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
443 holdings in all 2 funds| Fund | PZA | VCRM | Positions | Holdings |
|---|---|---|---|---|
| PZAInvesco National AMT-Free Municipal Bond ETF | — | 5% 443 shared |
6,664 | as of May 31, 2026SEC filing |
| VCRMVanguard Core Tax-Exempt Bond ETF | 5% 443 shared | — | 2,925 | 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
5.5% common weight| Holding | PZA | VCRM | Smallest |
|---|---|---|---|
| New York State Urban Development Corp. 4%, due Mar 15, 2049 | 0.09% | 0.18% | 0.09% |
| Wisconsin (State of) Public Finance Authority 5.75%, due Jul 1, 2062 | 0.07% | 0.28% | 0.07% |
| New York City Transitional Finance Authority Future Tax Secured Revenue 5%, due May 1, 2051 | 0.06% | 0.14% | 0.06% |
| South Carolina Jobs-Economic Development Authority 5.5%, due Nov 1, 2054 | 0.05% | 0.12% | 0.05% |
| Colorado (State of) Health Facilities Authority (Adventhealth Obligated Group) 4%, due Nov 15, 2050 | 0.05% | 0.05% | 0.05% |
| New York (City of), NY Transitional Finance Authority 4%, due Feb 1, 2051 | 0.05% | 0.17% | 0.05% |
| Washington Metropolitan Area Transit Authority Dedicated Revenue 5%, due Jul 15, 2060 | 0.05% | 0.12% | 0.05% |
| Monroe County Industrial Development Corp. (University of Rochester) 4%, due Jul 1, 2050 | 0.06% | 0.05% | 0.05% |
| Chicago O'Hare International Airport 5.25%, due Jan 1, 2061 | 0.05% | 0.05% | 0.05% |
| Las Vegas (City of), NV Convention & Visitors Authority 4%, due Jul 1, 2049 | 0.05% | 0.09% | 0.05% |
| New York (State of) Dormitory Authority (Rockefeller University) 4%, due Jul 1, 2049 | 0.05% | 0.24% | 0.05% |
| Grand Parkway Transportation Corp. 4%, due Oct 1, 2049 | 0.08% | 0.04% | 0.04% |
| Michigan (State of) Finance Authority (McLaren Health Care) 4%, due Feb 15, 2050 | 0.04% | 0.11% | 0.04% |
| New York (City of), NY 5%, due Apr 1, 2043 | 0.04% | 0.18% | 0.04% |
| Illinois (State of) Toll Highway Authority 4%, due Jan 1, 2046 | 0.04% | 0.16% | 0.04% |
| New York (City of), NY Municipal Water Finance Authority 4%, due Jun 15, 2051 | 0.04% | 0.07% | 0.04% |
| South Carolina (State of) Jobs-Economic Development Authority (Novant Health Obligated Group) 4.5%, due Nov 1, 2054 | 0.04% | 0.16% | 0.04% |
| City of New York NY 5.25%, due Feb 1, 2045 | 0.04% | 0.05% | 0.04% |
| Oregon (State of) Facilities Authority (Willamette University) 4%, due Oct 1, 2051 | 0.04% | 0.04% | 0.04% |
| Chicago O'Hare International Airport 5.25%, due Jan 1, 2056 | 0.04% | 0.04% | 0.04% |
| Illinois (State of) Toll Highway Authority 5%, due Jan 1, 2042 | 0.04% | 0.05% | 0.04% |
| Philadelphia (City of), PA 5%, due Nov 1, 2045 | 0.04% | 0.07% | 0.04% |
| Tarrant County Cultural Education Facilities Finance Corp. (Christus Health) 4%, due Jul 1, 2053 | 0.04% | 0.15% | 0.04% |
| Chicago (City of), IL Transit Authority 4%, due Dec 1, 2049 | 0.04% | 0.04% | 0.04% |
| Triborough Bridge & Tunnel Authority (MTA Bridges & Tunnels) 5%, due Nov 15, 2042 | 0.04% | 0.42% | 0.04% |
| Dallas (City of), TX Area Rapid Transit 4%, due Dec 1, 2051 | 0.04% | 0.06% | 0.04% |
| New York (City of), NY 4%, due Mar 1, 2050 | 0.04% | 0.08% | 0.04% |
| Louisville (City of) & Jefferson (County of), KY Visitors and Convention Commission 3.125%, due Jun 1, 2046 | 0.04% | 0.04% | 0.04% |
| New York (City of), NY 5%, due Dec 1, 2041 | 0.04% | 0.05% | 0.04% |
