Stanley | $18.8M | $14.7M |
| Bank of America Corp. | $11.7M | $21.2M |
| LPL Financial LLC | $8.9M | $23.8M |
| Cetera Investment Advisers | $4.4M | $12.9M |
| Cambridge Investment Research Advisors, Inc. | $15.6M | $1.6M |
| Envestnet Asset Management Inc. | $15.5M | $408K |
| Old Mission Capital LLC | $1.6M | $9.0M |
| UBS Group AG | $3.8M | $6.6M |
| Corient Private Wealth LP | $2.4M | $7.4M |
| Ameriprise Financial Inc. | $267K | $8.3M |
| Wealth Enhancement Advisory Services, LLC | $6.9M | $286K |
| Osaic Holdings, Inc. | $1.2M | $5.8M |
| Commonwealth Equity Services, LLC | $2.2M | $4.0M |
| JPMorgan Chase & Co | $1.2M | $4.9M |
| Raymond James Financial Inc. | $1.3M | $3.6M |
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, JPEM institutional holders.
Frequently asked questions
How much do NUEM and JPEM overlap?
16.8% by weight, with 57 holdings in common, using holdings for NUEM as of July 31, 2026 and JPEM as of July 31, 2026. The largest shared position is 2330.
Do institutions hold both NUEM and JPEM?
37 Form 13F filers report positions in both, out of 198 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%.