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
26 holdings in all 2 funds| Fund | FMHI | HTAX | Positions | Holdings |
|---|---|---|---|---|
| FMHIFirst Trust Municipal High Income ETF | — | 5% 26 shared |
763 | as of Oct 20, 2026issuer data |
| HTAXNomura National High-Yield Municipal Bond ETF | 5% 26 shared | — | 215 | as of Jun 30, 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
5.0% common weight| Holding | FMHI | HTAX | Smallest |
|---|---|---|---|
| MOBILE CNTY AL INDL DEV AUTH SOL WST DISP 5%, due 06/01/2054 | 0.45% | 0.52% | 0.45% |
| ARKANSAS DEV FIN AUTH ENVIRONMENTAL REV 5.45%, due 09/01/2052 | 0.38% | 0.44% | 0.38% |
| PUB FIN AUTH WI TAX INCREMENT REV 5%, due 06/01/2041 | 0.38% | 0.44% | 0.38% |
| AEROTROPOLIS REGL TRANPRTN AUTH CO 5.50%, due 12/01/2044 | 0.32% | 0.88% | 0.32% |
| TULSA OK MUNI ARPT TRUST TTEES 6.25%, due 12/01/2040 | 0.32% | 0.46% | 0.32% |
| MARICOPA CNTY INDL DEV AUTH 4%, due 10/15/2047 | 0.32% | 0.76% | 0.32% |
| BUCKEYE OH TOBACCO SETTLEMENT FING AUTH 5%, due 06/01/2055 | 0.30% | 1.01% | 0.30% |
| WYANDOTTE CNTY KS KANSAS CITY UNIF GOVT 5.50%, due 03/01/2046 | 0.23% | 0.43% | 0.23% |
| NEW YORK ST TRANSPRTN DEV CORP 4.375%, due 10/01/2045 | 0.22% | 0.79% | 0.22% |
| BLACK BELT ENERGY GAS DIST AL 5%, due 10/01/2035 | 0.20% | 0.90% | 0.20% |
| BLACK DESERT PUB INFRASTRUCTURE DIST UT 5.625%, due 12/01/2053 | 0.19% | 0.26% | 0.19% |
| LOUISIANA PUB FACS AUTH REVENUE 6%, due 06/15/2059 | 0.19% | 0.17% | 0.17% |
| CLACKAMAS CNTY OR HOSP FAC AUTH 5.375%, due 11/15/2055 | 0.29% | 0.17% | 0.17% |
| MOBILE CNTY AL INDL DEV AUTH 4.75%, due 12/01/2054 | 0.17% | 0.73% | 0.17% |
| MASSACHUSETTS ST DEV FIN AGY 6.50%, due 07/15/2060 | 0.14% | 0.35% | 0.14% |
| UTAH CITY WEST PUBLIC INFRASTR DIST 1 UT 5.875%, due 12/01/2055 | 0.12% | 0.35% | 0.12% |
| NEW YORK ST TRANSPRTN DEV CORP 6%, due 06/30/2054 | 0.10% | 0.45% | 0.10% |
| CALIFORNIA ST MUNI FIN AUTH CHRT SCH 5%, due 07/01/2038 | 0.10% | 0.52% | 0.10% |
| CONNECTICUT ST HLTH & EDUCTNL FACS AUTH 6.25%, due 12/15/2053 | 0.10% | 0.52% | 0.10% |
| ARKANSAS ST DEV FIN AUTH INDL DEV REV Variable rate, due 07/01/2056 | 0.10% | 0.45% | 0.10% |
| MONTGOMERY CNTY PA INDL DEV AUTH 5%, due 12/01/2046 | 0.10% | 0.26% | 0.10% |
| ARKANSAS DEV FIN AUTH ENVIRONMENTAL REV 5.70%, due 05/01/2053 | 0.10% | 0.53% | 0.10% |
| ARIZONA ST INDL DEV AUTH EDU REV 5.50%, due 07/01/2056 | 0.09% | 0.42% | 0.09% |
| HOUSTON TX ARPT SYS REVENUE 4%, due 07/15/2041 | 0.09% | 0.57% | 0.09% |
| PUBLIC FIN AUTH WI EDU REVENUE 5.50%, due 10/01/2046 | 0.09% | 0.34% | 0.09% |
| APPLE VY MN SENIOR HSG REVENUE 5%, due 09/01/2043 | 0.09% | 0.51% | 0.09% |
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.