VCRB vs DFSD overlap

VCRB and DFSD overlap 1.3% by weight, across 99 shared holdings.

VCRBDFSD

Pick 2 to 4 ETFs.

1.3%

overlap by weight, across 99 shared holdings

VCRB2.0% of the fund is in shared holdings, of 3,414

DFSD5.2% of the fund is in shared holdings, of 1,588

Top shared holdings

Holding	VCRB	DFSD	Overlap
META PlatformsMETA	0.08%	0.09%	0.08%
Intel Corp.	0.08%	0.07%	0.07%
ERAC USA Finance	0.11%	0.07%	0.07%
Firstenergy Penn	0.05%	0.04%	0.04%
Nomura Holdings	0.04%	0.12%	0.04%
Deutsche Bank NY	0.03%	0.30%	0.03%
Intel Corp.	0.03%	0.04%	0.03%
META PlatformsMETA	0.03%	0.19%	0.03%
Marathon Petro	0.03%	0.13%	0.03%
Equinix Inc.EQIX	0.03%	0.24%	0.03%
CRH SMW Finance	0.03%	0.03%	0.03%
Aercap Ireland	0.09%	0.03%	0.03%
Athene Holding	0.05%	0.03%	0.03%
Fidelity NATL in	0.02%	0.06%	0.02%
Aercap Ireland	0.02%	0.06%	0.02%

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: VCRB, SEC Form N-PORT, June 30, 2026; DFSD, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 661 holding any

VCRB27.5% of its 13F dollars, 30.7% of its 306 holders

DFSD32.7% of its 13F dollars, 20.9% of its 449 holders

Largest institutions holding both

Firm	VCRB	DFSD
Signaturefd, LLC	$442.4M	$44
Focus Partners Wealth	$4.2M	$346.4M
Focus Partners Advisor Solutions, LLC	$5.8M	$302.7M
Bank of America Corp.	$225.4M	$40.5M
OneDigital Investment Advisors LLC	$826K	$185.3M
Assetmark, Inc.	$121.6M	$61.3M
Envestnet Asset Management Inc.	$53.4M	$128.1M
Diversified Portfolios, Inc.	$106.2M	$63.7M
LPL Financial LLC	$100.2M	$21.7M
HighTower Advisors, LLC	$15.1M	$95.3M
Commonwealth Equity Services, LLC	$33.3M	$58.7M
Cambridge Investment Research Advisors, Inc.	$21.6M	$48.8M
Orion Porfolio Solutions, LLC	$59.5M	$5.3M
55 North Private Wealth, LLC	$4.9M	$51.3M
Mills Wealth Advisors LLC	$39.7M	$13.3M

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: VCRB institutional holders, DFSD institutional holders.

Frequently asked questions

How much do VCRB and DFSD overlap?

1.3% by weight, with 99 holdings in common, using holdings for VCRB as of June 30, 2026 and DFSD as of July 31, 2026. The largest shared position is META.

Do institutions hold both VCRB and DFSD?

94 Form 13F filers report positions in both, out of 661 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%.