WARP vs FMED overlap

WARP and FMED overlap 0.0% by weight, across 0 shared holdings.

WARPFMED

Pick 2 to 4 ETFs.

0.0%

overlap by weight, across 0 shared holdings

WARP0.0% of the fund is in shared holdings, of 21

FMED0.0% of the fund is in shared holdings, of 68

Top shared holdings

These funds hold nothing in common.

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: WARP, SEC Form N-PORT, June 30, 2026; FMED, SEC Form N-PORT, May 31, 2026.

institutions report holding both, of 21 holding any

WARP81.2% of its 13F dollars, 33.3% of its 15 holders

FMED8.9% of its 13F dollars, 45.5% of its 11 holders

Largest institutions holding both

Firm	WARP	FMED
UBS Group AG	$11.4M	$12K
Jane Street Group, LLC	$3.8M	$1.4M
Old Mission Capital LLC	$1.7M	$257K
Citadel Advisors LLC	$860K	$282K
Osaic Holdings, Inc.	$118K	$3K

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: WARP institutional holders, FMED institutional holders.

Frequently asked questions

How much do WARP and FMED overlap?

0.0% by weight, with 0 holdings in common, using holdings for WARP as of June 30, 2026 and FMED as of May 31, 2026.

Do institutions hold both WARP and FMED?

5 Form 13F filers report positions in both, out of 21 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%.