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
1468 holdings in all 2 funds| Fund | PZA | VTEI | Positions | Holdings |
|---|---|---|---|---|
| PZAInvesco National AMT-Free Municipal Bond ETF | — | 11% 1468 shared |
6,664 | as of May 31, 2026SEC filing |
| VTEIVanguard Intermediate-Term Tax-Exempt Bond ETF | 11% 1468 shared | — | 6,662 | 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
11.0% common weight| Holding | PZA | VTEI | Smallest |
|---|---|---|---|
| Chicago (City of), IL Board of Education 6%, due Apr 1, 2046 | 0.09% | 0.10% | 0.09% |
| Foothill-Eastern Transportation Corridor Agency 4%, due Jan 15, 2046 | 0.07% | 0.07% | 0.07% |
| Hudson Yards Infrastructure Corp. 5%, due Feb 15, 2042 | 0.06% | 0.09% | 0.06% |
| Illinois (State of) Toll Highway Authority 5%, due Jan 1, 2045 | 0.08% | 0.06% | 0.06% |
| San Antonio Public Facilities Corp. 4%, due Sep 15, 2042 | 0.05% | 0.07% | 0.05% |
| New York (State of) Dormitory Authority 5%, due Mar 15, 2046 | 0.05% | 0.05% | 0.05% |
| New Jersey (State of) Turnpike Authority 5%, due Jan 1, 2046 | 0.06% | 0.05% | 0.05% |
| Broward (County of), FL 4%, due Oct 1, 2042 | 0.05% | 0.06% | 0.05% |
| New York (City of), NY Transitional Finance Authority 4%, due May 1, 2045 | 0.05% | 0.06% | 0.05% |
| State of Texas 5%, due Oct 1, 2044 | 0.05% | 0.05% | 0.05% |
| New York (State of) Dormitory Authority (New School (The)) 4%, due Jul 1, 2043 | 0.07% | 0.05% | 0.05% |
| Texas (State of) Water Development Board 4%, due Oct 15, 2045 | 0.05% | 0.05% | 0.05% |
| New York (City of), NY 4%, due Jun 15, 2045 | 0.05% | 0.07% | 0.05% |
| Las Vegas (City of), NV Convention & Visitors Authority 5%, due Jul 1, 2043 | 0.04% | 0.06% | 0.04% |
| New Jersey (State of) Transportation Trust Fund Authority 5%, due Jun 15, 2046 | 0.04% | 0.05% | 0.04% |
| Grand Parkway Transportation Corp. (TELA Supported) 5%, due Oct 1, 2043 | 0.05% | 0.04% | 0.04% |
| Hudson Yards Infrastructure Corp. 4%, due Feb 15, 2044 | 0.05% | 0.04% | 0.04% |
| Metropolitan Transportation Authority 4%, due Nov 15, 2042 | 0.04% | 0.04% | 0.04% |
| Massachusetts (Commonwealth of) 4%, due Jun 1, 2046 | 0.04% | 0.06% | 0.04% |
| Energy Northwest (Columbia Generating Station) 4%, due Jul 1, 2042 | 0.04% | 0.06% | 0.04% |
| State of California 5%, due Aug 1, 2045 | 0.04% | 0.04% | 0.04% |
| New York (State of) Thruway Authority 4%, due Jan 1, 2045 | 0.06% | 0.04% | 0.04% |
| Illinois (State of) Toll Highway Authority 4%, due Jan 1, 2046 | 0.04% | 0.04% | 0.04% |
| Illinois (State of) Toll Highway Authority 5%, due Jan 1, 2042 | 0.04% | 0.07% | 0.04% |
| New Jersey (State of) Transportation Trust Fund Authority 5%, due Jun 15, 2044 | 0.04% | 0.05% | 0.04% |
| New York (State of) Dormitory Authority 4%, due Jul 1, 2045 | 0.04% | 0.08% | 0.04% |
| Triborough Bridge & Tunnel Authority (MTA Bridges & Tunnels) 5%, due Nov 15, 2042 | 0.04% | 0.07% | 0.04% |
