ZROZ vs PIZ overlap
ZROZ and PIZ overlap 0.0% by weight, across 0 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
These funds hold nothing in common.
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: ZROZ, SEC Form N-PORT, June 30, 2026; PIZ, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | ZROZ | PIZ |
|---|---|---|
| Wells Fargo & Company | $2.9M | $110.0M |
| LPL Financial LLC | $44.0M | $54.0M |
| Bank of America Corp. | $82.7M | $1.2M |
| Morgan Stanley | $9.8M | $66.7M |
| Envestnet Asset Management Inc. | $31.2M | $15.9M |
| Royal Bank of Canada | $5.7M | $36.2M |
| Raymond James Financial Inc. | $14.6M | $27.1M |
| UBS Group AG | $4.1M | $19.3M |
| Wealth Enhancement Advisory Services, LLC | $1.2M | $17.0M |
| Jones Financial Companies LLLP | $5.0M | $7.5M |
| Cyndeo Wealth Partners, LLC | $9.9M | $1.2M |
| MML Investors Services, LLC | $5.4M | $4.8M |
| Commonwealth Equity Services, LLC | $6.3M | $3.9M |
| Cetera Investment Advisers | $342K | $9.2M |
| Osaic Holdings, Inc. | $4.5M | $4.6M |
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: ZROZ institutional holders, PIZ institutional holders.
Frequently asked questions
How much do ZROZ and PIZ overlap?
0.0% by weight, with 0 holdings in common, using holdings for ZROZ as of June 30, 2026 and PIZ as of July 31, 2026.
Do institutions hold both ZROZ and PIZ?
43 Form 13F filers report positions in both, out of 197 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%.