VBIL vs PZA overlap
VBIL and PZA overlap 0.0% by weight, across 0 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
These funds hold nothing in common.
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: VBIL, SEC Form N-PORT, June 30, 2026; PZA, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | VBIL | PZA |
|---|---|---|
| Bank of America Corp. | $154.3M | $1.4B |
| UBS Group AG | $62.8M | $575.4M |
| Morgan Stanley | $173.7M | $50.2M |
| Envestnet Asset Management Inc. | $24.0M | $124.7M |
| LPL Financial LLC | $43.2M | $95.2M |
| Bank of New York Mellon Corp | $1.3M | $76.5M |
| Royal Bank of Canada | $59.9M | $16.0M |
| JPMorgan Chase & Co | $387K | $64.8M |
| PNC Financial Services Group, Inc. | $47.6M | $8.6M |
| Raymond James Financial Inc. | $25.5M | $21.4M |
| Wells Fargo & Company | $7K | $45.8M |
| Bank of Montreal | $45.4M | $108K |
| Cetera Investment Advisers | $9.9M | $29.7M |
| Northwestern Mutual Wealth Management Co | $251K | $37.4M |
| AE Wealth Management LLC | $27.2M | $7.5M |
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: VBIL institutional holders, PZA institutional holders.
Frequently asked questions
How much do VBIL and PZA overlap?
0.0% by weight, with 0 holdings in common, using holdings for VBIL as of June 30, 2026 and PZA as of May 31, 2026.
Do institutions hold both VBIL and PZA?
91 Form 13F filers report positions in both, out of 640 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%.