SPHD vs QDPL overlap
SPHD and QDPL overlap 4.6% by weight, across 47 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (SPHD: May 31, 2026, QDPL: July 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | SPHD | QDPL | Overlap |
|---|---|---|---|
| Exxon Mobil Corp.XOM | 1.54% | 0.91% | 0.91% |
| Chevron Corp.CVX | 2.09% | 0.52% | 0.52% |
| Verizon CommunicVZ | 3.47% | 0.28% | 0.28% |
| At&T Inc.T | 2.01% | 0.23% | 0.23% |
| Pfizer Inc.PFE | 2.98% | 0.20% | 0.20% |
| Bristol-MYER SQBBMY | 2.06% | 0.19% | 0.19% |
| Altria Group Inc.MO | 3.43% | 0.16% | 0.16% |
| US BancorpUSB | 1.61% | 0.14% | 0.14% |
| DUKE Energy Corp.DUK | 1.58% | 0.14% | 0.14% |
| Williams COS Inc.WMB | 1.60% | 0.12% | 0.12% |
| Comcast Corp.-aCMCSA | 1.60% | 0.12% | 0.12% |
| EOG ResourcesEOG | 1.98% | 0.11% | 0.11% |
| Truist FinancialTFC | 1.74% | 0.09% | 0.09% |
| Kinder Morgan inKMI | 1.96% | 0.09% | 0.09% |
| Dominion EnergyD | 2.13% | 0.09% | 0.09% |
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: SPHD, SEC Form N-PORT, May 31, 2026; QDPL, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | SPHD | QDPL |
|---|---|---|
| LPL Financial LLC | $110.1M | $155.9M |
| Morgan Stanley | $82.5M | $118.0M |
| Bank of America Corp. | $67.5M | $123.8M |
| Brookstone Capital Management | $114.2M | $739K |
| Raymond James Financial Inc. | $35.5M | $65.3M |
| Cambridge Investment Research Advisors, Inc. | $20.8M | $71.3M |
| Royal Bank of Canada | $35.2M | $30.7M |
| Stratos Wealth Partners, LTD. | $1.6M | $48.4M |
| Wells Fargo & Company | $24.6M | $22.4M |
| Commonwealth Equity Services, LLC | $12.0M | $21.8M |
| Private Advisor Group, LLC | $21.6M | $11.7M |
| Osaic Holdings, Inc. | $12.2M | $20.6M |
| Cetera Investment Advisers | $15.3M | $16.7M |
| MML Investors Services, LLC | $3.0M | $25.3M |
| Envestnet Asset Management Inc. | $14.1M | $11.8M |
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: SPHD institutional holders, QDPL institutional holders.
Frequently asked questions
How much do SPHD and QDPL overlap?
4.6% by weight, with 47 holdings in common, using holdings for SPHD as of May 31, 2026 and QDPL as of July 31, 2026. The largest shared position is XOM.
Do institutions hold both SPHD and QDPL?
98 Form 13F filers report positions in both, out of 455 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%.