WEPN vs WCAP overlap

WEPN and WCAP overlap 2.2% by weight, across 3 shared holdings.

WEPNWCAP

Pick 2 to 4 ETFs.

2.2%

overlap by weight, across 3 shared holdings

WEPN20.1% of the fund is in shared holdings, of 29

WCAP2.2% of the fund is in shared holdings, of 46

Top shared holdings

Holding	WEPN	WCAP	Overlap
PALO ALTO NetworPANW	9.96%	1.08%	1.08%
Palantir Techn-aPLTR	3.84%	0.92%	0.92%
Space Explorat-aSPCX	6.32%	0.18%	0.18%

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: WEPN, SEC Form N-PORT, July 31, 2026; WCAP, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 5 holding any

WEPN0.2% of its 13F dollars, 33.3% of its 3 holders

WCAP1.6% of its 13F dollars, 33.3% of its 3 holders

Largest institutions holding both

Firm	WEPN	WCAP
UBS Group AG	$5K	$39K

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: WEPN institutional holders, WCAP institutional holders.

Frequently asked questions

How much do WEPN and WCAP overlap?

2.2% by weight, with 3 holdings in common, using holdings for WEPN as of July 31, 2026 and WCAP as of July 31, 2026. The largest shared position is PANW.

Do institutions hold both WEPN and WCAP?

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