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
347 holdings in all 2 funds| Fund | VSDM | VTES | Positions | Holdings |
|---|---|---|---|---|
| VSDMVanguard Short Duration Tax-Exempt Bond ETF | — | 6% 347 shared |
3,623 | as of Oct 20, 2026issuer data |
| VTESVanguard Short-Term Tax-Exempt Bond ETF | 6% 347 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
5.9% common weight| Holding | VSDM | VTES | Smallest |
|---|---|---|---|
| State of Illinois 5%, due Nov 1, 2028 | 0.21% | 0.24% | 0.21% |
| Los Angeles Unified School District/CA 5%, due Jul 1, 2032 | 0.44% | 0.16% | 0.16% |
| Alabama Toll Road Bridge and Tunnel Authority 5%, due Oct 1, 2032 | 0.51% | 0.11% | 0.11% |
| Commonwealth of Pennsylvania 5%, due Apr 1, 2033 | 0.09% | 0.10% | 0.09% |
| State of North Carolina 5%, due Mar 1, 2032 | 0.15% | 0.08% | 0.08% |
| State of Texas 5%, due Oct 1, 2032 | 0.08% | 0.08% | 0.08% |
| Southern California Public Power Authority 5%, due Jul 1, 2053 | 0.21% | 0.08% | 0.08% |
| School District of Broward County/FL 5%, due Jul 1, 2032 | 0.07% | 0.10% | 0.07% |
| Bay Area Toll Authority 2%, due Apr 1, 2056 | 0.07% | 0.27% | 0.07% |
| State of California 5%, due Aug 1, 2030 | 0.07% | 0.10% | 0.07% |
| State of Connecticut 5%, due Oct 15, 2030 | 0.07% | 0.08% | 0.07% |
| New York City Transitional Finance Authority Future Tax Secured Revenue 5%, due Nov 1, 2032 | 0.11% | 0.07% | 0.07% |
| New Jersey Economic Development Authority 5%, due Jun 15, 2030 | 0.07% | 0.08% | 0.07% |
| New Jersey Economic Development Authority 5%, due Jun 15, 2031 | 0.06% | 0.08% | 0.06% |
| New Jersey Transportation Trust Fund Authority 5%, due Jun 15, 2032 | 0.06% | 0.11% | 0.06% |
| State of Illinois 5%, due Nov 1, 2029 | 0.10% | 0.06% | 0.06% |
| City of San Antonio TX Electric & Gas Systems Revenue 3.65%, due Feb 1, 2056 | 0.10% | 0.06% | 0.06% |
| State of Maryland 4%, due Mar 1, 2029 | 0.07% | 0.06% | 0.06% |
| Los Angeles Department of Water & Power 5%, due Jul 1, 2033 | 0.08% | 0.06% | 0.06% |
| Texas Transportation Commission 5%, due Oct 1, 2044 | 0.05% | 0.13% | 0.05% |
| Grand Parkway Transportation Corp 5%, due Oct 1, 2052 | 0.05% | 0.11% | 0.05% |
| Minnesota Health & Education Facilities Authority 5%, due Oct 1, 2053 | 0.05% | 0.06% | 0.05% |
| School District of Philadelphia/The 5%, due Jun 30, 2027 | 0.13% | 0.05% | 0.05% |
| University of Pittsburgh-of the Commonwealth System of Higher Education 5%, due Apr 15, 2032 | 0.05% | 0.11% | 0.05% |
| Commonwealth Financing Authority 5%, due Jun 1, 2030 | 0.05% | 0.07% | 0.05% |
| New Jersey Economic Development Authority 5%, due Jun 15, 2032 | 0.05% | 0.10% | 0.05% |
| City of San Antonio TX Electric & Gas Systems Revenue 5%, due Feb 1, 2033 | 0.09% | 0.05% | 0.05% |
