SMDV vs ISCV overlap
SMDV and ISCV overlap 5.6% by weight, across 72 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (SMDV: May 31, 2026, ISCV: 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 | SMDV | ISCV | Overlap |
|---|---|---|---|
| United BankshsUBSI | 1.03% | 0.21% | 0.21% |
| Portland GeneralPOR | 0.90% | 0.18% | 0.18% |
| Atlantic Union BAUB | 1.01% | 0.18% | 0.18% |
| New Jersey RESNJR | 0.97% | 0.18% | 0.18% |
| Black Hills Corp.BKH | 0.94% | 0.17% | 0.17% |
| Assoc BANC-Corp.ASB | 1.05% | 0.16% | 0.16% |
| One Gas Inc.OGS | 0.85% | 0.15% | 0.15% |
| Fulton FinancialFULT | 1.02% | 0.14% | 0.14% |
| Spire Inc.SR | 0.85% | 0.14% | 0.14% |
| Northwestern ENENWE | 0.97% | 0.13% | 0.13% |
| Caretrust REICTRE | 0.97% | 0.13% | 0.13% |
| Indep Bank/MAINDB | 0.98% | 0.12% | 0.12% |
| United CommunityUCB | 1.02% | 0.12% | 0.12% |
| Wesbanco Inc.WSBC | 0.98% | 0.12% | 0.12% |
| Otter TAIL Corp.OTTR | 0.92% | 0.12% | 0.12% |
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: SMDV, SEC Form N-PORT, May 31, 2026; ISCV, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | SMDV | ISCV |
|---|---|---|
| Morgan Stanley | $70.5M | $22.6M |
| UBS Group AG | $33.3M | $10.7M |
| Bank of America Corp. | $21.3M | $15.3M |
| LPL Financial LLC | $19.6M | $14.9M |
| Raymond James Financial Inc. | $24.7M | $8.6M |
| Royal Bank of Canada | $14.4M | $16.5M |
| Wells Fargo & Company | $21.9M | $6.6M |
| Cambridge Investment Research Advisors, Inc. | $9.3M | $5.8M |
| Envestnet Asset Management Inc. | $3.2M | $10.4M |
| Cetera Investment Advisers | $2.7M | $8.0M |
| Ameriprise Financial Inc. | $4.0M | $3.1M |
| Commonwealth Equity Services, LLC | $2.7M | $4.0M |
| Susquehanna International Group, LLP | $2.6M | $3.8M |
| Aptus Capital Advisors, LLC | $23K | $4.7M |
| Stifel Financial Corp. | $4.1M | $238K |
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: SMDV institutional holders, ISCV institutional holders.
Frequently asked questions
How much do SMDV and ISCV overlap?
5.6% by weight, with 72 holdings in common, using holdings for SMDV as of May 31, 2026 and ISCV as of July 31, 2026. The largest shared position is UBSI.
Do institutions hold both SMDV and ISCV?
51 Form 13F filers report positions in both, out of 218 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%.