WCLD vs SMDX overlap

WCLD and SMDX overlap 1.0% by weight, across 8 shared holdings.

WCLDSMDX

Pick 2 to 4 ETFs.

1.0%

overlap by weight, across 8 shared holdings

WCLD13.3% of the fund is in shared holdings, of 64

SMDX1.0% of the fund is in shared holdings, of 525

Top shared holdings

Holding	WCLD	SMDX	Overlap
Dynatrace Inc.DT	1.65%	0.21%	0.21%
Docusign Inc.DOCU	1.32%	0.21%	0.21%
Twilio Inc. - aTWLO	2.42%	0.21%	0.21%
OKTA Inc.OKTA	2.44%	0.15%	0.15%
Ringcentral in-aRNG	1.31%	0.12%	0.12%
Agilysys Inc.AGYS	1.76%	0.07%	0.07%
SPS Commerce Inc.SPSC	1.31%	0.02%	0.02%
Bill Holdings inBILL	1.04%	0.01%	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: WCLD, SEC Form N-PORT, June 30, 2026; SMDX, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 90 holding any

WCLD3.1% of its 13F dollars, 1.1% of its 89 holders

SMDX0.0% of its 13F dollars, 50.0% of its 2 holders

Largest institutions holding both

Firm	WCLD	SMDX
UBS Group AG	$4.1M	$24K

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: WCLD institutional holders, SMDX institutional holders.

Frequently asked questions

How much do WCLD and SMDX overlap?

1.0% by weight, with 8 holdings in common, using holdings for WCLD as of June 30, 2026 and SMDX as of July 31, 2026. The largest shared position is DT.

Do institutions hold both WCLD and SMDX?

1 Form 13F filers report positions in both, out of 90 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%.