SQS vs QVML overlap
SQS and QVML overlap 38.7% by weight, across 24 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (SQS: July 31, 2026, QVML: 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 | SQS | QVML | Overlap |
|---|---|---|---|
| Nvidia Corp.NVDA | 9.01% | 8.00% | 8.00% |
| Apple Inc.AAPL | 7.77% | 7.62% | 7.62% |
| Amazon.COM Inc.AMZN | 5.86% | 4.24% | 4.24% |
| Broadcom Inc.AVGO | 4.32% | 3.22% | 3.22% |
| Microsoft Corp.MSFT | 3.01% | 5.09% | 3.01% |
| META Platforms-aMETA | 2.44% | 2.23% | 2.23% |
| Micron TechMU | 3.52% | 1.75% | 1.75% |
| ELI Lilly & CoLLY | 4.86% | 1.51% | 1.51% |
| JPMorgan ChaseJPM | 3.39% | 1.39% | 1.39% |
| Costco WholesaleCOST | 1.81% | 0.70% | 0.70% |
| Netflix Inc.NFLX | 1.80% | 0.60% | 0.60% |
| General ElectricGE | 1.76% | 0.59% | 0.59% |
| Bank of AmericaBAC | 2.04% | 0.58% | 0.58% |
| Chevron Corp.CVX | 1.69% | 0.55% | 0.55% |
| Goldman Sachs GPGS | 1.84% | 0.52% | 0.52% |
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: SQS, SEC Form N-PORT, July 31, 2026; QVML, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | SQS | QVML |
|---|---|---|
| GTS Securities LLC | $340K | $846K |
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: SQS institutional holders, QVML institutional holders.
Frequently asked questions
How much do SQS and QVML overlap?
38.7% by weight, with 24 holdings in common, using holdings for SQS as of July 31, 2026 and QVML as of May 31, 2026. The largest shared position is NVDA.
Do institutions hold both SQS and QVML?
1 Form 13F filers report positions in both, out of 23 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%.