RFCI vs QIG overlap

RFCI and QIG overlap 0.9% by weight, across 3 shared holdings.

RFCIQIG

Pick 2 to 4 ETFs.

0.9%

overlap by weight, across 3 shared holdings

RFCI5.2% of the fund is in shared holdings, of 45

QIG0.9% of the fund is in shared holdings, of 502

Top shared holdings

Holding	RFCI	QIG	Overlap
Citigroup Inc.	1.32%	0.73%	0.73%
Citigroup Inc.	1.71%	0.12%	0.12%
Public Service	2.19%	0.10%	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: RFCI, SEC Form N-PORT, May 31, 2026; QIG, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 26 holding any

RFCI12.1% of its 13F dollars, 28.6% of its 14 holders

QIG2.0% of its 13F dollars, 25.0% of its 16 holders

Largest institutions holding both

Firm	RFCI	QIG
Susquehanna International Group, LLP	$1.8M	$282K
UBS Group AG	$1K	$27K
Wells Fargo & Company	$6K	$45
Morgan Stanley	$22	$75

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: RFCI institutional holders, QIG institutional holders.

Frequently asked questions

How much do RFCI and QIG overlap?

0.9% by weight, with 3 holdings in common, using holdings for RFCI as of May 31, 2026 and QIG as of June 30, 2026. The largest shared position is CITIGROUP INC.

Do institutions hold both RFCI and QIG?

4 Form 13F filers report positions in both, out of 26 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%.