TIER vs FMET overlap

TIER and FMET overlap 0.3% by weight, across 1 shared holdings.

TIERFMET

Pick 2 to 4 ETFs.

0.3%

overlap by weight, across 1 shared holdings

TIER0.3% of the fund is in shared holdings, of 387

FMET3.3% of the fund is in shared holdings, of 50

Top shared holdings

Holding	TIER	FMET	Overlap
Netease Inc.9999	0.25%	3.34%	0.25%

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: TIER, SEC Form N-PORT, July 31, 2026; FMET, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 14 holding any

TIER16.4% of its 13F dollars, 25.0% of its 4 holders

FMET59.4% of its 13F dollars, 9.1% of its 11 holders

Largest institutions holding both

Firm	TIER	FMET
Citadel Advisors LLC	$705K	$2.5M

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: TIER institutional holders, FMET institutional holders.

Frequently asked questions

How much do TIER and FMET overlap?

0.3% by weight, with 1 holdings in common, using holdings for TIER as of July 31, 2026 and FMET as of June 30, 2026. The largest shared position is 9999.

Do institutions hold both TIER and FMET?

1 Form 13F filers report positions in both, out of 14 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%.