TAIL vs AGZD overlap
TAIL and AGZD overlap 0.2% by weight, across 1 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (TAIL: July 31, 2026, AGZD: 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 | TAIL | AGZD | Overlap |
|---|---|---|---|
| US Treasury N/BT | 90.90% | 0.21% | 0.21% |
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: TAIL, SEC Form N-PORT, July 31, 2026; AGZD, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | TAIL | AGZD |
|---|---|---|
| LPL Financial LLC | $10.5M | $10.2M |
| HighTower Advisors, LLC | $15.2M | $208K |
| Wells Fargo & Company | $10.9M | $37 |
| Osaic Holdings, Inc. | $3.1M | $818K |
| Commonwealth Equity Services, LLC | $2.0M | $327K |
| Susquehanna International Group, LLP | $1.3M | $667K |
| Envestnet Asset Management Inc. | $832K | $940K |
| Jane Street Group, LLC | $332K | $1.3M |
| Royal Bank of Canada | $4K | $1.6M |
| Global Retirement Partners, LLC | $18K | $1.1M |
| Cambridge Investment Research Advisors, Inc. | $482K | $536K |
| National Bank of Canada | $251K | $21K |
| JPMorgan Chase & Co | $450 | $115K |
| Morgan Stanley | $27K | $23 |
| Integrated Wealth Concepts LLC | $323 | $473 |
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: TAIL institutional holders, AGZD institutional holders.
Frequently asked questions
How much do TAIL and AGZD overlap?
0.2% by weight, with 1 holdings in common, using holdings for TAIL as of July 31, 2026 and AGZD as of May 31, 2026. The largest shared position is T.
Do institutions hold both TAIL and AGZD?
15 Form 13F filers report positions in both, out of 90 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%.