Mutual Fund Overlap Analyzer
Select 2-4 mutual funds to analyze common stock holdings and identify portfolio concentration risks.
📊 Select Funds to Compare (2-4)
📊 Overlap Matrix
🔗 Common Stock Holdings
🏭 Sector Concentration
💡 Recommendations
Frequently Asked Questions
Overlap occurs when two or more mutual funds hold the same stocks. High overlap means you're paying multiple expense ratios for essentially the same exposure. Ideally, overlap between two funds should be below 30%.
Below 20%: Low overlap (good diversification). 20-40%: Moderate overlap. 40-60%: High overlap (consider replacing one fund). Above 60%: Very high overlap (funds are nearly identical, one is redundant).
High overlap reduces diversification benefit, concentrates risk in same stocks, and increases cost (paying multiple expense ratios for same holdings). It also creates tax inefficiency as multiple funds may sell the same stock triggering capital gains in each.