XLG vs CGBL overlap
XLG and CGBL overlap 26.5% by weight, across 24 shared holdings.
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Top shared holdings
| Holding | XLG | CGBL | Overlap |
|---|---|---|---|
| Broadcom Inc.AVGO | 4.57% | 4.58% | 4.57% |
| Alphabet Inc.-CGOOG | 4.18% | 2.79% | 2.79% |
| Micron TechMU | 2.30% | 2.23% | 2.23% |
| Apple Inc.AAPL | 11.26% | 2.01% | 2.01% |
| Microsoft Corp.MSFT | 8.56% | 1.96% | 1.96% |
| Nvidia Corp.NVDA | 12.06% | 1.20% | 1.20% |
| META Platforms-aMETA | 3.03% | 1.10% | 1.10% |
| Bank of AmericaBAC | 1.00% | 0.96% | 0.96% |
| VISA Inc.-Class aV | 1.51% | 0.92% | 0.92% |
| Intel Corp.INTC | 1.06% | 0.91% | 0.91% |
| Amazon.COM Inc.AMZN | 6.60% | 0.81% | 0.81% |
| Philip Morris inPM | 0.74% | 2.07% | 0.74% |
| ELI Lilly & CoLLY | 2.25% | 0.73% | 0.73% |
| GE Vernova Inc.GEV | 0.66% | 1.26% | 0.66% |
| Unitedhealth GRPUNH | 0.93% | 0.64% | 0.64% |
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: XLG, SEC Form N-PORT, July 31, 2026; CGBL, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | XLG | CGBL |
|---|---|---|
| LPL Financial LLC | $578.5M | $710.5M |
| Morgan Stanley | $390.6M | $233.6M |
| Wells Fargo & Company | $211.0M | $384.9M |
| JPMorgan Chase & Co | $433.6M | $5.4M |
| Envestnet Asset Management Inc. | $65.8M | $366.5M |
| Raymond James Financial Inc. | $169.9M | $215.4M |
| Osaic Holdings, Inc. | $145.6M | $136.1M |
| Cambridge Investment Research Advisors, Inc. | $33.9M | $196.9M |
| Cetera Investment Advisers | $45.7M | $182.9M |
| Royal Bank of Canada | $117.6M | $95.6M |
| Bank of America Corp. | $189.6M | $15.0M |
| Commonwealth Equity Services, LLC | $17.8M | $132.2M |
| Wealth Enhancement Advisory Services, LLC | $84.9M | $60.1M |
| Jones Financial Companies LLLP | $49.7M | $89.7M |
| Stifel Financial Corp. | $68.7M | $59.4M |
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: XLG institutional holders, CGBL institutional holders.
Frequently asked questions
How much do XLG and CGBL overlap?
26.5% by weight, with 24 holdings in common, using holdings for XLG as of July 31, 2026 and CGBL as of June 30, 2026. The largest shared position is AVGO.
Do institutions hold both XLG and CGBL?
169 Form 13F filers report positions in both, out of 775 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%.