QLD vs DIVO overlap
QLD and DIVO overlap 12.1% by weight, across 5 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | QLD | DIVO | Overlap |
|---|---|---|---|
| Apple Inc.AAPL | 4.55% | 5.10% | 4.55% |
| Microsoft Corp.MSFT | 3.32% | 4.93% | 3.32% |
| Nvidia Corp.NVDA | 5.09% | 2.16% | 2.16% |
| Walmart Inc.WMT | 1.55% | 3.17% | 1.55% |
| Amgen Inc.AMGN | 0.50% | 4.19% | 0.50% |
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: QLD, SEC Form N-PORT, May 31, 2026; DIVO, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | QLD | DIVO |
|---|---|---|
| LPL Financial LLC | $14.7M | $399.3M |
| Morgan Stanley | $140K | $200.3M |
| Envestnet Asset Management Inc. | $3.0M | $166.1M |
| HighTower Advisors, LLC | $12.7M | $91.5M |
| UBS Group AG | $4.0M | $84.5M |
| Royal Bank of Canada | $4K | $86.6M |
| Wealth Enhancement Advisory Services, LLC | $578K | $81.4M |
| Wells Fargo & Company | $132 | $82.0M |
| Osaic Holdings, Inc. | $7.4M | $61.5M |
| Bank of America Corp. | $1.2M | $37.5M |
| Cambridge Investment Research Advisors, Inc. | $4.8M | $27.1M |
| Steward Partners Investment Advisory, LLC | $31K | $25.7M |
| Summit Financial, LLC | $4.4M | $19.8M |
| Mesirow Financial Investment Management, Inc. | $8.5M | $15.2M |
| Marshall Financial Group, LLC | $4.8M | $18.7M |
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: QLD institutional holders, DIVO institutional holders.
Frequently asked questions
How much do QLD and DIVO overlap?
12.1% by weight, with 5 holdings in common, using holdings for QLD as of May 31, 2026 and DIVO as of June 30, 2026. The largest shared position is AAPL.
Do institutions hold both QLD and DIVO?
83 Form 13F filers report positions in both, out of 547 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%.