QDEF vs MFSV overlap
QDEF and MFSV overlap 15.4% by weight, across 18 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (QDEF: July 31, 2026, MFSV: May 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 | QDEF | MFSV | Overlap |
|---|---|---|---|
| JPMorgan ChaseJPM | 2.11% | 4.33% | 2.11% |
| KLA Corp.KLAC | 1.69% | 3.38% | 1.69% |
| Abbvie Inc.ABBV | 3.03% | 1.67% | 1.67% |
| Johnson&JohnsonJNJ | 2.76% | 1.47% | 1.47% |
| Procter & GamblePG | 2.34% | 1.23% | 1.23% |
| ConocophillipsCOP | 1.06% | 1.81% | 1.06% |
| Philip Morris inPM | 2.07% | 1.00% | 1.00% |
| Alphabet Inc.-aGOOGL | 2.44% | 0.95% | 0.95% |
| DUKE Energy Corp.DUK | 0.68% | 2.13% | 0.68% |
| Microsoft Corp.MSFT | 4.04% | 0.57% | 0.57% |
| Illinois Tool WOITW | 0.57% | 1.11% | 0.57% |
| Kimberly-ClarkKMB | 0.52% | 0.78% | 0.52% |
| McKesson Corp.MCK | 0.50% | 2.10% | 0.50% |
| Accenture PLC-aACN | 0.48% | 1.30% | 0.48% |
| Exxon Mobil Corp.XOM | 0.46% | 2.74% | 0.46% |
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: QDEF, SEC Form N-PORT, July 31, 2026; MFSV, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | QDEF | MFSV |
|---|---|---|
| LPL Financial LLC | $16.4M | $162.9M |
| Jones Financial Companies LLLP | $978K | $41.1M |
| Bank of America Corp. | $7.7M | $21.6M |
| Raymond James Financial Inc. | $7.0M | $15.3M |
| Envestnet Asset Management Inc. | $655K | $9.7M |
| Morgan Stanley | $8.8M | $63K |
| Commonwealth Equity Services, LLC | $1.4M | $6.1M |
| Cetera Investment Advisers | $1.7M | $4.6M |
| Cambridge Investment Research Advisors, Inc. | $3.4M | $822K |
| Stifel Financial Corp. | $731K | $2.4M |
| Goldman Sachs Group Inc. | $1.2M | $1.6M |
| Equitable Holdings, Inc. | $635K | $1.7M |
| Royal Bank of Canada | $2.0M | $210K |
| Susquehanna International Group, LLP | $449K | $1.1M |
| Ameritas Advisory Services, LLC | $893K | $7K |
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: QDEF institutional holders, MFSV institutional holders.
Frequently asked questions
How much do QDEF and MFSV overlap?
15.4% by weight, with 18 holdings in common, using holdings for QDEF as of July 31, 2026 and MFSV as of May 31, 2026. The largest shared position is JPM.
Do institutions hold both QDEF and MFSV?
20 Form 13F filers report positions in both, out of 128 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%.