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
27 holdings in all 2 funds| Fund | PZA | TAXE | Positions | Holdings |
|---|---|---|---|---|
| PZAInvesco National AMT-Free Municipal Bond ETF | — | 0% 27 shared |
6,664 | as of May 31, 2026SEC filing |
| TAXEIntermediate Municipal Income ETF | 0% 27 shared | — | 579 | as of Jul 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
0.4% common weight| Holding | PZA | TAXE | Smallest |
|---|---|---|---|
| Denton Independent School District 5%, due Aug 15, 2048 | 0.04% | 0.24% | 0.04% |
| Illinois State Toll Highway Authority 5%, due Jan 1, 2047 | 0.03% | 0.28% | 0.03% |
| Michigan (State of) Finance Authority (Henry Ford Health System) 5%, due Nov 15, 2041 | 0.03% | 0.39% | 0.03% |
| New York (City of), NY Transitional Finance Authority 5.25%, due Feb 1, 2047 | 0.03% | 0.55% | 0.03% |
| Michigan (State of) Finance Authority (Beaumont Health Credit Group) 5%, due Nov 1, 2044 | 0.03% | 0.10% | 0.03% |
| Metropolitan Washington Airports Authority 5%, due Oct 1, 2044 | 0.03% | 0.13% | 0.03% |
| Kentucky (Commonwealth of) Economic Development Finance Authority (Owensboro Health, Inc.) 5%, due Jun 1, 2045 | 0.03% | 0.11% | 0.03% |
| Kentucky (Commonwealth of) Economic Development Finance Authority (Owensboro Health, Inc.) 5.25%, due Jun 1, 2041 | 0.02% | 0.21% | 0.02% |
| Washington Metropolitan Area Transit Authority (Green Bonds) 5%, due Jul 15, 2048 | 0.02% | 0.27% | 0.02% |
| Board of Regents of the University of Texas System 5%, due Aug 15, 2043 | 0.02% | 0.04% | 0.02% |
| New York City Transitional Finance Authority Future Tax Secured Revenue 5%, due Nov 1, 2044 | 0.02% | 0.14% | 0.02% |
| Rockingham (County of), VA Economic Development Authority (Sentara RHM Medical Center) 3%, due Nov 1, 2046 | 0.02% | 0.12% | 0.02% |
| Washington (State of) 5%, due Aug 1, 2042 | 0.01% | 0.29% | 0.01% |
| South Miami Health Facilities Authority, Inc. (Baptist Health South Florida Obligated Group) 5%, due Aug 15, 2047 | 0.01% | 0.10% | 0.01% |
| New York (City of), NY Transitional Finance Authority 5.25%, due May 1, 2045 | 0.01% | 0.60% | 0.01% |
| Cuyahoga (County of), OH (MetroHealth System) 5%, due Feb 15, 2042 | 0.01% | 0.14% | 0.01% |
| Sarasota (County of), FL Public Hospital District (Sarasota Memorial Hospital) 5%, due Jul 1, 2041 | 0.01% | 0.04% | 0.01% |
| Connecticut State Health & Educational Facilities Authority 5%, due Jul 1, 2043 | 0.01% | 0.10% | 0.01% |
| Oklahoma (State of) Turnpike Authority 5%, due Jan 1, 2043 | 0.01% | 0.34% | 0.01% |
| Delaware (State of) Health Facilities Authority (Beebe Medical Center) 5%, due Jun 1, 2043 | 0.01% | 0.01% | 0.01% |
| Indiana Finance Authority 5%, due Nov 15, 2042 | 0.00% | 0.83% | 0.00% |
| Commonwealth of Massachusetts 5%, due Apr 1, 2042 | 0.00% | 0.28% | 0.00% |
| Wisconsin (State of) Health & Educational Facilities Authority (Marshfield Clinic Health System) 5%, due Feb 15, 2042 | 0.00% | 0.10% | 0.00% |
| State of Connecticut Special Tax Revenue 5.25%, due Jul 1, 2043 | 0.00% | 0.57% | 0.00% |
| New York State Dormitory Authority 5%, due Mar 15, 2043 | 0.00% | 0.28% | 0.00% |
| Colorado (State of) 6%, due Dec 15, 2041 | 0.00% | 0.72% | 0.00% |
| South Carolina Jobs-Economic Development Authority 5.25%, due Nov 1, 2042 | 0.00% | 0.05% | 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.