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
1053 holdings in all 2 funds| Fund | SUB | VTES | Positions | Holdings |
|---|---|---|---|---|
| SUBiShares Short-Term National Muni Bond ETF | — | 20% 1053 shared |
3,050 | as of Oct 19, 2026issuer data |
| VTESVanguard Short-Term Tax-Exempt Bond ETF | 20% 1053 shared | — | 3,989 | as of Oct 19, 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
19.5% common weight| Holding | SUB | VTES | Smallest |
|---|---|---|---|
| BAY AREA TOLL AUTH CALIF TOLL 2%, due Apr 1, 2028 | 0.26% | 0.27% | 0.26% |
| NEW JERSEY ST 4%, due Jun 1, 2030 | 0.21% | 0.24% | 0.21% |
| UNIVERSITY CALIF REVS 5%, due May 15, 2030 | 0.21% | 0.18% | 0.18% |
| ILLINOIS ST 5%, due Nov 1, 2027 | 0.15% | 0.20% | 0.15% |
| CALIFORNIA (STATE OF) 5%, due Aug 1, 2031 | 0.39% | 0.15% | 0.15% |
| NEW JERSEY ST 5%, due Jun 1, 2028 | 0.15% | 0.21% | 0.15% |
| NEW JERSEY ST EDL FACS AUTH RE 5%, due Jul 1, 2031 | 0.19% | 0.15% | 0.15% |
| LOS ANGELES CALIF DEPT WTR & P 5%, due Jan 1, 2030 | 0.14% | 0.14% | 0.14% |
| NEW JERSEY ST 4%, due Jun 1, 2031 | 0.14% | 0.18% | 0.14% |
| NEW JERSEY ECONOMIC DEV AUTH R 5%, due Mar 1, 2028 | 0.32% | 0.14% | 0.14% |
| JEA FLA WTR & SWR SYS 5%, due Oct 1, 2031 | 0.14% | 0.16% | 0.14% |
| MASSACHUSETTS ST DEV FIN AGY R 5%, due Feb 15, 2031 | 0.13% | 0.14% | 0.13% |
| NEW JERSEY ST TPK AUTH TPK REV 5%, due Jan 1, 2031 | 0.17% | 0.12% | 0.12% |
| LOS ANGELES CALIF UNI SCH DIST 5%, due Jul 1, 2029 | 0.10% | 0.11% | 0.10% |
| ILLINOIS ST 5%, due Nov 1, 2028 | 0.10% | 0.24% | 0.10% |
| NEW JERSEY ECONOMIC DEV AUTH R 5.5%, due Dec 15, 2026 | 0.10% | 0.14% | 0.10% |
| NEW YORK N Y 5%, due Aug 1, 2027 | 0.10% | 0.10% | 0.10% |
| ALABAMA ST PUB SCH & COLLEGE A 5%, due Nov 1, 2027 | 0.10% | 0.11% | 0.10% |
| MASSACHUSETTS ST DEV FIN AGY 5%, due Oct 1, 2031 | 0.10% | 0.12% | 0.10% |
| LOS ANGELES CALIF DEPT WTR & P 5%, due Jul 1, 2030 | 0.15% | 0.10% | 0.10% |
| TEXAS ST 5%, due Oct 1, 2030 | 0.20% | 0.09% | 0.09% |
| AQUARION WATER AUTHORITY CT 5.25%, due Feb 1, 2031 | 0.09% | 0.16% | 0.09% |
| PENNSYLVANIA ST 5%, due Mar 1, 2028 | 0.17% | 0.09% | 0.09% |
| UNIVERSITY TEX UNIV REVS 5%, due Aug 15, 2028 | 0.10% | 0.09% | 0.09% |
| NORTH CAROLINA ST GRANT ANTIC 5%, due Mar 1, 2028 | 0.10% | 0.09% | 0.09% |
| ENERGY NORTHWEST WASH ELEC REV 5%, due Jul 1, 2031 | 0.08% | 0.11% | 0.08% |
| UNIVERSITY CALIF REVS 5%, due May 15, 2029 | 0.08% | 0.10% | 0.08% |
