SPHB vs NTSX overlap
SPHB and NTSX overlap 20.3% by weight, across 84 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | SPHB | NTSX | Overlap |
|---|---|---|---|
| Micron TechMU | 1.92% | 1.71% | 1.71% |
| ADV Micro DeviceAMD | 1.50% | 1.32% | 1.32% |
| Tesla Inc.TSLA | 1.20% | 1.69% | 1.20% |
| Broadcom Inc.AVGO | 1.10% | 2.28% | 1.10% |
| Nvidia Corp.NVDA | 0.94% | 6.83% | 0.94% |
| META Platforms-aMETA | 0.88% | 1.91% | 0.88% |
| Intel Corp.INTC | 1.14% | 0.86% | 0.86% |
| Applied MaterialAMAT | 1.19% | 0.80% | 0.80% |
| Amazon.COM Inc.AMZN | 0.79% | 3.35% | 0.79% |
| LAM ResearchLRCX | 1.45% | 0.75% | 0.75% |
| Caterpillar Inc.CAT | 0.78% | 0.68% | 0.68% |
| KLA Corp.KLAC | 1.23% | 0.53% | 0.53% |
| Oracle Corp.ORCL | 1.01% | 0.49% | 0.49% |
| Morgan StanleyMS | 0.78% | 0.44% | 0.44% |
| DELL Techn-CDELL | 1.57% | 0.44% | 0.44% |
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: SPHB, SEC Form N-PORT, May 31, 2026; NTSX, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | SPHB | NTSX |
|---|---|---|
| Cambridge Investment Research Advisors, Inc. | $73.3M | $2.5M |
| LPL Financial LLC | $40.7M | $22.5M |
| Wealthcare Advisory Partners LLC | $751K | $60.9M |
| Morgan Stanley | $42.2M | $4.2M |
| Cetera Investment Advisers | $5.2M | $32.7M |
| OneDigital Investment Advisors LLC | $649K | $36.1M |
| Wells Fargo & Company | $34.7M | $326K |
| NewEdge Advisors, LLC | $22.4M | $865K |
| Wealth Enhancement Advisory Services, LLC | $246K | $19.4M |
| BNP Paribas Financial Markets | $7.8M | $9.0M |
| UBS Group AG | $13.5M | $3K |
| Kestra Advisory Services, LLC | $3.3M | $7.6M |
| JPMorgan Chase & Co | $5.4M | $5.4M |
| Envestnet Asset Management Inc. | $7.8M | $928K |
| Royal Bank of Canada | $7.5M | $312K |
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: SPHB institutional holders, NTSX institutional holders.
Frequently asked questions
How much do SPHB and NTSX overlap?
20.3% by weight, with 84 holdings in common, using holdings for SPHB as of May 31, 2026 and NTSX as of June 30, 2026. The largest shared position is MU.
Do institutions hold both SPHB and NTSX?
34 Form 13F filers report positions in both, out of 250 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%.