OUSA vs IQSM overlap

OUSA and IQSM overlap 0.1% by weight, across 1 shared holdings.

OUSAIQSM

Pick 2 to 4 ETFs.

0.1%

overlap by weight, across 1 shared holdings

OUSA0.1% of the fund is in shared holdings, of 100

IQSM0.5% of the fund is in shared holdings, of 246

These funds report on different dates (OUSA: May 31, 2026, IQSM: July 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	OUSA	IQSM	Overlap
Graco Inc.GGG	0.12%	0.50%	0.12%

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: OUSA, SEC Form N-PORT, May 31, 2026; IQSM, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 133 holding any

OUSA29.7% of its 13F dollars, 3.1% of its 130 holders

IQSM0.6% of its 13F dollars, 57.1% of its 7 holders

Largest institutions holding both

Firm	OUSA	IQSM
Morgan Stanley	$90.0M	$9K
UBS Group AG	$10.2M	$39K
Cetera Investment Advisers	$1.2M	$2.1M
JPMorgan Chase & Co	$565K	$11K

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: OUSA institutional holders, IQSM institutional holders.

Frequently asked questions

How much do OUSA and IQSM overlap?

0.1% by weight, with 1 holdings in common, using holdings for OUSA as of May 31, 2026 and IQSM as of July 31, 2026. The largest shared position is GGG.

Do institutions hold both OUSA and IQSM?

4 Form 13F filers report positions in both, out of 133 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%.