RETL vs HEMI overlap

RETL and HEMI overlap 4.5% by weight, across 6 shared holdings.

RETLHEMI

Pick 2 to 4 ETFs.

4.5%

overlap by weight, across 6 shared holdings

RETL5.7% of the fund is in shared holdings, of 75

HEMI8.9% of the fund is in shared holdings, of 77

Top shared holdings

Holding	RETL	HEMI	Overlap
Amazon.COM Inc.AMZN	1.09%	5.06%	1.09%
BJ'S Wholesale CBJ	1.01%	0.98%	0.98%
Walmart Inc.WMT	0.88%	1.33%	0.88%
Autozone Inc.AZO	0.93%	0.60%	0.60%
DICK'S SportingDKS	0.87%	0.49%	0.49%
Casey's GeneralCASY	0.91%	0.43%	0.43%

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: RETL, SEC Form N-PORT, July 31, 2026; HEMI, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 12 holding any

RETL45.7% of its 13F dollars, 11.1% of its 9 holders

HEMI9.7% of its 13F dollars, 25.0% of its 4 holders

Largest institutions holding both

Firm	RETL	HEMI
Susquehanna International Group, LLP	$2.8M	$573K

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: RETL institutional holders, HEMI institutional holders.

Frequently asked questions

How much do RETL and HEMI overlap?

4.5% by weight, with 6 holdings in common, using holdings for RETL as of July 31, 2026 and HEMI as of July 31, 2026. The largest shared position is AMZN.

Do institutions hold both RETL and HEMI?

1 Form 13F filers report positions in both, out of 12 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%.