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It happens to all of us. We set out to build a diversified portfolio. We add ETF's with the goal of gaining diversification and instead we build a portfolio of holdings that mirror one another. That is how you define fund overlap.

In this episode I dive into fund overlap and share a free screening tool you can use to gauge your ETF holdings.

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Fund Overlap Screener
https://www.etfrc.com/funds/overlap.php