# Portfolio overlap — PALAX vs IQDF

Comparing **Virtus Global Allocation Fund** (2026-03-31) and **FlexShares International Quality Dividend Index Fund** (2026-01-31).

- Shared positions: 34
- Virtus Global Allocation Fund covered by FlexShares International Quality Dividend Index Fund: 0.04842376407694834964963748832
- FlexShares International Quality Dividend Index Fund covered by Virtus Global Allocation Fund: 0.04842376407694834964963748833

## Virtus Global Allocation Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Virtus Newfleet Bond Fund | 0.181340 |  |
| Virtus Silvant Focused Growth Fund | 0.166250 |  |
| Virtus U.S. Dividend ETF | 0.112244 |  |
| Virtus Seix High Yield Fund | 0.107692 |  |
| Virtus International Dividend ETF | 0.096444 |  |
| Virtus Seix Floating Rate High Income Fund | 0.043273 |  |
| Virtus Emerging Markets Dividend ETF | 0.037095 |  |
| ELN NDX INDEX CGM 04/08/26 | 0.014326 |  |
| CITIGROUP GLOBAL MARKETS INC | 0.014121 |  |
| SOCGEN TRIPARTY TSY | 0.014043 |  |
| LYONDELLBASELL INDS CLASS A | 0.004682 |  |
| REPSOL SA | 0.004542 |  |
| BRISTOL-MYERS SQUIBB CO | 0.004405 |  |
| VERIZON COMMUNICATIONS INC | 0.003930 |  |
| EDISON INTL | 0.003927 |  |
| VALE SA | 0.003768 |  |
| COSCO SHIP HOL-H | 0.003687 | ✓ |
| PFIZER INC | 0.003580 |  |
| CAIXA SEGURIDADE | 0.003570 | ✓ |
| ALTRIA GROUP INC | 0.003294 |  |
| WH GROUP LTD | 0.003281 | ✓ |
| BANCO BPM SPA | 0.003235 | ✓ |
| CREDIT AGRICOLE | 0.003186 |  |
| PHOENIX GROUP HO | 0.003147 |  |
| BANCA MEDIOLANUM | 0.003139 | ✓ |
| OMV AG | 0.003138 |  |
| ANNALY CAPITAL MGMT INC REIT | 0.003130 |  |
| SITC | 0.003077 |  |
| BB SEGURIDADE PA | 0.003039 | ✓ |
| BANCA MONTE DEI | 0.003032 |  |
| PEKAO | 0.002975 | ✓ |
| REGIONS FINANCIAL CORP | 0.002964 |  |
| WP CAREY INC | 0.002963 |  |
| FORD MOTOR CO | 0.002919 |  |
| TSMC | 0.002904 | ✓ |
| Grupo Cibest SA (Preference) | 0.002889 | ✓ |
| PRUDENTL FINL | 0.002872 |  |
| APPLE INC | 0.002861 |  |
| BNP PARIBAS | 0.002801 | ✓ |
| NVIDIA CORP | 0.002782 |  |
| UMC | 0.002751 |  |
| SVENSKA HAN-A | 0.002647 |  |
| ORIENT OVERSEAS | 0.002494 | ✓ |
| BEST BUY CO INC | 0.002480 |  |
| TELENOR ASA | 0.002412 | ✓ |
| KOMERCNI BANKA | 0.002333 |  |
| ENDESA | 0.002256 |  |
| Novartis AG (Registered) | 0.002083 | ✓ |
| ALEXANDRIA REAL ES EQ INC REIT | 0.002063 |  |
| CROWN CASTLE INC | 0.001968 |  |

## FlexShares International Quality Dividend Index Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| TSMC | 0.033898 | ✓ |
| ROCHE HOLDINGS AG (GENUSSCHEINE) | 0.019876 |  |
| HSBC HOLDINGS PL | 0.019401 | ✓ |
| NOVO NORDISK-B | 0.018860 |  |
| ADVANTEST CORP | 0.017845 |  |
| TOKYO ELECTRON | 0.016945 |  |
| Novartis AG (Registered) | 0.013308 | ✓ |
| ENEL SPA | 0.012716 | ✓ |
| BHP GROUP LTD | 0.012681 |  |
| MEDIATEK | 0.011934 |  |
| UNICREDIT SPA | 0.011335 |  |
| Treasury Repurchase Agreement | 0.010407 |  |
| NESTLE SA (REG) | 0.010231 |  |
| ROYAL BANK OF CANADA | 0.010098 |  |
| TENCENT HOLDINGS LTD | 0.009923 |  |
| ASML Holding NV | 0.009831 | ✓ |
| CAIXABANK SA | 0.009609 |  |
| SWEDBANK AB-A | 0.009306 |  |
| RIO TINTO LTD | 0.009267 |  |
| NORDEA BANK ABP | 0.009171 |  |
| NOMURA HOLDINGS | 0.008884 | ✓ |
| DHL GROUP | 0.008804 |  |
| TORONTO-DOMINION BANK | 0.008630 | ✓ |
| GRUPO F BANORT-O | 0.008630 |  |
| TOTALENERGIES SE | 0.008533 |  |
| BANK HAPOALIM | 0.008451 | ✓ |
| BRITISH AMERICAN TOBACCO PLC | 0.008427 |  |
| DANSKE BANK A/S | 0.008367 |  |
| KBC GROUP | 0.008274 |  |
| SKANDINAVISK ENSKILDA BANKEN AB | 0.008202 |  |
| KOMATSU LTD | 0.008154 |  |
| IGM FINANCIAL IN | 0.008151 |  |
| FORTESCUE METALS | 0.008066 | ✓ |
| PTT EXPLOR & PROD PCL-NVDR DEPOSITARY RECEIPT | 0.008024 |  |
| PEKAO | 0.007990 | ✓ |
| NEW CHINA LIFE-H | 0.007892 |  |
| GRUPO AEROPORTUARIO DE SUR | 0.007870 |  |
| EQUINOR ASA | 0.007855 |  |
| SANTANDER BANK | 0.007812 |  |
| SAMSUNG ELECTRONICS CO LTD | 0.007671 |  |
| KUMBA IRON ORE L | 0.007593 |  |
| FINECOBANK SPA | 0.007575 |  |
| IMPERIAL BRANDS | 0.007562 |  |
| CAIXA SEGURIDADE | 0.007515 | ✓ |
| CHINA HONGQIAO | 0.007464 |  |
| FORTUM OYJ | 0.007403 |  |
| BB SEGURIDADE PA | 0.007400 | ✓ |
| Kone OYJ, Class B | 0.007366 |  |
| RIO TINTO PLC | 0.007342 |  |
| PZU | 0.007303 |  |


## Sources

- N-PORT (fund A) — accession `0000940400-26-022777` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1423227/000094040026022777/0000940400-26-022777-index.htm>
- N-PORT (fund B) — accession `0002071691-26-006223` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/1491978/000207169126006223/0002071691-26-006223-index.htm>

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