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
68 holdings in all 2 funds| Fund | FMB | PZA | Positions | Holdings |
|---|---|---|---|---|
| FMBFirst Trust Managed Municipal ETF | — | 1% 68 shared |
1,245 | as of Oct 20, 2026issuer data |
| PZAInvesco National AMT-Free Municipal Bond ETF | 1% 68 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
1.0% common weight| Holding | FMB | PZA | Smallest |
|---|---|---|---|
| COLORADO ST HLTH FACS AUTH REV 5%, due 08/01/2044 | 0.39% | 0.08% | 0.08% |
| NEW JERSEY ST TRANSPRTN TRUST FUND AUTH 5.25%, due 06/15/2050 | 0.16% | 0.05% | 0.05% |
| ILLINOIS ST 5.50%, due 03/01/2047 | 0.09% | 0.05% | 0.05% |
| HILLSBOROUGH CNTY FLA INDL DEV AUTH 5.25%, due 11/15/2049 | 0.10% | 0.04% | 0.04% |
| MICHIGAN ST FIN AUTH REVENUE 4%, due 02/15/2044 | 0.10% | 0.04% | 0.04% |
| ILLINOIS ST 5.50%, due 03/01/2042 | 0.18% | 0.04% | 0.04% |
| SALT RIVER AZ PROJ AGRIC IMPT & PWR DIST 5%, due 01/01/2051 | 0.08% | 0.04% | 0.04% |
| COLORADO ST HLTH FACS AUTH REV 4%, due 08/01/2049 | 0.07% | 0.04% | 0.04% |
| GEISINGER PA AUTH HLTH SYS REV 4%, due 02/15/2047 | 0.08% | 0.03% | 0.03% |
| MISSOURI ST HLTH & EDUCTNL FACS AUTH 4%, due 05/15/2048 | 0.07% | 0.03% | 0.03% |
| IDAHO ST HSG & FIN ASSN SALES TAX REV 5%, due 08/15/2048 | 0.10% | 0.03% | 0.03% |
| NEW JERSEY ST TRANSPRTN TRUST FUND AUTH 5.25%, due 06/15/2041 | 0.05% | 0.03% | 0.03% |
| SAN ANTONIO TX ELEC & GAS REV 5.25%, due 02/01/2049 | 0.06% | 0.03% | 0.03% |
| E BATON ROUGE PARISH LA SWR COMMN REV 4%, due 02/01/2045 | 0.30% | 0.03% | 0.03% |
| VIRGINIA ST SMALL BUSINESS FING AUTH 5%, due 10/01/2041 | 0.10% | 0.03% | 0.03% |
| TARRANT CNTY TX CULTURAL EDU fACS FIN CORP 5%, due 11/15/2044 | 0.16% | 0.03% | 0.03% |
| TROY MI CITY SCH DIST 5%, due 05/01/2047 | 0.20% | 0.03% | 0.03% |
| UNIV OF TEXAS TX UNIV REVENUES 5%, due 08/15/2043 | 0.32% | 0.02% | 0.02% |
| NEW YORK NY 5.25%, due 09/01/2045 | 0.16% | 0.02% | 0.02% |
| JEFFERSON CNTY AL SWR REVENUE 5.25%, due 10/01/2042 | 0.16% | 0.02% | 0.02% |
| CHATTANOOGA TN HLTH EDUCTNL & HSG FAC BRD 5.25%, due 12/01/2049 | 0.22% | 0.01% | 0.01% |
| LEXINGTON CNTY SC HLTH SVCS DIST 5%, due 11/01/2041 | 0.05% | 0.01% | 0.01% |
| SALES TAX SECURITIZATION CORP IL 5.25%, due 01/01/2043 | 0.05% | 0.01% | 0.01% |
| ROCHESTER MN HLTH CARE FACS REV 5%, due 11/15/2042 | 0.05% | 0.01% | 0.01% |
| DISTRICT OF COLUMBIA HOSP REVENUE 4%, due 07/15/2040 | 0.02% | 0.01% | 0.01% |
| COLORADO ST HLTH FACS AUTH REV 5%, due 05/15/2045 | 0.04% | 0.01% | 0.01% |
| CHERRY CREEK CO SCH DIST #5 5.25%, due 12/15/2043 | 0.12% | 0.01% | 0.01% |
| COLORADO ST HLTH FACS AUTH REV 5%, due 05/15/2044 | 0.15% | 0.01% | 0.01% |
