RWK vs FNX overlap
RWK and FNX overlap 33.2% by weight, across 239 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (RWK: May 31, 2026, FNX: July 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | RWK | FNX | Overlap |
|---|---|---|---|
| Lithia MotorsLAD | 1.58% | 0.50% | 0.50% |
| HF Sinclair Corp.DINO | 1.27% | 0.49% | 0.49% |
| GAP Inc./theGAP | 0.53% | 0.40% | 0.40% |
| MACY'S Inc.M | 1.08% | 0.39% | 0.39% |
| RenaissancereRNR | 0.47% | 0.38% | 0.38% |
| LEAR Corp.LEA | 1.08% | 0.37% | 0.37% |
| Penske AutomotivPAG | 1.30% | 0.36% | 0.36% |
| Graphic PackaginGPK | 0.36% | 0.38% | 0.36% |
| Kyndryl HoldingsKD | 0.57% | 0.36% | 0.36% |
| THOR IndustriesTHO | 0.35% | 0.37% | 0.35% |
| Commercial MetalCMC | 0.35% | 0.41% | 0.35% |
| BOOZ Allen HamilBAH | 0.45% | 0.34% | 0.34% |
| Autonation Inc.AN | 1.04% | 0.34% | 0.34% |
| Ovintiv Inc.OVV | 0.34% | 0.44% | 0.34% |
| Jefferies FinancJEF | 0.46% | 0.33% | 0.33% |
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: RWK, SEC Form N-PORT, May 31, 2026; FNX, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | RWK | FNX |
|---|---|---|
| Morgan Stanley | $150.0M | $162.7M |
| LPL Financial LLC | $94.0M | $152.3M |
| Wells Fargo & Company | $37.3M | $103.6M |
| Raymond James Financial Inc. | $21.3M | $64.1M |
| Bank of America Corp. | $47.2M | $30.5M |
| Royal Bank of Canada | $6.1M | $43.3M |
| UBS Group AG | $17.4M | $29.1M |
| Cetera Investment Advisers | $4.8M | $30.7M |
| Northwestern Mutual Wealth Management Co | $18.6M | $11.6M |
| Commonwealth Equity Services, LLC | $14.0M | $10.0M |
| Osaic Holdings, Inc. | $11.2M | $7.6M |
| HighTower Advisors, LLC | $941K | $17.7M |
| Stifel Financial Corp. | $1.5M | $13.1M |
| Cambridge Investment Research Advisors, Inc. | $4.6M | $9.9M |
| Jones Financial Companies LLLP | $12.1M | $2.2M |
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: RWK institutional holders, FNX institutional holders.
Frequently asked questions
How much do RWK and FNX overlap?
33.2% by weight, with 239 holdings in common, using holdings for RWK as of May 31, 2026 and FNX as of July 31, 2026. The largest shared position is LAD.
Do institutions hold both RWK and FNX?
68 Form 13F filers report positions in both, out of 282 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%.