QMAX and HTA

Question

Hi Dan, would it be good to hold these ETFS together. or would there be too much overlap?

Dan Kent · Answer

I've attached an image of the potential overlap. There is a reasonable amount of overlap here. If you own QMAX, HTA owns around 52% of the same stocks. It looks "low" at only 9 overlapping holdings but that is just because HTA is concentrated in a smaller amount of holdings.