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
301 holdings in all 2 funds| Fund | HYLS | USHY | Positions | Holdings |
|---|---|---|---|---|
| HYLSFirst Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF | — | 21% 301 shared |
354 | as of Oct 20, 2026issuer data |
| USHYiShares Broad USD High Yield Corporate Bond ETF | 21% 301 shared | — | 1,895 | 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
21.3% common weight| Holding | HYLS | USHY | Smallest |
|---|---|---|---|
| ECHOSTAR CORP 10.75%, due 11/30/2029 | 1.02% | 0.41% | 0.41% |
| CLOUD SOFTWARE GRP LLC 9%, due 09/30/2029 | 1.07% | 0.26% | 0.26% |
| SV RNO PROPERTY OWNER 1 5.875%, due 03/01/2031 | 0.45% | 0.25% | 0.25% |
| WULF COMPUTE LLC 7.75%, due 10/15/2030 | 0.50% | 0.24% | 0.24% |
| CENTENE CORP 4.625%, due 12/15/2029 | 0.51% | 0.23% | 0.23% |
| TRANSDIGM INC 6.375%, due 05/31/2033 | 0.93% | 0.22% | 0.22% |
| SKYDANCE CORP 8.25%, due 10/15/2031 | 0.23% | 0.21% | 0.21% |
| DAVITA INC 4.625%, due 06/01/2030 | 0.21% | 0.20% | 0.20% |
| CLOUD SOFTWARE GRP LLC 6.50%, due 03/31/2029 | 0.20% | 0.27% | 0.20% |
| EMRLD BORROWER LP/EMERALD CO-ISSUER 6.625%, due 12/15/2030 | 0.45% | 0.19% | 0.19% |
| NEPTUNE BIDCO US INC 9.29%, due 04/15/2029 | 0.78% | 0.19% | 0.19% |
| VENTURE GLOBAL LNG INC 8.375%, due 06/01/2031 | 0.41% | 0.18% | 0.18% |
| MEDLINE BORROWER LP 5.25%, due 10/01/2029 | 0.63% | 0.18% | 0.18% |
| BEACH ACQUISITION BIDCO 10%, due 07/15/2033 | 0.26% | 0.18% | 0.18% |
| QXO BUILDING PRODUCTS INC 6.75%, due 04/30/2032 | 0.30% | 0.18% | 0.18% |
| 1011778 BC / NEW RED FIN 4%, due 10/15/2030 | 1.49% | 0.18% | 0.18% |
| LEVEL 3 FINANCING INC 7%, due 03/31/2034 | 0.38% | 0.17% | 0.17% |
| NRG ENERGY INC 6%, due 01/15/2036 | 0.54% | 0.17% | 0.17% |
| SKYDANCE CORP 8.875%, due 10/15/2034 | 0.44% | 0.16% | 0.16% |
| AMERICAN AIRLINES/AADVANTAGE LOYALTY 5.75%, due 04/20/2029 | 0.47% | 0.16% | 0.16% |
| TRANSDIGM INC 6.625%, due 03/01/2032 | 0.31% | 0.16% | 0.16% |
| TENET HEALTHCARE CORP 6.25%, due 09/15/2034 | 0.17% | 0.16% | 0.16% |
| CCO HLDGS LLC/CAP CORP 4.50%, due 08/15/2030 | 0.26% | 0.16% | 0.16% |
| ATHENAHEALTH GROUP INC 6.50%, due 02/15/2030 | 0.63% | 0.16% | 0.16% |
| IQVIA INC 6.25%, due 06/01/2032 | 0.24% | 0.16% | 0.16% |
| WINDSTREAM SERVICES/ESCROW 8.25%, due 10/01/2031 | 0.23% | 0.15% | 0.15% |
| PETSMART LLC/PETSMART FI 7.50%, due 09/15/2032 | 0.28% | 0.15% | 0.15% |
