PIEQ vs ILOW overlap
PIEQ and ILOW overlap 14.2% by weight, across 9 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | PIEQ | ILOW | Overlap |
|---|---|---|---|
| ASML Holding NVASML | 6.80% | 2.87% | 2.87% |
| BAE Systems PLCBAESF | 2.55% | 1.98% | 1.98% |
| AIB Group PLCAIBG | 3.77% | 1.79% | 1.79% |
| Astrazeneca PLCAZN | 3.05% | 1.67% | 1.67% |
| BRIT AMER TobaccBATS | 3.97% | 1.55% | 1.55% |
| Unicredit SpaUCG | 2.23% | 1.48% | 1.48% |
| Shell PLCSHELL | 1.33% | 1.33% | 1.33% |
| AIA1299 | 2.45% | 1.00% | 1.00% |
| GaztransportGTT | 0.48% | 0.69% | 0.48% |
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: PIEQ, SEC Form N-PORT, June 30, 2026; ILOW, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | PIEQ | ILOW |
|---|---|---|
| Envestnet Asset Management Inc. | $378.8M | $1.2M |
| Northwestern Mutual Wealth Management Co | $2K | $44.2M |
| LPL Financial LLC | $3.6M | $32.9M |
| Jane Street Group, LLC | $2.4M | $2.4M |
| Next Level Private LLC | $913K | $1.0M |
| Citadel Advisors LLC | $266K | $1.3M |
| UBS Group AG | $13K | $522K |
| FMR LLC | $49K | $15K |
| Integrated Wealth Concepts LLC | $16K | $18K |
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: PIEQ institutional holders, ILOW institutional holders.
Frequently asked questions
How much do PIEQ and ILOW overlap?
14.2% by weight, with 9 holdings in common, using holdings for PIEQ as of June 30, 2026 and ILOW as of May 31, 2026. The largest shared position is ASML.
Do institutions hold both PIEQ and ILOW?
9 Form 13F filers report positions in both, out of 74 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%.