Terms of Service

Overlap Monitor (“the Service”) is operated by Anthony Jordan, an individual operating as a sole proprietor (“we”, “us”). By using the Service you agree to these terms. If you do not agree, do not use it.

1. This is not investment advice

We are not an investment adviser, broker, dealer, or financial planner, and nothing the Service produces is investment advice or a recommendation. We are not registered as an investment adviser with the U.S. Securities and Exchange Commission or with any state securities regulator.

The Service reports facts about the composition of funds: which securities a fund holds, at what weight, how two funds overlap, what a blended expense ratio comes to. It does not tell you what to buy, what to sell, what to hold, or what to switch. It does not evaluate whether any security or fund is suitable for you, does not know your circumstances, goals, tax position or risk tolerance, and does not take them into account.

Where the Service compares two funds — including on fees — that is an arithmetic comparison of published figures, not a suggestion that one is preferable. Where you set a threshold and we tell you it has been crossed, the threshold is yours: we are reporting that a limit you chose has been passed, not advising that it should have been set there or that you should do anything about it.

No fiduciary, advisory, or professional relationship is created between you and us by your use of the Service. You are solely responsible for your own investment decisions. Consider speaking with a licensed financial adviser, accountant or attorney before acting on anything you learn here.

2. The data, and its limits

Fund holdings come from files published by fund issuers and from filings made with the SEC. We do not create this data and we cannot guarantee it. Specifically, and without limiting the disclaimer in section 9:

• It is not real time. ETF holdings are refreshed nightly at best. Mutual fund and target-date fund holdings come from SEC N-PORT filings which are typically two to five months old. Some issuers publish only at month end. Every figure on the Service is labelled with the date of the data behind it; read that date.
• It may be wrong at the source. If an issuer publishes an incorrect holding, weight or expense ratio, the Service will faithfully report the incorrect figure.
• Coverage is partial. Funds we do not cover, and securities we cannot identify, are shown in a visible residual bucket rather than dropped — but they are still not analysed.
• The methods are approximations. The formulas are published in full on the methodology page. Read them before relying on any number.

Past composition is not a prediction of future composition, and nothing here predicts the performance of any security, fund or portfolio.

3. Who may use the Service

You must be at least 18 and able to form a binding contract. The Service is intended for users in the United States; we make no claim that it is appropriate or available elsewhere. You may not use the Service if you are barred from doing so under applicable law.

4. Your account

Most of the Service works with no account at all. If you create one, you are responsible for keeping your credentials secure and for activity under your account. Tell us promptly at ajdevelopment123@gmail.com if you believe it has been compromised.

The holdings you save are yours. We use them to produce your analysis, to recompute it on the schedule your plan includes, and to send the alerts you have asked for — and for nothing else. See the privacy policy.

5. Paid plans, automatic renewal, and cancellation

Paid plans are subscriptions. Before you pay, the checkout page shows the plan, the price, the billing interval and the renewal terms, and you must affirmatively agree to them.

• Automatic renewal. Pro is $14 per month or $120 per year. Your subscription renews automatically at the end of each billing period, at the then-current price for your plan, and your payment method is charged, until you cancel.
• Cancelling.You may cancel at any time, online, from your account page — it opens our payment processor’s billing portal, where cancellation takes the same couple of clicks that signing up did. No email, no phone call, no retention conversation.
• What happens when you cancel. You keep paid features until the end of the period you have already paid for, then move to the free tier. We do not delete your saved portfolios when a subscription ends: they remain visible and exportable, because they are your holdings. What stops is monitoring, alerts, and saving new ones.
• Reminders. Where required by law, we will send you a reminder before an annual subscription renews.
• Refunds. Cancellation stops future charges. If the Service was materially not what was described, contact us at ajdevelopment123@gmail.com and we will deal with it fairly. Nothing here limits any refund right you have under applicable law.
• Price changes. We may change prices. A change never affects a period you have already paid for, and we will give you notice before a renewal at a new price so that you can cancel first.

Payments are processed by Stripe. We never receive or store your card number. Taxes, where applicable, are your responsibility unless we are required to collect them.

6. Acceptable use

You agree not to:

• scrape, bulk-download, or systematically extract the fund holdings data behind the Service, or use it to build or train a competing dataset. The analysis is the product; the underlying issuer data is licensed to us for display, not for redistribution by you;
• resell, sublicense, or redistribute the Service’s output as a data feed, or present it as your own;
• circumvent rate limits, access controls, or the paid tiers; probe or attack the Service or its infrastructure;
• upload anything unlawful, or holdings data belonging to another person without their authority;
• use the Service to provide investment advice to others as if it were your own analysis.

Advisor-plan subscribers may show reports to their own clients — that is what the plan is for — and remain responsible for any advice they give based on them.

7. Our content and yours

The Service, its interface, its code and its methodology write-ups are ours. You get a limited, non-exclusive, non-transferable right to use them for your own purposes while these terms are in force.

Your holdings stay yours. You grant us only the permission needed to run the Service for you — to process, compute on, store and transmit them for the purposes described in the privacy policy. We claim no ownership of them and we do not sell them.

8. Third-party data and services

The Service depends on fund issuers, the SEC’s EDGAR system, market data sources, and infrastructure providers including Stripe, Clerk, Supabase, Vercel, Resend and PostHog. Fund names and tickers belong to their owners and are used to identify the funds they name; no affiliation, sponsorship or endorsement is implied by any issuer. We are not responsible for third-party services and their availability is outside our control.

9. No warranty

The Service is provided “as is” and “as available”. To the fullest extent permitted by law we disclaim all warranties, express or implied, including merchantability, fitness for a particular purpose, non-infringement, and any warranty as to accuracy, completeness, timeliness or availability. We do not warrant that the Service will be uninterrupted, error-free, or that any figure it reports is correct.

10. Limitation of liability

To the fullest extent permitted by law, we will not be liable for any indirect, incidental, special, consequential or punitive damages, or for any lost profits, lost investment returns, investment losses, trading losses, tax consequences, or loss of data, arising out of or relating to the Service — whether or not we were told such damages were possible.

Our total liability for all claims relating to the Service is limited to the greater of the amount you paid us in the twelve months before the claim arose, or one hundred US dollars ($100).

Some jurisdictions do not allow certain limitations, so parts of sections 9 and 10 may not apply to you. Nothing in these terms limits liability for fraud, or for anything else that cannot lawfully be limited.

11. Indemnity

You agree to indemnify and hold us harmless from claims and costs arising from your misuse of the Service, your breach of these terms, or your violation of law or of anyone else’s rights.

12. Changes, suspension and termination

We may change or discontinue features. If we change these terms materially we will post the new version with a new effective date and, for subscribers, give notice before the change applies to a renewal — so you can cancel first. Continuing to use the Service after a change takes effect means you accept it.

You may stop using the Service and delete your account at any time. We may suspend or terminate access for breach of these terms, or if we stop offering the Service, in which case we will refund any unused portion of a prepaid subscription.

13. Governing law and disputes

These terms are governed by the laws of the State of Maine, without regard to its conflict-of-laws rules. Any dispute will be brought in the state or federal courts located in Maine, and you and we consent to that jurisdiction. Nothing prevents either of us from bringing a qualifying claim in small claims court.

14. General

If any provision is unenforceable, the rest stands. Our not enforcing a provision is not a waiver of it. You may not assign these terms; we may assign them to a successor. These terms and the privacy policy are the entire agreement between us about the Service.

15. Contact

Anthony Jordan
ajdevelopment123@gmail.com