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
17 holdings in all 2 funds| Fund | ICLO | PAAA | Positions | Holdings |
|---|---|---|---|---|
| ICLOInvesco AAA CLO Floating Rate Note ETF | — | 4% 17 shared |
150 | as of Jul 31, 2026SEC filing |
| PAAAPGIM AAA CLO ETF | 4% 17 shared | — | 329 | as of May 29, 2026SEC filing |
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
4.0% common weight| Holding | ICLO | PAAA | Smallest |
|---|---|---|---|
| Empower CLO 2022-1 Ltd., due Oct 20, 2037 | 0.71% | 0.60% | 0.60% |
| OCP CLO 2020-20 Ltd., due Apr 18, 2037 | 0.38% | 0.44% | 0.38% |
| AGL CLO 15 Ltd., due Jan 20, 2039 | 0.38% | 0.54% | 0.38% |
| Regatta XXII Funding Ltd. 5.013%, due Jan 15, 2039 | 0.38% | 0.30% | 0.30% |
| Magnetite Xlii Ltd. 5.12015%, due Jan 25, 2038 | 0.28% | 0.51% | 0.28% |
| OCP CLO 2015-9, Ltd., due Jan 15, 2037 | 0.66% | 0.28% | 0.28% |
| Elmwood CLO III Ltd. 5.10921%, due Jul 18, 2037 | 1.13% | 0.28% | 0.28% |
| Benefit Street Partners Clo XXXVII Ltd. 5.16015%, due Jan 25, 2038 | 0.47% | 0.26% | 0.26% |
| Bain Capital Credit CLO Ltd. 5.08509%, due Oct 24, 2038 | 0.76% | 0.21% | 0.21% |
| Peace Park CLO Ltd. 4.97921%, due Oct 20, 2038 | 0.19% | 0.20% | 0.19% |
| Elmwood CLO 24 Ltd., due Jan 17, 2038 | 0.19% | 0.38% | 0.19% |
| CARLYLE US CLO 2021-6 Ltd., due Jan 15, 2038 | 0.38% | 0.15% | 0.15% |
| Signal Peak CLO 14 Ltd., due Jan 22, 2038 | 0.38% | 0.13% | 0.13% |
| Ares LVI CLO Ltd. 5.06015%, due Jan 25, 2038 | 0.76% | 0.11% | 0.11% |
| Signal Peak CLO 9 Ltd., due Jan 21, 2038 | 0.25% | 0.10% | 0.10% |
| CIFC Funding 2017-V Ltd., due Jul 17, 2037 | 0.24% | 0.07% | 0.07% |
| Oak Hill Credit Partners X-R Ltd. 4.85921%, due Apr 20, 2038 | 0.94% | 0.06% | 0.06% |
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.