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

19 holdings in all 2 funds
FundFMHIJMHIPositionsHoldings
FMHIFirst Trust Municipal High Income ETF —3%
19 shared
763as of Oct 20, 2026issuer data
JMHIJPMorgan High Yield Municipal ETF 3%
19 shared
— 262as of Oct 21, 2026issuer data

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

3.3% common weight
HoldingFMHIJMHISmallest
CHICAGO IL O'HARE INTL ARPT REV 5.50%, due 01/01/20510.55%0.33%0.33%
BLACK BELT ENERGY GAS DIST AL 5.50%, due 04/01/20360.31%0.69%0.31%
BUCKEYE OH TOBACCO SETTLEMENT FING AUTH 5%, due 06/01/20550.30%1.19%0.30%
MISSION TX ECON DEV CORP REVENUE Variable rate, due 08/01/20460.31%0.24%0.24%
STAMFORD CT HSG AUTH 6.50%, due 10/01/20550.22%0.33%0.22%
VIRGINIA BEACH VA DEV AUTH RSDL CARE 7%, due 09/01/20530.21%0.44%0.21%
SUFFOLK REGL OFF-TRACK BETTING CORP NY 6%, due 12/01/20530.20%0.33%0.20%
SUFFOLK REGL OFF-TRACK BETTING CORP NY 5.75%, due 12/01/20440.20%0.33%0.20%
BALDWIN CNTY AL INDL DEV AUTH Variable rate, due 03/01/20560.19%0.32%0.19%
LOUISIANA PUB FACS AUTH REVENUE 5.75%, due 09/01/20640.19%0.99%0.19%
BLACK BELT ENERGY GAS DIST AL Variable rate, due 03/01/20550.18%0.34%0.18%
MOBILE CNTY AL INDL DEV AUTH 4.75%, due 12/01/20540.17%0.86%0.17%
NATIONAL FIN AUTH NH REVENUE 5.50%, due 06/01/20500.15%0.33%0.15%
FLORIDA ST DEV FIN CORP SOL WST DISP REV Variable rate, due 10/01/20540.10%0.32%0.10%
PUERTO RICO SALES TAX FING CORP 4.329%, due 07/01/20400.10%0.29%0.10%
COLORADO ST HLTH FACS AUTH REV 5.25%, due 05/15/20480.09%0.16%0.09%
NEW HOPE CULTURAL ED FACS FIN CORP TX 5.375%, due 01/01/20550.06%0.23%0.06%
ARLINGTON TX HGR EDU FIN CORP 5.625%, due 06/15/20450.05%0.32%0.05%
PUBLIC FIN AUTH WI SPL FAC REV 5.375%, due 06/01/20460.05%0.32%0.05%

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.