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
134 holdings in all 2 funds| Fund | HYLS | SHYG | Positions | Holdings |
|---|---|---|---|---|
| HYLSFirst Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF | — | 15% 134 shared |
354 | as of Oct 20, 2026issuer data |
| SHYGiShares 0-5 Year High Yield Corporate Bond ETF | 15% 134 shared | — | 1,147 | as 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
15.3% common weight| Holding | HYLS | SHYG | Smallest |
|---|---|---|---|
| ECHOSTAR CORP 10.75%, due 11/30/2029 | 1.02% | 0.54% | 0.54% |
| CLOUD SOFTWARE GRP LLC 9%, due 09/30/2029 | 1.07% | 0.43% | 0.43% |
| SV RNO PROPERTY OWNER 1 5.875%, due 03/01/2031 | 0.45% | 0.38% | 0.38% |
| WULF COMPUTE LLC 7.75%, due 10/15/2030 | 0.50% | 0.37% | 0.37% |
| CENTENE CORP 4.625%, due 12/15/2029 | 0.51% | 0.36% | 0.36% |
| NEPTUNE BIDCO US INC 9.29%, due 04/15/2029 | 0.78% | 0.29% | 0.29% |
| MEDLINE BORROWER LP 5.25%, due 10/01/2029 | 0.63% | 0.28% | 0.28% |
| AMERICAN AIRLINES/AADVANTAGE LOYALTY 5.75%, due 04/20/2029 | 0.47% | 0.27% | 0.27% |
| VENTURE GLOBAL LNG INC 8.375%, due 06/01/2031 | 0.41% | 0.27% | 0.27% |
| ATHENAHEALTH GROUP INC 6.50%, due 02/15/2030 | 0.63% | 0.26% | 0.26% |
| CCO HLDGS LLC/CAP CORP 4.50%, due 08/15/2030 | 0.26% | 0.28% | 0.26% |
| EMRLD BORROWER LP/EMERALD CO-ISSUER 6.625%, due 12/15/2030 | 0.45% | 0.26% | 0.26% |
| 1011778 BC / NEW RED FIN 4%, due 10/15/2030 | 1.49% | 0.26% | 0.26% |
| SKYDANCE CORP 8.25%, due 10/15/2031 | 0.23% | 0.39% | 0.23% |
| SIRIUS XM RADIO LLC 4%, due 07/15/2028 | 0.79% | 0.23% | 0.23% |
| DAVITA INC 4.625%, due 06/01/2030 | 0.21% | 0.29% | 0.21% |
| CENTENE CORP 2.50%, due 03/01/2031 | 0.26% | 0.21% | 0.21% |
| CIPHER COMPUTE LLC 7.125%, due 11/15/2030 | 0.38% | 0.21% | 0.21% |
| CLOUD SOFTWARE GRP LLC 6.50%, due 03/31/2029 | 0.20% | 0.45% | 0.20% |
| BLACK PEARL COMPUTE LLC 6.125%, due 02/15/2031 | 0.50% | 0.19% | 0.19% |
| DIRECTV FINANCING LLC 8.875%, due 02/01/2030 | 0.20% | 0.18% | 0.18% |
| AVANTOR FUNDING INC 4.625%, due 07/15/2028 | 0.42% | 0.17% | 0.17% |
| ALBION FINANCING 1SARL / 7%, due 05/21/2030 | 0.52% | 0.17% | 0.17% |
| SIRIUS XM RADIO LLC 4.125%, due 07/01/2030 | 0.22% | 0.16% | 0.16% |
| ARDONAGH FINCO LTD 7.75%, due 02/15/2031 | 0.52% | 0.16% | 0.16% |
| NEWELL BRANDS INC 8.50%, due 06/01/2028 | 0.35% | 0.16% | 0.16% |
| FLASH COMPUTE LLC 7.25%, due 12/31/2030 | 0.28% | 0.15% | 0.15% |
