VRAI vs ALTY overlap
VRAI and ALTY overlap 5.6% by weight, across 5 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (VRAI: July 31, 2026, ALTY: May 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 | VRAI | ALTY | Overlap |
|---|---|---|---|
| HESS Midstream-aHESM | 1.16% | 1.21% | 1.16% |
| Energy Transfer LPET | 1.14% | 1.30% | 1.14% |
| Alliance RES Partnrs LP UNITARLP | 1.13% | 1.15% | 1.13% |
| MPLX LPMPLX | 1.09% | 1.20% | 1.09% |
| Edison IntlEIX | 1.08% | 1.28% | 1.08% |
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: VRAI, SEC Form N-PORT, July 31, 2026; ALTY, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | VRAI | ALTY |
|---|---|---|
| LPL Financial LLC | $734K | $5.1M |
| Cetera Investment Advisers | $2.5M | $648K |
| Osaic Holdings, Inc. | $13K | $300K |
| Harbour Investments, Inc. | $63K | $47K |
| Morgan Stanley | $38 | $57K |
| Wells Fargo & Company | $41 | $14 |
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: VRAI institutional holders, ALTY institutional holders.
Frequently asked questions
How much do VRAI and ALTY overlap?
5.6% by weight, with 5 holdings in common, using holdings for VRAI as of July 31, 2026 and ALTY as of May 31, 2026. The largest shared position is HESM.
Do institutions hold both VRAI and ALTY?
6 Form 13F filers report positions in both, out of 32 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%.