ETF Overlap Tool
Enter up to six ETFs to see how much of each is the same securities. Overlap by weight is the sum, over every holding two funds share, of the smaller of the two weights: 100% means identical portfolios, 0% means nothing in common.
Overlap by weight
91 holdings in all 2 funds| Fund | AAXJ | QLVE | Positions | Holdings |
|---|---|---|---|---|
| AAXJiShares MSCI All Country Asia ex Japan ETF | — | 40% 91 shared |
947 | as of Oct 20, 2026issuer data |
| QLVENorthern Trust Emerging Markets Quality Low Volatility ETF | 40% 91 shared | — | 132 | as of Jul 31, 2026SEC filing |
Each cell: overlap by weight, and how many positions the two funds share. Stocks, funds and bonds are compared, a bond by its own identifier and a Treasury bill by its maturity date; cash and derivatives are not, and a fund that is partly either shows how much of it is compared.
Held by both funds
40.0% common weight| Holding | AAXJ | QLVE | Smallest |
|---|---|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING | 17.80% | 15.11% | 15.11% |
| SAMSUNG ELECTRONICS LTD | 7.31% | 6.48% | 6.48% |
| SK HYNIX | 4.99% | 3.08% | 3.08% |
| TENCENT HOLDINGS | 3.13% | 2.52% | 2.52% |
| SAMSUNG ELECTRONICS NON VOTING PRE | 0.98% | 2.02% | 0.98% |
| MEDIATEK | 1.80% | 0.90% | 0.90% |
| HDFC BANK | 0.84% | 1.23% | 0.84% |
| CHINA CONSTRUCTION BANK CORP H | 1.03% | 0.73% | 0.73% |
| INDUSTRIAL AND COMMERCIAL BANK OF | 0.61% | 1.02% | 0.61% |
| DELTA ELECTRONICS | 0.93% | 0.54% | 0.54% |
| BHARTI AIRTEL LTD | 0.54% | 0.88% | 0.54% |
| BANK OF CHINA LTD H | 0.52% | 1.08% | 0.52% |
| UNITED MICRO ELECTRONICS CORP | 0.43% | 1.04% | 0.43% |
| INFY | 0.35% | 1.12% | 0.35% |
| ICICI BANK | 0.76% | 0.35% | 0.35% |
| PETROCHINA H | 0.26% | 0.83% | 0.26% |
| CELLTRION | 0.22% | 0.55% | 0.22% |
| TATA CONSULTANCY SERVICES LTD | 0.20% | 0.85% | 0.20% |
| HANWHA AEROSPACE LTD | 0.20% | 0.54% | 0.20% |
| RELIANCE INDUSTRIES LTD | 0.71% | 0.20% | 0.20% |
| MEGA FINANCIAL HOLDING LTD | 0.18% | 0.49% | 0.18% |
| CHINA SHENHUA ENERGY LTD H | 0.17% | 0.69% | 0.17% |
| CHUNGHWA TELECOM LTD | 0.17% | 0.64% | 0.17% |
| LARGAN PRECISION LTD | 0.17% | 0.37% | 0.17% |
| SUN PHARMACEUTICAL INDUSTRIES | 0.16% | 0.84% | 0.16% |
| PUBLIC BANK | 0.16% | 0.76% | 0.16% |
| PDD | 0.41% | 0.16% | 0.16% |
| POSCO | 0.16% | 0.26% | 0.16% |
| MARUTI SUZUKI INDIA LTD | 0.14% | 0.63% | 0.14% |
| FIRST FINANCIAL HOLDING LTD | 0.13% | 0.84% | 0.13% |
| HINDUSTAN UNILEVER LTD | 0.13% | 0.69% | 0.13% |
| KT&G CORP | 0.13% | 0.62% | 0.13% |
| HCL TECHNOLOGIES LTD | 0.13% | 0.61% | 0.13% |
| MALAYAN BANKING | 0.12% | 0.56% | 0.12% |
| REALTEK SEMICONDUCTOR | 0.11% | 0.38% | 0.11% |
| DIVIS LABORATORIES LTD | 0.11% | 0.46% | 0.11% |
| EICHER MOTORS LTD | 0.11% | 0.86% | 0.11% |
| NOVATEK MICROELECTRONICS | 0.10% | 0.95% | 0.10% |
| PICC PROPERTY AND CASUALTY LTD H | 0.13% | 0.10% | 0.10% |
| ADVANCED INFO SERVICE NON-VOTING D | 0.09% | 0.44% | 0.09% |
| HON HAI PRECISION INDUSTRY | 0.89% | 0.09% | 0.09% |
| ASIAN PAINTS | 0.09% | 0.85% | 0.09% |
| ITC LTD | 0.08% | 0.41% | 0.08% |
| NESTLE INDIA LTD | 0.07% | 0.48% | 0.07% |
| CIPLA LTD | 0.07% | 0.57% | 0.07% |
| TORRENT PHARMACEUTICALS LTD | 0.07% | 0.14% | 0.07% |
| TAIWAN MOBILE | 0.07% | 0.52% | 0.07% |
| CHANG HWA COMMERCIAL BANK LTD | 0.07% | 0.58% | 0.07% |
| HERO MOTOCORP LTD | 0.06% | 0.28% | 0.06% |
| SHANGHAI COMMERCIAL | 0.06% | 0.62% | 0.06% |
| FAR EASTONE TELECOMMUNICATIONS LTD | 0.06% | 0.82% | 0.06% |
| MERITZ FINANCIAL GROUP INC | 0.07% | 0.06% | 0.06% |
| SK TELECOM | 0.06% | 0.51% | 0.06% |
| BANGKOK DUSIT MEDICAL SERVICES NON | 0.06% | 0.86% | 0.06% |
| SAMSUNG SDS | 0.06% | 1.04% | 0.06% |
| PTT EXPLORATION AND PRODUCTION NON | 0.06% | 0.73% | 0.06% |
| NAVER | 0.18% | 0.05% | 0.05% |
| BRITANNIA INDUSTRIES LTD | 0.05% | 0.55% | 0.05% |
| KOREA ELECTRIC POWER | 0.05% | 0.67% | 0.05% |
| CHINA TOWER CORP LTD H | 0.05% | 0.40% | 0.05% |
Reading overlap
Two funds with 80% overlap move together and holding both mostly doubles one exposure and both fees. Low overlap is not the same as diversification: two funds can share no holdings and still be driven by the same factor. To see what a whole portfolio owns, use the portfolio x-ray.
Holdings come from each issuer's daily file where we have one and otherwise from the fund's latest SEC filing, so the two sides of a comparison can be from different dates. The table shows each fund's date.
Bond funds are matched issue by issue: two Treasury funds overlap only where they hold the same bill, note or bond. A fund of short-dated bills replaces its whole portfolio every few months, so holdings from an older filing may have matured; the table says when they have.
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.