Loading Overlap Engine…
Dual-Fund Constituent Intersection · Capital Duplication Risk · Blended True Look-Through
Constituent-weighted capital intersection: Σ min(w_A, w_B)
100% of XLP · 100% of SPY
Holdings exclusive to XLP not tracked by SPY
Holdings exclusive to SPY not tracked by XLP
Adjust portfolio weighting between XLP and SPY to simulate effective expense drag and capital look-through.
0.091% annual asset-weighted drag
Baseline statutory dollar drag
Constituent look-through aggregate
High concentration risk: PG (Procter & Gamble Company) accounts for 10.9% of the blended portfolio look-through.
High concentration risk: COST (Costco Wholesale Corp.) accounts for 9.0% of the blended portfolio look-through.