Stock Overlap: How Concentrated Is "Diversified" Really?
Own five different ETFs and you might assume you're holding five different baskets of stocks. Often you're not. This table ranks the individual stocks held across ETFValuer's tracked ETF universe by how many separate funds hold them — a same-day snapshot of just how much overlap sits underneath funds that look diversified on the label.
Built from each fund's most recent SEC N-PORT-P filing (the same regulatory disclosure that powers the "Top Holdings" table on every ETF's profile page), covering 422 of ETFValuer's 458 tracked ETFs that file with the SEC — commodity trusts and legacy unit investment trusts like GLD and SPY don't file N-PORT-P and are excluded here.
Data as of October 23, 2026. Educational content — not financial advice.
How this is calculated. For each fund, up to its 150 largest positions (by weight)
are matched to other funds' holdings by company name, since SEC filings report holdings by name, not
ticker. Stocks are ranked first by how many distinct funds hold them, then by combined dollar exposure
across those funds. A stock appearing in fewer funds here can still be a bigger single-fund bet — check
"Avg Weight" and click through to a fund's own profile for the full picture. Name-matching is heuristic,
not exact — very rarely, share classes or near-identical subsidiary names may under- or over-merge.
Top 100 Most-Held Stocks Across 422 ETFs
| # | Stock | ETFs Holding It | Avg Weight | Combined Exposure | Held By |
|---|---|---|---|---|---|
| 1 | Alphabet Inc | 89 | 3.36% | $251.6B | ACWI, ACWV, AIQ, ARKK, ARKQ, ARKW +83 more |
| 2 | NVIDIA Corp | 86 | 6.89% | $619.6B | ACWI, ACWV, AIQ, ARKF, ARKK, ARKQ +80 more |
| 3 | BANK OF AMERICA | 83 | 1.01% | $48.1B | ACWI, AVUS, CGGR, COMT, CRBN, CWB +77 more |
| 4 | Amazon.com Inc | 82 | 3.90% | $266.1B | ACWI, AIQ, ARKF, ARKK, ARKQ, ARKW +76 more |
| 5 | MICROSOFT CORP | 81 | 4.63% | $367.5B | ACWI, ACWV, AIQ, AVUS, CGDV, CGGR +75 more |
| 6 | BROADCOM INC | 81 | 3.12% | $247.7B | ACWI, ACWV, AIQ, ARKK, ARKQ, ARKW +75 more |
| 7 | Amgen Inc | 80 | 0.75% | $35.5B | ACWI, ACWV, AVUS, CGDV, CGGR, CRBN +74 more |
| 8 | AbbVie Inc | 79 | 1.27% | $58.4B | ACWI, ACWV, AVUS, CGDV, CRBN, DFAC +73 more |
| 9 | Oracle Corp | 78 | 0.81% | $37.0B | ACWI, AIQ, AVUS, CGDV, CRBN, CWB +72 more |
| 10 | VERIZON COMMUNICATIONS | 78 | 1.11% | $27.2B | ACWI, ACWV, AVUS, COMT, COWZ, CRBN +72 more |
| 11 | State Street Global Advisors | 78 | 2.44% | $12.6B | ANGL, BCI, BIL, CWB, CWI, FCOM +72 more |
| 12 | Meta Platforms Inc | 76 | 2.87% | $160.3B | ACWI, AIQ, ARKF, ARKK, ARKW, AVUS +70 more |
| 13 | Cisco Systems Inc | 76 | 1.73% | $75.3B | ACWI, ACWV, AIQ, CGDV, CIBR, CRBN +70 more |
| 14 | Morgan Stanley | 76 | 0.95% | $31.5B | ACWI, AVUS, CRBN, DFAC, DFUS, DGRO +70 more |
