While it is tempting to speculate about these observations, we must acknowledge limitations and caveats of the present approach. Current methods for assessing genetic correlations are not well-suited for fine-mapping shared liability across disorders; other methods are better suited for this task, including extensions of GWAS that model multiple phenotypes simultaneously (Cotsapas et al. 2011; Wang et al. 2015; Porter & O’Reilly 2017; Turley et al. 2018). With respect to local genetic correlations, we have prioritized reporting of loci that co-localize with GW hits. However, this implies that the presence of the GW hit is contributing to the observed correlation, which we have not demonstrated presently. As such, our discussion of potentially pleiotropic loci and candidate genes should be considered anecdotal at this time. One indirect approach to assessing the role of GW hits in a local genetic correlation might be to re-estimate the local correlation after the removal of the smaller region of GW signal from the original datasets. When we conducted this analysis for the SZ-CD pair, we found that the number of significant loci (BH p <