PHYL vs JSI overlap
PHYL and JSI overlap 0.8% by weight, across 4 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (PHYL: May 29, 2026, JSI: 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 | PHYL | JSI | Overlap |
|---|---|---|---|
| Meridian ARC HOLMERIDI | 0.57% | 0.31% | 0.31% |
| Black Pearl COMPBLKPRL | 0.23% | 0.86% | 0.23% |
| Talen Energy SUPTLN | 0.21% | 0.34% | 0.21% |
| Mineral ResourceMINAU | 0.04% | 0.10% | 0.04% |
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: PHYL, SEC Form N-PORT, May 29, 2026; JSI, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | PHYL | JSI |
|---|---|---|
| Osaic Holdings, Inc. | $3.4M | $129.9M |
| LPL Financial LLC | $11.8M | $115.1M |
| Raymond James Financial Inc. | $80.2M | $41.9M |
| Ameriprise Financial Inc. | $51.0M | $28.7M |
| Envestnet Asset Management Inc. | $52.8M | $14.5M |
| Cambridge Investment Research Advisors, Inc. | $11.1M | $52.3M |
| UBS Group AG | $4K | $52.4M |
| PNC Financial Services Group, Inc. | $29.0M | $3.1M |
| Advisory Resource Group | $5.6M | $25.2M |
| Bank of New York Mellon Corp | $952K | $25.4M |
| Royal Bank of Canada | $12.0M | $10.1M |
| Wells Fargo & Company | $18.9M | $2.5M |
| AE Wealth Management LLC | $13K | $19.7M |
| Morgan Stanley | $129K | $15.8M |
| Stifel Financial Corp. | $6.9M | $8.8M |
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: PHYL institutional holders, JSI institutional holders.
Frequently asked questions
How much do PHYL and JSI overlap?
0.8% by weight, with 4 holdings in common, using holdings for PHYL as of May 29, 2026 and JSI as of July 31, 2026. The largest shared position is MERIDI.
Do institutions hold both PHYL and JSI?
35 Form 13F filers report positions in both, out of 259 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%.