IHAK vs IETC overlap
IHAK and IETC overlap 3.4% by weight, across 4 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | IHAK | IETC | Overlap |
|---|---|---|---|
| Fortinet Inc.FTNT | 4.25% | 1.94% | 1.94% |
| Crowdstrike HO-aCRWD | 4.32% | 1.31% | 1.31% |
| BOOZ Allen HamilBAH | 3.33% | 0.09% | 0.09% |
| Zscaler Inc.ZS | 4.39% | 0.07% | 0.07% |
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: IHAK, SEC Form N-PORT, July 31, 2026; IETC, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | IHAK | IETC |
|---|---|---|
| LPL Financial LLC | $20.5M | $35.7M |
| Morgan Stanley | $21.5M | $330K |
| UBS Group AG | $18.2M | $523K |
| Raymond James Financial Inc. | $4.0M | $9.7M |
| Royal Bank of Canada | $8.6M | $472K |
| Stifel Financial Corp. | $3.5M | $5.1M |
| JPMorgan Chase & Co | $26K | $7.8M |
| Integrated Wealth Concepts LLC | $566K | $7.0M |
| Cambridge Investment Research Advisors, Inc. | $2.5M | $4.7M |
| Jones Financial Companies LLLP | $5.1M | $1.6M |
| MML Investors Services, LLC | $1.3M | $4.0M |
| Northwestern Mutual Wealth Management Co | $839K | $4.0M |
| GTS Securities LLC | $1.9M | $2.8M |
| Envestnet Asset Management Inc. | $451K | $3.9M |
| Osaic Holdings, Inc. | $2.3M | $1.6M |
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: IHAK institutional holders, IETC institutional holders.
Frequently asked questions
How much do IHAK and IETC overlap?
3.4% by weight, with 4 holdings in common, using holdings for IHAK as of July 31, 2026 and IETC as of July 31, 2026. The largest shared position is FTNT.
Do institutions hold both IHAK and IETC?
43 Form 13F filers report positions in both, out of 254 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%.