GSY vs FTSM: Holdings Overlap
GSYInvesco Ultra Short Duration ETF
Invesco · 381 holdings · $3.9B · as of 2026-04-30
FTSMFirst Trust Enhanced Short Maturity ETF
First Trust · 622 holdings · $6.5B · as of 2026-04-30
How similar are GSY and FTSM?
Invesco Ultra Short Duration ETF (GSY, by Invesco) holds 381 positions; First Trust Enhanced Short Maturity ETF (FTSM, by First Trust) holds 622. They have 49 holdings in common, and by portfolio weight the two funds are 7.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 49GSY holds 381 · FTSM holds 622
- Weight in Shared Holdings
- GSY 12%·FTSM 9%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 GSY
332 of 381 positions (85.1% of the fund) are not held by FTSM. Showing the top 30 by weight.
- American Tower Corp.0.74%
- Jefferies Financial Group Inc.0.72%
- U.S. Treasury Notes/Bonds0.71%
- Oracle Corp.0.71%
- Brunswick Corp.0.69%
- Global Payments Inc.0.63%
Only in FTSM
573 of 622 positions (76.8% of the fund) are not held by GSY. Showing the top 30 by weight.
- U.S. Treasury Notes0.98%
- Huntington National Bank (The)0.55%
- T-Mobile USA, Inc.0.54%
- PRA Health Sciences Inc0.53%
- CRH America Finance, Inc.0.51%
- Willis North America, Inc.0.49%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| GSY | +0.4% | +2.4% | +4.3% | +5.3% | +3.8% | +3.0% | 4.25% |
| FTSM | +0.4% | +2.1% | +4.0% | +4.8% | +3.6% | +2.6% | 4.12% |
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 GSY vs FTSM →
Shared Holdings(49)
The top 10 shared positions account for 44% of the overlap, led by Haleon US Capital LLC, Kinder Morgan, Inc. and AT&T, Inc..
| Haleon US Capital LLC | 0.72% | 0.54% | 0.54% |
|---|---|---|---|
| Kinder Morgan, Inc. | 0.36% | 0.52% | 0.36% |
| AT&T, Inc. | 0.58% | 0.34% | 0.34% |
| Goldman Sachs Group, Inc. (The) | 0.46% | 0.32% | 0.32% |
| VMware LLC | 0.32% | 0.46% | 0.32% |
| UBS AG/Stamford CT | 0.43% | 0.31% | 0.31% |
| Salesforce, Inc. | 0.32% | 0.31% | 0.31% |
| Oracle Corp. | 0.26% | 0.31% | 0.26% |
| PNC Bank, N.A. | 0.24% | 0.31% | 0.24% |
| L3Harris Technologies, Inc. | 0.32% | 0.24% | 0.24% |
| Enbridge, Inc. | 0.24% | 0.24% | 0.24% |
| Lloyds Banking Group PLC | 0.42% | 0.24% | 0.24% |
| PNC Financial Services Group, Inc. (The) | 0.24% | 0.28% | 0.24% |
| Energy Transfer L.P. | 0.58% | 0.23% | 0.23% |
| Spectra Energy Partners, L.P. | 0.23% | 0.34% | 0.23% |
| Constellation Energy Generation, LLC | 0.29% | 0.23% | 0.23% |
| American Express Co. | 0.29% | 0.23% | 0.23% |
| AT&T, Inc. | 0.20% | 0.17% | 0.17% |
| Novartis Capital Corp. | 0.26% | 0.16% | 0.16% |
| Citigroup, Inc. | 0.35% | 0.16% | 0.16% |
| Keurig Dr Pepper Inc. | 0.35% | 0.16% | 0.16% |
| Truist Bank | 0.58% | 0.16% | 0.16% |
| Howmet Aerospace, Inc. | 0.49% | 0.15% | 0.15% |
| Canadian Imperial Bank of Commerce | 0.29% | 0.15% | 0.15% |
| American Honda Finance Corp. | 0.35% | 0.14% | 0.14% |
Frequently Asked Questions
How much do GSY and FTSM overlap?
GSY and FTSM overlap by 7.4% of portfolio weight. They share 49 holdings (GSY holds 381 positions and FTSM holds 622), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GSY and FTSM?
The two portfolios are 7.4% 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 GSY and FTSM?
The largest positions held by both funds are Haleon US Capital LLC, Kinder Morgan, Inc., AT&T, Inc., Goldman Sachs Group, Inc. (The) and VMware LLC. Together the top 10 shared positions account for 44% of the total overlap.
What does GSY own that FTSM doesn't?
332 positions (85.1% of GSY) are unique to GSY, led by American Tower Corp., Jefferies Financial Group Inc. and U.S. Treasury Notes/Bonds. In the other direction, 573 positions (76.8% of FTSM) are unique to FTSM.