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
4518 holdings in all 2 funds| Fund | VTEB | VTEI | Positions | Holdings |
|---|---|---|---|---|
| VTEBVanguard Tax-Exempt Bond Index Fund | — | 29% 4518 shared |
11,154 | as of Sep 30, 2026issuer data |
| VTEIVanguard Intermediate-Term Tax-Exempt Bond ETF | 29% 4518 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
29.1% common weight| Holding | VTEB | VTEI | Smallest |
|---|---|---|---|
| State of California 5%, due Aug 1, 2029 | 0.14% | 0.28% | 0.14% |
| Ohio State University/The 5%, due Jun 1, 2035 | 0.12% | 0.18% | 0.12% |
| University of California 5%, due May 15, 2036 | 0.10% | 0.10% | 0.10% |
| State of Idaho 4%, due Jun 30, 2027 | 0.10% | 0.10% | 0.10% |
| Dallas Independent School District 5%, due Feb 15, 2056 | 0.09% | 0.13% | 0.09% |
| Texas Department of Transportation State Highway Fund 5%, due Apr 1, 2032 | 0.09% | 0.09% | 0.09% |
| New Jersey Educational Facilities Authority 5%, due Jul 1, 2064 | 0.08% | 0.11% | 0.08% |
| New Jersey Turnpike Authority 5%, due Jan 1, 2054 | 0.08% | 0.07% | 0.07% |
| Ohio Water Development Authority Water Pollution Control Loan Fund 5%, due Dec 1, 2035 | 0.07% | 0.08% | 0.07% |
| Tohopekaliga Water Authority 5%, due Oct 1, 2030 | 0.07% | 0.16% | 0.07% |
| State of Illinois 5%, due Nov 1, 2029 | 0.07% | 0.07% | 0.07% |
| State of Wisconsin 5%, due May 1, 2038 | 0.10% | 0.07% | 0.07% |
| University of California 5%, due May 15, 2030 | 0.06% | 0.07% | 0.06% |
| Los Angeles Department of Water & Power Water System Revenue 5%, due Jan 1, 2030 | 0.07% | 0.06% | 0.06% |
| State of New Jersey 4%, due Jun 1, 2030 | 0.06% | 0.11% | 0.06% |
| Alabama Toll Road Bridge and Tunnel Authority 5%, due Oct 1, 2032 | 0.06% | 0.10% | 0.06% |
| State of California 5%, due Aug 1, 2030 | 0.06% | 0.10% | 0.06% |
| State of New Jersey 5%, due Jun 1, 2029 | 0.06% | 0.09% | 0.06% |
| New Jersey Turnpike Authority 5%, due Jan 1, 2032 | 0.06% | 0.06% | 0.06% |
| Massachusetts Development Finance Agency 5%, due Feb 15, 2033 | 0.06% | 0.06% | 0.06% |
| Illinois State Toll Highway Authority 5%, due Jan 1, 2045 | 0.10% | 0.06% | 0.06% |
| New York State Thruway Authority 5%, due Sep 15, 2046 | 0.06% | 0.07% | 0.06% |
| Chicago Board of Education Dedicated Capital Improvement Tax 6%, due Apr 1, 2046 | 0.05% | 0.10% | 0.05% |
| Bay Area Toll Authority 5%, due Apr 1, 2061 | 0.05% | 0.11% | 0.05% |
| New York State Thruway Authority 5%, due Sep 15, 2035 | 0.07% | 0.05% | 0.05% |
| New York State Thruway Authority 5%, due Sep 15, 2034 | 0.07% | 0.05% | 0.05% |
| State of Maryland 5%, due Jun 1, 2038 | 0.07% | 0.05% | 0.05% |
| Los Angeles Unified School District/CA 5%, due Jul 1, 2031 | 0.05% | 0.10% | 0.05% |
| State of California 5%, due Aug 1, 2046 | 0.05% | 0.05% | 0.05% |
| State of Maryland 5%, due Jun 1, 2039 | 0.06% | 0.05% | 0.05% |
| Houston Higher Education Finance Corp 5%, due May 15, 2034 | 0.06% | 0.05% | 0.05% |
| State of Connecticut Special Tax Revenue 5.25%, due Jul 1, 2041 | 0.06% | 0.05% | 0.05% |
| Triborough Bridge & Tunnel Authority 5%, due Feb 1, 2028 | 0.08% | 0.05% | 0.05% |
| New York State Thruway Authority 5%, due Jan 1, 2039 | 0.05% | 0.05% | 0.05% |
| Los Angeles Unified School District/CA 5%, due Jul 1, 2033 | 0.05% | 0.05% | 0.05% |
| Connecticut State Health & Educational Facilities Authority 5%, due Jul 1, 2064 | 0.05% | 0.13% | 0.05% |
| State of Maryland 5%, due Jun 1, 2036 | 0.08% | 0.05% | 0.05% |
| Metropolitan Transportation Authority Dedicated Tax Fund 5%, due Nov 15, 2036 | 0.05% | 0.07% | 0.05% |
| City of Los Angeles CA 5%, due Jun 24, 2027 | 0.05% | 0.24% | 0.05% |
| Massachusetts Development Finance Agency 5%, due May 15, 2055 | 0.05% | 0.07% | 0.05% |
| State of California 5%, due Aug 1, 2043 | 0.05% | 0.06% | 0.05% |
| University of California 5.25%, due May 15, 2040 | 0.05% | 0.10% | 0.05% |
| School District of Philadelphia/The 5%, due Sep 1, 2028 | 0.05% | 0.05% | 0.05% |
| State of New Jersey 5%, due Jun 1, 2028 | 0.05% | 0.05% | 0.05% |
| School District of Philadelphia/The 5%, due Jun 30, 2027 | 0.05% | 0.05% | 0.05% |
| Hudson Yards Infrastructure Corp 5%, due Feb 15, 2042 | 0.05% | 0.09% | 0.05% |
| New York State Dormitory Authority 5%, due Mar 15, 2046 | 0.05% | 0.05% | 0.05% |
| State of Texas 2.8%, due Oct 1, 2041 | 0.06% | 0.05% | 0.05% |
| New Jersey Transportation Trust Fund Authority 5%, due Jun 15, 2032 | 0.05% | 0.05% | 0.05% |
| New Jersey Transportation Trust Fund Authority 5%, due Jun 15, 2035 | 0.05% | 0.07% | 0.05% |
| Private Colleges & Universities Authority 5%, due Sep 1, 2033 | 0.04% | 0.06% | 0.04% |
| Massachusetts Development Finance Agency 5%, due Oct 1, 2042 | 0.04% | 0.09% | 0.04% |
| Washington Metropolitan Area Transit Authority 5%, due Jul 1, 2042 | 0.04% | 0.05% | 0.04% |
| Iowa Finance Authority 5%, due Aug 1, 2034 | 0.04% | 0.04% | 0.04% |
| Metropolitan Transportation Authority 4%, due Nov 15, 2042 | 0.04% | 0.04% | 0.04% |
| State of Maryland 5%, due Jun 1, 2041 | 0.04% | 0.10% | 0.04% |
| Long Island Power Authority 3%, due Sep 1, 2055 | 0.04% | 0.17% | 0.04% |
| New York State Dormitory Authority 5%, due Oct 1, 2035 | 0.04% | 0.05% | 0.04% |
| State of California 5%, due Aug 1, 2030 | 0.05% | 0.04% | 0.04% |
| City of New York NY 5%, due Aug 1, 2031 | 0.04% | 0.04% | 0.04% |
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.