| 15 | Citigroup Inc | 76 | 0.63% | $27.6B | ACWI, AVUS, CRBN, DFAC, DFUS, DGRO +70 more |
| 16 | AT&T Inc | 75 | 0.74% | $18.8B | ACWI, ACWV, AVUS, COWZ, CRBN, DFAC +69 more |
| 17 | APPLE INC | 74 | 6.02% | $541.1B | ACWI, ACWV, AIQ, AVUS, CGDV, CGGR +68 more |
| 18 | QUALCOMM Inc | 73 | 0.88% | $42.7B | ACWI, AIQ, AVUS, BLOK, COWZ, CRBN +67 more |
| 19 | Gilead Sciences Inc | 73 | 0.66% | $25.9B | ACWI, ACWV, AVUS, COWZ, CRBN, DFAC +67 more |
| 20 | Texas Instruments Inc | 72 | 1.01% | $54.9B | ACWI, AVUS, CGDV, CRBN, DFAC, DFUS +66 more |
| 21 | Wells Fargo & Co | 72 | 0.85% | $31.1B | ACWI, AVUS, CGDV, CRBN, CWB, DFAC +66 more |
| 22 | Advanced Micro Devices Inc | 71 | 2.47% | $148.8B | ACWI, AIQ, ARKF, ARKK, ARKQ, ARKW +65 more |
| 23 | Applied Materials Inc | 71 | 1.48% | $92.9B | ACWI, AVUS, CGDV, CRBN, DFAC, DFUS +65 more |
| 24 | PepsiCo Inc | 71 | 1.00% | $32.9B | ACWI, ACWV, AVUS, CRBN, DFAC, DFUS +65 more |
| 25 | Intel Corp | 70 | 1.66% | $97.8B | ACWI, AIQ, AVUS, CGDV, CGGR, CRBN +64 more |
| 26 | Lam Research Corp | 70 | 1.53% | $91.8B | ACWI, AVUS, CRBN, DFAC, DFUS, DGRO +64 more |
| 27 | BlackRock Funds III: BlackRock Cash Funds: Institutional; SL Agency Shares | 70 | 1.69% | $20.1B | AAXJ, ACWI, ACWV, ACWX, CRBN, DSI +64 more |
| 28 | Salesforce Inc | 70 | 0.55% | $18.6B | ACWI, ACWV, AIQ, CGDV, CGGR, COWZ +64 more |
| 29 | BlackRock Funds III: BlackRock Cash Funds: Treasury; SL Agency Shares | 69 | 0.24% | $2.1B | AAXJ, ACWI, ACWV, CRBN, ECH, EEM +63 more |
| 30 | Walmart Inc | 68 | 1.76% | $72.8B | ACWI, ACWV, AVUS, CRBN, DFAC, DFUS +62 more |
| 31 | COSTCO WHOLESALE CORP | 68 | 1.49% | $61.7B | ACWI, ACWV, AVUS, CGGR, CRBN, DFAC +62 more |
| 32 | Merck & Co Inc | 68 | 1.31% | $45.2B | ACWI, ACWV, AVUS, CRBN, DFAC, DFUS +62 more |
| 33 | Analog Devices Inc | 68 | 0.77% | $36.0B | ACWI, AVUS, CRBN, DFAC, DFUS, DGRO +62 more |
| 34 | Micron Technology Inc | 67 | 3.40% | $196.9B | ACWI, AIQ, AVUS, CGGR, CRBN, DFAC +61 more |
| 35 | KLA CORP | 67 | 1.12% | $66.9B | ACWI, AVUS, CGGR, CRBN, DFAC, DFUS +61 more |
| 36 | International Business Machines Corp | 67 | 0.70% | $34.2B | ACWI, ACWV, AIQ, AVUS, CIBR, CRBN +61 more |
| 37 | Tesla Inc | 66 | 3.23% | $151.7B | ACWI, AIQ, ARKK, ARKQ, ARKW, AVUS +60 more |
| 38 | Western Digital Corp | 66 | 0.72% | $37.2B | ACWI, AVUS, CRBN, CWB, DFAC, DFUS +60 more |
| 39 | Johnson & Johnson | 65 | 1.90% | $78.6B | ACWI, ACWV, AVUS, CRBN, DFAC, DFUS +59 more |
| 40 | VISA INC | 65 | 1.52% | $71.5B | ACWI, ACWV, AVUS, BLOK, CGGR, CRBN +59 more |
| 41 | Abbott Laboratories | 65 | 0.83% | $24.4B | ACWI, ACWV, AVUS, CGDV, DFAC, DFUS +59 more |
| 42 | Bristol-Myers Squibb Co | 65 | 0.76% | $18.7B | ACWI, AVUS, COWZ, CRBN, DFAC, DFUS +59 more |
| 43 | US Bancorp | 65 | 0.55% | $12.4B | AVUS, DFAC, DFUS, DHS, DLN, DVY +59 more |
| 44 | JPMorgan Chase & Co | 63 | 2.02% | $100.0B | ACWI, AVUS, CGDV, CRBN, DFAC, DFUS +57 more |
