NULG vs ESML overlap
NULG and ESML overlap 0.4% by weight, across 1 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (NULG: July 31, 2026, ESML: May 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 | NULG | ESML | Overlap |
|---|---|---|---|
| XPO Inc.XPO | 0.61% | 0.41% | 0.41% |
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: NULG, SEC Form N-PORT, July 31, 2026; ESML, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | NULG | ESML |
|---|---|---|
| Bank of America Corp. | $907.0M | $494.0M |
| TIAA-CREF Individual & Institutional Services, LLC | $285.9M | $36.4M |
| FMR LLC | $5.2M | $194.9M |
| LPL Financial LLC | $130.1M | $28.3M |
| JPMorgan Chase & Co | $114.4M | $3.8M |
| Commonwealth Equity Services, LLC | $81.4M | $19.4M |
| Betterment LLC | $236K | $99.3M |
| Creative Planning | $1.0M | $88.9M |
| Goldman Sachs Group Inc. | $16.8M | $64.9M |
| Morgan Stanley | $66.6M | $4.9M |
| Envestnet Asset Management Inc. | $60.5M | $10.5M |
| Cambridge Investment Research Advisors, Inc. | $56.1M | $13.7M |
| Ameriprise Financial Inc. | $37.0M | $26.7M |
| UBS Group AG | $32.5M | $30.0M |
| TIAA Wealth Investment Management LLC | $944 | $56.9M |
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: NULG institutional holders, ESML institutional holders.
Frequently asked questions
How much do NULG and ESML overlap?
0.4% by weight, with 1 holdings in common, using holdings for NULG as of July 31, 2026 and ESML as of May 31, 2026. The largest shared position is XPO.
Do institutions hold both NULG and ESML?
142 Form 13F filers report positions in both, out of 650 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%.