USVM vs FFSM overlap
USVM and FFSM overlap 11.2% by weight, across 38 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | USVM | FFSM | Overlap |
|---|---|---|---|
| AXIS CapitalAXS | 0.61% | 0.56% | 0.56% |
| Southwest Gas HOSWX | 0.69% | 0.55% | 0.55% |
| FNB Corp.FNB | 0.52% | 0.65% | 0.52% |
| UGI Corp.UGI | 0.50% | 0.59% | 0.50% |
| KB HomeKBH | 0.44% | 0.75% | 0.44% |
| Firstcash HoldinFCFS | 0.43% | 1.34% | 0.43% |
| Phinia Inc.PHIN | 0.43% | 0.49% | 0.43% |
| RUSH Enter-CL aRUSHA | 0.42% | 0.42% | 0.42% |
| TD Synnex Corp.SNX | 0.39% | 1.52% | 0.39% |
| Outfront Media IOUT | 0.38% | 0.42% | 0.38% |
| Universal HLTH-BUHS | 0.38% | 0.49% | 0.38% |
| Viatris Inc.VTRS | 0.36% | 0.39% | 0.36% |
| Nexstar MediaNXST | 0.34% | 0.66% | 0.34% |
| Brightspring HEABTSG | 0.34% | 1.08% | 0.34% |
| AXOS Financial IAX | 0.40% | 0.33% | 0.33% |
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: USVM, SEC Form N-PORT, June 30, 2026; FFSM, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | USVM | FFSM |
|---|---|---|
| FMR LLC | $29K | $1.0B |
| Wealth Enhancement Advisory Services, LLC | $854.8M | $4.9M |
| Commonwealth Equity Services, LLC | $321K | $48.3M |
| Retirement Planning Group, LLC | $5.9M | $4.2M |
| Cetera Investment Advisers | $3.1M | $5.2M |
| Envestnet Asset Management Inc. | $764K | $6.9M |
| Two Sigma Investments, LP | $5.0M | $1.2M |
| Truist Financial Corp. | $5.4M | $401K |
| JPMorgan Chase & Co | $816K | $4.8M |
| Sigma Planning Corp | $266K | $2.3M |
| Harbour Investments, Inc. | $1.5M | $901K |
| Steward Partners Investment Advisory, LLC | $1.8M | $6K |
| Osaic Holdings, Inc. | $662K | $646K |
| Fifth Third Bancorp | $303K | $261K |
| Morgan Stanley | $389K | $149K |
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: USVM institutional holders, FFSM institutional holders.
Frequently asked questions
How much do USVM and FFSM overlap?
11.2% by weight, with 38 holdings in common, using holdings for USVM as of June 30, 2026 and FFSM as of July 31, 2026. The largest shared position is AXS.
Do institutions hold both USVM and FFSM?
22 Form 13F filers report positions in both, out of 126 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%.