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
16 holdings in all 2 funds| Fund | FMHI | MINO | Positions | Holdings |
|---|---|---|---|---|
| FMHIFirst Trust Municipal High Income ETF | — | 1% 16 shared |
764 | as of Oct 16, 2026issuer data |
| MINOPIMCO Municipal Income Opportunities Active ETF | 1% 16 shared | — | 567 | as of Oct 16, 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
1.3% common weight| Holding | FMHI | MINO | Smallest |
|---|---|---|---|
| BUCKEYE OH TOBACCO SETTLEMENT FING AUTH 5%, due 06/01/2055 | 0.30% | 0.53% | 0.30% |
| BLACK BELT ENERGY GAS DIST AL Variable rate, due 03/01/2055 | 0.18% | 0.92% | 0.18% |
| HOUSTON TX ARPT SYS REVENUE 5.50%, due 07/15/2035 | 0.15% | 0.18% | 0.15% |
| WEST VIRGINIA ST ECON DEV AUTH Variable rate, due 01/01/2055 | 0.10% | 0.15% | 0.10% |
| TOBACCO SETTLEMENT FING CORP RI 5%, due 06/01/2040 | 0.25% | 0.09% | 0.09% |
| CLEVELAND-CUYAHOGA CNTY OH PORT AUTH MF HSG REV 6.625%, due 01/01/2046 | 0.25% | 0.07% | 0.07% |
| PUERTO RICO SALES TAX FING CORP 4.329%, due 07/01/2040 | 0.55% | 0.07% | 0.07% |
| SAN JOAQUIN VLY CLEAN ENERGY AUTH CA Variable rate, due 01/01/2056 | 0.16% | 0.06% | 0.06% |
| ENERGY S E AL A COOPERATIVE DIST 5%, due 11/01/2035 | 0.13% | 0.06% | 0.06% |
| COLUMBIA CNTY GA HOSP AUTH 5.75%, due 04/01/2053 | 0.12% | 0.06% | 0.06% |
| MOBILE CNTY AL INDL DEV AUTH SOL WST DISP 5%, due 06/01/2054 | 0.45% | 0.05% | 0.05% |
| SOUTHEAST ENERGY AUTH COOPERATIVE DIST AL 5%, due 11/01/2035 | 0.05% | 0.16% | 0.05% |
| GEISINGER PA AUTH HLTH SYS REV 4%, due 02/15/2047 | 0.21% | 0.04% | 0.04% |
| PENNSYLVANIA ST ECON DEV FING AUTH 5.25%, due 06/30/2053 | 0.51% | 0.03% | 0.03% |
| PUBLIC FIN AUTH WI STUDENT HSG 5.25%, due 06/15/2050 | 0.07% | 0.03% | 0.03% |
| BLACK BELT ENERGY GAS DIST AL 5%, due 10/01/2035 | 0.20% | 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.