XHB vs FXL overlap
XHB and FXL overlap 0.0% by weight, across 0 shared holdings.
Pick 2 to 4 ETFs.
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: XHB, SEC Form N-PORT, June 30, 2026; FXL, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | XHB | FXL |
|---|---|---|
| Morgan Stanley | $227.7M | $163.0M |
| BNP Paribas Financial Markets | $113.7M | $76.0M |
| LPL Financial LLC | $43.8M | $126.3M |
| Wells Fargo & Company | $12.6M | $116.2M |
| Bank of America Corp. | $83.0M | $24.1M |
| Raymond James Financial Inc. | $23.7M | $82.8M |
| UBS Group AG | $21.0M | $41.6M |
| JPMorgan Chase & Co | $39.7M | $946K |
| Royal Bank of Canada | $17.5M | $15.0M |
| Envestnet Asset Management Inc. | $8.7M | $20.8M |
| Ameriprise Financial Inc. | $4.3M | $24.3M |
| Commonwealth Equity Services, LLC | $1.5M | $27.0M |
| Cetera Investment Advisers | $7.8M | $17.6M |
| Bank of Montreal | $24.6M | $7K |
| Cambridge Investment Research Advisors, Inc. | $3.1M | $21.2M |
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: XHB institutional holders, FXL institutional holders.
Frequently asked questions
How much do XHB and FXL overlap?
0.0% by weight, with 0 holdings in common, using holdings for XHB as of June 30, 2026 and FXL as of July 31, 2026.
Do institutions hold both XHB and FXL?
107 Form 13F filers report positions in both, out of 505 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%.