TECB vs IETC overlap
TECB and IETC overlap 42.7% by weight, across 44 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | TECB | IETC | Overlap |
|---|---|---|---|
| Microsoft Corp.MSFT | 4.46% | 5.15% | 4.46% |
| Amazon.COM Inc.AMZN | 4.42% | 4.87% | 4.42% |
| ADV Micro DeviceAMD | 4.08% | 3.92% | 3.92% |
| Nvidia Corp.NVDA | 3.92% | 13.14% | 3.92% |
| Apple Inc.AAPL | 4.02% | 3.64% | 3.64% |
| Alphabet Inc.-aGOOGL | 3.87% | 3.28% | 3.28% |
| Palantir Techn-aPLTR | 2.98% | 3.24% | 2.98% |
| META Platforms-aMETA | 3.76% | 2.10% | 2.10% |
| Oracle Corp.ORCL | 1.84% | 2.34% | 1.84% |
| IBMIBM | 1.74% | 1.93% | 1.74% |
| Fortinet Inc.FTNT | 1.69% | 1.94% | 1.69% |
| Crowdstrike HO-aCRWD | 3.22% | 1.31% | 1.31% |
| Sandisk Corp.SNDK | 1.47% | 0.92% | 0.92% |
| Intel Corp.INTC | 3.64% | 0.89% | 0.89% |
| Servicenow Inc.NOW | 0.94% | 0.77% | 0.77% |
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; IETC, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | TECB | IETC |
|---|---|---|
| LPL Financial LLC | $3.4M | $35.7M |
| Raymond James Financial Inc. | $1.6M | $9.7M |
| JPMorgan Chase & Co | $278K | $7.8M |
| Integrated Wealth Concepts LLC | $47K | $7.0M |
| Northwestern Mutual Wealth Management Co | $2.6M | $4.0M |
| GTS Securities LLC | $2.7M | $2.8M |
| Cambridge Investment Research Advisors, Inc. | $576K | $4.7M |
| Citadel Advisors LLC | $892K | $4.2M |
| Envestnet Asset Management Inc. | $431K | $3.9M |
| Osaic Holdings, Inc. | $2.7M | $1.6M |
| Sigma Planning Corp | $2.2M | $1.7M |
| Advisory Services Network, LLC | $3.0M | $317K |
| Susquehanna International Group, LLP | $2.0M | $1.1M |
| Cetera Investment Advisers | $819K | $1.1M |
| Royal Bank of Canada | $1.2M | $472K |
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, IETC institutional holders.
Frequently asked questions
How much do TECB and IETC overlap?
42.7% by weight, with 44 holdings in common, using holdings for TECB as of July 31, 2026 and IETC as of July 31, 2026. The largest shared position is MSFT.
Do institutions hold both TECB and IETC?
37 Form 13F filers report positions in both, out of 175 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%.