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
22 holdings in all 2 funds| Fund | MNBD | PZA | Positions | Holdings |
|---|---|---|---|---|
| MNBDALPS BBH Intermediate Municipal Bond ETF | — | 1% 22 shared |
197 | as of Aug 31, 2026SEC filing |
| PZAInvesco National AMT-Free Municipal Bond ETF | 1% 22 shared | — | 7,123 | as of Aug 31, 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
0.8% common weight| Holding | MNBD | PZA | Smallest |
|---|---|---|---|
| New York St Dorm Auth St Personal Income Tax Revenue 4%, due Feb 15, 2047 | 1.22% | 0.10% | 0.10% |
| Lower Al Gas Dist Gas Proj Revenue 5%, due Sep 1, 2046 | 0.62% | 0.09% | 0.09% |
| Met Transprtn Auth Ny Revenue 4.75%, due Nov 15, 2045 | 0.45% | 0.07% | 0.07% |
| Texas St Wtr Dev Brd 4%, due Oct 15, 2043 | 0.16% | 0.06% | 0.06% |
| New Jersey St Transprtn Trust Fund Auth 5%, due Jun 15, 2042 | 0.46% | 0.05% | 0.05% |
| New York St Thruway Auth Gen Revenue Junior Indebtedness Obl 4%, due Jan 1, 2045 | 0.30% | 0.05% | 0.05% |
| Martin Cnty Fl Hlth Facs Auth 4%, due Jan 1, 2046 | 0.26% | 0.05% | 0.05% |
| Idaho St Hlth Facs Auth Revenue 2.05%, due Mar 1, 2048 | 1.05% | 0.05% | 0.05% |
| New York City Ny Transitional Fin Auth Rev 5%, due May 1, 2042 | 0.55% | 0.04% | 0.04% |
| New Jersey St Transprtn Trust Fund Auth 4.25%, due Jun 15, 2044 | 0.50% | 0.03% | 0.03% |
| New York City Ny Transitional Fin Auth Revenue 5.25%, due Feb 1, 2047 | 0.27% | 0.03% | 0.03% |
| Colorado St Hlth Facs Auth Revenue 4%, due Nov 15, 2043 | 0.16% | 0.03% | 0.03% |
| S Miami Fl Hlth Facs Auth 5%, due Aug 15, 2042 | 0.62% | 0.02% | 0.02% |
| Illinois St Fin Auth Revenue 4%, due Jul 15, 2047 | 0.31% | 0.02% | 0.02% |
| New York City Ny Muni Wtr Fin Auth Wtr & Swr Sys Revenue 4%, due Jun 15, 2045 | 0.16% | 0.02% | 0.02% |
| Illinois St Fin Auth Revenue 5%, due Aug 15, 2047 | 0.98% | 0.02% | 0.02% |
| Colorado St Hlth Facs Auth Revenue 4%, due Nov 15, 2046 | 0.16% | 0.02% | 0.02% |
| Met Transprtn Auth Ny Revenue 4%, due Nov 15, 2048 | 0.15% | 0.02% | 0.02% |
| New York St Thruway Auth Personal Income Tax Revenue 5%, due Mar 15, 2042 | 0.18% | 0.01% | 0.01% |
| New York City Ny Transitional Fin Auth Rev 5%, due May 1, 2042 | 0.18% | 0.01% | 0.01% |
| Michigan St Fin Auth Revenue 4%, due Apr 15, 2042 | 0.60% | 0.01% | 0.01% |
| New York St Dorm Auth St Personal Income Tax Revenue 5%, due Mar 15, 2045 | 0.37% | 0.00% | 0.00% |
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.