{
  "page": "compare",
  "query": {
    "a": "ACFIX",
    "b": "SCYB"
  },
  "retrieved_at": "2026-07-07T16:40:22+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "WATER ISLAND CREDIT OPPORTUNITIES FUND",
    "ticker": "ACFIX",
    "slug": "ACFIX",
    "series_id": "S000039281",
    "html_url": "https://fundwatcher.app/funds/ACFIX/"
  },
  "fund_b": {
    "name": "Schwab High Yield Bond ETF",
    "ticker": "SCYB",
    "slug": "SCYB",
    "series_id": "S000080101",
    "html_url": "https://fundwatcher.app/funds/SCYB/"
  },
  "overlap": {
    "coverage_a_by_b": "0.04679976843565448741203459443",
    "coverage_b_by_a": "0.04679976843565448741203459443",
    "shared_count": 16,
    "as_of": {
      "a": "2026-02-28",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "MORGAN STANLEY PRIME BROKER US",
        "value": "11555949.93",
        "weight": "0.07117988",
        "shared": false
      },
      {
        "name": "Hologic, Inc.",
        "value": "7461090.00",
        "weight": "0.04595723",
        "shared": true
      },
      {
        "name": "FYBR 8.75 05/15/30 144A",
        "value": "6605885.45",
        "weight": "0.04068953",
        "shared": false
      },
      {
        "name": "GTLS 7.5 01/01/30 144A",
        "value": "6393887.31",
        "weight": "0.03938370",
        "shared": true
      },
      {
        "name": "Exact Sciences Corporation",
        "value": "6231000.00",
        "weight": "0.03838039",
        "shared": false
      },
      {
        "name": "SEE 6.125 02/01/28 144A",
        "value": "6083358.00",
        "weight": "0.03747097",
        "shared": true
      },
      {
        "name": "CSG SYSTEMS INTL INC CONV 3.875% 09/15/2028",
        "value": "6072500.00",
        "weight": "0.03740409",
        "shared": false
      },
      {
        "name": "State Street Navigator Securities Lending Portfolio II",
        "value": "5957219.32",
        "weight": "0.03669401",
        "shared": true
      },
      {
        "name": "MSILF-GOVT-INS",
        "value": "5957219.29",
        "weight": "0.03669401",
        "shared": false
      },
      {
        "name": "SATS 6.75 11/30/30",
        "value": "5157956.12",
        "weight": "0.03177088",
        "shared": false
      },
      {
        "name": "LYV 6.5 05/15/27 144A",
        "value": "5023700.00",
        "weight": "0.03094392",
        "shared": true
      },
      {
        "name": "CONFLUENT INC ZERO COUPON 01/15/2027",
        "value": "4890000.00",
        "weight": "0.03012038",
        "shared": false
      },
      {
        "name": "KENNEDY-WILSON INC SR UNSEC 5.0% 03-01-31",
        "value": "4807107.42",
        "weight": "0.02960980",
        "shared": true
      },
      {
        "name": "BSY 0.375 07/01/27",
        "value": "4770000.00",
        "weight": "0.02938123",
        "shared": false
      },
      {
        "name": "NUTANIX INC SR UNSECURED 12/29 0.5",
        "value": "4597500.00",
        "weight": "0.02831870",
        "shared": false
      },
      {
        "name": "ORGANON / ORGANON 4.125%",
        "value": "4426329.96",
        "weight": "0.02726436",
        "shared": true
      },
      {
        "name": "REDFIN CORP SR UNSECURED 04/27 0.5",
        "value": "4297500.00",
        "weight": "0.02647082",
        "shared": false
      },
      {
        "name": "TXNM ENERGY INC JR SUBORDINA 06/54 5.75",
        "value": "4032152.49",
        "weight": "0.02483639",
        "shared": false
      },
      {
        "name": "ZSCALER INC SR UNSECURED 144A 07/28 0.0000",
        "value": "3664000.00",
        "weight": "0.02256873",
        "shared": false
      },
      {
        "name": "WESCO Distribution Inc",
        "value": "3525532.50",
        "weight": "0.02171582",
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      },
