TOK vs FCUS overlap
TOK and FCUS overlap 2.9% by weight, across 17 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (TOK: July 31, 2026, FCUS: May 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | TOK | FCUS | Overlap |
|---|---|---|---|
| Micron TechMU | 1.10% | 6.74% | 1.10% |
| Intel Corp.INTC | 0.47% | 4.77% | 0.47% |
| Western DigitalWDC | 0.22% | 4.82% | 0.22% |
| Seagate TechnoloSTX | 0.22% | 4.79% | 0.22% |
| ConocophillipsCOP | 0.18% | 2.17% | 0.18% |
| Valero EnergyVLO | 0.11% | 3.00% | 0.11% |
| Comfort SystemsFIX | 0.07% | 2.98% | 0.07% |
| Teradyne Inc.TER | 0.07% | 3.37% | 0.07% |
| Bloom Energy C-aBE | 0.07% | 4.01% | 0.07% |
| Keysight TECKEYS | 0.07% | 2.28% | 0.07% |
| Ciena Corp.CIEN | 0.06% | 4.33% | 0.06% |
| Lumentum HOLLITE | 0.06% | 3.50% | 0.06% |
| Coherent Corp.COHR | 0.06% | 2.60% | 0.06% |
| Occidental PeteOXY | 0.05% | 2.24% | 0.05% |
| Revolution MedicRVMD | 0.04% | 2.54% | 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: TOK, SEC Form N-PORT, July 31, 2026; FCUS, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | TOK | FCUS |
|---|---|---|
| BlackRock, Inc. | $19.2M | $54K |
| LPL Financial LLC | $3.8M | $15.0M |
| Jane Street Group, LLC | $3.1M | $354K |
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: TOK institutional holders, FCUS institutional holders.
Frequently asked questions
How much do TOK and FCUS overlap?
2.9% by weight, with 17 holdings in common, using holdings for TOK as of July 31, 2026 and FCUS as of May 31, 2026. The largest shared position is MU.
Do institutions hold both TOK and FCUS?
3 Form 13F filers report positions in both, out of 36 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%.