VTHR vs NULV overlap
VTHR and NULV overlap 18.6% by weight, across 100 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (VTHR: May 31, 2026, NULV: 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 | VTHR | NULV | Overlap |
|---|---|---|---|
| Microsoft Corp.MSFT | 4.60% | 8.74% | 4.60% |
| META Platforms-aMETA | 1.90% | 3.55% | 1.90% |
| Cisco SystemsCSCO | 0.66% | 2.53% | 0.66% |
| Abbvie Inc.ABBV | 0.53% | 1.89% | 0.53% |
| Procter & GamblePG | 0.46% | 1.92% | 0.46% |
| Home Depot Inc.HD | 0.44% | 0.84% | 0.44% |
| Coca-Cola Co/theKO | 0.42% | 2.31% | 0.42% |
| Goldman Sachs GPGS | 0.40% | 1.57% | 0.40% |
| IBMIBM | 0.38% | 1.35% | 0.38% |
| Morgan StanleyMS | 0.33% | 2.04% | 0.33% |
| Merck & CoMRK | 0.41% | 0.31% | 0.31% |
| Citigroup Inc.C | 0.29% | 2.00% | 0.29% |
| Analog DevicesADI | 0.28% | 1.41% | 0.28% |
| Verizon CommunicVZ | 0.28% | 1.65% | 0.28% |
| Salesforce Inc.CRM | 0.24% | 1.29% | 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: VTHR, SEC Form N-PORT, May 31, 2026; NULV, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | VTHR | NULV |
|---|---|---|
| Bank of America Corp. | $17.0M | $590.1M |
| Morgan Stanley | $206.2M | $64.7M |
| Ameriprise Financial Inc. | $209.7M | $10.7M |
| JPMorgan Chase & Co | $12.0M | $111.2M |
| LPL Financial LLC | $26.5M | $96.3M |
| UBS Group AG | $77.4M | $26.6M |
| Goldman Sachs Group Inc. | $92.8M | $4.1M |
| Focus Partners Wealth | $74.0M | $1.3M |
| Envestnet Asset Management Inc. | $16.2M | $55.0M |
| Commonwealth Equity Services, LLC | $4.7M | $60.4M |
| Cambridge Investment Research Advisors, Inc. | $7.7M | $45.3M |
| Raymond James Financial Inc. | $37.8M | $12.3M |
| Beacon Pointe Advisors, LLC | $10.5M | $26.3M |
| Cerity Partners LLC | $32.4M | $1.2M |
| Bank of New York Mellon Corp | $8.8M | $24.3M |
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: VTHR institutional holders, NULV institutional holders.
Frequently asked questions
How much do VTHR and NULV overlap?
18.6% by weight, with 100 holdings in common, using holdings for VTHR as of May 31, 2026 and NULV as of July 31, 2026. The largest shared position is MSFT.
Do institutions hold both VTHR and NULV?
78 Form 13F filers report positions in both, out of 448 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%.