      {
        "name": "TGNA 5 09/15/29",
        "value": "3469712.11",
        "weight": "0.02137199",
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      },
      {
        "name": "BLCOCN 8 3/8 10/01/28",
        "value": "3415480.00",
        "weight": "0.02103795",
        "shared": true
      },
      {
        "name": "CLEAR CHANNEL OUTDOOR HO REGD 144A P/P 7.50000000",
        "value": "3325510.24",
        "weight": "0.02048377",
        "shared": true
      },
      {
        "name": "Calpine Corp.",
        "value": "3301776.24",
        "weight": "0.02033758",
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      },
      {
        "name": "HALOZYME THERAPEUTICS INC CONV 0.25% 03/01/2027",
        "value": "3219375.00",
        "weight": "0.01983002",
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      },
      {
        "name": "Dynavax Technologies Corp.",
        "value": "3138000.00",
        "weight": "0.01932878",
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      },
      {
        "name": "BlackLine, Inc.",
        "value": "3061787.00",
        "weight": "0.01885934",
        "shared": false
      },
      {
        "name": "TYLER TECHNOLOGIES INC SR UNSECURED 03/26 0.25",
        "value": "2994000.00",
        "weight": "0.01844180",
        "shared": false
      },
      {
        "name": "EMRLD Borrower LP Term Loan B",
        "value": "2707459.26",
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        "shared": false
      },
      {
        "name": "VRNS 1 09/15/29",
        "value": "2689500.00",
        "weight": "0.01656621",
        "shared": false
      },
      {
        "name": "Itron, Inc.",
        "value": "2478750.00",
        "weight": "0.01526808",
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      },
      {
        "name": "Rapid7, Inc.",
        "value": "2350000.00",
        "weight": "0.01447503",
        "shared": false
      },
      {
        "name": "US STEEL CORP",
        "value": "2295939.37",
        "weight": "0.01414204",
        "shared": true
      },
      {
        "name": "Rand Parent LLC, Term Loan B",
        "value": "1998583.08",
        "weight": "0.01231045",
        "shared": false
      },
      {
        "name": "SURGERY CENTER HOLDINGS REGD 144A P/P 7.25000000",
        "value": "1997573.60",
        "weight": "0.01230423",
        "shared": true
      },
      {
        "name": "GTLS 9.5 01/01/31 144A",
        "value": "1859782.18",
        "weight": "0.01145549",
        "shared": true
      },
      {
        "name": "RPD 1.25 03/15/29",
        "value": "1808906.25",
        "weight": "0.01114212",
        "shared": false
      },
      {
        "name": "Gladstone Capital Corp",
        "value": "1337094.40",
        "weight": "0.00823595",
        "shared": false
      },
      {
        "name": "KENNEDY-WILSON INC SR UNSEC 4.75% 02-01-30",
        "value": "1183296.30",
        "weight": "0.00728862",
        "shared": true
      },
      {
        "name": "SWAP MORGAN STANLEY COC",
        "value": "1180000.00",
        "weight": "0.00726831",
        "shared": false
      },
      {
        "name": "CLEAR CHANNEL OUTDOOR HO REGD 144A P/P 7.75000000",
        "value": "1007936.00",
        "weight": "0.00620847",
        "shared": true
      },
      {
        "name": "PUT SPDR S&P 500 ETF 01/16/2026 P643",
        "value": "18200.00",
        "weight": "0.00011210",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "State Street Navigator Securities Lending Portfolio II",
        "value": "95360407.74",
        "weight": "0.03945207",
        "shared": true
      },
      {
        "name": "1261229 BC Ltd",
        "value": "10752694.48",
        "weight": "0.00444856",
        "shared": false
      },
      {
        "name": "EchoStar Corp",
