ETF Overlap Tool
Enter up to six ETFs to see how much of each is the same securities. Overlap by weight is the sum, over every holding two funds share, of the smaller of the two weights: 100% means identical portfolios, 0% means nothing in common.
Overlap by weight
34 holdings in all 2 funds| Fund | AFDM | GCOW | Positions | Holdings |
|---|---|---|---|---|
| AFDMFirst Trust Exchange-Traded Fund III First Trust Active Factor International ETF | — | 26% 34 shared |
147 | as of Apr 30, 2026SEC filing |
| GCOWPacer Global Cash Cows Dividend ETF | 26% 34 shared | — | 101 | as of Apr 30, 2026SEC filing |
Each cell: overlap by weight, and how many positions the two funds share. Equity, preferred and fund holdings are compared; cash and derivatives are not.
Held by both funds
25.8% common weight| Holding | AFDM | GCOW | Smallest |
|---|---|---|---|
| SHELL PLC | 2.24% | 2.15% | 2.15% |
| NOVARTIS AG | 2.04% | 1.94% | 1.94% |
| TOTALENERGIES SE | 1.92% | 2.48% | 1.92% |
| BP PLC | 1.61% | 2.30% | 1.61% |
| RIO TINTO PLC | 1.18% | 2.38% | 1.18% |
| BRITISH AMERICAN TOBACCO PLC | 1.08% | 1.80% | 1.08% |
| BHP GROUP LTD | 1.08% | 2.27% | 1.08% |
| CNQ | 1.03% | 2.02% | 1.03% |
| ENI SPA | 0.95% | 2.11% | 0.95% |
| UNILEVER PLC | 0.92% | 1.70% | 0.92% |
| VINCI SA | 0.88% | 1.31% | 0.88% |
| JAPAN TOBACCO INC | 0.85% | 1.02% | 0.85% |
| NESTLE' CAPITAL MARKETS SA | 0.81% | 1.81% | 0.81% |
| DHL GROUP | 0.76% | 1.06% | 0.76% |
| EQUINOR ASA | 0.72% | 2.56% | 0.72% |
| IMPERIAL BRANDS PLC | 0.81% | 0.72% | 0.72% |
| SU | 0.69% | 1.29% | 0.69% |
| ENDESA SA - EMPRESA NACIONAL ELECTRICIDAD | 0.92% | 0.64% | 0.64% |
| RECKITT BENCKISER GROUP PLC | 1.04% | 0.59% | 0.59% |
| TAKEDA PHARMACEUTICAL COMPANY LTD | 0.54% | 1.05% | 0.54% |
| MERCEDES-BENZ GROUP AG | 0.53% | 1.42% | 0.53% |
| CK HUTCHISON HOLDINGS LTD | 0.70% | 0.53% | 0.53% |
| KDDI CORP | 0.52% | 0.80% | 0.52% |
| FORTESCUE LTD | 0.48% | 0.89% | 0.48% |
| NIPPON YUSEN KABUSHIKI KAISHA | 0.57% | 0.43% | 0.43% |
| NOVO NORDISK A/S | 0.39% | 1.55% | 0.39% |
| A.P. MOLLER-MAERSK A/S | 0.38% | 1.17% | 0.38% |
| KUEHNE & NAGEL INTERNATIONAL AG | 0.35% | 0.53% | 0.35% |
| SOFTBANK CORP | 0.33% | 1.19% | 0.33% |
| COLES GROUP LTD | 0.51% | 0.28% | 0.28% |
| ORIENT OVERSEAS (INTERNATIONAL) LTD | 0.18% | 0.58% | 0.18% |
| SANOFI SA | 0.15% | 1.66% | 0.15% |
| JB HI-FI LTD | 0.48% | 0.10% | 0.10% |
| GSK PLC | 0.04% | 1.55% | 0.04% |
Reading overlap
Two funds with 80% overlap move together and holding both mostly doubles one exposure and both fees. Low overlap is not the same as diversification: two funds can share no holdings and still be driven by the same factor. To see what a whole portfolio owns, use the portfolio x-ray.
Holdings come from each issuer's daily file where we have one and otherwise from the fund's latest SEC filing, so the two sides of a comparison can be from different dates. The table shows each fund's date.
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.