UDIV vs MVFD overlap

UDIV and MVFD overlap 0.5% by weight, across 6 shared holdings.

UDIVMVFD

Pick 2 to 4 ETFs.

0.5%

overlap by weight, across 6 shared holdings

UDIV0.5% of the fund is in shared holdings, of 280

MVFD15.2% of the fund is in shared holdings, of 40

Top shared holdings

Holding	UDIV	MVFD	Overlap
PPG INDS Inc.PPG	0.13%	2.85%	0.13%
ARES Managem- aARES	0.11%	2.84%	0.11%
SNAP-on Inc.SNA	0.09%	2.25%	0.09%
Constellation-aSTZ	0.06%	2.30%	0.06%
The Cigna GroupCI	0.06%	2.35%	0.06%
SLB Ltd.SLB	0.04%	2.62%	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: UDIV, SEC Form N-PORT, June 30, 2026; MVFD, SEC Form N-PORT, May 31, 2026.

institutions report holding both, of 49 holding any

UDIV0.4% of its 13F dollars, 4.5% of its 44 holders

MVFD1.5% of its 13F dollars, 28.6% of its 7 holders

Largest institutions holding both

Firm	UDIV	MVFD
Envestnet Asset Management Inc.	$425K	$1.6M
UBS Group AG	$5K	$29K

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: UDIV institutional holders, MVFD institutional holders.

Frequently asked questions

How much do UDIV and MVFD overlap?

0.5% by weight, with 6 holdings in common, using holdings for UDIV as of June 30, 2026 and MVFD as of May 31, 2026. The largest shared position is PPG.

Do institutions hold both UDIV and MVFD?

2 Form 13F filers report positions in both, out of 49 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%.