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

36 holdings in all 2 funds
FundFMHISHYMPositionsHoldings
FMHIFirst Trust Municipal High Income ETF —5%
36 shared
763as of Oct 20, 2026issuer data
SHYMiShares Short Duration High Yield Muni Active ETF 5%
36 shared
— 541as of Oct 20, 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

4.8% common weight
HoldingFMHISHYMSmallest
PUB FIN AUTH WI TAX INCREMENT REV 5%, due 06/01/20410.38%0.65%0.38%
NEW YORK ST TRANSPRTN DEV CORP 5.25%, due 08/01/20310.32%0.89%0.32%
BLACK BELT ENERGY GAS DIST AL 5%, due 12/01/20340.30%1.11%0.30%
ARKANSAS ST DEV FIN AUTH CHRT SCH REV 5%, due 07/01/20360.30%0.42%0.30%
NATIONAL FIN AUTH NH SPL REVENUE 0%, due 12/15/20340.28%0.63%0.28%
PUERTO RICO CMWLTH 4%, due 07/01/20350.29%0.27%0.27%
MISSION TX ECON DEV CORP REVENUE Variable rate, due 08/01/20460.31%0.22%0.22%
NATIONAL FIN AUTH NH SPL REVENUE 6.50%, due 12/01/20340.20%0.33%0.20%
BALDWIN CNTY AL INDL DEV AUTH Variable rate, due 03/01/20560.19%0.67%0.19%
BRIGHTSHORE CDD FL CAPITAL IMPT REVENUE 5.30%, due 05/01/20460.16%0.18%0.16%
PUBLIC FIN AUTH WI REVENUE 0%, due 12/15/20360.15%0.33%0.15%
HOUSTON TX ARPT SYS REVENUE 5.50%, due 07/15/20350.15%0.23%0.15%
NATIONAL FIN AUTH NH SPL REVENUE 0%, due 12/15/20330.12%0.17%0.12%
NEW YORK ST TRANSPRTN DEV CORP 5%, due 10/01/20400.12%0.25%0.12%
NATIONAL FIN AUTH NH SPL REVENUE 5.875%, due 12/15/20330.12%0.15%0.12%
ARKANSAS ST DEV FIN AUTH INDL DEV REV 7%, due 07/01/20480.21%0.12%0.12%
NATIONAL FIN AUTH NH SPL REVENUE 0%, due 12/15/20410.12%0.12%0.12%
BUILD NYC RESOURCE CORP NY REV 6.50%, due 12/15/20450.14%0.11%0.11%
NATIONAL FIN AUTH NH SPL REVENUE 6.40%, due 12/01/20370.10%0.13%0.10%
NATIONAL FIN AUTH NH SPL REVENUE 6.125%, due 12/15/20350.10%0.11%0.10%
ARKANSAS ST DEV FIN AUTH INDL DEV REV Variable rate, due 07/01/20560.10%0.49%0.10%
FLORIDA ST DEV FIN CORP SOL WST DISP REV Variable rate, due 10/01/20540.10%0.32%0.10%
CALIFORNIA ST MUNI FIN AUTH SPL FAC REV N/C, 4%, due 07/15/20290.10%0.80%0.10%
ANNA TX SPL ASSMNT REVENUE 5.35%, due 09/15/20460.09%0.10%0.09%
NATIONAL FIN AUTH NH SPL REVENUE 0%, due 12/15/20330.09%0.13%0.09%
THOMPSON CROSSING MET DIST 4 CO 5%, due 12/01/20390.09%0.10%0.09%
PUBLIC FIN AUTH WI REVENUE 0%, due 12/15/20370.14%0.08%0.08%
HENDERSON KY EXEMPT FACS REV 4.70%, due 01/01/20520.17%0.06%0.06%
BABCOCK RANCH CMNTY INDEP SPL DIST FL 5%, due 05/01/20420.06%0.11%0.06%
KENTUCKY ST PUBLIC ENERGY AUTH Variable rate, due 02/01/20500.25%0.06%0.06%
COOK CNTY IL MF HSG REVENUE 6.50%, due 01/01/20450.14%0.04%0.04%
PORT OF GTR CINCINNATI DEV AUTH OH 3.75%, due 12/01/20310.03%0.03%0.03%
PENNSYLVANIA ST ECON DEV FING AUTH Variable rate, due 12/01/20370.18%0.03%0.03%
SUFFOLK REGL OFF-TRACK BETTING CORP NY 5.75%, due 12/01/20440.20%0.02%0.02%
SUFFOLK REGL OFF-TRACK BETTING CORP NY 6%, due 12/01/20530.20%0.02%0.02%
ATLANTA GA DEV AUTH 5%, due 04/01/20340.05%0.02%0.02%

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.