NULV vs ILCG overlap
NULV and ILCG overlap 8.7% by weight, across 45 shared holdings.
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Top shared holdings
| Holding | NULV | ILCG | Overlap |
|---|---|---|---|
| Microsoft Corp.MSFT | 8.74% | 2.70% | 2.70% |
| META Platforms-aMETA | 3.55% | 1.41% | 1.41% |
| Analog DevicesADI | 1.41% | 0.31% | 0.31% |
| Johnson ControlsJCI | 0.70% | 0.29% | 0.29% |
| Ecolab Inc.ECL | 1.08% | 0.22% | 0.22% |
| Deere & CoDE | 1.56% | 0.22% | 0.22% |
| Bank NY MellonBNY | 1.69% | 0.20% | 0.20% |
| Eaton Corp. PLCETN | 1.52% | 0.20% | 0.20% |
| Baker Hughes CoBKR | 1.28% | 0.19% | 0.19% |
| Equinix Inc.EQIX | 1.35% | 0.18% | 0.18% |
| Keysight TECKEYS | 0.59% | 0.17% | 0.17% |
| American ExpressAXP | 1.49% | 0.16% | 0.16% |
| Edwards LifeEW | 0.78% | 0.15% | 0.15% |
| Parker HannifinPH | 1.55% | 0.15% | 0.15% |
| United RentalsURI | 0.16% | 0.15% | 0.15% |
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: NULV, SEC Form N-PORT, July 31, 2026; ILCG, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | NULV | ILCG |
|---|---|---|
| Bank of America Corp. | $590.1M | $48.6M |
| LPL Financial LLC | $96.3M | $147.2M |
| Morgan Stanley | $64.7M | $129.9M |
| Envestnet Asset Management Inc. | $55.0M | $119.6M |
| JPMorgan Chase & Co | $111.2M | $52.3M |
| Commonwealth Equity Services, LLC | $60.4M | $36.6M |
| Cetera Investment Advisers | $9.3M | $81.3M |
| Ameriprise Financial Inc. | $10.7M | $78.9M |
| Wells Fargo & Company | $4.3M | $84.8M |
| Cambridge Investment Research Advisors, Inc. | $45.3M | $18.0M |
| Raymond James Financial Inc. | $12.3M | $43.6M |
| UBS Group AG | $26.6M | $24.4M |
| Osaic Holdings, Inc. | $2.2M | $34.2M |
| Bank of New York Mellon Corp | $24.3M | $11.7M |
| MML Investors Services, LLC | $1.6M | $33.7M |
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: NULV institutional holders, ILCG institutional holders.
Frequently asked questions
How much do NULV and ILCG overlap?
8.7% by weight, with 45 holdings in common, using holdings for NULV as of July 31, 2026 and ILCG as of July 31, 2026. The largest shared position is MSFT.
Do institutions hold both NULV and ILCG?
97 Form 13F filers report positions in both, out of 533 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%.