UPRO vs TECL overlap
UPRO and TECL overlap 17.3% by weight, across 71 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (UPRO: May 31, 2026, TECL: 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 | UPRO | TECL | Overlap |
|---|---|---|---|
| Nvidia Corp.NVDA | 3.56% | 9.54% | 3.56% |
| Apple Inc.AAPL | 3.18% | 8.90% | 3.18% |
| Microsoft Corp.MSFT | 2.32% | 6.77% | 2.32% |
| Broadcom Inc.AVGO | 1.47% | 3.61% | 1.47% |
| Micron TechMU | 0.76% | 2.51% | 0.76% |
| ADV Micro DeviceAMD | 0.58% | 2.90% | 0.58% |
| Intel Corp.INTC | 0.37% | 2.04% | 0.37% |
| Cisco SystemsCSCO | 0.33% | 2.19% | 0.33% |
| LAM ResearchLRCX | 0.28% | 1.75% | 0.28% |
| Oracle Corp.ORCL | 0.27% | 1.06% | 0.27% |
| Applied MaterialAMAT | 0.25% | 1.93% | 0.25% |
| Palantir Techn-aPLTR | 0.25% | 1.35% | 0.25% |
| IBMIBM | 0.19% | 1.01% | 0.19% |
| Texas InstrumentTXN | 0.19% | 1.20% | 0.19% |
| Qualcomm Inc.QCOM | 0.19% | 0.75% | 0.19% |
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: UPRO, SEC Form N-PORT, May 31, 2026; TECL, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | UPRO | TECL |
|---|---|---|
| SBI Securities Co., Ltd. | $24K | $36.4M |
| PNC Financial Services Group, Inc. | $4.1M | $14.3M |
| Mariner, LLC | $3.9M | $12.8M |
| Main Street Group, LTD | $6.6M | $602K |
| UBS Group AG | $3.1M | $2.5M |
| BlackRock, Inc. | $288K | $5.0M |
| Allworth Financial LP | $39K | $4.6M |
| Millington Financial Advisors, LLC | $3.6M | $779K |
| Creative Planning | $3.5M | $850K |
| JPMorgan Chase & Co | $2.8M | $322K |
| Larson Financial Group LLC | $2.6M | $61K |
| LPL Financial LLC | $237K | $2.1M |
| Tower Research Capital LLC (TRC) | $2.3M | $1K |
| CPR Investments Inc. | $679K | $1.3M |
| TOTH Financial Advisory Corp. | $1.9M | $25K |
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: UPRO institutional holders, TECL institutional holders.
Frequently asked questions
How much do UPRO and TECL overlap?
17.3% by weight, with 71 holdings in common, using holdings for UPRO as of May 31, 2026 and TECL as of July 31, 2026. The largest shared position is NVDA.
Do institutions hold both UPRO and TECL?
32 Form 13F filers report positions in both, out of 199 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%.