XMLV vs SMDV overlap
XMLV and SMDV overlap 10.3% by weight, across 11 shared holdings.
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Top shared holdings
| Holding | XMLV | SMDV | Overlap |
|---|---|---|---|
| United BankshsUBSI | 1.09% | 1.03% | 1.03% |
| Caretrust REICTRE | 1.20% | 0.97% | 0.97% |
| New Jersey RESNJR | 1.57% | 0.97% | 0.97% |
| Northwestern ENENWE | 1.23% | 0.97% | 0.97% |
| Watts Water TE-aWTS | 1.11% | 0.96% | 0.96% |
| TXNM Energy Inc.TXNM | 3.08% | 0.96% | 0.96% |
| Black Hills Corp.BKH | 1.28% | 0.94% | 0.94% |
| GATX Corp.GATX | 0.99% | 0.90% | 0.90% |
| Portland GeneralPOR | 1.50% | 0.90% | 0.90% |
| Spire Inc.SR | 1.39% | 0.85% | 0.85% |
| One Gas Inc.OGS | 1.33% | 0.85% | 0.85% |
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: XMLV, SEC Form N-PORT, May 31, 2026; SMDV, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | XMLV | SMDV |
|---|---|---|
| Morgan Stanley | $42.2M | $70.5M |
| Cambridge Investment Research Advisors, Inc. | $64.3M | $9.3M |
| UBS Group AG | $19.2M | $33.3M |
| LPL Financial LLC | $30.6M | $19.6M |
| Raymond James Financial Inc. | $12.0M | $24.7M |
| Bank of America Corp. | $6.8M | $21.3M |
| Wells Fargo & Company | $5.4M | $21.9M |
| Royal Bank of Canada | $4.9M | $14.4M |
| Envestnet Asset Management Inc. | $15.0M | $3.2M |
| Ameriprise Financial Inc. | $11.5M | $4.0M |
| PNC Financial Services Group, Inc. | $13.3M | $44K |
| Commonwealth Equity Services, LLC | $10.6M | $2.7M |
| Jones Financial Companies LLLP | $10.9M | $1.0M |
| Baird Financial Group, Inc. | $623K | $10.3M |
| Cetera Investment Advisers | $7.5M | $2.7M |
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: XMLV institutional holders, SMDV institutional holders.
Frequently asked questions
How much do XMLV and SMDV overlap?
10.3% by weight, with 11 holdings in common, using holdings for XMLV as of May 31, 2026 and SMDV as of May 31, 2026. The largest shared position is UBSI.
Do institutions hold both XMLV and SMDV?
66 Form 13F filers report positions in both, out of 263 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%.