VFMF vs IQSM overlap
VFMF and IQSM overlap 11.0% by weight, across 73 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (VFMF: May 31, 2026, IQSM: 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 | VFMF | IQSM | Overlap |
|---|---|---|---|
| Popular Inc.BPOP | 0.35% | 0.44% | 0.35% |
| Borgwarner Inc.BWA | 0.34% | 0.50% | 0.34% |
| Ryder System Inc.R | 0.33% | 0.39% | 0.33% |
| Best BUY Co Inc.BBY | 0.30% | 0.66% | 0.30% |
| Davita Inc.DVA | 0.30% | 0.34% | 0.30% |
| JAZZ PharmaceutiJAZZ | 0.30% | 0.57% | 0.30% |
| Millicom IntlTIGO | 0.30% | 0.37% | 0.30% |
| HF Sinclair Corp.DINO | 0.26% | 0.51% | 0.26% |
| RenaissancereRNR | 0.26% | 0.53% | 0.26% |
| Viatris Inc.VTRS | 0.26% | 0.78% | 0.26% |
| Exelixis Inc.EXEL | 0.25% | 0.47% | 0.25% |
| Cirrus Logic Inc.CRUS | 0.27% | 0.25% | 0.25% |
| First Horizon CoFHN | 0.24% | 0.48% | 0.24% |
| Globe Life Inc.GL | 0.24% | 0.57% | 0.24% |
| Hecla Mining CoHL | 0.24% | 0.35% | 0.24% |
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: VFMF, SEC Form N-PORT, May 31, 2026; IQSM, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | VFMF | IQSM |
|---|---|---|
| UBS Group AG | $1.5M | $39K |
| JPMorgan Chase & Co | $50K | $11K |
| Morgan Stanley | $22K | $9K |
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: VFMF institutional holders, IQSM institutional holders.
Frequently asked questions
How much do VFMF and IQSM overlap?
11.0% by weight, with 73 holdings in common, using holdings for VFMF as of May 31, 2026 and IQSM as of July 31, 2026. The largest shared position is BPOP.
Do institutions hold both VFMF and IQSM?
3 Form 13F filers report positions in both, out of 110 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%.