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
140 holdings in all 2 funds| Fund | AVMU | PZA | Positions | Holdings |
|---|---|---|---|---|
| AVMUAvantis Core Municipal Fixed Income ETF | — | 3% 140 shared |
567 | as of Oct 20, 2026issuer data |
| PZAInvesco National AMT-Free Municipal Bond ETF | 3% 140 shared | — | 6,664 | as of May 31, 2026SEC filing |
Each cell: overlap by weight, and how many positions the two funds share. Stocks, funds and bonds are compared, a bond by its own identifier and a Treasury bill by its maturity date; cash and derivatives are not, and a fund that is partly either shows how much of it is compared.
Held by both funds
2.6% common weight| Holding | AVMU | PZA | Smallest |
|---|---|---|---|
| NEW YORK ST DORM AUTH ST PERSO NYSHGR 02/47 FIXED 4, due Feb 15, 2047 | 0.11% | 0.11% | 0.11% |
| NEW YORK ST DORM AUTH REVENUES NYSHGR 07/43 FIXED 4, due Jul 1, 2043 | 0.21% | 0.07% | 0.07% |
| CALIFORNIA ST CAS 09/43 FIXED OID 4, due Sep 1, 2043 | 0.11% | 0.06% | 0.06% |
| GRAND PARKWAY TRANSPRTN CORP T GPTTRN 10/45 FIXED 4, due Oct 1, 2045 | 0.89% | 0.06% | 0.06% |
| MASSACHUSETTS ST MAS 01/49 FIXED 5, due Jan 1, 2049 | 0.27% | 0.06% | 0.06% |
| HUDSON YARDS INFRASTRUCTURE CO HUYGEN 02/44 FIXED 4, due Feb 15, 2044 | 0.33% | 0.05% | 0.05% |
| SAN ANTONIO TX PUB FACS CORP L SANFAC 09/42 FIXED OID 4, due Sep 15, 2042 | 2.02% | 0.05% | 0.05% |
| BROWARD CNTY FL ARPT SYS REVEN BROAPT 10/42 FIXED OID 4, due Oct 1, 2042 | 0.47% | 0.05% | 0.05% |
| MET PIER EXPOSITION AUTH IL MPNFAC 12/42 FIXED 4, due Dec 15, 2042 | 0.30% | 0.05% | 0.05% |
| TEXAS ST WTR DEV BRD TXSWTR 10/45 FIXED 4, due Oct 15, 2045 | 0.23% | 0.05% | 0.05% |
| NEW JERSEY ST TURNPIKE AUTH TU NJSTRN 01/43 FIXED 4, due Jan 1, 2043 | 0.11% | 0.04% | 0.04% |
| MET TRANSPRTN AUTH NY REVENUE MTATRN 11/42 FIXED 4, due Nov 15, 2042 | 0.05% | 0.04% | 0.04% |
| LAS VEGAS NV CONVENTION VISI LASGEN 07/43 FIXED 5, due Jul 1, 2043 | 0.29% | 0.04% | 0.04% |
| MASSACHUSETTS ST MAS 11/50 FIXED 5, due Nov 1, 2050 | 0.04% | 0.06% | 0.04% |
| ILLINOIS ST TOLL HIGHWAY AUTH ILSTRN 01/46 FIXED 5, due Jan 1, 2046 | 0.34% | 0.04% | 0.04% |
| ENERGY N W WA ELEC REVENUE ENEPWR 07/42 FIXED 4, due Jul 1, 2042 | 0.58% | 0.04% | 0.04% |
| ILLINOIS ST TOLL HIGHWAY AUTH ILSTRN 01/46 FIXED 4, due Jan 1, 2046 | 0.43% | 0.04% | 0.04% |
| NEW YORK ST DORM AUTH ST PERSO NYSHGR 03/42 FIXED 5, due Mar 15, 2042 | 0.33% | 0.04% | 0.04% |
| TEXAS WTR DEV BRD REVENUE TXSWTR 10/47 FIXED 4.125, due Oct 15, 2047 | 0.47% | 0.04% | 0.04% |
| NEW YORK ST DORM AUTH REVENUES NYSHGR 07/45 FIXED 4, due Jul 1, 2045 | 0.26% | 0.04% | 0.04% |
| CLARK CNTY NV CLA 06/43 FIXED 5, due Jun 1, 2043 | 0.11% | 0.04% | 0.04% |
| NEW YORK NY NYC 12/41 FIXED 5, due Dec 1, 2041 | 0.05% | 0.04% | 0.04% |
| NEW YORK NY NYC 08/41 FIXED 4, due Aug 1, 2041 | 0.21% | 0.04% | 0.04% |
| WASHINGTON DC MET AREA TRANSIT DCTGEN 07/42 FIXED 5, due Jul 1, 2042 | 0.35% | 0.04% | 0.04% |
| NEW YORK ST DORM AUTH ST PERSO NYSGEN 03/43 FIXED 4, due Mar 15, 2043 | 0.08% | 0.03% | 0.03% |
| TAMPA HILLSBOROUGH CNTY FL EXP TAMTRN 07/42 FIXED 4, due Jul 1, 2042 | 0.34% | 0.03% | 0.03% |
| WAYNE MI ST UNIV REVENUES WAYHGR 11/48 FIXED 4, due Nov 15, 2048 | 0.43% | 0.03% | 0.03% |
| MICHIGAN ST TRUNK LINE MISTRN 11/46 FIXED 4, due Nov 15, 2046 | 0.24% | 0.03% | 0.03% |
