ZAP vs ULVM overlap
ZAP and ULVM overlap 7.4% by weight, across 7 shared holdings.
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Top shared holdings
| Holding | ZAP | ULVM | Overlap |
|---|---|---|---|
| Evergy Inc.EVRG | 2.00% | 1.50% | 1.50% |
| Ameren Corp.AEE | 3.18% | 1.48% | 1.48% |
| CONS Edison Inc.ED | 4.08% | 1.39% | 1.39% |
| Entergy Corp.ETR | 3.84% | 1.16% | 1.16% |
| Edison IntlEIX | 3.15% | 1.00% | 1.00% |
| Mastec Inc.MTZ | 1.62% | 0.62% | 0.62% |
| Bloom Energy C-aBE | 4.08% | 0.30% | 0.30% |
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: ZAP, SEC Form N-PORT, July 31, 2026; ULVM, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | ZAP | ULVM |
|---|---|---|
| Bank of America Corp. | $48.0M | $2.8M |
| UBS Group AG | $13.4M | $36K |
| Cetera Investment Advisers | $4.3M | $2.3M |
| Citadel Advisors LLC | $2.1M | $1.8M |
| Osaic Holdings, Inc. | $1.9M | $51K |
| HighTower Advisors, LLC | $715K | $411K |
| World Investment Advisors | $286K | $616K |
| Susquehanna International Group, LLP | $216K | $648K |
| Morgan Stanley | $498K | $15K |
| International Assets Investment Management, LLC | $22K | $8K |
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: ZAP institutional holders, ULVM institutional holders.
Frequently asked questions
How much do ZAP and ULVM overlap?
7.4% by weight, with 7 holdings in common, using holdings for ZAP as of July 31, 2026 and ULVM as of June 30, 2026. The largest shared position is EVRG.
Do institutions hold both ZAP and ULVM?
10 Form 13F filers report positions in both, out of 99 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%.