QDPL vs FQAL overlap
QDPL and FQAL overlap 48.3% by weight, across 110 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | QDPL | FQAL | Overlap |
|---|---|---|---|
| Nvidia Corp.NVDA | 6.87% | 7.69% | 6.87% |
| Apple Inc.AAPL | 6.41% | 7.22% | 6.41% |
| Microsoft Corp.MSFT | 4.88% | 5.62% | 4.88% |
| Alphabet Inc.-aGOOGL | 2.95% | 5.58% | 2.95% |
| Broadcom Inc.AVGO | 2.60% | 3.36% | 2.60% |
| META Platforms-aMETA | 1.73% | 1.90% | 1.73% |
| JPMorgan ChaseJPM | 1.33% | 1.97% | 1.33% |
| ELI Lilly & CoLLY | 1.28% | 1.77% | 1.28% |
| Exxon Mobil Corp.XOM | 0.91% | 1.12% | 0.91% |
| Johnson&JohnsonJNJ | 0.87% | 1.37% | 0.87% |
| VISA Inc.-Class aV | 0.86% | 1.48% | 0.86% |
| Mastercard Inc.-aMA | 0.65% | 1.23% | 0.65% |
| Cisco SystemsCSCO | 0.65% | 1.46% | 0.65% |
| Abbvie Inc.ABBV | 0.63% | 1.14% | 0.63% |
| Applied MaterialAMAT | 0.57% | 1.54% | 0.57% |
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: QDPL, SEC Form N-PORT, July 31, 2026; FQAL, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | QDPL | FQAL |
|---|---|---|
| FMR LLC | $172K | $576.6M |
| LPL Financial LLC | $155.9M | $7.8M |
| Bank of America Corp. | $123.8M | $4.0M |
| Envestnet Asset Management Inc. | $11.8M | $111.8M |
| Morgan Stanley | $118.0M | $5.1M |
| Cambridge Investment Research Advisors, Inc. | $71.3M | $4.8M |
| Raymond James Financial Inc. | $65.3M | $5.9M |
| Kestra Advisory Services, LLC | $7.4M | $61.9M |
| Royal Bank of Canada | $30.7M | $6.1M |
| Commonwealth Equity Services, LLC | $21.8M | $9.2M |
| Osaic Holdings, Inc. | $20.6M | $10.1M |
| Cetera Investment Advisers | $16.7M | $13.3M |
| Northwestern Mutual Wealth Management Co | $22.7M | $6.5M |
| Wells Fargo & Company | $22.4M | $6K |
| JPMorgan Chase & Co | $192K | $18.9M |
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: QDPL institutional holders, FQAL institutional holders.
Frequently asked questions
How much do QDPL and FQAL overlap?
48.3% by weight, with 110 holdings in common, using holdings for QDPL as of July 31, 2026 and FQAL as of July 31, 2026. The largest shared position is NVDA.
Do institutions hold both QDPL and FQAL?
46 Form 13F filers report positions in both, out of 310 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%.