USXF vs PWV overlap
USXF and PWV overlap 4.1% by weight, across 12 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (USXF: May 31, 2026, PWV: 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 | USXF | PWV | Overlap |
|---|---|---|---|
| Verizon CommunicVZ | 0.75% | 2.97% | 0.75% |
| Capital One FINACOF | 0.44% | 1.48% | 0.44% |
| Chubb Ltd.CB | 0.43% | 1.42% | 0.43% |
| Bank NY MellonBNY | 0.36% | 1.46% | 0.36% |
| Elevance HealthELV | 0.33% | 1.28% | 0.33% |
| PNC Financial SEPNC | 0.32% | 1.49% | 0.32% |
| US BancorpUSB | 0.32% | 1.51% | 0.32% |
| Travelers COS inTRV | 0.24% | 1.62% | 0.24% |
| Regeneron PharmREGN | 0.24% | 1.59% | 0.24% |
| Truist FinancialTFC | 0.23% | 1.41% | 0.23% |
| HCA Healthcare IHCA | 0.22% | 1.35% | 0.22% |
| EBAY Inc.EBAY | 0.18% | 1.31% | 0.18% |
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: USXF, SEC Form N-PORT, May 31, 2026; PWV, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | USXF | PWV |
|---|---|---|
| Morgan Stanley | $9.6M | $279.9M |
| LPL Financial LLC | $69.4M | $172.0M |
| Envestnet Asset Management Inc. | $190.1M | $14.9M |
| BlackRock, Inc. | $149.5M | $612K |
| Bank of America Corp. | $7.4M | $62.7M |
| Raymond James Financial Inc. | $9.8M | $42.8M |
| JPMorgan Chase & Co | $36.4M | $3.7M |
| PNC Financial Services Group, Inc. | $51K | $37.3M |
| UBS Group AG | $818K | $34.0M |
| Commonwealth Equity Services, LLC | $4.1M | $21.8M |
| Cetera Investment Advisers | $17.0M | $6.6M |
| Wells Fargo & Company | $9.9M | $12.1M |
| Royal Bank of Canada | $10.5M | $9.7M |
| Osaic Holdings, Inc. | $5.3M | $12.4M |
| Stratos Investment Management, LLC | $334K | $16.8M |
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: USXF institutional holders, PWV institutional holders.
Frequently asked questions
How much do USXF and PWV overlap?
4.1% by weight, with 12 holdings in common, using holdings for USXF as of May 31, 2026 and PWV as of July 31, 2026. The largest shared position is VZ.
Do institutions hold both USXF and PWV?
67 Form 13F filers report positions in both, out of 429 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%.