POW vs ESSC overlap

POW and ESSC overlap 1.4% by weight, across 6 shared holdings.

POWESSC

Pick 2 to 4 ETFs.

1.4%

overlap by weight, across 6 shared holdings

POW9.0% of the fund is in shared holdings, of 54

ESSC1.4% of the fund is in shared holdings, of 372

These funds report on different dates (POW: May 31, 2026, ESSC: 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	POW	ESSC	Overlap
ADV Energy INDSAEIS	0.90%	0.48%	0.48%
Powell INDS Inc.POWL	6.24%	0.41%	0.41%
Nextpower Inc.-aNXT	0.20%	0.18%	0.18%
NRG EnergyNRG	0.52%	0.14%	0.14%
Enphase EnergyENPH	0.93%	0.13%	0.13%
Fluence Energy IFLNC	0.23%	0.10%	0.10%

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: POW, SEC Form N-PORT, May 31, 2026; ESSC, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 31 holding any

POW1.9% of its 13F dollars, 10.5% of its 19 holders

ESSC16.0% of its 13F dollars, 14.3% of its 14 holders

Largest institutions holding both

Firm	POW	ESSC
Wealth Enhancement Advisory Services, LLC	$316K	$4.4M
UBS Group AG	$223K	$42K

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: POW institutional holders, ESSC institutional holders.

Frequently asked questions

How much do POW and ESSC overlap?

1.4% by weight, with 6 holdings in common, using holdings for POW as of May 31, 2026 and ESSC as of July 31, 2026. The largest shared position is AEIS.

Do institutions hold both POW and ESSC?

2 Form 13F filers report positions in both, out of 31 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%.