TLTE vs GVAL overlap

TLTE and GVAL overlap 2.5% by weight, across 52 shared holdings.

TLTEGVAL

Pick 2 to 4 ETFs.

2.5%

overlap by weight, across 52 shared holdings

TLTE2.5% of the fund is in shared holdings, of 2,894

GVAL45.4% of the fund is in shared holdings, of 108

Top shared holdings

Holding	TLTE	GVAL	Overlap
VALE SAVALE3	0.36%	0.99%	0.36%
ITAU Uniban-PREFITUB4	0.30%	0.68%	0.30%
Petrobras-PREFPETR4	0.26%	0.97%	0.26%
BOC HONG KONG2388	0.17%	0.93%	0.17%
Geely Automobile175	0.10%	0.68%	0.10%
China RES Land1109	0.09%	0.81%	0.09%
Celsia SA Common StockCELSIA	0.08%	1.02%	0.08%
AXIA Energia SAAXIA3	0.08%	0.87%	0.08%
Valterra PlatinuVAL	0.08%	0.16%	0.08%
PTT PCLPTT-R	0.07%	0.78%	0.07%
Kasikornban-NVDRKBANK-R	0.06%	0.94%	0.06%
Grupo Cibest SACIBEST	0.05%	1.18%	0.05%
BIMBIMAS	0.05%	0.82%	0.05%
China Overseas688	0.05%	0.63%	0.05%
CEZ ASCEZ	0.04%	1.70%	0.04%

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: TLTE, SEC Form N-PORT, July 31, 2026; GVAL, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 130 holding any

TLTE10.1% of its 13F dollars, 18.6% of its 59 holders

GVAL22.7% of its 13F dollars, 13.4% of its 82 holders

Largest institutions holding both

Firm	TLTE	GVAL
Envestnet Asset Management Inc.	$21.5M	$8.4M
Morgan Stanley	$1.3M	$27.5M
MML Investors Services, LLC	$7.4M	$18.7M
LPL Financial LLC	$697K	$13.0M
Osaic Holdings, Inc.	$279K	$4.1M
Commonwealth Equity Services, LLC	$1.1M	$1.3M
Jones Financial Companies LLLP	$11K	$1.3M
Harbour Investments, Inc.	$127K	$947K
Atria Investments, Inc	$273K	$330K
Integrated Wealth Concepts LLC	$390K	$10K
Wells Fargo & Company	$3	$18

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: TLTE institutional holders, GVAL institutional holders.

Frequently asked questions

How much do TLTE and GVAL overlap?

2.5% by weight, with 52 holdings in common, using holdings for TLTE as of July 31, 2026 and GVAL as of July 31, 2026. The largest shared position is VALE3.

Do institutions hold both TLTE and GVAL?

11 Form 13F filers report positions in both, out of 130 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%.