| Illinois (State of) 5.5%, due Mar 1, 2042 | 0.04% | 0.04% | 0.04% |
| Texas Transportation Finance Corp. 5%, due Oct 1, 2045 | 0.04% | 0.06% | 0.04% |
| New York (City of), NY 5%, due Dec 1, 2041 | 0.04% | 0.05% | 0.04% |
| Washington Metropolitan Area Transit Authority 5%, due Jul 1, 2042 | 0.04% | 0.05% | 0.04% |
| State of Texas 5%, due Oct 1, 2043 | 0.03% | 0.04% | 0.03% |
| New Jersey (State of) Turnpike Authority 4%, due Jan 1, 2042 | 0.05% | 0.03% | 0.03% |
| New York (City of), NY Transitional Finance Authority 4%, due Aug 1, 2042 | 0.04% | 0.03% | 0.03% |
| Grand Parkway Transportation Corp. 4%, due Oct 1, 2045 | 0.06% | 0.03% | 0.03% |
| Los Angeles Unified School District 4%, due Jul 1, 2044 | 0.06% | 0.03% | 0.03% |
| Chicago (City of), IL 5%, due Jan 1, 2044 | 0.05% | 0.03% | 0.03% |
| Illinois (State of) Toll Highway Authority 5%, due Jan 1, 2046 | 0.04% | 0.03% | 0.03% |
| Illinois State Toll Highway Authority 5%, due Jan 1, 2046 | 0.03% | 0.03% | 0.03% |
| State of Texas 5%, due Oct 1, 2042 | 0.03% | 0.03% | 0.03% |
| Illinois (State of) Toll Highway Authority 5.25%, due Jan 1, 2043 | 0.03% | 0.03% | 0.03% |
| California (State of) 5%, due Oct 1, 2042 | 0.06% | 0.03% | 0.03% |
| New York (City of), NY Municipal Water Finance Authority 3%, due Jun 15, 2044 | 0.03% | 0.04% | 0.03% |
| New York (City of), NY Municipal Water Finance Authority 4.125%, due Jun 15, 2046 | 0.05% | 0.03% | 0.03% |
| California (State of) Educational Facilities Authority (Stanford University) 5%, due Jun 1, 2043 | 0.06% | 0.03% | 0.03% |
| Illinois (State of) Toll Highway Authority 5%, due Jan 1, 2044 | 0.03% | 0.05% | 0.03% |
| New York Liberty Development Corp. 2.75%, due Feb 15, 2044 | 0.03% | 0.04% | 0.03% |
| Illinois (State of) Toll Highway Authority 5%, due Jan 1, 2044 | 0.03% | 0.03% | 0.03% |
| New York (City of), NY Transitional Finance Authority 5%, due May 1, 2042 | 0.03% | 0.07% | 0.03% |
| Michigan (State of) 4%, due Nov 15, 2045 | 0.03% | 0.03% | 0.03% |
| New York (City of), NY Municipal Water Finance Authority 4%, due Jun 15, 2045 | 0.04% | 0.03% | 0.03% |
| New York (State of) Thruway Authority 4%, due Jan 1, 2045 | 0.03% | 0.03% | 0.03% |
| Sweetwater Union High School District 4%, due Aug 1, 2042 | 0.03% | 0.05% | 0.03% |
| New York (State of) Power Authority (Green Bonds) 4%, due Nov 15, 2045 | 0.04% | 0.03% | 0.03% |
| Illinois (State of) Toll Highway Authority 5.25%, due Jan 1, 2045 | 0.03% | 0.05% | 0.03% |
| New Jersey (State of) Transportation Trust Fund Authority 5%, due Jun 15, 2045 | 0.03% | 0.04% | 0.03% |
| Michigan (State of) 4%, due Nov 15, 2044 | 0.03% | 0.04% | 0.03% |
| Los Angeles (City of), CA Department of Water & Power 5%, due Jul 1, 2044 | 0.03% | 0.05% | 0.03% |
| Massachusetts (Commonwealth of) 4%, due Sep 1, 2042 | 0.04% | 0.03% | 0.03% |
| New York (State of) Dormitory Authority 5%, due Mar 15, 2043 | 0.03% | 0.03% | 0.03% |
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.