| CENTENE CORP 2.50%, due 03/01/2031 | 0.26% | 0.15% | 0.15% |
| ROCKET COS INC 6.375%, due 08/01/2033 | 1.54% | 0.14% | 0.14% |
| CSDC FINANCE I LLC 7.875%, due 10/01/2031 | 0.38% | 0.14% | 0.14% |
| SIRIUS XM RADIO LLC 4%, due 07/15/2028 | 0.79% | 0.14% | 0.14% |
| BLACK PEARL COMPUTE LLC 6.125%, due 02/15/2031 | 0.50% | 0.14% | 0.14% |
| VENTURE GLOBAL PLAQUEMINES LNG LLC 6.75%, due 01/15/2036 | 0.26% | 0.14% | 0.14% |
| HUB INTERNATIONAL LTD 7.25%, due 06/15/2030 | 0.13% | 0.25% | 0.13% |
| VENTURE GLOBAL LNG INC 9.875%, due 02/01/2032 | 0.13% | 0.15% | 0.13% |
| CACI INTERNATIONAL INC 6.375%, due 06/15/2033 | 0.27% | 0.12% | 0.12% |
| ARDONAGH FINCO LTD 7.75%, due 02/15/2031 | 0.52% | 0.12% | 0.12% |
| CIPHER COMPUTE LLC 7.125%, due 11/15/2030 | 0.38% | 0.12% | 0.12% |
| MERIDIAN ARC HOLDCO LLC 6.25%, due 04/30/2031 | 0.12% | 0.36% | 0.12% |
| CCO HLDGS LLC/CAP CORP 7%, due 02/01/2033 | 0.31% | 0.12% | 0.12% |
| QUIKRETE HOLDINGS INC 6.75%, due 03/01/2033 | 1.07% | 0.12% | 0.12% |
| SINCLAIR TELEVISION GROUP 8.125%, due 02/15/2033 | 0.55% | 0.12% | 0.12% |
| DIRECTV FINANCING LLC 8.875%, due 02/01/2030 | 0.20% | 0.12% | 0.12% |
| SHIFT4 PAYMENTS LLC/FIN 6.75%, due 08/15/2032 | 0.91% | 0.12% | 0.12% |
| VIKING CRUISES LTD 5.875%, due 10/15/2033 | 0.54% | 0.12% | 0.12% |
| NEXSTAR MEDIA INC 7.25%, due 04/15/2034 | 0.12% | 0.11% | 0.11% |
| OAK-EAGLE ACQUIRECO INC 7.25%, due 07/01/2033 | 0.11% | 0.23% | 0.11% |
| AVANTOR FUNDING INC 4.625%, due 07/15/2028 | 0.42% | 0.11% | 0.11% |
| GENMAB A/S/GENMAB FIN 6.25%, due 12/15/2032 | 0.36% | 0.11% | 0.11% |
| IQVIA INC 6.375%, due 03/15/2034 | 0.31% | 0.11% | 0.11% |
| CLYDESDALE ACQUISITION 6.75%, due 04/15/2032 | 0.26% | 0.11% | 0.11% |
| ALLIANT HOLD / CO-ISSUER 6.75%, due 04/15/2028 | 0.92% | 0.11% | 0.11% |
| ALBION FINANCING 1SARL / 7%, due 05/21/2030 | 0.52% | 0.10% | 0.10% |
| WAND NEWCO 3 INC 7.625%, due 01/30/2032 | 0.49% | 0.10% | 0.10% |
| TALEN ENERGY SUPPLY LLC 6.25%, due 02/01/2034 | 0.15% | 0.10% | 0.10% |
| IRON MOUNTAIN INC 6.25%, due 01/15/2035 | 0.38% | 0.10% | 0.10% |
| RAVEN ACQUISITION HOLDINGS 6.875%, due 11/15/2031 | 0.79% | 0.10% | 0.10% |
| STANDARD INDUSTRIES INC 4.375%, due 07/15/2030 | 0.15% | 0.10% | 0.10% |
| TRANSDIGM INC 6%, due 12/15/2033 | 0.10% | 0.11% | 0.10% |
| FAIR ISAAC CORP 6%, due 05/15/2033 | 1.04% | 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.