USSG vs EQAL overlap
USSG and EQAL overlap 19.8% by weight, across 258 shared holdings.
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Top shared holdings
| Holding | USSG | EQAL | Overlap |
|---|---|---|---|
| Verizon CommunicVZ | 0.58% | 0.45% | 0.45% |
| At&T Inc.T | 0.51% | 0.43% | 0.43% |
| Comcast Corp.-aCMCSA | 0.26% | 0.39% | 0.26% |
| SLB Ltd.SLB | 0.24% | 0.27% | 0.24% |
| Linde PLCLIN | 0.67% | 0.23% | 0.23% |
| Williams COS Inc.WMB | 0.25% | 0.22% | 0.22% |
| Newmont Corp.NEM | 0.35% | 0.22% | 0.22% |
| Marathon PetroleMPC | 0.21% | 0.24% | 0.21% |
| Valero EnergyVLO | 0.21% | 0.23% | 0.21% |
| Phillips 66PSX | 0.21% | 0.23% | 0.21% |
| Ecolab Inc.ECL | 0.20% | 0.21% | 0.20% |
| Baker Hughes CoBKR | 0.18% | 0.26% | 0.18% |
| Monster BeverageMNST | 0.18% | 0.18% | 0.18% |
| SempraSRE | 0.17% | 0.19% | 0.17% |
| Colgate-PalmolivCL | 0.20% | 0.16% | 0.16% |
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: USSG, SEC Form N-PORT, May 29, 2026; EQAL, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | USSG | EQAL |
|---|---|---|
| Bank of America Corp. | $22.4M | $23.7M |
| FMR LLC | $43.7M | $624K |
| LPL Financial LLC | $2.7M | $13.5M |
| Morgan Stanley | $2.5M | $12.6M |
| Envestnet Asset Management Inc. | $10.2M | $2.7M |
| US Bancorp | $9.5M | $320K |
| Goldman Sachs Group Inc. | $5.1M | $4.4M |
| Geneos Wealth Management Inc. | $41K | $7.4M |
| Cetera Investment Advisers | $3.3M | $2.1M |
| Aptus Capital Advisors, LLC | $3.7M | $126K |
| Raymond James Financial Inc. | $533K | $3.1M |
| Commonwealth Equity Services, LLC | $2.4M | $1.1M |
| Wells Fargo & Company | $3.0M | $23 |
| Ameriprise Financial Inc. | $2.1M | $477K |
| Cerity Partners LLC | $1.1M | $1.4M |
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: USSG institutional holders, EQAL institutional holders.
Frequently asked questions
How much do USSG and EQAL overlap?
19.8% by weight, with 258 holdings in common, using holdings for USSG as of May 29, 2026 and EQAL as of May 31, 2026. The largest shared position is VZ.
Do institutions hold both USSG and EQAL?
26 Form 13F filers report positions in both, out of 155 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%.