SDIV vs PDN overlap
SDIV and PDN overlap 0.9% by weight, across 12 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | SDIV | PDN | Overlap |
|---|---|---|---|
| VAR Energi ASAVAR | 1.42% | 0.21% | 0.21% |
| Hoegh AutolinersHAUTO | 1.51% | 0.14% | 0.14% |
| SFL Corp. Ltd. 0.00000000SFL | 1.21% | 0.09% | 0.09% |
| DNO ASADNO | 1.10% | 0.09% | 0.09% |
| IcadeICAD | 0.91% | 0.07% | 0.07% |
| Vtech Hldgs Ltd.303 | 0.82% | 0.06% | 0.06% |
| Energean PLCENOG | 0.87% | 0.05% | 0.05% |
| M6-Metropole TELMMT | 1.01% | 0.05% | 0.05% |
| Victrex PLCVCT | 1.32% | 0.05% | 0.05% |
| Nordic AmericanNAT | 1.44% | 0.03% | 0.03% |
| ESR-REITEREIT | 1.06% | 0.03% | 0.03% |
| IPH Ltd.IPH | 1.14% | 0.02% | 0.02% |
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: SDIV, SEC Form N-PORT, July 31, 2026; PDN, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | SDIV | PDN |
|---|---|---|
| LPL Financial LLC | $26.5M | $1.3M |
| Morgan Stanley | $14.3M | $3.2M |
| Bank of America Corp. | $13.5M | $539K |
| Wells Fargo & Company | $9.6M | $1.4M |
| Osaic Holdings, Inc. | $10.2M | $158K |
| HighTower Advisors, LLC | $557K | $8.3M |
| Ameriprise Financial Inc. | $2.9M | $5.1M |
| Cetera Investment Advisers | $5.3M | $669K |
| AE Wealth Management LLC | $5.9M | $15K |
| Raymond James Financial Inc. | $4.5M | $484K |
| Flow Traders U.S. LLC | $4.2M | $684K |
| Susquehanna International Group, LLP | $215K | $4.5M |
| UBS Group AG | $3.9M | $402K |
| Jones Financial Companies LLLP | $3.4M | $775K |
| Focus Partners Wealth | $297K | $3.2M |
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: SDIV institutional holders, PDN institutional holders.
Frequently asked questions
How much do SDIV and PDN overlap?
0.9% by weight, with 12 holdings in common, using holdings for SDIV as of July 31, 2026 and PDN as of July 31, 2026. The largest shared position is VAR.
Do institutions hold both SDIV and PDN?
42 Form 13F filers report positions in both, out of 177 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%.