SPHQ vs AVLV overlap
SPHQ and AVLV overlap 22.2% by weight, across 42 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (SPHQ: July 31, 2026, AVLV: May 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 | SPHQ | AVLV | Overlap |
|---|---|---|---|
| Apple Inc.AAPL | 5.21% | 3.17% | 3.17% |
| LAM ResearchLRCX | 3.97% | 2.52% | 2.52% |
| Costco WholesaleCOST | 3.99% | 2.05% | 2.05% |
| TJX COS Inc.TJX | 1.58% | 1.52% | 1.52% |
| Applied MaterialAMAT | 2.63% | 1.06% | 1.06% |
| Progressive Corp.PGR | 1.33% | 1.04% | 1.04% |
| KLA Corp.KLAC | 2.37% | 0.93% | 0.93% |
| Netflix Inc.NFLX | 3.71% | 0.91% | 0.91% |
| Ross Stores Inc.ROST | 0.76% | 1.05% | 0.76% |
| Allstate Corp.ALL | 0.77% | 0.74% | 0.74% |
| Travelers COS inTRV | 0.73% | 0.89% | 0.73% |
| Ameriprise FinanAMP | 0.71% | 0.66% | 0.66% |
| WW Grainger Inc.GWW | 0.54% | 0.75% | 0.54% |
| Qualcomm Inc.QCOM | 2.05% | 0.51% | 0.51% |
| Chipotle MexicanCMG | 0.51% | 0.46% | 0.46% |
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: SPHQ, SEC Form N-PORT, July 31, 2026; AVLV, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | SPHQ | AVLV |
|---|---|---|
| Northwestern Mutual Wealth Management Co | $229.0M | $3.0B |
| PNC Financial Services Group, Inc. | $79.4M | $1.7B |
| LPL Financial LLC | $1.2B | $365.3M |
| Envestnet Asset Management Inc. | $606.5M | $891.8M |
| Wealth Enhancement Advisory Services, LLC | $522.5M | $843.1M |
| Ameriprise Financial Inc. | $821.9M | $423.2M |
| FMR LLC | $842.6M | $127.5M |
| Morgan Stanley | $516.1M | $104.0M |
| Bank of America Corp. | $450.8M | $145.2M |
| Wells Fargo & Company | $523.9M | $47.6M |
| Raymond James Financial Inc. | $403.3M | $65.9M |
| Jones Financial Companies LLLP | $257.8M | $12.8M |
| Cerity Partners LLC | $15.4M | $248.7M |
| Cetera Investment Advisers | $129.9M | $132.6M |
| Focus Partners Wealth | $11.0M | $249.4M |
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: SPHQ institutional holders, AVLV institutional holders.
Frequently asked questions
How much do SPHQ and AVLV overlap?
22.2% by weight, with 42 holdings in common, using holdings for SPHQ as of July 31, 2026 and AVLV as of May 31, 2026. The largest shared position is AAPL.
Do institutions hold both SPHQ and AVLV?
221 Form 13F filers report positions in both, out of 1,166 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%.