TECB vs DFNL overlap
TECB and DFNL overlap 0.2% by weight, across 2 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | TECB | DFNL | Overlap |
|---|---|---|---|
| Fiserv Inc.FISV | 0.20% | 1.11% | 0.20% |
| Chime Financi-aCHYM | 0.03% | 2.08% | 0.03% |
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: TECB, SEC Form N-PORT, July 31, 2026; DFNL, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | TECB | DFNL |
|---|---|---|
| Morgan Stanley | $165K | $41.1M |
| Bank of America Corp. | $20.2M | $18.4M |
| LPL Financial LLC | $3.4M | $19.1M |
| Northwestern Mutual Wealth Management Co | $2.6M | $6.6M |
| Royal Bank of Canada | $1.2M | $6.4M |
| Envestnet Asset Management Inc. | $431K | $7.0M |
| HighTower Advisors, LLC | $556K | $6.2M |
| UBS Group AG | $14K | $5.4M |
| Raymond James Financial Inc. | $1.6M | $2.6M |
| Osaic Holdings, Inc. | $2.7M | $1.4M |
| Kestra Advisory Services, LLC | $1.2M | $2.3M |
| Susquehanna International Group, LLP | $2.0M | $999K |
| J.W. Cole Advisors, Inc. | $321K | $941K |
| Rockefeller Capital Management L.P. | $246K | $697K |
| Private Advisor Group, LLC | $591K | $342K |
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: TECB institutional holders, DFNL institutional holders.
Frequently asked questions
How much do TECB and DFNL overlap?
0.2% by weight, with 2 holdings in common, using holdings for TECB as of July 31, 2026 and DFNL as of July 31, 2026. The largest shared position is FISV.
Do institutions hold both TECB and DFNL?
20 Form 13F filers report positions in both, out of 137 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%.