XHB vs NLR overlap
XHB and NLR 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; NLR, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | XHB | NLR |
|---|---|---|
| Morgan Stanley | $227.7M | $152.3M |
| Goldman Sachs Group Inc. | $340.6M | $6.4M |
| LPL Financial LLC | $43.8M | $275.1M |
| Bank of America Corp. | $83.0M | $137.1M |
| Citigroup Inc. | $120.1M | $1.6M |
| BNP Paribas Financial Markets | $113.7M | $2.1M |
| Raymond James Financial Inc. | $23.7M | $75.4M |
| Wells Fargo & Company | $12.6M | $68.4M |
| Barclays PLC | $77.5M | $2.9M |
| UBS Group AG | $21.0M | $47.9M |
| Cetera Investment Advisers | $7.8M | $59.9M |
| Royal Bank of Canada | $17.5M | $47.1M |
| JPMorgan Chase & Co | $39.7M | $6.8M |
| Envestnet Asset Management Inc. | $8.7M | $35.6M |
| Stifel Financial Corp. | $3.3M | $35.2M |
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, NLR institutional holders.
Frequently asked questions
How much do XHB and NLR overlap?
0.0% by weight, with 0 holdings in common, using holdings for XHB as of June 30, 2026 and NLR as of June 30, 2026.
Do institutions hold both XHB and NLR?
147 Form 13F filers report positions in both, out of 709 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%.