FTSM vs VNLA: Holdings Overlap
FTSMFirst Trust Enhanced Short Maturity ETF
First Trust · 622 holdings · $6.5B · as of 2026-04-30
VNLAJanus Henderson Short Duration Income ETF
Janus Henderson · 314 holdings · $3.4B · as of 2026-04-30
How similar are FTSM and VNLA?
First Trust Enhanced Short Maturity ETF (FTSM, by First Trust) holds 622 positions; Janus Henderson Short Duration Income ETF (VNLA, by Janus Henderson) holds 314. They have 33 holdings in common, and by portfolio weight the two funds are 6.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 33FTSM holds 622 · VNLA holds 314
- Weight in Shared Holdings
- FTSM 9%·VNLA 13%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in FTSM
589 of 622 positions (77.5% of the fund) are not held by VNLA. Showing the top 30 by weight.
- U.S. Treasury Notes0.98%
- Huntington National Bank (The)0.55%
- T-Mobile USA, Inc.0.54%
- Haleon US Capital LLC0.54%
- PRA Health Sciences Inc0.53%
- Kinder Morgan, Inc.0.52%
Only in VNLA
281 of 314 positions (77.0% of the fund) are not held by FTSM. Showing the top 30 by weight.
- Oracle Corp.1.02%
- Bank Australia Ltd.0.86%
- Atlas Warehouse Lending Co. LP0.81%
- Bank of America Corp., Series FIX0.77%
- Australia & New Zealand Banking Group Ltd.0.76%
- Atlas Warehouse Lending Co. LP0.75%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FTSM | +0.4% | +2.1% | +4.0% | +4.8% | +3.6% | +2.6% | 4.12% |
| VNLA | +0.4% | +2.2% | +4.4% | +5.5% | +3.9% | — | 4.74% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in FTSM vs VNLA →
Shared Holdings(33)
The top 10 shared positions account for 47% of the overlap, led by Aon North America, Inc., Universal Health Services, Inc. and Arthur J Gallagher & Co..
| Aon North America, Inc. | 0.47% | 0.40% | 0.40% |
|---|---|---|---|
| Universal Health Services, Inc. | 0.39% | 0.72% | 0.39% |
| Arthur J Gallagher & Co. | 0.36% | 0.47% | 0.36% |
| Amrize Finance US LLC | 0.35% | 0.45% | 0.35% |
| Energy Transfer L.P. | 0.33% | 0.42% | 0.33% |
| Amrize Finance US LLC | 0.45% | 0.32% | 0.32% |
| Goldman Sachs Group, Inc. (The) | 0.32% | 0.53% | 0.32% |
| UBS AG/Stamford CT | 0.31% | 0.49% | 0.31% |
| Wells Fargo & Co. | 0.24% | 0.25% | 0.24% |
| JPMorgan Chase & Co. | 0.24% | 0.49% | 0.24% |
| Danske Bank A/S | 0.24% | 0.42% | 0.24% |
| Morgan Stanley Bank NA | 0.24% | 1.36% | 0.24% |
| Wells Fargo & Co., Series W | 0.24% | 0.45% | 0.24% |
| Goldman Sachs Group, Inc. (The) | 0.23% | 0.78% | 0.23% |
| Morgan Stanley | 0.23% | 0.31% | 0.23% |
| VICI Properties LP / VICI Note Co Inc | 0.23% | 0.40% | 0.23% |
| Solventum Corp. | 0.48% | 0.21% | 0.21% |
| Vistra Operations Co. LLC | 0.21% | 0.54% | 0.21% |
| Smith & Nephew PLC | 0.43% | 0.20% | 0.20% |
| American Express Co. | 0.16% | 0.40% | 0.16% |
| Molex Electronic Technologies LLC | 0.16% | 0.79% | 0.16% |
| Enbridge, Inc. | 0.24% | 0.16% | 0.16% |
| Morgan Stanley Private Bank NA | 0.16% | 0.37% | 0.16% |
| Vistra Operations Co. LLC | 0.15% | 0.24% | 0.15% |
| Barclays PLC | 0.15% | 0.25% | 0.15% |
Frequently Asked Questions
How much do FTSM and VNLA overlap?
FTSM and VNLA overlap by 6.9% of portfolio weight. They share 33 holdings (FTSM holds 622 positions and VNLA holds 314), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FTSM and VNLA?
The two portfolios are 6.9% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of FTSM and VNLA?
The largest positions held by both funds are Aon North America, Inc., Universal Health Services, Inc., Arthur J Gallagher & Co., Amrize Finance US LLC and Energy Transfer L.P.. Together the top 10 shared positions account for 47% of the total overlap.
What does FTSM own that VNLA doesn't?
589 positions (77.5% of FTSM) are unique to FTSM, led by U.S. Treasury Notes, Huntington National Bank (The) and T-Mobile USA, Inc.. In the other direction, 281 positions (77.0% of VNLA) are unique to VNLA.