UPSD vs RSPD overlap

UPSD and RSPD overlap 4.3% by weight, across 5 shared holdings.

UPSDRSPD

Pick 2 to 4 ETFs.

4.3%

overlap by weight, across 5 shared holdings

UPSD4.3% of the fund is in shared holdings, of 100

RSPD10.8% of the fund is in shared holdings, of 47

Top shared holdings

Holding	UPSD	RSPD	Overlap
Amazon.COM Inc.AMZN	2.13%	2.32%	2.13%
TJX COS Inc.TJX	0.95%	1.91%	0.95%
Royal CaribbeanRCL	0.44%	2.41%	0.44%
Las Vegas SandsLVS	0.44%	1.95%	0.44%
ULTA Beauty Inc.ULTA	0.37%	2.21%	0.37%

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: UPSD, SEC Form N-PORT, July 31, 2026; RSPD, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 110 holding any

UPSD11.7% of its 13F dollars, 26.7% of its 30 holders

RSPD6.6% of its 13F dollars, 9.1% of its 88 holders

Largest institutions holding both

Firm	UPSD	RSPD
Envestnet Asset Management Inc.	$18.6M	$231K
Wells Fargo & Company	$1K	$6.9M
Farther Finance Advisors, LLC	$9K	$3.0M
Jane Street Group, LLC	$430K	$377K
Advisory Services Network, LLC	$281K	$234K
Integrated Wealth Concepts LLC	$14K	$64K
Harbour Investments, Inc.	$35K	$23K
O'SHAughnessy Asset Management, LLC	$197	$6K

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: UPSD institutional holders, RSPD institutional holders.

Frequently asked questions

How much do UPSD and RSPD overlap?

4.3% by weight, with 5 holdings in common, using holdings for UPSD as of July 31, 2026 and RSPD as of July 31, 2026. The largest shared position is AMZN.

Do institutions hold both UPSD and RSPD?

8 Form 13F filers report positions in both, out of 110 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%.