TNXT vs QMID overlap

TNXT and QMID overlap 2.6% by weight, across 10 shared holdings.

TNXTQMID

Pick 2 to 4 ETFs.

2.6%

overlap by weight, across 10 shared holdings

TNXT2.6% of the fund is in shared holdings, of 272

QMID9.5% of the fund is in shared holdings, of 124

Top shared holdings

Holding	TNXT	QMID	Overlap
Protagonist THERPTGX	0.55%	0.65%	0.55%
Tenet HealthcareTHC	0.51%	1.39%	0.51%
Stonex Group Inc.SNEX	0.45%	0.77%	0.45%
Krystal BiotechKRYS	0.28%	0.88%	0.28%
Digitalocean HOLDOCN	0.20%	1.12%	0.20%
Toast Inc.-aTOST	0.19%	1.17%	0.19%
Samsara Inc.-CL aIOT	0.14%	0.91%	0.14%
Medpace HoldingsMEDP	0.14%	1.20%	0.14%
Atlassian Corp.-aTEAM	0.12%	0.97%	0.12%
Paylocity HoldinPCTY	0.04%	0.41%	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: TNXT, SEC Form N-PORT, June 30, 2026; QMID, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 4 holding any

TNXT56.5% of its 13F dollars, 50.0% of its 2 holders

QMID61.7% of its 13F dollars, 33.3% of its 3 holders

Largest institutions holding both

Firm	TNXT	QMID
Citadel Advisors LLC	$444K	$493K

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: TNXT institutional holders, QMID institutional holders.

Frequently asked questions

How much do TNXT and QMID overlap?

2.6% by weight, with 10 holdings in common, using holdings for TNXT as of June 30, 2026 and QMID as of June 30, 2026. The largest shared position is PTGX.

Do institutions hold both TNXT and QMID?

1 Form 13F filers report positions in both, out of 4 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%.