| New York City Transitional Finance Authority Future Tax Secured Revenue 5%, due Nov 1, 2033 | 0.05% | 0.06% | 0.05% |
| New Jersey Transportation Trust Fund Authority 5%, due Dec 15, 2032 | 0.30% | 0.04% | 0.04% |
| State of Minnesota 5%, due Aug 1, 2032 | 0.11% | 0.04% | 0.04% |
| Nebraska Public Power District 5%, due Jul 1, 2031 | 0.04% | 0.06% | 0.04% |
| State of Illinois 5%, due Jul 1, 2032 | 0.07% | 0.04% | 0.04% |
| State of California 5%, due Aug 1, 2029 | 0.09% | 0.04% | 0.04% |
| New York State Dormitory Authority 5%, due Mar 15, 2033 | 0.08% | 0.04% | 0.04% |
| State of California 5%, due Aug 1, 2028 | 0.08% | 0.04% | 0.04% |
| City of New York NY 5%, due Aug 1, 2032 | 0.22% | 0.04% | 0.04% |
| City of New York NY 5%, due Aug 1, 2032 | 0.07% | 0.04% | 0.04% |
| New York City Transitional Finance Authority Future Tax Secured Revenue 5%, due May 1, 2033 | 0.07% | 0.04% | 0.04% |
| State of Illinois 5%, due Feb 1, 2033 | 0.04% | 0.06% | 0.04% |
| City of San Antonio TX Electric & Gas Systems Revenue 3.2%, due Feb 1, 2055 | 0.05% | 0.04% | 0.04% |
| Massachusetts Development Finance Agency 5%, due Feb 15, 2031 | 0.04% | 0.14% | 0.04% |
| Metropolitan Transportation Authority 5%, due Nov 15, 2030 | 0.04% | 0.05% | 0.04% |
| School District of Broward County/FL 5%, due Jul 1, 2031 | 0.05% | 0.04% | 0.04% |
| METROPOLITAN TRANSN AUTH N Y R REF GREEN BDS 2026A, due Nov 15, 2029 | 0.04% | 0.05% | 0.04% |
| School District of Broward County/FL 5%, due Jul 1, 2033 | 0.42% | 0.03% | 0.03% |
| City of New York NY 5%, due Aug 1, 2030 | 0.03% | 0.05% | 0.03% |
| City of San Antonio TX Electric & Gas Systems Revenue 3%, due Feb 1, 2055 | 0.08% | 0.03% | 0.03% |
| Dallas Area Rapid Transit 5%, due Dec 1, 2032 | 0.43% | 0.03% | 0.03% |
| Chicago O'Hare International Airport 5%, due Jan 1, 2033 | 0.04% | 0.03% | 0.03% |
| Los Angeles Department of Water & Power 5%, due Jul 1, 2031 | 0.03% | 0.04% | 0.03% |
| City of New York NY 5%, due Aug 1, 2033 | 0.07% | 0.03% | 0.03% |
| City of New York NY 5%, due Aug 1, 2031 | 0.04% | 0.03% | 0.03% |
| Triborough Bridge & Tunnel Authority 5%, due Nov 15, 2033 | 0.03% | 0.09% | 0.03% |
| City of San Antonio TX Electric & Gas Systems Revenue 3.5%, due Feb 1, 2056 | 0.10% | 0.03% | 0.03% |
| City of New York NY 5%, due Aug 1, 2031 | 0.04% | 0.03% | 0.03% |
| County of Cook IL 5%, due Nov 15, 2032 | 0.05% | 0.03% | 0.03% |
| State of Connecticut 5%, due Oct 15, 2028 | 0.03% | 0.03% | 0.03% |
| Houston Independent School District 5%, due Jul 15, 2045 | 0.03% | 0.02% | 0.02% |
| Northside Independent School District 3.1%, due Aug 1, 2053 | 0.03% | 0.02% | 0.02% |
| State of Illinois 5%, due Mar 1, 2033 | 0.07% | 0.02% | 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.