| Missoula (City of), MT 4%, due Jul 1, 2044 | 0.03% | 0.04% | 0.03% |
| Hurst-Euless-Bedford Independent School District 4%, due Aug 15, 2050 | 0.03% | 0.05% | 0.03% |
| Lower Colorado River Authority (LCRA Transmission Services Corp.) 5%, due May 15, 2055 | 0.03% | 0.04% | 0.03% |
| Hillsborough County Industrial Development Authority 4.125%, due Nov 15, 2051 | 0.03% | 0.16% | 0.03% |
| Pennsylvania (Commonwealth of) Turnpike Commission 4%, due Dec 1, 2051 | 0.03% | 0.17% | 0.03% |
| Energy Northwest (Columbia Generating Station) 5%, due Jul 1, 2041 | 0.03% | 0.04% | 0.03% |
| Missouri (State of) Health & Educational Facilities Authority (BJC Health System) 4%, due Jan 1, 2045 | 0.03% | 0.04% | 0.03% |
| Board of Regents of the University of Texas System 5%, due Aug 15, 2049 | 0.08% | 0.03% | 0.03% |
| Grand Forks (City of), ND (Altru Health System) 3%, due Dec 1, 2046 | 0.03% | 0.05% | 0.03% |
| Colorado (State of) Health Facilities Authority (CommonSpirit Health) 4%, due Aug 1, 2049 | 0.04% | 0.03% | 0.03% |
| Washington (State of) Convention Center Public Facilities District 5%, due Jul 1, 2058 | 0.03% | 0.17% | 0.03% |
| Hillsborough (County of), FL Industrial Development Authority (Tampa General Hospital) 3.5%, due Aug 1, 2055 | 0.03% | 0.03% | 0.03% |
| Louisiana (State of) Public Facilities Authority (Ochsner Clinic Foundation) 3%, due May 15, 2047 | 0.03% | 0.06% | 0.03% |
| Alachua (County of), FL Health Facilities Authority (Shands Teaching Hospital & Clinics, Inc.) 4%, due Dec 1, 2049 | 0.03% | 0.03% | 0.03% |
| Missouri (State of) Health & Educational Facilities Authority (SSM Health Care) 4%, due Jun 1, 2052 | 0.06% | 0.03% | 0.03% |
| Brevard (County of), FL Health Facilities Authority (Health First Obligated Group) 5%, due Apr 1, 2047 | 0.03% | 0.04% | 0.03% |
| Palm Beach (County of), FL Health Facilities Authority (Baptist Health South Florida) 3%, due Aug 15, 2044 | 0.03% | 0.04% | 0.03% |
| Maine (State of) Health & Higher Educational Facilities Authority (Mainhealth) 4%, due Jul 1, 2050 | 0.03% | 0.03% | 0.03% |
| Medford (City of), OR Hospital Facilities Authority (Asante) 3%, due Aug 15, 2050 | 0.03% | 0.08% | 0.03% |
| Clark (County of), NV 5%, due Jun 1, 2043 | 0.04% | 0.03% | 0.03% |
| New Jersey (State of) Transportation Trust Fund Authority 5%, due Jun 15, 2045 | 0.03% | 0.12% | 0.03% |
| New York (City of), NY Industrial Development Agency (Queens Baseball Stadium) 3%, due Jan 1, 2046 | 0.03% | 0.03% | 0.03% |
| St Johns County Industrial Development Authority 4%, due Aug 1, 2055 | 0.03% | 0.03% | 0.03% |
| Michigan (State of) Finance Authority (Trinity Health Credit Group) 4%, due Dec 1, 2047 | 0.03% | 0.03% | 0.03% |
| Delaware State Health Facilities Authority 5.25%, due Oct 1, 2051 | 0.03% | 0.10% | 0.03% |
| Arizona Industrial Development Authority 4%, due Jul 1, 2051 | 0.03% | 0.05% | 0.03% |
| Seattle (City of), WA 4%, due Sep 1, 2044 | 0.03% | 0.03% | 0.03% |
| Washington Metropolitan Area Transit Authority (Green Bonds) 4.125%, due Jul 15, 2047 | 0.03% | 0.03% | 0.03% |
| New York City Transitional Finance Authority Future Tax Secured Revenue 5%, due Feb 1, 2053 | 0.03% | 0.07% | 0.03% |
| Miami-Dade (County of), FL 4%, due Oct 1, 2049 | 0.09% | 0.03% | 0.03% |
| New York (City of), NY Transitional Finance Authority 5%, due Jul 15, 2043 | 0.02% | 0.12% | 0.02% |
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.