TCPB vs SCHQ overlap

TCPB and SCHQ overlap 5.9% by weight, across 4 shared holdings.

TCPBSCHQ

Pick 2 to 4 ETFs.

5.9%

overlap by weight, across 4 shared holdings

TCPB10.2% of the fund is in shared holdings, of 512

SCHQ5.9% of the fund is in shared holdings, of 99

Top shared holdings

Holding	TCPB	SCHQ	Overlap
US Treasury N/BT	3.90%	2.12%	2.12%
US Treasury N/B	2.10%	1.38%	1.38%
US Treasury N/BT	2.11%	1.33%	1.33%
US Treasury N/B	2.13%	1.05%	1.05%

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: TCPB, SEC Form N-PORT, June 30, 2026; SCHQ, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 120 holding any

TCPB97.7% of its 13F dollars, 60.0% of its 5 holders

SCHQ18.3% of its 13F dollars, 2.5% of its 118 holders

Largest institutions holding both

Firm	TCPB	SCHQ
Envestnet Asset Management Inc.	$331.8M	$43.4M
LPL Financial LLC	$1.2M	$18.8M
Citadel Advisors LLC	$1.3M	$471K

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: TCPB institutional holders, SCHQ institutional holders.

Frequently asked questions

How much do TCPB and SCHQ overlap?

5.9% by weight, with 4 holdings in common, using holdings for TCPB as of June 30, 2026 and SCHQ as of June 30, 2026. The largest shared position is T.

Do institutions hold both TCPB and SCHQ?

3 Form 13F filers report positions in both, out of 120 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%.