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
55 holdings in all 2 funds| Fund | SMMU | VTES | Positions | Holdings |
|---|---|---|---|---|
| SMMUPIMCO Short Term Municipal Bond Active Exchange-Traded Fund | — | 3% 55 shared |
373 | as of Oct 20, 2026issuer data |
| VTESVanguard Short-Term Tax-Exempt Bond ETF | 3% 55 shared | — | 4,000 | 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
2.8% common weight| Holding | SMMU | VTES | Smallest |
|---|---|---|---|
| NEW JERSEY ST-A 5%, due Jun 1, 2028 | 0.17% | 0.21% | 0.17% |
| TX TRANSPRTN-REF 5%, due Apr 1, 2032 | 0.28% | 0.16% | 0.16% |
| LOS ANGELES UNIF SD-A 5%, due Jul 1, 2033 | 0.38% | 0.16% | 0.16% |
| AQUARION WTR AUTH-B 5.25%, due Feb 1, 2031 | 0.15% | 0.16% | 0.15% |
| CA MUNI FIN AUTH-B 5%, due Jun 30, 2032 | 0.23% | 0.15% | 0.15% |
| NJ ECON DEV AUTH-RRR- *REPURCHASE OFFER* 5%, due Mar 1, 2028 | 0.18% | 0.14% | 0.14% |
| TX TRANSPRTN-B2, due Oct 1, 2032 | 0.47% | 0.13% | 0.13% |
| LONG ISLAND AUTH - B 3%, due Sep 1, 2028 | 0.31% | 0.13% | 0.13% |
| ST PUB SCH BLDG-A-REF 5%, due Jun 1, 2033 | 0.15% | 0.12% | 0.12% |
| AL TOLL ROAD-1, due Oct 1, 2032 | 1.50% | 0.11% | 0.11% |
| GRAND PKWY TRANSPRTN 5%, due Apr 1, 2028 | 0.20% | 0.11% | 0.11% |
| OH WTR DEV AUTH-A 5%, due Dec 1, 2028 | 1.06% | 0.10% | 0.10% |
| CA REF 5.25%, due Aug 1, 2032 | 0.09% | 0.10% | 0.09% |
| SAN ANTONIO-REF 5%, due Feb 1, 2032 | 0.52% | 0.08% | 0.08% |
| NE PUB PWR DT 5%, due Jul 1, 2028 | 0.14% | 0.07% | 0.07% |
| NASHVILLE ETC CO MET 5%, due Dec 1, 2028 | 0.23% | 0.06% | 0.06% |
| KY PROP & BLDG-B 5%, due Nov 1, 2026 | 0.15% | 0.06% | 0.06% |
| NEW YORK CITY-D 5%, due Aug 1, 2030 | 0.10% | 0.05% | 0.05% |
| MA DEV FIN AGY-A-2, due Oct 1, 2033 | 0.26% | 0.05% | 0.05% |
| SAN ANTONIO ELEC & -A 3.08%, due Dec 1, 2028 | 0.36% | 0.05% | 0.05% |
| NEW YORK CITY-D 5%, due Aug 1, 2033 | 0.17% | 0.05% | 0.05% |
| N TX TOLLWY AUTH-A 5%, due Jan 1, 2027 | 0.22% | 0.04% | 0.04% |
| OK PUB PROPERTY AUTH 5%, due Jun 1, 2031 | 0.86% | 0.04% | 0.04% |
| NEW YORK CITY-E-1-REF, due Aug 1, 2032 | 0.38% | 0.04% | 0.04% |
| CALIFORNIA ST-REF 5%, due Aug 1, 2028 | 0.29% | 0.04% | 0.04% |
| SCHERTZ-CIBOLO-B 3.125%, due Feb 1, 2029 | 0.34% | 0.04% | 0.04% |
| DALLAS ISD-A4, due Feb 15, 2029 | 0.58% | 0.04% | 0.04% |
| FORT BEND ISD-B-REF 3.8%, due Aug 1, 2028 | 1.11% | 0.03% | 0.03% |
| ILLINOIS ST 5.5%, due May 1, 2030 | 0.65% | 0.03% | 0.03% |
| NORTHSIDE TX INDEP SC 3.1%, due Aug 1, 2029 | 0.39% | 0.02% | 0.02% |
| NEW YORK CITY-D 5%, due Aug 1, 2032 | 0.24% | 0.02% | 0.02% |
| NORTH CAROLINA ST-REF 5%, due Mar 1, 2030 | 0.42% | 0.02% | 0.02% |
| SAN ANTONIO-B-REF-REV 3.25%, due Dec 1, 2028 | 0.29% | 0.02% | 0.02% |
| ENERGY NORTHWEST-A 5%, due Jul 1, 2031 | 0.02% | 0.02% | 0.02% |
| COLUMBIA DT-A-REF 5%, due Jun 1, 2027 | 0.65% | 0.02% | 0.02% |
| ILLINOIS ST-B 5%, due May 1, 2029 | 0.25% | 0.02% | 0.02% |
| ORANGE SCH BRD-A-COPS 5%, due Aug 1, 2033 | 0.35% | 0.02% | 0.02% |
| CONNECTICUT ST-B-REF 5%, due Dec 1, 2030 | 0.21% | 0.01% | 0.01% |
| CONNECTICUT ST-E 5%, due Nov 15, 2028 | 0.13% | 0.01% | 0.01% |
| GREAT LAKES AUTH-D 3.45%, due Jul 1, 2030 | 0.14% | 0.01% | 0.01% |
| NEW JERSEY TNPK AUTH 5%, due Jan 1, 2028 | 0.20% | 0.01% | 0.01% |
| CONNECTICUT-A-PREREF 5%, due Jul 1, 2027 | 0.06% | 0.01% | 0.01% |
| AQUARION WTR AUTH-A 5%, due Aug 1, 2029 | 0.01% | 0.01% | 0.01% |
| DALLAS & FORT WORTH-B 5%, due Nov 1, 2028 | 0.17% | 0.01% | 0.01% |
| NEW YORK ST PWR AUT-A 5%, due Nov 15, 2027 | 0.14% | 0.01% | 0.01% |
| NORTHSIDE ISD-B 2%, due Jun 1, 2027 | 0.10% | 0.01% | 0.01% |
| SC PUB SVC AUTH-B-REF 5%, due Dec 1, 2028 | 0.20% | 0.01% | 0.01% |
| E BAY MUD-B-REV-REF 5%, due Jun 1, 2028 | 0.67% | 0.01% | 0.01% |
| ENERGY NW-B-REF 5%, due Jul 1, 2027 | 0.41% | 0.01% | 0.01% |
| DENTON TX ISD-SER B2, due Aug 15, 2030 | 0.16% | 0.01% | 0.01% |
| CALIFORNIA-REF-UNREF 5%, due Aug 1, 2029 | 0.04% | 0.00% | 0.00% |
| CONNECTICUT-A-UNREFD 5%, due Jul 1, 2027 | 0.02% | 0.00% | 0.00% |
| UNIV OF COLORADO-A 5%, due Oct 1, 2028 | 0.46% | 0.00% | 0.00% |
| TX TRANSPRTN-B-REF 5%, due Aug 15, 2030 | 0.12% | 0.00% | 0.00% |
| JEFFERSON CO-REF 5%, due Oct 1, 2031 | 0.25% | 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.