SMRI vs AQEC overlap

SMRI and AQEC overlap 9.1% by weight, across 6 shared holdings.

SMRIAQEC

Pick 2 to 4 ETFs.

9.1%

overlap by weight, across 6 shared holdings

SMRI12.6% of the fund is in shared holdings, of 47

AQEC9.1% of the fund is in shared holdings, of 64

Top shared holdings

Holding	SMRI	AQEC	Overlap
Airbnb Inc.-aABNB	1.99%	1.67%	1.67%
Adobe Inc.ADBE	2.31%	1.54%	1.54%
Booking HoldingsBKNG	2.07%	1.52%	1.52%
Automatic DataADP	2.21%	1.47%	1.47%
Roper TechnologiROP	2.17%	1.47%	1.47%
Zoetis Inc.ZTS	1.83%	1.45%	1.45%

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: SMRI, SEC Form N-PORT, July 31, 2026; AQEC, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 11 holding any

SMRI0.2% of its 13F dollars, 12.5% of its 8 holders

AQEC0.1% of its 13F dollars, 25.0% of its 4 holders

Largest institutions holding both

Firm	SMRI	AQEC
GTS Securities LLC	$1.1M	$759K

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: SMRI institutional holders, AQEC institutional holders.

Frequently asked questions

How much do SMRI and AQEC overlap?

9.1% by weight, with 6 holdings in common, using holdings for SMRI as of July 31, 2026 and AQEC as of June 30, 2026. The largest shared position is ABNB.

Do institutions hold both SMRI and AQEC?

1 Form 13F filers report positions in both, out of 11 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%.