USEW vs ESUM overlap
USEW and ESUM overlap 18.1% by weight, across 111 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (USEW: May 29, 2026, ESUM: 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 | USEW | ESUM | Overlap |
|---|---|---|---|
| Broadcom Inc.AVGO | 1.27% | 2.83% | 1.27% |
| Nvidia Corp.NVDA | 1.06% | 7.04% | 1.06% |
| DELL Techn-CDELL | 0.67% | 0.82% | 0.67% |
| ELI Lilly & CoLLY | 0.49% | 1.58% | 0.49% |
| GE Vernova Inc.GEV | 0.44% | 0.59% | 0.44% |
| Micron TechMU | 0.42% | 1.70% | 0.42% |
| ADV Micro DeviceAMD | 0.39% | 1.66% | 0.39% |
| Crowdstrike HO-aCRWD | 0.31% | 0.86% | 0.31% |
| Qualcomm Inc.QCOM | 0.31% | 0.67% | 0.31% |
| PALO ALTO NetworPANW | 0.30% | 0.99% | 0.30% |
| Sandisk Corp.SNDK | 0.59% | 0.29% | 0.29% |
| LAM ResearchLRCX | 0.25% | 1.15% | 0.25% |
| American ExpressAXP | 0.25% | 1.29% | 0.25% |
| Applied MaterialAMAT | 0.25% | 0.44% | 0.25% |
| Caterpillar Inc.CAT | 0.25% | 0.91% | 0.25% |
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: USEW, SEC Form N-PORT, May 29, 2026; ESUM, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | USEW | ESUM |
|---|---|---|
| Wealth Enhancement Advisory Services, LLC | $746K | $35.2M |
| Sanctuary Advisors, LLC | $2.2M | $266K |
| GTS Securities LLC | $241K | $754K |
| Citadel Advisors LLC | $497K | $348K |
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: USEW institutional holders, ESUM institutional holders.
Frequently asked questions
How much do USEW and ESUM overlap?
18.1% by weight, with 111 holdings in common, using holdings for USEW as of May 29, 2026 and ESUM as of July 31, 2026. The largest shared position is AVGO.
Do institutions hold both USEW and ESUM?
4 Form 13F filers report positions in both, out of 72 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%.