SAWG vs MVAL overlap

SAWG and MVAL overlap 7.0% by weight, across 4 shared holdings.

SAWGMVAL

Pick 2 to 4 ETFs.

7.0%

overlap by weight, across 4 shared holdings

SAWG9.8% of the fund is in shared holdings, of 42

MVAL8.1% of the fund is in shared holdings, of 45

Top shared holdings

Holding	SAWG	MVAL	Overlap
Microsoft Corp.MSFT	4.61%	2.59%	2.59%
Applied MaterialAMAT	2.48%	2.97%	2.48%
META Platforms-aMETA	2.12%	1.29%	1.29%
S&P Global Inc.SPGI	0.61%	1.22%	0.61%

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: SAWG, SEC Form N-PORT, July 31, 2026; MVAL, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 7 holding any

SAWG68.5% of its 13F dollars, 33.3% of its 3 holders

MVAL41.8% of its 13F dollars, 20.0% of its 5 holders

Largest institutions holding both

Firm	SAWG	MVAL
Citadel Advisors LLC	$493K	$283K

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: SAWG institutional holders, MVAL institutional holders.

Frequently asked questions

How much do SAWG and MVAL overlap?

7.0% by weight, with 4 holdings in common, using holdings for SAWG as of July 31, 2026 and MVAL as of June 30, 2026. The largest shared position is MSFT.

Do institutions hold both SAWG and MVAL?

1 Form 13F filers report positions in both, out of 7 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%.