| 45 | MASTERCARD INC | 63 | 1.16% | $53.6B | ACWI, AVUS, BLOK, CGDV, CGGR, CRBN +57 more |
| 46 | Automatic Data Processing Inc | 63 | 0.48% | $17.8B | AVUS, COWZ, CRBN, DFAC, DFUS, DGRO +57 more |
| 47 | Netflix Inc | 61 | 1.07% | $45.0B | ACWI, AIQ, ARKW, AVUS, CGGR, CRBN +55 more |
| 48 | Palo Alto Networks Inc | 61 | 1.12% | $43.6B | ACWI, ACWV, AVUS, BUG, CIBR, CRBN +55 more |
| 49 | CVS Health Corp | 61 | 0.78% | $16.2B | ACWI, DFAC, DFUS, DHS, DLN, DVY +55 more |
| 50 | Chevron Corp | 60 | 2.15% | $48.1B | ACWI, AVUS, DFAC, DFUS, DGRW, DHS +54 more |
| 51 | McDonald's Corp | 60 | 0.76% | $24.9B | ACWI, ACWV, CGDV, CRBN, DFUS, DGRO +54 more |
| 52 | American Express Co | 60 | 0.57% | $21.3B | ACWI, AVUS, CRBN, DFAC, DFUS, DGRO +54 more |
| 53 | Adobe Inc | 60 | 0.42% | $13.9B | ACWV, AIQ, COWZ, DFUS, DSI, DYNF +54 more |
| 54 | Caterpillar Inc | 59 | 1.42% | $58.8B | ACWI, ARKQ, AVUS, CGGR, CRBN, DFAC +53 more |
| 55 | Vanguard Cmt Funds-Vanguard Market Liquidity Fund | 59 | 0.85% | $56.3B | BND, BNDW, BNDX, EDV, ESGV, MGK +53 more |
| 56 | UnitedHealth Group Inc | 59 | 1.55% | $52.5B | ACWI, AVUS, CGDV, CGGR, CRBN, DFAC +53 more |
| 57 | Marvell Technology Inc | 59 | 0.83% | $43.4B | ACWI, AIQ, CRBN, DFAC, DFUS, DSI +53 more |
| 58 | Pfizer Inc | 59 | 0.90% | $18.1B | ACWI, AVUS, COWZ, CRBN, DFAC, DFUS +53 more |
| 59 | Newmont Corp | 58 | 1.39% | $17.1B | COWZ, DFAC, DFUS, DGRW, DLN, DSI +52 more |
| 60 | Comcast Corp | 58 | 0.75% | $16.7B | AVUS, CGDV, COWZ, DFAC, DHS, DLN +52 more |
| 61 | Palantir Technologies Inc | 57 | 1.03% | $42.3B | ACWI, ACWV, AIQ, ARKF, ARKK, ARKQ +51 more |
| 62 | RTX Corp | 57 | 1.12% | $33.7B | ACWI, AVUS, CGDV, DFAC, DFUS, DGRO +51 more |
| 63 | Crowdstrike Holdings Inc | 57 | 0.95% | $30.8B | ACWI, ACWV, ARKF, ARKW, BUG, CIBR +51 more |
| 64 | Lockheed Martin Corp | 57 | 0.58% | $18.3B | ACWI, ACWV, AVUS, DFAC, DFUS, DGRO +51 more |
| 65 | CAPITAL ONE FINANCIAL CO | 57 | 0.47% | $14.8B | ACWI, AVUS, DFAC, DFUS, DLN, DYNF +51 more |
| 66 | Philip Morris International Inc | 56 | 1.33% | $34.1B | ACWI, CGDV, CGGR, CRBN, DFAC, DFUS +50 more |
| 67 | Union Pacific Corp | 56 | 0.92% | $21.1B | ACWI, AVUS, CGDV, CRBN, DFAC, DFUS +50 more |
| 68 | Booking Holdings Inc | 56 | 0.65% | $20.6B | ACWI, COWZ, CRBN, DFUS, DGRW, DSI +50 more |
| 69 | Fortinet Inc | 56 | 0.71% | $18.9B | ACWV, AVUS, BUG, CIBR, DFAC, DFUS +50 more |
| 70 | Duke Energy Corp | 56 | 1.07% | $14.6B | ACWV, CWB, DFUS, DGRO, DHS, DIVO +50 more |
| 71 | NextEra Energy Inc | 55 | 1.56% | $26.6B | ACWI, CGDV, CRBN, CWB, DFUS, DGRO +49 more |
| 72 | Vertex Pharmaceuticals Inc | 55 | 0.65% | $20.6B | ACWI, ACWV, AVUS, CGDV, CGGR, DFUS +49 more |
| 73 | Altria Group Inc | 55 | 1.06% | $18.5B | CGDV, COWZ, CRBN, DFUS, DHS, DLN +49 more |
| 74 | CSX Corp | 55 | 0.61% | $13.6B | AVUS, DFAC, DFUS, DGRO, DGRW, DLN +49 more |
