XLG vs MGC overlap
XLG and MGC overlap 76.3% by weight, across 51 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (XLG: July 31, 2026, MGC: May 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | XLG | MGC | Overlap |
|---|---|---|---|
| Nvidia Corp.NVDA | 12.06% | 9.10% | 9.10% |
| Apple Inc.AAPL | 11.26% | 8.55% | 8.55% |
| Microsoft Corp.MSFT | 8.56% | 6.24% | 6.24% |
| Amazon.COM Inc.AMZN | 6.60% | 4.88% | 4.88% |
| Alphabet Inc.-aGOOGL | 5.18% | 4.13% | 4.13% |
| Broadcom Inc.AVGO | 4.57% | 3.95% | 3.95% |
| Alphabet Inc.-CGOOG | 4.18% | 3.25% | 3.25% |
| META Platforms-aMETA | 3.03% | 2.58% | 2.58% |
| Tesla Inc.TSLA | 2.17% | 2.29% | 2.17% |
| Micron TechMU | 2.30% | 2.04% | 2.04% |
| ELI Lilly & CoLLY | 2.25% | 1.75% | 1.75% |
| ADV Micro DeviceAMD | 1.93% | 1.57% | 1.57% |
| Berkshire HATH-BBRK/B | 2.33% | 1.53% | 1.53% |
| JPMorgan ChaseJPM | 2.34% | 1.41% | 1.41% |
| Exxon Mobil Corp.XOM | 1.60% | 1.13% | 1.13% |
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; MGC, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | XLG | MGC |
|---|---|---|
| Envestnet Asset Management Inc. | $65.8M | $922.1M |
| LPL Financial LLC | $578.5M | $122.1M |
| Bank of America Corp. | $189.6M | $418.6M |
| Morgan Stanley | $390.6M | $161.2M |
| JPMorgan Chase & Co | $433.6M | $20.2M |
| Wells Fargo & Company | $211.0M | $156.2M |
| Raymond James Financial Inc. | $169.9M | $94.0M |
| UBS Group AG | $79.6M | $125.8M |
| Ameriprise Financial Inc. | $103.4M | $99.8M |
| Osaic Holdings, Inc. | $145.6M | $28.0M |
| Royal Bank of Canada | $117.6M | $36.8M |
| Leavell Investment Management, Inc. | $5.4M | $138.8M |
| Johnson Financial Group, Inc. | $138.1M | $14K |
| Cetera Investment Advisers | $45.7M | $81.9M |
| PNC Financial Services Group, Inc. | $490K | $118.9M |
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, MGC institutional holders.
Frequently asked questions
How much do XLG and MGC overlap?
76.3% by weight, with 51 holdings in common, using holdings for XLG as of July 31, 2026 and MGC as of May 31, 2026. The largest shared position is NVDA.
Do institutions hold both XLG and MGC?
239 Form 13F filers report positions in both, out of 875 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%.