VPLS vs HYLS overlap
VPLS and HYLS overlap 0.6% by weight, across 107 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | VPLS | HYLS | Overlap |
|---|---|---|---|
| Transdigm Inc.TDG | 0.04% | 0.94% | 0.04% |
| Phoenix AviationPHOAVI | 0.02% | 0.22% | 0.02% |
| Energizer HldgsENR | 0.02% | 0.41% | 0.02% |
| Venture Global LVENLNG | 0.02% | 0.13% | 0.02% |
| WULF Compute LLCWULF | 0.01% | 0.30% | 0.01% |
| OPAL Bidco | 0.01% | 0.52% | 0.01% |
| SV RNO PropertyTRACTC | 0.01% | 0.25% | 0.01% |
| Hilton Domestic | 0.01% | 0.60% | 0.01% |
| Standard BuildinBMCAUS | 0.01% | 0.25% | 0.01% |
| Meridian ARC HOLMERIDI | 0.01% | 0.13% | 0.01% |
| Cloud Sftwr GRPTIBX | 0.01% | 1.03% | 0.01% |
| Venture GlobalVEGLPL | 0.01% | 0.27% | 0.01% |
| Athenahealth GRP | 0.01% | 0.10% | 0.01% |
| SSNC 5.5 09/30/27 144ASSNC | 0.01% | 0.07% | 0.01% |
| Gates Corp./de | 0.01% | 0.11% | 0.01% |
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: VPLS, SEC Form N-PORT, June 30, 2026; HYLS, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | VPLS | HYLS |
|---|---|---|
| Morgan Stanley | $34K | $203.7M |
| LPL Financial LLC | $54.7M | $130.7M |
| Bank of America Corp. | $154.2M | $13.4M |
| Royal Bank of Canada | $42.5M | $31.4M |
| Wells Fargo & Company | $115 | $63.8M |
| Betterment LLC | $45.2M | $216K |
| Raymond James Financial Inc. | $23.2M | $21.2M |
| UBS Group AG | $1.3M | $38.7M |
| Osaic Holdings, Inc. | $32.8M | $3.7M |
| Summit Financial, LLC | $28.4M | $258K |
| Mariner, LLC | $18.2M | $576K |
| Jones Financial Companies LLLP | $18.6M | $13K |
| Commonwealth Equity Services, LLC | $13.2M | $3.2M |
| Janney Montgomery Scott LLC | $5.1M | $9.0M |
| Envestnet Asset Management Inc. | $463K | $13.5M |
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: VPLS institutional holders, HYLS institutional holders.
Frequently asked questions
How much do VPLS and HYLS overlap?
0.6% by weight, with 107 holdings in common, using holdings for VPLS as of June 30, 2026 and HYLS as of July 31, 2026. The largest shared position is TDG.
Do institutions hold both VPLS and HYLS?
52 Form 13F filers report positions in both, out of 334 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%.