SURE vs QSML overlap
SURE and QSML overlap 5.8% by weight, across 16 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | SURE | QSML | Overlap |
|---|---|---|---|
| Essent Group Ltd.ESNT | 0.83% | 0.63% | 0.63% |
| Sezzle Inc.SEZL | 1.96% | 0.61% | 0.61% |
| Iridium CommunicIRDM | 1.58% | 0.59% | 0.59% |
| Enova InternatioENVA | 1.28% | 0.59% | 0.59% |
| DAVE Inc.DAVE | 1.23% | 0.48% | 0.48% |
| Hilton Grand VACHGV | 1.02% | 0.46% | 0.46% |
| Science ApplicatSAIC | 0.96% | 0.46% | 0.46% |
| Dropbox Inc.-aDBX | 0.92% | 0.45% | 0.45% |
| Vontier Corp.VNT | 0.67% | 0.41% | 0.41% |
| Monarch CasinoMCRI | 1.20% | 0.23% | 0.23% |
| Freshworks-CL aFRSH | 1.09% | 0.20% | 0.20% |
| Evertec Inc.EVTC | 0.84% | 0.19% | 0.19% |
| Payoneer GlobalPAYO | 1.27% | 0.19% | 0.19% |
| Goosehead INSU-aGSHD | 0.90% | 0.12% | 0.12% |
| Upwork Inc.UPWK | 0.71% | 0.11% | 0.11% |
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: SURE, SEC Form N-PORT, June 30, 2026; QSML, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | SURE | QSML |
|---|---|---|
| Citadel Advisors LLC | $387K | $518K |
| UBS Group AG | $32K | $5K |
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: SURE institutional holders, QSML institutional holders.
Frequently asked questions
How much do SURE and QSML overlap?
5.8% by weight, with 16 holdings in common, using holdings for SURE as of June 30, 2026 and QSML as of June 30, 2026. The largest shared position is ESNT.
Do institutions hold both SURE and QSML?
2 Form 13F filers report positions in both, out of 24 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%.