TAXI vs GCAL overlap

TAXI and GCAL overlap 0.6% by weight, across 6 shared holdings.

TAXIGCAL

Pick 2 to 4 ETFs.

0.6%

overlap by weight, across 6 shared holdings

TAXI0.7% of the fund is in shared holdings, of 2,396

GCAL2.3% of the fund is in shared holdings, of 340

Top shared holdings

Holding	TAXI	GCAL	Overlap
California Community Choice Financing Authority	0.13%	0.31%	0.13%
CA Cmnty Choice-a-1	0.12%	0.27%	0.12%
California Cmntys-DCCEDEV	0.11%	0.19%	0.11%
CA Cmnyy Choice-F	0.11%	0.65%	0.11%
CA Cmnty Choice FINGCCEDEV	0.09%	0.83%	0.09%
CA Cmnty Choice -E	0.09%	0.06%	0.06%

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: TAXI, SEC Form N-PORT, June 30, 2026; GCAL, SEC Form N-PORT, May 31, 2026.

institutions report holding both, of 41 holding any

TAXI1.6% of its 13F dollars, 20.0% of its 5 holders

GCAL0.2% of its 13F dollars, 2.7% of its 37 holders

Largest institutions holding both

Firm	TAXI	GCAL
Jane Street Group, LLC	$2.6M	$289K

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: TAXI institutional holders, GCAL institutional holders.

Frequently asked questions

How much do TAXI and GCAL overlap?

0.6% by weight, with 6 holdings in common, using holdings for TAXI as of June 30, 2026 and GCAL as of May 31, 2026. The largest shared position is California Community Choice Financing Authority.

Do institutions hold both TAXI and GCAL?

1 Form 13F filers report positions in both, out of 41 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%.