ROUS vs QDEF overlap
ROUS and QDEF overlap 29.0% by weight, across 87 shared holdings.
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Top shared holdings
| Holding | ROUS | QDEF | Overlap |
|---|---|---|---|
| Alphabet Inc.-aGOOGL | 1.40% | 2.44% | 1.40% |
| Cisco SystemsCSCO | 1.33% | 2.27% | 1.33% |
| LAM ResearchLRCX | 0.99% | 1.36% | 0.99% |
| KLA Corp.KLAC | 0.97% | 1.69% | 0.97% |
| Apple Inc.AAPL | 0.97% | 8.31% | 0.97% |
| Johnson&JohnsonJNJ | 0.90% | 2.76% | 0.90% |
| Microsoft Corp.MSFT | 0.87% | 4.04% | 0.87% |
| Gilead SciencesGILD | 0.74% | 1.07% | 0.74% |
| Nvidia Corp.NVDA | 0.66% | 6.40% | 0.66% |
| Bristol-MYER SQBBMY | 0.63% | 0.93% | 0.63% |
| TJX COS Inc.TJX | 0.57% | 1.22% | 0.57% |
| Western DigitalWDC | 1.25% | 0.56% | 0.56% |
| Cognizant Tech-aCTSH | 0.85% | 0.56% | 0.56% |
| Electronic ARTSEA | 0.93% | 0.56% | 0.56% |
| H&R Block Inc.HRB | 0.64% | 0.56% | 0.56% |
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: ROUS, SEC Form N-PORT, July 31, 2026; QDEF, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | ROUS | QDEF |
|---|---|---|
| NorthRock Partners, LLC | $81.8M | $318K |
| LPL Financial LLC | $52.3M | $16.4M |
| Morgan Stanley | $35.3M | $8.8M |
| Raymond James Financial Inc. | $30.6M | $7.0M |
| Ameriprise Financial Inc. | $19.4M | $2.2M |
| Bank of America Corp. | $13.8M | $7.7M |
| Jones Financial Companies LLLP | $17.5M | $978K |
| Royal Bank of Canada | $12.3M | $2.0M |
| Wells Fargo & Company | $10.9M | $26K |
| Cetera Investment Advisers | $7.1M | $1.7M |
| UBS Group AG | $7.5M | $664K |
| Commonwealth Equity Services, LLC | $6.8M | $1.4M |
| NewEdge Advisors, LLC | $4.3M | $763K |
| Harbour Investments, Inc. | $3.8M | $328K |
| Osaic Holdings, Inc. | $3.2M | $377K |
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: ROUS institutional holders, QDEF institutional holders.
Frequently asked questions
How much do ROUS and QDEF overlap?
29.0% by weight, with 87 holdings in common, using holdings for ROUS as of July 31, 2026 and QDEF as of July 31, 2026. The largest shared position is GOOGL.
Do institutions hold both ROUS and QDEF?
31 Form 13F filers report positions in both, out of 142 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%.