# Portfolio overlap — VALAX vs ILCV

Comparing **Al Frank Fund** (2026-03-31) and **iShares Morningstar Value ETF** (2026-01-31).

- Shared positions: 50
- Al Frank Fund covered by iShares Morningstar Value ETF: 0.2880549463552929422482321031
- iShares Morningstar Value ETF covered by Al Frank Fund: 0.2880549463552929422482321030

## Al Frank Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| MONEYMKT | 0.049021 |  |
| JPMORGAN CHASE and CO | 0.026788 | ✓ |
| ALPHABET INC CL C | 0.026124 | ✓ |
| GOLDMAN SACHS GROUP INC | 0.025589 | ✓ |
| CORNING INC | 0.024765 |  |
| CUMMINS INC | 0.024498 | ✓ |
| EXXON MOBIL CORP | 0.024279 | ✓ |
| APPLE INC | 0.023442 | ✓ |
| LAM RESEARCH CORP | 0.022237 |  |
| GENERAL MOTORS CO | 0.021807 | ✓ |
| EOG RESOURCES INC | 0.021629 | ✓ |
| SEAGATE TECHNOLO | 0.019877 |  |
| FIFTH THIRD BANCORP | 0.019342 | ✓ |
| CAPITAL ONE FINANCIAL CORP | 0.018987 | ✓ |
| Total S.A. | 0.018938 |  |
| COHU INC | 0.018914 |  |
| CISCO SYSTEMS INC | 0.018170 | ✓ |
| LOCKHEED MARTIN CORP | 0.018085 | ✓ |
| JOHNSON&JOHNSON | 0.017808 | ✓ |
| BANK OF AMERICA CORPORATION | 0.017758 | ✓ |
| CATERPILLAR INC | 0.017512 | ✓ |
| INTL BUS MACH CORP | 0.017344 | ✓ |
| EATON CORP PLC | 0.016286 |  |
| PNC FINANCIAL SERVICES GRP INC | 0.016243 | ✓ |
| NORFOLK SOUTHERN CORP | 0.015868 | ✓ |
| MICROSOFT CORP | 0.015651 | ✓ |
| ENERSYS INC | 0.014690 |  |
| PRUDENTL FINL | 0.014615 | ✓ |
| BRISTOL-MYERS SQUIBB CO | 0.014593 | ✓ |
| METLIFE INC | 0.014261 | ✓ |
| NEWMONT CORP | 0.014083 | ✓ |
| FEDEX CORP | 0.013901 | ✓ |
| AMGEN INC | 0.013732 | ✓ |
| META PLATFORMS INC CL A | 0.013584 |  |
| INTEL CORP | 0.013500 | ✓ |
| NETAPP INC | 0.013321 | ✓ |
| TRUIST FINL CORP | 0.013157 | ✓ |
| DIGITAL REALTY TRUST INC | 0.012895 | ✓ |
| CARDINAL HEALTH INC | 0.011821 | ✓ |
| KIMCO REALTY CORPORATION | 0.011693 | ✓ |
| BENCHMARK ELECTRONICS INC | 0.011304 |  |
| WALT DISNEY CO/T | 0.011285 | ✓ |
| ALBEMARLE CORP | 0.011211 |  |
| MERCK & CO | 0.010954 | ✓ |
| AMAZON.COM INC | 0.010838 | ✓ |
| DEERE & CO | 0.010641 | ✓ |
| ABBOTT LABS | 0.010352 | ✓ |
| CVS HEALTH CORP | 0.010278 | ✓ |
| ARCHER DANIELS MIDLAND CO | 0.010166 | ✓ |
| ORACLE CORP | 0.010143 |  |

## iShares Morningstar Value ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| APPLE INC | 0.062006 | ✓ |
| MICROSOFT CORP | 0.055740 | ✓ |
| BERKSHIRE HATH-B | 0.028464 |  |
| JPMORGAN CHASE and CO | 0.027058 | ✓ |
| AMAZON.COM INC | 0.024099 | ✓ |
| ALPHABET INC CL A | 0.019625 |  |
| EXXON MOBIL CORP | 0.019182 | ✓ |
| JOHNSON&JOHNSON | 0.017616 | ✓ |
| ALPHABET INC CL C | 0.017102 | ✓ |
| TESLA INC | 0.017002 |  |
| ABBVIE INC | 0.012679 |  |
| HOME DEPOT INC | 0.011990 |  |
| PROCTER & GAMBLE | 0.011460 |  |
| BANK OF AMERICA CORPORATION | 0.011447 | ✓ |
| NETFLIX INC | 0.011424 |  |
| WALMART INC | 0.011395 |  |
| CHEVRON CORP | 0.010623 |  |
| CISCO SYSTEMS INC | 0.009987 | ✓ |
| CATERPILLAR INC | 0.009956 | ✓ |
| COCA-COLA CO/THE | 0.009414 |  |
| INTL BUS MACH CORP | 0.009199 | ✓ |
| WELLS FARGO & CO | 0.009147 |  |
| GOLDMAN SACHS GROUP INC | 0.009035 | ✓ |
| PHILIP MORRIS INTL INC | 0.008989 |  |
| MERCK & CO | 0.008815 | ✓ |
| RTX CORP | 0.008663 |  |
| UNITEDHEALTH GRP | 0.008373 |  |
| MCDONALDS CORP | 0.007274 |  |
| MORGAN STANLEY | 0.007267 |  |
| VISA INC-CLASS A | 0.007129 |  |
| THERMO FISHER SCIENTIFIC INC | 0.007028 |  |
| LINDE PLC | 0.006921 |  |
| PEPSICO INC | 0.006779 |  |
| CITIGROUP INC | 0.006661 |  |
| WALT DISNEY CO/T | 0.006537 | ✓ |
| INTEL CORP | 0.006474 | ✓ |
| TEXAS INSTRUMENTS INC | 0.006302 |  |
| MICRON TECHNOLOGY INC | 0.006238 |  |
| ABBOTT LABS | 0.006124 | ✓ |
| VERIZON COMMUNICATIONS INC | 0.006042 | ✓ |
| AT&T INC | 0.006032 |  |
| COSTCO WHOLESALE CORP | 0.005997 |  |
| AMGEN INC | 0.005916 | ✓ |
| NEXTERA ENERGY INC | 0.005887 |  |
| BOEING CO/THE | 0.005848 |  |
| GILEAD SCIENCES INC | 0.005695 |  |
| APPLIED MATERIALS INC | 0.005430 |  |
| QUALCOMM INC | 0.005304 | ✓ |
| ACCENTURE PLC CL A | 0.005280 |  |
| THE BOOKING HOLDINGS INC | 0.005210 |  |


## Sources

- N-PORT (fund A) — accession `0000910472-26-007587` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1518042/000091047226007587/0000910472-26-007587-index.htm>
- N-PORT (fund B) — accession `0000940400-26-011796` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/1100663/000094040026011796/0000940400-26-011796-index.htm>

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_Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._

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