| 75 | Welltower Inc | 54 | 2.05% | $27.0B | ACWI, ACWV, CGGR, CRBN, DLN, DSI +48 more |
| 76 | Cummins Inc | 54 | 0.39% | $14.6B | AVUS, DFAC, DFUS, DGRO, DGRW, DLN +48 more |
| 77 | GE Vernova Inc | 53 | 1.04% | $37.5B | ACWI, AVUS, CGGR, DFUS, DLN, DYNF +47 more |
| 78 | Corning Inc | 53 | 0.45% | $23.7B | AVUS, CGDV, DFAC, DFUS, DGRW, DLN +47 more |
| 79 | Starbucks Corp | 53 | 0.45% | $17.7B | ACWI, CGDV, CRBN, DFUS, DLN, DSI +47 more |
| 80 | Uber Technologies Inc | 53 | 0.77% | $17.1B | ACWI, AIQ, AVUS, CGDV, CGGR, COWZ +47 more |
| 81 | Amphenol Corp | 52 | 0.52% | $28.2B | ACWI, ACWV, AVUS, CGGR, CRBN, DFAC +46 more |
| 82 | Deere & Co | 52 | 0.78% | $18.3B | ACWI, ARKK, ARKQ, AVUS, DFAC, DFUS +46 more |
| 83 | Cadence Design Systems Inc | 52 | 0.43% | $18.2B | AIQ, DFUS, DSI, EFIV, ESGU, ESGV +46 more |
| 84 | Datadog Inc | 52 | 0.57% | $17.1B | AIQ, ARKW, CIBR, CWB, DFUS, DYNF +46 more |
| 85 | S&P Global Inc | 52 | 0.50% | $14.4B | ACWI, COMT, DFUS, DGRO, DGRW, DSI +46 more |
| 86 | AppLovin Corp | 51 | 0.54% | $23.0B | AIQ, AVUS, CGGR, DFUS, DYNF, ESGV +45 more |
| 87 | ConocoPhillips | 51 | 1.26% | $20.9B | ACWI, AVUS, DFAC, DFUS, DGRO, DGRW +45 more |
| 88 | Synopsys Inc | 51 | 0.36% | $14.7B | AIQ, ARKQ, DSI, ESGU, ESGV, FTEC +45 more |
| 89 | Arista Networks Inc | 50 | 0.83% | $23.0B | ACWI, AVUS, CIBR, CRBN, DFUS, ESGU +44 more |
| 90 | Dell Technologies Inc | 50 | 0.41% | $15.4B | ACWI, BLOK, DFUS, DLN, DSI, DYNF +44 more |
| 91 | Intuitive Surgical Inc | 49 | 1.00% | $21.8B | ACWI, ARKQ, AVUS, BOTZ, CGGR, DFUS +43 more |
| 92 | Valero Energy Corp | 48 | 0.93% | $13.6B | COWZ, DFAC, DFUS, DGRW, DLN, DSI +42 more |
| 93 | ServiceNow Inc | 48 | 0.42% | $13.6B | ACWI, ACWV, AIQ, DFUS, DSI, DYNF +42 more |
| 94 | CME Group Inc | 48 | 0.51% | $10.6B | ACWV, BLOK, CRBN, DFUS, DGRO, DIVO +42 more |
| 95 | Berkshire Hathaway Inc | 47 | 2.16% | $95.7B | ACWI, ACWV, AVUS, CRBN, DFAC, DFUS +41 more |
| 96 | Stryker Corp | 47 | 0.65% | $13.5B | DFUS, DGRO, DGRW, EFIV, ESGU, ESGV +41 more |
| 97 | General Dynamics Corp | 47 | 0.59% | $12.5B | CGDV, COWZ, DFUS, DGRO, DLN, FIDU +41 more |
| 98 | Eli Lilly & Co | 46 | 2.96% | $112.6B | ARKG, ARKK, AVUS, CGDV, CGGR, DGRO +40 more |
| 99 | General Electric Co | 46 | 1.71% | $41.9B | ACWI, AVUS, CGDV, CGGR, CRBN, DFAC +40 more |
| 100 | Prologis Inc | 46 | 1.53% | $20.9B | ACWI, CGDV, DLN, DSI, DYNF, EFIV +40 more |
"Combined Exposure" is the sum, across every ETF that holds the stock, of that stock's weight × the fund's total net assets — a rough proxy for how much aggregate dollar exposure to that single stock sits inside ETFValuer's tracked fund universe, not a real-world total (funds outside this list, direct share ownership, and other vehicles aren't included).
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