SPHD vs QQEW overlap
SPHD and QQEW overlap 1.4% by weight, across 1 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | SPHD | QQEW | Overlap |
|---|---|---|---|
| Paychex Inc.PAYX | 1.45% | 1.99% | 1.45% |
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; QQEW, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | SPHD | QQEW |
|---|---|---|
| Morgan Stanley | $82.5M | $218.3M |
| LPL Financial LLC | $110.1M | $101.2M |
| Wells Fargo & Company | $24.6M | $128.1M |
| Raymond James Financial Inc. | $35.5M | $62.4M |
| Royal Bank of Canada | $35.2M | $47.1M |
| Bank of America Corp. | $67.5M | $13.8M |
| UBS Group AG | $29.1M | $43.2M |
| Cambridge Investment Research Advisors, Inc. | $20.8M | $37.8M |
| Stifel Financial Corp. | $8.3M | $24.2M |
| Osaic Holdings, Inc. | $12.2M | $19.7M |
| Envestnet Asset Management Inc. | $14.1M | $13.2M |
| Cetera Investment Advisers | $15.3M | $10.9M |
| Commonwealth Equity Services, LLC | $12.0M | $13.9M |
| Kestra Advisory Services, LLC | $3.6M | $21.7M |
| Private Advisor Group, LLC | $21.6M | $2.9M |
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, QQEW institutional holders.
Frequently asked questions
How much do SPHD and QQEW overlap?
1.4% by weight, with 1 holdings in common, using holdings for SPHD as of May 31, 2026 and QQEW as of June 30, 2026. The largest shared position is PAYX.
Do institutions hold both SPHD and QQEW?
124 Form 13F filers report positions in both, out of 497 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%.