POWA vs IDNA overlap
POWA and IDNA overlap 3.7% by weight, across 2 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (POWA: May 31, 2026, IDNA: 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 | POWA | IDNA | Overlap |
|---|---|---|---|
| Roper TechnologiROP | 2.09% | 3.85% | 2.09% |
| Regeneron PharmREGN | 1.63% | 4.35% | 1.63% |
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: POWA, SEC Form N-PORT, May 31, 2026; IDNA, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | POWA | IDNA |
|---|---|---|
| LPL Financial LLC | $23.8M | $2.4M |
| Bank of America Corp. | $1.5M | $15.8M |
| UBS Group AG | $110K | $16.7M |
| Morgan Stanley | $2.6M | $2.7M |
| Commonwealth Equity Services, LLC | $3.7M | $933K |
| Trek Financial, LLC | $845K | $3.1M |
| Goldman Sachs Group Inc. | $3.3M | $629K |
| Raymond James Financial Inc. | $1.2M | $2.5M |
| Royal Bank of Canada | $240K | $3.0M |
| Wells Fargo & Company | $9 | $3.2M |
| Cambridge Investment Research Advisors, Inc. | $1.2M | $1.6M |
| Osaic Holdings, Inc. | $1.0M | $533K |
| Cetera Investment Advisers | $805K | $528K |
| Envestnet Asset Management Inc. | $222K | $679K |
| Jones Financial Companies LLLP | $63K | $813K |
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: POWA institutional holders, IDNA institutional holders.
Frequently asked questions
How much do POWA and IDNA overlap?
3.7% by weight, with 2 holdings in common, using holdings for POWA as of May 31, 2026 and IDNA as of July 31, 2026. The largest shared position is ROP.
Do institutions hold both POWA and IDNA?
25 Form 13F filers report positions in both, out of 115 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%.