TAN vs FNCL overlap
TAN and FNCL overlap 0.1% by weight, across 1 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (TAN: May 31, 2026, FNCL: July 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 | TAN | FNCL | Overlap |
|---|---|---|---|
| HA Sustainable IHASI | 3.46% | 0.05% | 0.05% |
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: TAN, SEC Form N-PORT, May 31, 2026; FNCL, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | TAN | FNCL |
|---|---|---|
| JPMorgan Chase & Co | $285.9M | $10.2M |
| Morgan Stanley | $40.7M | $34.4M |
| UBS Group AG | $37.6M | $2.4M |
| LPL Financial LLC | $19.0M | $19.4M |
| Commonwealth Equity Services, LLC | $6.7M | $28.3M |
| Osaic Holdings, Inc. | $5.5M | $28.3M |
| Bank of America Corp. | $18.0M | $9.7M |
| AE Wealth Management LLC | $14.6M | $10.9M |
| Cambridge Investment Research Advisors, Inc. | $12.0M | $7.2M |
| Kestra Advisory Services, LLC | $577K | $18.1M |
| Mercer Global Advisors Inc. | $237K | $16.7M |
| Decker Retirement Planning Inc. | $12.6M | $32K |
| Goldman Sachs Group Inc. | $5.1M | $6.0M |
| Royal Bank of Canada | $7.4M | $3.4M |
| Wells Fargo & Company | $7.0M | $3.7M |
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: TAN institutional holders, FNCL institutional holders.
Frequently asked questions
How much do TAN and FNCL overlap?
0.1% by weight, with 1 holdings in common, using holdings for TAN as of May 31, 2026 and FNCL as of July 31, 2026. The largest shared position is HASI.
Do institutions hold both TAN and FNCL?
84 Form 13F filers report positions in both, out of 417 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%.