QLTY vs IWX overlap
QLTY and IWX overlap 27.4% by weight, across 21 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | QLTY | IWX | Overlap |
|---|---|---|---|
| Microsoft Corp.MSFT | 7.17% | 5.44% | 5.44% |
| Apple Inc.AAPL | 5.12% | 7.53% | 5.12% |
| Amazon.COM Inc.AMZN | 3.90% | 8.32% | 3.90% |
| Johnson&JohnsonJNJ | 4.22% | 2.40% | 2.40% |
| Unitedhealth GRPUNH | 2.85% | 1.47% | 1.47% |
| Procter & GamblePG | 2.35% | 1.34% | 1.34% |
| Merck & CoMRK | 1.83% | 1.25% | 1.25% |
| Coca-Cola Co/theKO | 1.76% | 1.10% | 1.10% |
| META Platforms-aMETA | 4.31% | 0.88% | 0.88% |
| Thermo FisherTMO | 2.94% | 0.73% | 0.73% |
| Abbott LabsABT | 2.29% | 0.62% | 0.62% |
| UBER TechnologieUBER | 1.22% | 0.50% | 0.50% |
| Salesforce Inc.CRM | 2.54% | 0.49% | 0.49% |
| US BancorpUSB | 2.46% | 0.37% | 0.37% |
| TJX COS Inc.TJX | 1.45% | 0.36% | 0.36% |
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: QLTY, SEC Form N-PORT, May 31, 2026; IWX, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | QLTY | IWX |
|---|---|---|
| Brown Brothers Harriman & Co | $434.1M | $455K |
| Envestnet Asset Management Inc. | $12.5M | $191.0M |
| LPL Financial LLC | $106.0M | $50.8M |
| Focus Partners Wealth | $103.3M | $369K |
| Atria Investments, Inc | $70.9M | $257K |
| Raymond James Financial Inc. | $40.4M | $18.6M |
| Morgan Stanley | $19.3M | $21.0M |
| UBS Group AG | $311K | $39.6M |
| JPMorgan Chase & Co | $9.2M | $30.3M |
| Bank of America Corp. | $7.3M | $28.1M |
| MML Investors Services, LLC | $26.3M | $5.2M |
| New Republic Capital, LLC | $22.4M | $15K |
| Cambridge Investment Research Advisors, Inc. | $2.9M | $18.7M |
| Osaic Holdings, Inc. | $12.3M | $8.9M |
| Integrated Wealth Concepts LLC | $13.9M | $5.9M |
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: QLTY institutional holders, IWX institutional holders.
Frequently asked questions
How much do QLTY and IWX overlap?
27.4% by weight, with 21 holdings in common, using holdings for QLTY as of May 31, 2026 and IWX as of June 30, 2026. The largest shared position is MSFT.
Do institutions hold both QLTY and IWX?
52 Form 13F filers report positions in both, out of 373 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%.