XSVN vs NUBD overlap

XSVN and NUBD overlap 5.1% by weight, across 20 shared holdings.

XSVNNUBD

Pick 2 to 4 ETFs.

5.1%

overlap by weight, across 20 shared holdings

XSVN64.8% of the fund is in shared holdings, of 39

NUBD5.1% of the fund is in shared holdings, of 2,411

Top shared holdings

Holding	XSVN	NUBD	Overlap
US Treasury N/BT	1.22%	0.60%	0.60%
US Treasury N/B	1.67%	0.53%	0.53%
US Treasury N/BT	10.57%	0.52%	0.52%
US Treasury N/B	3.84%	0.42%	0.42%
US Treasury N/B	1.80%	0.38%	0.38%
US Treasury N/B	1.80%	0.34%	0.34%
US Treasury N/BT	7.80%	0.29%	0.29%
US Treasury N/B	1.43%	0.27%	0.27%
US Treasury N/B	1.50%	0.24%	0.24%
US Treasury N/BT	1.45%	0.23%	0.23%
US Treasury N/BT	0.68%	0.20%	0.20%
US Treasury N/BT	1.37%	0.19%	0.19%
US Treasury N/B	1.47%	0.16%	0.16%
US Treasury N/B	0.71%	0.16%	0.16%
US Treasury N/B	2.35%	0.15%	0.15%

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: XSVN, SEC Form N-PORT, July 31, 2026; NUBD, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 170 holding any

XSVN41.3% of its 13F dollars, 26.6% of its 64 holders

NUBD46.6% of its 13F dollars, 13.8% of its 123 holders

Largest institutions holding both

Firm	XSVN	NUBD
Envestnet Asset Management Inc.	$108.2M	$36.8M
Morgan Stanley	$2K	$45.9M
Cambridge Investment Research Advisors, Inc.	$2.4M	$41.8M
Bank of America Corp.	$9.8M	$5.8M
LPL Financial LLC	$1.3M	$11.5M
Cetera Investment Advisers	$4.1M	$1.3M
Goldman Sachs Group Inc.	$2.0M	$723K
Wealth Enhancement Advisory Services, LLC	$2.5M	$272K
UBS Group AG	$1K	$2.5M
Royal Bank of Canada	$9K	$2.5M
Wealthcare Advisory Partners LLC	$1.5M	$719K
MML Investors Services, LLC	$204K	$1.6M
Jane Street Group, LLC	$1.5M	$230K
Citadel Advisors LLC	$459K	$1.1M
Osaic Holdings, Inc.	$182K	$827K

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: XSVN institutional holders, NUBD institutional holders.

Frequently asked questions

How much do XSVN and NUBD overlap?

5.1% by weight, with 20 holdings in common, using holdings for XSVN as of July 31, 2026 and NUBD as of July 31, 2026. The largest shared position is T.

Do institutions hold both XSVN and NUBD?

17 Form 13F filers report positions in both, out of 170 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%.