UDOW vs SPUU overlap
UDOW and SPUU overlap 19.3% by weight, across 30 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (UDOW: May 31, 2026, SPUU: July 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 | UDOW | SPUU | Overlap |
|---|---|---|---|
| Microsoft Corp.MSFT | 2.99% | 4.94% | 2.99% |
| Apple Inc.AAPL | 2.07% | 6.49% | 2.07% |
| Amazon.COM Inc.AMZN | 1.79% | 3.80% | 1.79% |
| Nvidia Corp.NVDA | 1.40% | 6.95% | 1.40% |
| JPMorgan ChaseJPM | 1.98% | 1.35% | 1.35% |
| Johnson&JohnsonJNJ | 1.49% | 0.88% | 0.88% |
| VISA Inc.-Class aV | 2.16% | 0.87% | 0.87% |
| Walmart Inc.WMT | 0.77% | 0.70% | 0.70% |
| Cisco SystemsCSCO | 0.80% | 0.66% | 0.66% |
| Unitedhealth GRPUNH | 2.52% | 0.54% | 0.54% |
| Caterpillar Inc.CAT | 5.81% | 0.54% | 0.54% |
| Chevron Corp.CVX | 1.21% | 0.53% | 0.53% |
| Coca-Cola Co/theKO | 0.52% | 0.48% | 0.48% |
| Procter & GamblePG | 0.95% | 0.48% | 0.48% |
| Home Depot Inc.HD | 2.10% | 0.47% | 0.47% |
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: UDOW, SEC Form N-PORT, May 31, 2026; SPUU, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | UDOW | SPUU |
|---|---|---|
| Citadel Advisors LLC | $10.0M | $1.7M |
| Susquehanna International Group, LLP | $4.7M | $2.9M |
| Flow Traders U.S. LLC | $739K | $804K |
| Tower Research Capital LLC (TRC) | $1.0M | $208K |
| Larson Financial Group LLC | $53K | $219K |
| SBI Securities Co., Ltd. | $75K | $97K |
| Morgan Stanley | $85K | $380 |
| Farther Finance Advisors, LLC | $25K | $3K |
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: UDOW institutional holders, SPUU institutional holders.
Frequently asked questions
How much do UDOW and SPUU overlap?
19.3% by weight, with 30 holdings in common, using holdings for UDOW as of May 31, 2026 and SPUU as of July 31, 2026. The largest shared position is MSFT.
Do institutions hold both UDOW and SPUU?
8 Form 13F filers report positions in both, out of 74 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%.