TSME vs HAPI overlap

TSME and HAPI overlap 0.3% by weight, across 1 shared holdings.

TSMEHAPI

Pick 2 to 4 ETFs.

0.3%

overlap by weight, across 1 shared holdings

TSME1.4% of the fund is in shared holdings, of 68

HAPI0.3% of the fund is in shared holdings, of 156

Top shared holdings

Holding	TSME	HAPI	Overlap
Quanta ServicesPWR	1.36%	0.31%	0.31%

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: TSME, SEC Form N-PORT, June 30, 2026; HAPI, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 51 holding any

TSME2.1% of its 13F dollars, 11.4% of its 35 holders

HAPI1.6% of its 13F dollars, 20.0% of its 20 holders

Largest institutions holding both

Firm	TSME	HAPI
LPL Financial LLC	$9.1M	$4.7M
Raymond James Financial Inc.	$435K	$1.8M
Susquehanna International Group, LLP	$284K	$732K
MML Investors Services, LLC	$217K	$356K

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: TSME institutional holders, HAPI institutional holders.

Frequently asked questions

How much do TSME and HAPI overlap?

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

Do institutions hold both TSME and HAPI?

4 Form 13F filers report positions in both, out of 51 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%.