XSHQ vs SMLV overlap
XSHQ and SMLV overlap 9.9% by weight, across 43 shared holdings.
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Top shared holdings
| Holding | XSHQ | SMLV | Overlap |
|---|---|---|---|
| City Holding CoCHCO | 0.43% | 0.58% | 0.43% |
| Franklin ELEC CoFELE | 0.94% | 0.34% | 0.34% |
| Radian Group Inc.RDN | 1.07% | 0.34% | 0.34% |
| Park NATL Corp.PRK | 0.58% | 0.34% | 0.34% |
| Netscout SystemsNTCT | 0.90% | 0.33% | 0.33% |
| NMI Holdings Inc.NMIH | 0.71% | 0.33% | 0.33% |
| Westamerica BANCWABC | 0.34% | 0.32% | 0.32% |
| Alkermes PLCALKS | 1.84% | 0.32% | 0.32% |
| OFG BancorpOFG | 0.47% | 0.32% | 0.32% |
| Lakeland FINLLKFN | 0.38% | 0.28% | 0.28% |
| Balchem Corp.BCPC | 1.31% | 0.28% | 0.28% |
| Bancfirst Corp.BANF | 0.58% | 0.28% | 0.28% |
| Preferred BankPFBC | 0.27% | 0.30% | 0.27% |
| Plexus Corp.PLXS | 1.51% | 0.27% | 0.27% |
| Knowles Corp.KN | 0.96% | 0.27% | 0.27% |
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: XSHQ, SEC Form N-PORT, May 31, 2026; SMLV, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | XSHQ | SMLV |
|---|---|---|
| LPL Financial LLC | $30.1M | $9.8M |
| Cambridge Investment Research Advisors, Inc. | $1.6M | $24.3M |
| Osaic Holdings, Inc. | $947K | $12.1M |
| Bank of America Corp. | $3.8M | $1.9M |
| Morgan Stanley | $3.9M | $1.8M |
| Raymond James Financial Inc. | $5.0M | $537K |
| Cetera Investment Advisers | $2.1M | $3.2M |
| Jones Financial Companies LLLP | $3.2M | $1.3M |
| Envestnet Asset Management Inc. | $918K | $3.0M |
| Royal Bank of Canada | $748K | $1.9M |
| NewEdge Advisors, LLC | $1.1M | $1.4M |
| Integrated Wealth Concepts LLC | $49K | $1.8M |
| Citadel Advisors LLC | $363K | $1.4M |
| HighTower Advisors, LLC | $1.1M | $640K |
| Ameriprise Financial Inc. | $284K | $981K |
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: XSHQ institutional holders, SMLV institutional holders.
Frequently asked questions
How much do XSHQ and SMLV overlap?
9.9% by weight, with 43 holdings in common, using holdings for XSHQ as of May 31, 2026 and SMLV as of June 30, 2026. The largest shared position is CHCO.
Do institutions hold both XSHQ and SMLV?
22 Form 13F filers report positions in both, out of 153 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%.