NUSC vs DES overlap
NUSC and DES overlap 12.1% by weight, across 73 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | NUSC | DES | Overlap |
|---|---|---|---|
| Avnet Inc.AVT | 0.54% | 0.77% | 0.54% |
| Powell INDS Inc.POWL | 0.46% | 0.40% | 0.40% |
| HA Sustainable IHASI | 0.36% | 0.71% | 0.36% |
| Outfront Media IOUT | 0.35% | 0.85% | 0.35% |
| Kulicke & SoffaKLIC | 0.34% | 0.59% | 0.34% |
| First Bancorp PRFBP | 0.34% | 0.64% | 0.34% |
| Sensient TechnolSXT | 0.34% | 0.39% | 0.34% |
| Rayonier Inc.RYN | 0.33% | 0.34% | 0.33% |
| Iridium CommunicIRDM | 0.33% | 0.87% | 0.33% |
| RUSH Enter-CL aRUSHA | 0.36% | 0.31% | 0.31% |
| Americold Realty Trust IncCOLD | 0.30% | 0.69% | 0.30% |
| Cinemark HoldingCNK | 0.28% | 0.28% | 0.28% |
| SL Green RealtySLG | 0.28% | 0.40% | 0.28% |
| Macerich CoMAC | 0.28% | 0.30% | 0.28% |
| Materion Corp.MTRN | 0.32% | 0.27% | 0.27% |
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: NUSC, SEC Form N-PORT, July 31, 2026; DES, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | NUSC | DES |
|---|---|---|
| Bank of America Corp. | $101.5M | $99.4M |
| Morgan Stanley | $54.1M | $115.0M |
| Mercer Global Advisors Inc. | $94.3M | $35.4M |
| UBS Group AG | $54.6M | $54.7M |
| LPL Financial LLC | $43.7M | $56.9M |
| Royal Bank of Canada | $55.1M | $27.9M |
| Creative Planning | $13.5M | $54.5M |
| Wells Fargo & Company | $11.3M | $33.5M |
| Jones Financial Companies LLLP | $6.6M | $34.9M |
| Raymond James Financial Inc. | $4.3M | $30.4M |
| Bank of New York Mellon Corp | $23.3M | $11.4M |
| Assetmark, Inc. | $13.4M | $11.7M |
| Ameriprise Financial Inc. | $7.9M | $17.1M |
| Cetera Investment Advisers | $5.4M | $13.3M |
| Envestnet Asset Management Inc. | $7.0M | $10.2M |
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: NUSC institutional holders, DES institutional holders.
Frequently asked questions
How much do NUSC and DES overlap?
12.1% by weight, with 73 holdings in common, using holdings for NUSC as of July 31, 2026 and DES as of June 30, 2026. The largest shared position is AVT.
Do institutions hold both NUSC and DES?
109 Form 13F filers report positions in both, out of 527 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%.