| STANDARD INDUSTRIES INC 4.375%, due 07/15/2030 | 0.15% | 0.17% | 0.15% |
| FERTITTA ENTERTAINMENT 6.75%, due 1/15/2030 | 0.17% | 0.14% | 0.14% |
| CHURCHILL DOWNS INC 5.75%, due 04/01/2030 | 0.52% | 0.14% | 0.14% |
| ALLIANT HOLD / CO-ISSUER 6.75%, due 04/15/2028 | 0.92% | 0.14% | 0.14% |
| TENET HEALTHCARE CORP 6.125%, due 10/01/2028 | 0.40% | 0.13% | 0.13% |
| SMYRNA READY MIX CONCRETE 6%, due 11/01/2028 | 0.18% | 0.13% | 0.13% |
| HUB INTERNATIONAL LTD 7.25%, due 06/15/2030 | 0.13% | 0.39% | 0.13% |
| BLOCK INC 5.625%, due 08/15/2030 | 0.13% | 0.14% | 0.13% |
| BELRON UK FINANCE PLC 5.75%, due 10/15/2029 | 0.44% | 0.13% | 0.13% |
| SCIH SALT HOLDINGS INC 6.625%, due 08/15/2031 | 0.72% | 0.12% | 0.12% |
| MADISON IAQ LLC 5.875%, due 06/30/2029 | 0.60% | 0.12% | 0.12% |
| VERSANT MEDIA GROUP INC 7.25%, due 01/30/2031 | 0.31% | 0.12% | 0.12% |
| NEXSTAR MEDIA INC 4.75%, due 11/01/2028 | 0.68% | 0.12% | 0.12% |
| MERIDIAN ARC HOLDCO LLC 6.25%, due 04/30/2031 | 0.12% | 0.61% | 0.12% |
| CLARIOS GLOBAL LP/US FIN 6.75%, due 02/15/2030 | 0.54% | 0.12% | 0.12% |
| GFL ENVIRONMENTAL INC 6.75%, due 01/15/2031 | 0.27% | 0.12% | 0.12% |
| STAR PARENT INC 9%, due 10/01/2030 | 0.26% | 0.12% | 0.12% |
| AXON ENTERPRISE INC 6.125%, due 03/15/2030 | 0.18% | 0.12% | 0.12% |
| ALLIED UNIVERSAL HOLDCO 6.875%, due 06/15/2030 | 0.29% | 0.12% | 0.12% |
| DDC 01 PROPCO LLC 8.875%, due 09/30/2031 | 0.20% | 0.12% | 0.12% |
| FERTITTA ENTERTAINMENT 4.625%, due 01/15/2029 | 0.33% | 0.12% | 0.12% |
| IRON MOUNTAIN INC 7%, due 02/15/2029 | 0.31% | 0.11% | 0.11% |
| CCO HLDGS LLC/CAP CORP 7.375%, due 03/03/2031 | 0.73% | 0.11% | 0.11% |
| CLEAR CHANNEL OUTDOOR HOLDINGS 7.75%, due 04/15/2028 | 0.32% | 0.11% | 0.11% |
| SUNOCO LP 5.625%, due 03/15/2031 | 0.31% | 0.10% | 0.10% |
| ACRISURE LLC / FIN INC 7.50%, due 11/06/2030 | 0.20% | 0.10% | 0.10% |
| CLARIVATE SCIENCE HOLDINGS CORP 4.875%, due 07/01/2029 | 0.29% | 0.10% | 0.10% |
| ONEMAIN FINANCE CORP 6.625%, due 05/15/2029 | 0.10% | 0.11% | 0.10% |
| ZIGGO BV 4.875%, due 01/15/2030 | 0.51% | 0.10% | 0.10% |
| CLEAR CHANNEL OUTDOOR HOLDINGS 7.875%, due 04/01/2030 | 0.22% | 0.10% | 0.10% |
| CLARIVATE SCIENCE HOLDINGS CORP 3.875%, due 07/01/2028 | 0.19% | 0.10% | 0.10% |
| BOYD GAMING CORP 4.75%, due 06/15/2031 | 0.36% | 0.10% | 0.10% |
| MOLINA HEALTHCARE INC 4.375%, due 06/15/2028 | 0.19% | 0.10% | 0.10% |
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.