| TEXAS TRANSPORTATION COMMISSION 2.8%, due Oct 1, 2030 | 0.11% | 0.08% | 0.08% |
| ILLINOIS ST 5%, due Feb 1, 2028 | 0.12% | 0.08% | 0.08% |
| METROPOLITAN TRANSN AUTH N Y R 5%, due Nov 15, 2030 | 0.08% | 0.17% | 0.08% |
| DALLAS TEX INDPT SCH DIST 5%, due Feb 15, 2030 | 0.08% | 0.22% | 0.08% |
| NEW JERSEY ECONOMIC DEVELOPMENT AU 5%, due Jun 15, 2031 | 0.08% | 0.08% | 0.08% |
| CALIFORNIA ST 5%, due Oct 1, 2028 | 0.08% | 0.09% | 0.08% |
| GEORGIA ST 5%, due Dec 1, 2026 | 0.20% | 0.07% | 0.07% |
| UNIVERSITY CALIF REVS 5%, due May 15, 2029 | 0.07% | 0.07% | 0.07% |
| MISSOURI HIGHWAYS AND TRANSPORTATI 5%, due May 1, 2031 | 0.08% | 0.07% | 0.07% |
| METROPOLITAN TRANSN AUTH N Y R 5%, due Nov 15, 2028 | 0.07% | 0.07% | 0.07% |
| CALIFORNIA (STATE OF) 5%, due Aug 1, 2029 | 0.07% | 0.16% | 0.07% |
| NEW JERSEY ECONOMIC DEVELOPMENT AU 5%, due Jun 15, 2029 | 0.11% | 0.07% | 0.07% |
| LANSING BOARD OF WATER & LIGHT 5%, due Jul 1, 2051 | 0.07% | 0.07% | 0.07% |
| NEBRASKA PUB PWR DIST REV 5%, due Jul 1, 2028 | 0.11% | 0.07% | 0.07% |
| MISSOURI HIGHWAYS AND TRANSPORTATI 5%, due May 1, 2028 | 0.08% | 0.07% | 0.07% |
| CALIFORNIA ST 5%, due Aug 1, 2031 | 0.07% | 0.10% | 0.07% |
| OHIO ST WTR DEV AUTH REV 5%, due Jun 1, 2028 | 0.17% | 0.07% | 0.07% |
| LOS ANGELES CALIF UNI SCH DIST 5%, due Jul 1, 2028 | 0.07% | 0.07% | 0.07% |
| CALIFORNIA ST 5%, due Apr 1, 2028 | 0.08% | 0.06% | 0.06% |
| TOHOPEKALIGA WTR AUTH FLA 5%, due Oct 1, 2030 | 0.06% | 0.16% | 0.06% |
| NEW YORK N Y 5%, due Aug 1, 2029 | 0.06% | 0.06% | 0.06% |
| ILLINOIS ST 5%, due Nov 1, 2029 | 0.13% | 0.06% | 0.06% |
| MICHIGAN ST TRUNK LINE 5%, due Nov 15, 2028 | 0.09% | 0.06% | 0.06% |
| UNIVERSITY OF MICHIGAN 5%, due Apr 1, 2031 | 0.07% | 0.06% | 0.06% |
| NEBRASKA PUB PWR DIST REV 5%, due Jul 1, 2031 | 0.07% | 0.06% | 0.06% |
| MASSACHUSETTS ST 5%, due Mar 1, 2029 | 0.09% | 0.06% | 0.06% |
| MASSACHUSETTS ST SCH BLDG AUTH 5%, due Feb 15, 2030 | 0.08% | 0.06% | 0.06% |
| UTAH ST 5%, due Jul 1, 2027 | 0.07% | 0.06% | 0.06% |
| NEW YORK ST DORM AUTH ST PERS 5%, due Mar 15, 2031 | 0.06% | 0.07% | 0.06% |
| TEXAS ST 5%, due Oct 1, 2029 | 0.06% | 0.09% | 0.06% |
| LONG IS PWR AUTH N Y ELEC SYS 3%, due Sep 1, 2028 | 0.13% | 0.06% | 0.06% |
| MASSACHUSETTS ST 5.5%, due Aug 1, 2030 | 0.18% | 0.06% | 0.06% |
| PENNSYLVANIA ST 5%, due Apr 1, 2028 | 0.06% | 0.10% | 0.06% |
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.