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
137 holdings in all 2 funds| Fund | CGMU | PZA | Positions | Holdings |
|---|---|---|---|---|
| CGMUCapital Group Municipal Income ETF | — | 2% 137 shared |
2,628 | as of Oct 20, 2026issuer data |
| PZAInvesco National AMT-Free Municipal Bond ETF | 2% 137 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
1.6% common weight| Holding | CGMU | PZA | Smallest |
|---|---|---|---|
| CHICAGO IL BRD OF EDU DEDICATE CHIEDU 04/46 FIXED OID 6, due Apr 15, 2046 | 0.08% | 0.09% | 0.08% |
| MET PIER EXPOSITION AUTH IL MPNFAC 12/42 FIXED 4, due Dec 15, 2042 | 0.06% | 0.05% | 0.05% |
| UTAH ST TRANSIT AUTH SALES TAX UTSTRN 12/44 FIXED 5, due Dec 15, 2044 | 0.25% | 0.03% | 0.03% |
| TRIBOROUGH NY BRIDGE TUNNEL TRBTRN 11/42 FIXED 5, due Nov 15, 2042 | 0.03% | 0.04% | 0.03% |
| ILLINOIS ST FIN AUTH REVENUE ILSGEN 11/45 FIXED 5, due Nov 15, 2045 | 0.11% | 0.03% | 0.03% |
| GEISINGER PA AUTH HLTH SYS REV GEIMED 02/45 FIXED 5, due Feb 15, 2045 | 0.07% | 0.03% | 0.03% |
| NEW YORK ST URBAN DEV CORP SAL NYSFAC 03/43 FIXED 4, due Mar 15, 2043 | 0.05% | 0.03% | 0.03% |
| GRAND PARKWAY TRANSPRTN CORP T GPTTRN 10/43 FIXED 5, due Oct 15, 2043 | 0.03% | 0.05% | 0.03% |
| TEXAS ST TRANSPRTN FIN CORP SH TTFTRN 10/45 FIXED 5, due Oct 15, 2045 | 0.03% | 0.04% | 0.03% |
| HUDSON YARDS INFRASTRUCTURE CO HUYGEN 02/42 FIXED 5, due Feb 15, 2042 | 0.03% | 0.06% | 0.03% |
| NEW YORK CITY NY MUNI WTR FIN NYCUTL 06/43 FIXED 5, due Jun 15, 2043 | 0.03% | 0.04% | 0.03% |
| BUTLER CNTY OH HOSP FACS BUTMED 11/45 FIXED 5, due Nov 15, 2045 | 0.04% | 0.03% | 0.03% |
| ILLINOIS ST ILS 04/45 FIXED 5.25, due Apr 15, 2045 | 0.14% | 0.03% | 0.03% |
| NEW YORK CITY NY TRANSITIONAL NYCGEN 11/41 FIXED 5, due Nov 15, 2041 | 0.03% | 0.03% | 0.03% |
| ILLINOIS ST FIN AUTH REVENUE ILSGEN 07/42 FIXED 5, due Jul 15, 2042 | 0.04% | 0.03% | 0.03% |
| CALIFORNIA ST HLTH FACS FING A CASMED 11/44 FIXED 4, due Nov 15, 2044 | 0.02% | 0.13% | 0.02% |
| ILLINOIS ST ILS 05/43 FIXED 5.25, due May 15, 2043 | 0.03% | 0.02% | 0.02% |
| IOWA ST FIN AUTH MIDWSTRN DISA IASGEN 08/42 FIXED 4.75, due Aug 15, 2042 | 0.05% | 0.02% | 0.02% |
| NEW YORK CITY NY TRANSITIONAL NYCGEN 11/46 FIXED 5, due Nov 15, 2046 | 0.06% | 0.02% | 0.02% |
| LOS ANGELES CA DEPT OF WTR P LOSUTL 07/44 FIXED 5, due Jul 15, 2044 | 0.06% | 0.02% | 0.02% |
| CLARK CNTY NV CLA 06/43 FIXED 5, due Jun 15, 2043 | 0.02% | 0.04% | 0.02% |
| TARRANT CNTY TX CULTURAL EDU F TAREDU 02/47 FIXED 5, due Feb 15, 2047 | 0.03% | 0.02% | 0.02% |
| LANSING MICH BRD WTR LT UTIL LANUTL 07/49 FIXED 5, due Jul 15, 2049 | 0.02% | 0.03% | 0.02% |
| NEW YORK CITY NY TRANSITIONAL NYCGEN 02/43 FIXED 5, due Feb 15, 2043 | 0.02% | 0.03% | 0.02% |
| ILLINOIS ST ILS 05/42 FIXED 5.25, due May 15, 2042 | 0.04% | 0.02% | 0.02% |
| TARRANT CNTY TX CULTURAL EDU F TAREDU 11/44 FIXED 5, due Nov 15, 2044 | 0.02% | 0.03% | 0.02% |
| TEXAS ST TXS 10/42 FIXED 5, due Oct 15, 2042 | 0.02% | 0.03% | 0.02% |
| HARRIS CNTY TX TOLL ROAD REVEN HARTRN 08/43 FIXED 5, due Aug 15, 2043 | 0.02% | 0.02% | 0.02% |
