SMIZ vs ISMD overlap
SMIZ and ISMD overlap 7.5% by weight, across 40 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | SMIZ | ISMD | Overlap |
|---|---|---|---|
| MaxlinearMXL | 0.59% | 0.91% | 0.59% |
| TTM TechnologiesTTMI | 0.46% | 0.31% | 0.31% |
| MYR Group Inc./deMYRG | 0.72% | 0.28% | 0.28% |
| Commvault SystemCVLT | 1.05% | 0.26% | 0.26% |
| NWPX InfrastructNWPX | 0.80% | 0.26% | 0.26% |
| Arrow ElectronicARW | 0.86% | 0.26% | 0.26% |
| Veracyte Inc.VCYT | 0.36% | 0.24% | 0.24% |
| Omnicell Inc.OMCL | 0.34% | 0.23% | 0.23% |
| Rogers Corp.ROG | 0.36% | 0.22% | 0.22% |
| Formfactor Inc.FORM | 0.29% | 0.22% | 0.22% |
| Qualys Inc.QLYS | 0.25% | 0.21% | 0.21% |
| Pebblebrook HOTEPEB | 0.53% | 0.20% | 0.20% |
| Cirrus Logic Inc.CRUS | 0.88% | 0.20% | 0.20% |
| Interface Inc.TILE | 0.30% | 0.20% | 0.20% |
| United NaturalUNFI | 0.66% | 0.20% | 0.20% |
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: SMIZ, SEC Form N-PORT, May 31, 2026; ISMD, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | SMIZ | ISMD |
|---|---|---|
| LPL Financial LLC | $9.5M | $13.1M |
| Envestnet Asset Management Inc. | $13.1M | $497K |
| Steward Partners Investment Advisory, LLC | $11.9M | $67K |
| CreativeOne Wealth, LLC | $10.9M | $226K |
| Goldman Sachs Group Inc. | $1.7M | $3.2M |
| Cambridge Investment Research Advisors, Inc. | $2.9M | $1.9M |
| Farther Finance Advisors, LLC | $2.1M | $660K |
| Simplicity Wealth,LLC | $712K | $2.0M |
| Creative Financial Designs Inc. | $1K | $2.6M |
| Faithward Advisors, LLC | $997K | $663K |
| Sanctuary Advisors, LLC | $970K | $545K |
| Revisor Wealth Management LLC | $663K | $577K |
| Harbour Investments, Inc. | $662K | $573K |
| IFP Advisors, Inc | $4K | $767K |
| Osaic Holdings, Inc. | $102K | $556K |
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: SMIZ institutional holders, ISMD institutional holders.
Frequently asked questions
How much do SMIZ and ISMD overlap?
7.5% by weight, with 40 holdings in common, using holdings for SMIZ as of May 31, 2026 and ISMD as of May 31, 2026. The largest shared position is MXL.
Do institutions hold both SMIZ and ISMD?
19 Form 13F filers report positions in both, out of 163 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%.