WDEF vs EFAD overlap

WDEF and EFAD overlap 1.3% by weight, across 1 shared holdings.

WDEFEFAD

Pick 2 to 4 ETFs.

1.3%

overlap by weight, across 1 shared holdings

WDEF10.1% of the fund is in shared holdings, of 42

EFAD1.3% of the fund is in shared holdings, of 77

Top shared holdings

Holding	WDEF	EFAD	Overlap
BAE Systems PLCBAESF	10.11%	1.27%	1.27%

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: WDEF, SEC Form N-PORT, June 30, 2026; EFAD, SEC Form N-PORT, May 31, 2026.

institutions report holding both, of 57 holding any

WDEF25.1% of its 13F dollars, 15.4% of its 39 holders

EFAD18.6% of its 13F dollars, 25.0% of its 24 holders

Largest institutions holding both

Firm	WDEF	EFAD
Raymond James Financial Inc.	$2.9M	$4.1M
LPL Financial LLC	$2.2M	$779K
Royal Bank of Canada	$1.6M	$560K
Osaic Holdings, Inc.	$1.5M	$145K
Cambridge Investment Research Advisors, Inc.	$438K	$510K
UBS Group AG	$174K	$389K

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: WDEF institutional holders, EFAD institutional holders.

Frequently asked questions

How much do WDEF and EFAD overlap?

1.3% by weight, with 1 holdings in common, using holdings for WDEF as of June 30, 2026 and EFAD as of May 31, 2026. The largest shared position is BAESF.

Do institutions hold both WDEF and EFAD?

6 Form 13F filers report positions in both, out of 57 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%.