XSMO vs FSMD overlap
XSMO and FSMD overlap 8.1% by weight, across 61 shared holdings.
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Top shared holdings
| Holding | XSMO | FSMD | Overlap |
|---|---|---|---|
| Viasat Inc.VSAT | 4.59% | 0.24% | 0.24% |
| Stonex Group Inc.SNEX | 2.17% | 0.23% | 0.23% |
| Madison Square GMSGS | 1.73% | 0.22% | 0.22% |
| PAR Pacific HOLDPARR | 1.66% | 0.22% | 0.22% |
| Enova InternatioENVA | 1.52% | 0.22% | 0.22% |
| Formfactor Inc.FORM | 1.98% | 0.19% | 0.19% |
| Pricesmart Inc.PSMT | 1.80% | 0.18% | 0.18% |
| Ligand PharmLGND | 1.88% | 0.18% | 0.18% |
| International SEINSW | 1.19% | 0.18% | 0.18% |
| ESCO Tech Inc.ESE | 2.97% | 0.17% | 0.17% |
| Acadian Asset MAAAMI | 1.00% | 0.17% | 0.17% |
| Clear Secure I-aYOU | 1.06% | 0.16% | 0.16% |
| Plexus Corp.PLXS | 1.55% | 0.16% | 0.16% |
| AXOS Financial IAX | 1.50% | 0.16% | 0.16% |
| Ameris BancorpABCB | 1.13% | 0.16% | 0.16% |
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: XSMO, SEC Form N-PORT, July 31, 2026; FSMD, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | XSMO | FSMD |
|---|---|---|
| FMR LLC | $776K | $851.4M |
| LPL Financial LLC | $238.1M | $72.3M |
| Retirement Planning Group, LLC | $4.8M | $294.2M |
| Envestnet Asset Management Inc. | $167.2M | $125.2M |
| Osaic Holdings, Inc. | $193.4M | $21.5M |
| Commonwealth Equity Services, LLC | $15.2M | $179.5M |
| Raymond James Financial Inc. | $158.7M | $24.4M |
| Bank of America Corp. | $77.4M | $71.6M |
| Cetera Investment Advisers | $86.9M | $29.9M |
| Morgan Stanley | $106.0M | $769K |
| Cambridge Investment Research Advisors, Inc. | $69.2M | $18.8M |
| Wells Fargo & Company | $86.9M | $27K |
| Northwestern Mutual Wealth Management Co | $67.8M | $18.8M |
| Stifel Financial Corp. | $24.6M | $31.5M |
| Sanctuary Advisors, LLC | $7.9M | $45.8M |
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: XSMO institutional holders, FSMD institutional holders.
Frequently asked questions
How much do XSMO and FSMD overlap?
8.1% by weight, with 61 holdings in common, using holdings for XSMO as of July 31, 2026 and FSMD as of July 31, 2026. The largest shared position is VSAT.
Do institutions hold both XSMO and FSMD?
101 Form 13F filers report positions in both, out of 410 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%.