| YUMA AZ INDL DEV AUTH HOSP REV 5.25%, due 08/01/2049 | 0.11% | 0.01% | 0.01% |
| NEW YORK ST THRUWAY AUTH GEN REV 4%, due 01/01/2045 | 0.01% | 0.06% | 0.01% |
| WILLIAMSBURG VA ECON DEV AUTH 5.25%, due 07/01/2053 | 0.05% | 0.01% | 0.01% |
| PUTNAM CNTY FL DEV AUTH 5%, due 03/15/2042 | 0.12% | 0.01% | 0.01% |
| SAINT PAUL MN HSG & REDEV AUTH 4%, due 11/15/2043 | 0.01% | 0.01% | 0.01% |
| MET GOVT NASHVILLE & DAVIDSON CNTY TN 5.25%, due 05/01/2048 | 0.05% | 0.01% | 0.01% |
| TARRANT CNTY TX CULTURAL EDU FACS FIN CORP 5.25%, due 12/01/2049 | 0.34% | 0.01% | 0.01% |
| TEXAS ST TRANSPRTN COMMN CENTRAL TX TPK SYS 5%, due 08/15/2042 | 0.09% | 0.01% | 0.01% |
| NORTHERN INDIANA COMMUTER TRANSPRTN DIST 5.25%, due 01/01/2049 | 0.13% | 0.01% | 0.01% |
| KENTUCKY ST ECON DEV FIN AUTH 5%, due 08/15/2046 | 0.15% | 0.01% | 0.01% |
| PENNSYLVANIA ST TURNPIKE COMMN TPK REV 4%, due 12/01/2045 | 0.20% | 0.01% | 0.01% |
| ILLINOIS ST 5.25%, due 05/01/2045 | 0.05% | 0.01% | 0.01% |
| NEW YORK NY 5%, due 03/01/2042 | 0.32% | 0.01% | 0.01% |
| MISSOURI ST HLTH & EDUCTNL FACS AUTH 4%, due 07/01/2046 | 0.04% | 0.01% | 0.01% |
| MASSACHUSETTS ST 5%, due 12/01/2043 | 0.05% | 0.01% | 0.01% |
| MIAMI-DADE CNTY FL EDUCTNL FACS AUTH 5%, due 04/01/2043 | 0.08% | 0.01% | 0.01% |
| NEW JERSEY ST TRANSPRTN TRUST 5%, due 06/15/2044 | 0.06% | 0.01% | 0.01% |
| TEXAS ST TRANSPRTN COMMISSION 5%, due 08/15/2041 | 0.08% | 0.00% | 0.00% |
| SOUTH CAROLINA ST JOBS-ECON DEV AUTH 5.25%, due 11/01/2043 | 0.08% | 0.00% | 0.00% |
| LAFAYETTE LA UTILITIES REVENUE 5%, due 11/01/2046 | 0.11% | 0.00% | 0.00% |
| ISLE OF WIGHT CNTY VA ECON DEV 5.25%, due 07/01/2043 | 0.28% | 0.00% | 0.00% |
| HOMEWOOD AL EDUCTNL BLDG AUTH 5.50%, due 10/01/2049 | 0.13% | 0.00% | 0.00% |
| NEW JERSEY ST TRANSPRTN TRUST FUND AUTH 5%, due 06/15/2045 | 0.09% | 0.00% | 0.00% |
| HAMILTON CNTY OH HOSP FACS REV 4%, due 09/15/2050 | 0.04% | 0.00% | 0.00% |
| SOUTH CAROLINA ST JOBS-ECON DEV AUTH 5.25%, due 11/01/2041 | 0.05% | 0.00% | 0.00% |
| ARIZONA ST INDL DEV AUTH NATL CHRT SCH 5%, due 11/01/2049 | 0.06% | 0.00% | 0.00% |
| LEE CNTY FL INDL DEV AUTH HOSP REV 5%, due 04/01/2044 | 0.14% | 0.00% | 0.00% |
| LOUISVILLE & JEFFERSON CNTY KY MET GOVT HLTH SYS 5%, due 10/01/2041 | 0.05% | 0.00% | 0.00% |
| NEW YORK ST DORM AUTH ST PERSONAL INC TAX 5.25%, due 03/15/2046 | 0.08% | 0.00% | 0.00% |
| NEW JERSEY ST ECON DEV AUTH REV 5%, due 06/15/2044 | 0.21% | 0.00% | 0.00% |
| COLORADO SPRINGS CO SCH DIST 11 CTFS PARTN 5.25%, due 12/15/2048 | 0.05% | 0.00% | 0.00% |
| MIAMI-DADE CNTY FL EDUCTNL FACS AUTH 5%, due 04/01/2044 | 0.05% | 0.00% | 0.00% |
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.