| NEW YORK ST THRUWAY AUTH PERSO NYSTRN 03/44 FIXED 5, due Mar 15, 2044 | 0.21% | 0.02% | 0.02% |
| IDAHO ST HSG FIN ASSN SALES IDSGEN 08/48 FIXED 5.25, due Aug 15, 2048 | 0.03% | 0.02% | 0.02% |
| NEW YORK CITY NY TRANSITIONAL NYCGEN 02/42 FIXED 5, due Feb 15, 2042 | 0.05% | 0.02% | 0.02% |
| TEXAS ST TRANSPRTN FIN CORP SH TTFTRN 10/44 FIXED 5, due Oct 15, 2044 | 0.02% | 0.02% | 0.02% |
| SACRAMENTO CITY CA UNIF SCH DI SACSCD 08/50 FIXED 5, due Aug 15, 2050 | 0.06% | 0.01% | 0.01% |
| ILLINOIS ST ILS 09/46 FIXED 5.25, due Sep 15, 2046 | 0.13% | 0.01% | 0.01% |
| NEW YORK CITY NY TRANSITIONAL NYCGEN 05/45 FIXED 5, due May 15, 2045 | 0.02% | 0.01% | 0.01% |
| COLORADO ST HLTH FACS AUTH REV COSMED 08/44 FIXED 4, due Aug 15, 2044 | 0.04% | 0.01% | 0.01% |
| ROCHESTER MN HLTH CARE FACS RE ROCMED 11/42 FIXED 5, due Nov 15, 2042 | 0.12% | 0.01% | 0.01% |
| NEW YORK ST DORM AUTH ST PERSO NYSHGR 03/42 FIXED 4, due Mar 15, 2042 | 0.01% | 0.04% | 0.01% |
| JEFFERSON CNTY AL SWR REVENUE JEFUTL 10/41 FIXED 5.25, due Oct 15, 2041 | 0.03% | 0.01% | 0.01% |
| ENERGY N W WA ELEC REVENUE ENEPWR 07/42 FIXED 5, due Jul 15, 2042 | 0.01% | 0.01% | 0.01% |
| MET TRANSPRTN AUTH NY REVENUE MTATRN 11/45 FIXED 4, due Nov 15, 2045 | 0.02% | 0.01% | 0.01% |
| NEW YORK CITY NY MUNI WTR FIN NYCUTL 06/42 FIXED 4, due Jun 15, 2042 | 0.01% | 0.02% | 0.01% |
| MET PIER EXPOSITION AUTH IL MPNFAC 06/42 FIXED 5, due Jun 15, 2042 | 0.06% | 0.01% | 0.01% |
| LOS ANGELES CA DEPT OF WTR P LOSUTL 07/48 FIXED 5, due Jul 15, 2048 | 0.01% | 0.03% | 0.01% |
| NEW YORK NY NYC 02/42 FIXED 5, due Feb 15, 2042 | 0.06% | 0.01% | 0.01% |
| LOUISIANA PUB FACS AUTH REVENU LASFAC 05/42 FIXED 5, due May 15, 2042 | 0.15% | 0.01% | 0.01% |
| LOUISIANA PUB FACS AUTH REVENU LASFAC 05/46 FIXED 5, due May 15, 2046 | 0.04% | 0.01% | 0.01% |
| SACRAMENTO CITY CA UNIF SCH DI SACSCD 08/50 FIXED 5, due Aug 15, 2050 | 0.05% | 0.01% | 0.01% |
| NEW YORK ST DORM AUTH ST PERSO NYSHGR 03/45 FIXED 5, due Mar 15, 2045 | 0.01% | 0.02% | 0.01% |
| NEW YORK ST DORM AUTH ST PERSO NYSHGR 03/43 FIXED 4, due Mar 15, 2043 | 0.01% | 0.01% | 0.01% |
| LOS ANGELES CA DEPT OF ARPTS A LOSAPT 05/42 FIXED 5, due May 15, 2042 | 0.04% | 0.01% | 0.01% |
| NEW YORK CITY NY TRANSITIONAL NYCGEN 05/42 FIXED 4, due May 15, 2042 | 0.06% | 0.01% | 0.01% |
| PENNSYLVANIA ST HGR EDUCTNL FA PASHGR 08/44 FIXED 4, due Aug 15, 2044 | 0.07% | 0.01% | 0.01% |
| CALIFORNIA ST UNIV REVENUE CASHGR 11/45 FIXED 5, due Nov 15, 2045 | 0.05% | 0.01% | 0.01% |
| WEST VIRGINIA ST HOSP FIN AUTH WVSMED 06/42 FIXED 5, due Jun 15, 2042 | 0.04% | 0.01% | 0.01% |
| LOS ANGELES CA UNIF SCH DIST LOSSCD 07/41 FIXED 5, due Jul 15, 2041 | 0.04% | 0.01% | 0.01% |
| CALIFORNIA ST CAS 03/42 FIXED 5, due Mar 15, 2042 | 0.03% | 0.01% | 0.01% |
| TEXAS ST TRANSPRTN FIN CORP SH TTFTRN 10/43 FIXED 5, due Oct 15, 2043 | 0.01% | 0.02% | 0.01% |
| MASSACHUSETTS ST DEV FIN AGY R MASDEV 07/45 FIXED 4, due Jul 15, 2045 | 0.01% | 0.01% | 0.01% |
| WASHINGTON ST WAS 08/43 FIXED 5, due Aug 15, 2043 | 0.14% | 0.01% | 0.01% |
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.