QWLD vs OPPE overlap

QWLD and OPPE overlap 5.2% by weight, across 80 shared holdings.

QWLDOPPE

Pick 2 to 4 ETFs.

5.2%

overlap by weight, across 80 shared holdings

QWLD5.2% of the fund is in shared holdings, of 1,259

OPPE87.8% of the fund is in shared holdings, of 90

Top shared holdings

Holding	QWLD	OPPE	Overlap
Novartis AG-REGNOVN	0.85%	1.17%	0.85%
SAP SESAPGF	0.35%	1.80%	0.35%
Shell PLCSHELL	0.31%	1.31%	0.31%
ABB Ltd.-REGABBN	0.23%	2.34%	0.23%
GSK PLCGSK	0.20%	0.90%	0.20%
BNP ParibasBNP	0.17%	0.92%	0.17%
Muenchener RUE-RMUV2	0.14%	1.28%	0.14%
BBVABBVA	0.13%	0.38%	0.13%
ENI SpaENI	0.13%	1.90%	0.13%
Mercedes-BENZ GRDAI	0.12%	0.53%	0.12%
BP PLCBP/	0.12%	0.95%	0.12%
Nokia OYJNOKIA	0.12%	1.55%	0.12%
Vodafone GroupVOD	0.10%	1.30%	0.10%
Siemens AG-REGSIE	0.10%	1.64%	0.10%
EngieENGI	0.10%	0.51%	0.10%

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: QWLD, SEC Form N-PORT, June 30, 2026; OPPE, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 99 holding any

QWLD60.8% of its 13F dollars, 28.1% of its 57 holders

OPPE28.6% of its 13F dollars, 27.6% of its 58 holders

Largest institutions holding both

Firm	QWLD	OPPE
LPL Financial LLC	$26.5M	$20.6M
Steward Partners Investment Advisory, LLC	$10.1M	$29K
Osaic Holdings, Inc.	$7.3M	$285K
Raymond James Financial Inc.	$6.0M	$672K
Cambridge Investment Research Advisors, Inc.	$4.2M	$522K
Morgan Stanley	$3.3M	$158K
Citadel Advisors LLC	$554K	$1.4M
UBS Group AG	$68K	$1.8M
Cetera Investment Advisers	$1.2M	$655K
Envestnet Asset Management Inc.	$802K	$450K
Harbour Investments, Inc.	$7K	$954K
Jane Street Group, LLC	$271K	$544K
FMR LLC	$103K	$121K
AE Wealth Management LLC	$94K	$65K
Farther Finance Advisors, LLC	$304	$81K

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: QWLD institutional holders, OPPE institutional holders.

Frequently asked questions

How much do QWLD and OPPE overlap?

5.2% by weight, with 80 holdings in common, using holdings for QWLD as of June 30, 2026 and OPPE as of June 30, 2026. The largest shared position is NOVN.

Do institutions hold both QWLD and OPPE?

16 Form 13F filers report positions in both, out of 99 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%.