IYH vs FHLC overlap
IYH and FHLC overlap 87.2% by weight, across 96 shared holdings.
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Top shared holdings
| Holding | IYH | FHLC | Overlap |
|---|---|---|---|
| ELI Lilly & CoLLY | 15.11% | 13.35% | 13.35% |
| Johnson&JohnsonJNJ | 10.17% | 8.93% | 8.93% |
| Abbvie Inc.ABBV | 7.32% | 6.42% | 6.42% |
| Unitedhealth GRPUNH | 6.16% | 5.44% | 5.44% |
| Merck & CoMRK | 5.31% | 4.66% | 4.66% |
| Thermo FisherTMO | 3.52% | 3.09% | 3.09% |
| Amgen Inc.AMGN | 3.42% | 3.00% | 3.00% |
| Abbott LabsABT | 3.02% | 2.66% | 2.66% |
| Gilead SciencesGILD | 2.66% | 2.34% | 2.34% |
| Pfizer Inc.PFE | 2.35% | 2.06% | 2.06% |
| Bristol-MYER SQBBMY | 2.20% | 1.93% | 1.93% |
| Intuitive SurgicISRG | 2.05% | 1.82% | 1.82% |
| Danaher Corp.DHR | 2.03% | 1.80% | 1.80% |
| Vertex PharmVRTX | 2.00% | 1.76% | 1.76% |
| Stryker Corp.SYK | 1.86% | 1.62% | 1.62% |
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: IYH, SEC Form N-PORT, July 31, 2026; FHLC, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | IYH | FHLC |
|---|---|---|
| Morgan Stanley | $147.7M | $44.9M |
| UBS Group AG | $172.7M | $4.5M |
| LPL Financial LLC | $99.3M | $68.2M |
| Lido Advisors, LLC | $1.5M | $161.5M |
| AE Wealth Management LLC | $93K | $114.9M |
| Bank of America Corp. | $102.3M | $8.8M |
| Wells Fargo & Company | $61.3M | $13.2M |
| Northwestern Mutual Wealth Management Co | $69.0M | $4.8M |
| Raymond James Financial Inc. | $50.7M | $21.9M |
| Royal Bank of Canada | $56.9M | $2.4M |
| Commonwealth Equity Services, LLC | $21.6M | $30.3M |
| Envestnet Asset Management Inc. | $7.8M | $44.0M |
| Kestra Advisory Services, LLC | $28.2M | $20.8M |
| Osaic Holdings, Inc. | $25.1M | $19.1M |
| Goldman Sachs Group Inc. | $39.5M | $3.3M |
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: IYH institutional holders, FHLC institutional holders.
Frequently asked questions
How much do IYH and FHLC overlap?
87.2% by weight, with 96 holdings in common, using holdings for IYH as of July 31, 2026 and FHLC as of July 31, 2026. The largest shared position is LLY.
Do institutions hold both IYH and FHLC?
173 Form 13F filers report positions in both, out of 739 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%.