QLC vs FGD overlap
QLC and FGD overlap 1.9% by weight, across 6 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | QLC | FGD | Overlap |
|---|---|---|---|
| Altria Group Inc.MO | 0.71% | 1.17% | 0.71% |
| Franklin RES Inc.BEN | 0.53% | 1.05% | 0.53% |
| United Parcel-BUPS | 0.22% | 0.96% | 0.22% |
| Best BUY Co Inc.BBY | 0.16% | 1.17% | 0.16% |
| Ford Motor CoF | 0.15% | 0.82% | 0.15% |
| Prudentl FINLPRU | 0.11% | 1.04% | 0.11% |
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: QLC, SEC Form N-PORT, July 31, 2026; FGD, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | QLC | FGD |
|---|---|---|
| LPL Financial LLC | $10.2M | $176.8M |
| Wells Fargo & Company | $68 | $123.9M |
| Envestnet Asset Management Inc. | $79.0M | $14.9M |
| Morgan Stanley | $934K | $58.5M |
| Bank of America Corp. | $3.6M | $45.1M |
| Raymond James Financial Inc. | $7.1M | $39.3M |
| MML Investors Services, LLC | $42.0M | $501K |
| Commonwealth Equity Services, LLC | $20.4M | $17.0M |
| Cetera Investment Advisers | $6.0M | $16.6M |
| Park National Corp. | $1.3M | $18.7M |
| AE Wealth Management LLC | $8K | $19.9M |
| Royal Bank of Canada | $149K | $17.9M |
| Northwestern Mutual Wealth Management Co | $10.8M | $3.8M |
| Cambridge Investment Research Advisors, Inc. | $698K | $8.2M |
| Osaic Holdings, Inc. | $600K | $5.8M |
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: QLC institutional holders, FGD institutional holders.
Frequently asked questions
How much do QLC and FGD overlap?
1.9% by weight, with 6 holdings in common, using holdings for QLC as of July 31, 2026 and FGD as of June 30, 2026. The largest shared position is MO.
Do institutions hold both QLC and FGD?
32 Form 13F filers report positions in both, out of 247 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%.