FRDM vs DEM overlap
FRDM and DEM overlap 0.7% by weight, across 3 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | FRDM | DEM | Overlap |
|---|---|---|---|
| Grupo F Banort-OGFNORTEO | 0.38% | 1.78% | 0.38% |
| ARCA ContinentalAC* | 0.14% | 0.26% | 0.14% |
| Aero del Pacif-BGAPB | 0.14% | 0.55% | 0.14% |
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: FRDM, SEC Form N-PORT, June 30, 2026; DEM, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | FRDM | DEM |
|---|---|---|
| Morgan Stanley | $53.8M | $557.4M |
| Wells Fargo & Company | $174.3M | $174.6M |
| LPL Financial LLC | $79.1M | $115.8M |
| Northwestern Mutual Wealth Management Co | $150.6M | $12.3M |
| Envestnet Asset Management Inc. | $42.7M | $75.7M |
| Creative Planning | $1.6M | $115.3M |
| UBS Group AG | $312K | $105.4M |
| Raymond James Financial Inc. | $58.9M | $35.8M |
| Kestra Advisory Services, LLC | $34.8M | $23.4M |
| Royal Bank of Canada | $11.4M | $39.5M |
| Commonwealth Equity Services, LLC | $23.6M | $25.6M |
| Aptus Capital Advisors, LLC | $48.4M | $180K |
| Mercer Global Advisors Inc. | $442K | $43.6M |
| Cambridge Investment Research Advisors, Inc. | $41.0M | $3.0M |
| Cetera Investment Advisers | $10.2M | $32.0M |
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: FRDM institutional holders, DEM institutional holders.
Frequently asked questions
How much do FRDM and DEM overlap?
0.7% by weight, with 3 holdings in common, using holdings for FRDM as of June 30, 2026 and DEM as of June 30, 2026. The largest shared position is GFNORTEO.
Do institutions hold both FRDM and DEM?
108 Form 13F filers report positions in both, out of 580 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%.