| MET PIER EXPOSITION AUTH IL MPNFAC 12/47 FIXED 4, due Dec 15, 2047 | 0.12% | 0.03% | 0.03% |
| MIAMI DADE CNTY FL EDUCTNL FAC MIAEDU 04/45 FIXED OID 4, due Apr 1, 2045 | 0.24% | 0.03% | 0.03% |
| ILLINOIS ST TOLL HIGHWAY AUTH ILSTRN 01/43 FIXED 5, due Jan 1, 2043 | 0.11% | 0.03% | 0.03% |
| NEW YORK ST URBAN DEV CORP SAL NYSFAC 03/43 FIXED 4, due Mar 15, 2043 | 0.47% | 0.03% | 0.03% |
| SWEETWATER CA UNION HIGH SCH D SWESCD 08/42 FIXED 4, due Aug 1, 2042 | 0.27% | 0.03% | 0.03% |
| HARRIS CNTY TX TOLL ROAD REVEN HARTRN 08/48 FIXED 4, due Aug 15, 2048 | 0.20% | 0.03% | 0.03% |
| MASSACHUSETTS ST MAS 11/45 FIXED 5, due Nov 1, 2045 | 0.04% | 0.03% | 0.03% |
| MICHIGAN ST UNIV REVENUES MISHGR 02/44 FIXED 4, due Feb 15, 2044 | 0.66% | 0.03% | 0.03% |
| NEW YORK CITY NY INDL DEV AGY NYCDEV 03/45 FIXED 4, due Mar 1, 2045 | 0.05% | 0.03% | 0.03% |
| MASSACHUSETTS ST DEV FIN AGY R MASDEV 01/47 FIXED 5, due Jan 1, 2047 | 0.12% | 0.03% | 0.03% |
| MASSACHUSETTS ST MAS 04/50 FIXED 5, due Apr 1, 2050 | 0.09% | 0.03% | 0.03% |
| CALIFORNIA ST PUBLIC WKS BRD L CASFAC 04/45 FIXED 5, due Apr 1, 2045 | 0.58% | 0.03% | 0.03% |
| LOS ANGELES CA DEPT OF WTR P LOSUTL 07/46 FIXED 5, due Jul 1, 2046 | 0.23% | 0.03% | 0.03% |
| WASHINGTON ST WAS 08/45 FIXED 5, due Aug 1, 2045 | 0.08% | 0.03% | 0.03% |
| OMAHA NE PUBLIC PWR DIST ELEC OMAPWR 02/49 FIXED OID 4, due Feb 1, 2049 | 0.25% | 0.02% | 0.02% |
| MASSACHUSETTS ST DEV FIN AGY R MASDEV 10/48 FIXED 5, due Oct 1, 2048 | 0.07% | 0.02% | 0.02% |
| PENNSYLVANIA ST HGR EDUCTNL FA PASHGR 02/43 FIXED 4, due Feb 15, 2043 | 0.11% | 0.02% | 0.02% |
| NTHRN IL MUNI PWR AGY PWR PROJ NORPWR 12/41 FIXED 4, due Dec 1, 2041 | 0.05% | 0.02% | 0.02% |
| N TX TOLLWAY AUTH REVENUE NRTTRN 01/44 FIXED 4, due Jan 1, 2044 | 0.26% | 0.02% | 0.02% |
| MICHIGAN ST TRUNK LINE MISTRN 11/41 FIXED 4, due Nov 15, 2041 | 0.51% | 0.02% | 0.02% |
| CONNECTICUT ST SPL TAX OBLIG R CTSGEN 05/41 FIXED 5, due May 1, 2041 | 0.13% | 0.02% | 0.02% |
| SALES TAX SECURITIZATION CORP STSGEN 01/43 FIXED 5, due Jan 1, 2043 | 0.13% | 0.02% | 0.02% |
| HONOLULU CITY CNTY HI WSTWTR HONUTL 07/42 FIXED 4, due Jul 1, 2042 | 0.09% | 0.02% | 0.02% |
| LONG ISLAND NY PWR AUTH ELEC S LSLPWR 09/42 FIXED 5, due Sep 1, 2042 | 0.12% | 0.02% | 0.02% |
| MASSACHUSETTS ST MAS 04/42 FIXED 4, due Apr 1, 2042 | 0.35% | 0.02% | 0.02% |
| NEW YORK ST URBAN DEV CORP SAL NYSFAC 03/43 FIXED 4, due Mar 15, 2043 | 0.04% | 0.02% | 0.02% |
| FLORIDA ST ATLANTIC UNIV FIN C FAUFIN 07/49 FIXED 5, due Jul 1, 2049 | 0.11% | 0.02% | 0.02% |
| LOS ANGELES CA UNIF SCH DIST LOSSCD 07/44 FIXED 5, due Jul 1, 2044 | 0.29% | 0.02% | 0.02% |
| CALIFORNIA ST ENTERPRISE DEV A CASFAC 11/49 FIXED 5.25, due Nov 1, 2049 | 0.10% | 0.02% | 0.02% |
| TEXAS WTR DEV BRD REVENUE TXSWTR 10/45 FIXED 4.5, due Oct 15, 2045 | 0.07% | 0.02% | 0.02% |
| TEXAS ST WTR DEV BRD TXSWTR 10/41 FIXED 4, due Oct 15, 2041 | 0.35% | 0.02% | 0.02% |
| CENTRL FL EXPRESSWAY AUTH SR L ORLTRN 07/41 FIXED 4, due Jul 1, 2041 | 0.07% | 0.02% | 0.02% |
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.
Bond funds are matched issue by issue: two Treasury funds overlap only where they hold the same bill, note or bond. A fund of short-dated bills replaces its whole portfolio every few months, so holdings from an older filing may have matured; the table says when they have.
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.