        "value": "7390924.86",
        "weight": "0.00305774",
        "shared": false
      },
      {
        "name": "Cloud Software Group, Inc.",
        "value": "6192580.02",
        "weight": "0.00256197",
        "shared": false
      },
      {
        "name": "QUIKRETE HOLDINGS INC SR SECURED 144A 03/32 6.375",
        "value": "5503404.82",
        "weight": "0.00227684",
        "shared": false
      },
      {
        "name": "ASURION LLC/CO",
        "value": "5427037.30",
        "weight": "0.00224525",
        "shared": false
      },
      {
        "name": "Cloud Software Group Inc",
        "value": "5387971.28",
        "weight": "0.00222909",
        "shared": false
      },
      {
        "name": "CORPBOND",
        "value": "5353598.62",
        "weight": "0.00221487",
        "shared": false
      },
      {
        "name": "Venture Global LNG, Inc.",
        "value": "5274399.55",
        "weight": "0.00218210",
        "shared": false
      },
      {
        "name": "WULF COMPUTE LLC SR SECURED 144A 10/30 7.75",
        "value": "5151561.41",
        "weight": "0.00213128",
        "shared": false
      },
      {
        "name": "Carnival Corp.",
        "value": "4819109.26",
        "weight": "0.00199374",
        "shared": false
      },
      {
        "name": "Medline Borrower, L.P.",
        "value": "4800737.74",
        "weight": "0.00198614",
        "shared": false
      },
      {
        "name": "WarnerMedia Holdings, Inc.",
        "value": "4767210.00",
        "weight": "0.00197227",
        "shared": false
      },
      {
        "name": "Jane Street Group / JSG Finance Inc.",
        "value": "4749639.91",
        "weight": "0.00196500",
        "shared": false
      },
      {
        "name": "EMRLD Borrower L.P./ Emerald Co-Issuer Inc.",
        "value": "4658957.52",
        "weight": "0.00192748",
        "shared": false
      },
      {
        "name": "CHTR 4.75 03/01/30 144A",
        "value": "4657271.56",
        "weight": "0.00192679",
        "shared": false
      },
      {
        "name": "CHTR 5 02/01/28 144A",
        "value": "4563932.78",
        "weight": "0.00188817",
        "shared": false
      },
      {
        "name": "CHTR 4.25 02/01/31 144A",
        "value": "4555870.07",
        "weight": "0.00188483",
        "shared": false
      },
      {
        "name": "CCO Holdings, LLC/CCO Holdings Capital Corp.",
        "value": "4478479.61",
        "weight": "0.00185282",
        "shared": false
      },
      {
        "name": "NLSN 9.29% Secured Nts due 2029 144A",
        "value": "4378355.78",
        "weight": "0.00181139",
        "shared": false
      },
      {
        "name": "TransDigm, Inc.",
        "value": "4342217.96",
        "weight": "0.00179644",
        "shared": false
      },
      {
        "name": "TIHLLC 7 1/8 06/01/31",
        "value": "4330874.03",
        "weight": "0.00179175",
        "shared": false
      },
      {
        "name": "DVA 4.625 06/01/30 144A",
        "value": "4319954.42",
        "weight": "0.00178723",
        "shared": false
      },
      {
        "name": "HUB International Ltd.",
        "value": "4297369.84",
        "weight": "0.00177789",
        "shared": false
      },
      {
        "name": "TransDigm, Inc.",
        "value": "4211424.95",
        "weight": "0.00174233",
        "shared": false
      },
      {
        "name": "ULTI 6.875 02/01/31 144A",
        "value": "4153290.78",
        "weight": "0.00171828",
        "shared": false
      },
      {
        "name": "DISH Network Corp",
        "value": "4075994.99",
        "weight": "0.00168630",
        "shared": false
      },
      {
        "name": "TRANSDIGM INC SR SECURED 144A 03/32 6.625",
        "value": "4012052.06",
        "weight": "0.00165985",
        "shared": false
