Global climate models (GCMs) provide valuable forecasts of precipitation around the world. This paper has presented an in-depth investigation of the overlapping versus differing information for 2 sets of GCM forecasts based on the classic set operations. Specifically, by using the coefficient of determination to measure the amount of information of precipitation observations contained in GCM forecast, the common part of the 2 sets of forecasts is quantified by the intersection operation and the unique part of 1 set of forecasts is quantified by the difference operation. A case study is devised for the global precipitation forecasts in December-January-February generated by the Seamless System for Prediction and EArth System Research (SPEAR) and the Climate Forecast System version 2 (CFSv2). Their overlapping and differing information are diagnosed. It is found that significant information common to the 2 sets of forecasts exists over 54.61% of global land grid cells, significant information unique to SPEAR forecasts over 23.59% of global land grid cells, and significant information unique to CFSv2 forecasts over 18.15% of global land grid cells. While the information unique to the SPEAR forecasts suggests that the SPEAR forecasts provide new information compared to the CFSv2 forecasts and the information unique to the CFSv2 forecasts suggests that the CFSv2 forecasts also provide new information compared to the SPEAR forecasts, the common information of the 2 sets of forecasts indicates that they present substantial amount of similar information. Overall, the diagnosis of the overlapping and differing information for different sets of GCM forecasts yields insights into GCM predictive performances.