      },
      {
        "name": "Venture Global LNG Inc",
        "value": "3971804.68",
        "weight": "0.00164320",
        "shared": false
      },
      {
        "name": "American Airlines Inc/AAdvantage Loyalty IP Ltd",
        "value": "3953832.08",
        "weight": "0.00163576",
        "shared": false
      },
      {
        "name": "TransDigm, Inc.",
        "value": "3903999.71",
        "weight": "0.00161514",
        "shared": false
      },
      {
        "name": "UNSEAM 7.875 02/15/31 144A",
        "value": "3873117.16",
        "weight": "0.00160237",
        "shared": false
      },
      {
        "name": "QXO BUILDING PRODUCTS SR SECURED 144A 04/32 6.75",
        "value": "3832332.38",
        "weight": "0.00158549",
        "shared": false
      },
      {
        "name": "Level 3 Financing, Inc.",
        "value": "3827280.15",
        "weight": "0.00158340",
        "shared": false
      },
      {
        "name": "VENTURE GLOBAL LNG INC SR SECURED 144A 06/28 8.125",
        "value": "3822087.65",
        "weight": "0.00158126",
        "shared": false
      },
      {
        "name": "Restaurant Brands International Limited Partnership",
        "value": "3782266.92",
        "weight": "0.00156478",
        "shared": false
      },
      {
        "name": "Venture Global Plaquemines LNG, LLC",
        "value": "3759027.93",
        "weight": "0.00155517",
        "shared": false
      },
      {
        "name": "WarnerMedia Holdings, Inc.",
        "value": "3754520.00",
        "weight": "0.00155330",
        "shared": false
      },
      {
        "name": "RAKUTN 9.75 04/15/29 144A",
        "value": "3688734.80",
        "weight": "0.00152609",
        "shared": false
      },
      {
        "name": "CCO Holdings LLC / CCO Holdings Capital Corp",
        "value": "3680407.01",
        "weight": "0.00152264",
        "shared": false
      },
      {
        "name": "Cloud Software Group, Inc.",
        "value": "3647163.48",
        "weight": "0.00150889",
        "shared": false
      },
      {
        "name": "Directv Financing LLC / Directv Financing Co-Obligor Inc.",
        "value": "3643757.83",
        "weight": "0.00150748",
        "shared": false
      },
      {
        "name": "APLD COMPUTECO LLC SR SECURED 144A 12/30 9.25",
        "value": "3642724.78",
        "weight": "0.00150705",
        "shared": false
      },
      {
        "name": "Carnival Corp.",
        "value": "3635889.66",
        "weight": "0.00150422",
        "shared": false
      },
      {
        "name": "NRG Energy Inc",
        "value": "3629157.05",
        "weight": "0.00150144",
        "shared": false
      },
      {
        "name": "Windstream Services LLC / Windstream Escrow Finance Corp.",
        "value": "3565365.48",
        "weight": "0.00147505",
        "shared": false
      },
      {
        "name": "Venture Global LNG, Inc.",
        "value": "3531439.59",
        "weight": "0.00146101",
        "shared": false
      },
      {
        "name": "CONNECT HOLDING II LLC SR SECURED 144A 04/31 10.5",
        "value": "3515432.90",
        "weight": "0.00145439",
        "shared": false
      },
      {
        "name": "STAPLES INC SR SECURED 144A 09/29 10.75",
        "value": "3437624.13",
        "weight": "0.00142220",
        "shared": false
      },
      {
        "name": "SS&C Technologies, Inc.",
        "value": "3363512.86",
        "weight": "0.00139154",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001410368-26-040980",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1105076/000141036826040980/0001410368-26-040980-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001410368-26-039949",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1454889/000141036826039949/0001410368-26-039949-index.htm"
    }
  ]
}