{
  "page": "compare",
  "query": {
    "a": "AOUAX",
    "b": "DHEAX"
  },
  "retrieved_at": "2026-07-07T16:20:14+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": "Angel Oak UltraShort Income Fund",
    "ticker": "AOUAX",
    "slug": "AOUAX",
    "series_id": "S000061509",
    "html_url": "https://fundwatcher.app/funds/AOUAX/"
  },
  "fund_b": {
    "name": "DIAMOND HILL SHORT DURATION SECURITIZED BOND",
    "ticker": "DHEAX",
    "slug": "DHEAX",
    "series_id": "S000055043",
    "html_url": "https://fundwatcher.app/funds/DHEAX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.03164430597297830219054109238",
    "coverage_b_by_a": "0.03164430597297830219054109238",
    "shared_count": 29,
    "as_of": {
      "a": "2026-01-31",
      "b": "2026-03-31"
    },
    "a_top": [
      {
        "name": "FIRST AMERICAN GOVERNMENT OBLIGATIONS FUND - CLASS U",
        "value": "20972721.57",
        "weight": "0.02577924",
        "shared": false
      },
      {
        "name": "BCC 2020-5A ARR 4/34",
        "value": "10812171.60",
        "weight": "0.01329010",
        "shared": false
      },
      {
        "name": "CIFC Funding Ltd., Series 2020-1A, Class A1R",
        "value": "10268368.00",
        "weight": "0.01262167",
        "shared": false
      },
      {
        "name": "Freddie Mac Multifamily Structured Pass Through Certificates",
        "value": "8740696.19",
        "weight": "0.01074389",
        "shared": false
      },
      {
        "name": "Freddie Mac Multifamily Structured Pass Through Certificates",
        "value": "8007355.49",
        "weight": "0.00984248",
        "shared": false
      },
      {
        "name": "Fannie Mae Pool",
        "value": "7941525.08",
        "weight": "0.00976156",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "7930880.08",
        "weight": "0.00974848",
        "shared": false
      },
      {
        "name": "BLKMM 2025-2A A CLO 144A FRN 11-21-33",
        "value": "7902346.30",
        "weight": "0.00971340",
        "shared": false
      },
      {
        "name": "Pagaya AI Debt Grantor Trust 2025-7",
        "value": "7004809.00",
        "weight": "0.00861017",
        "shared": false
      },
      {
        "name": "MULTIFAMILY PERMANENT MBS",
        "value": "6859495.70",
        "weight": "0.00843155",
        "shared": false
      },
      {
        "name": "MULTIFAMILY PERMANENT MBS",
        "value": "6467417.59",
        "weight": "0.00794962",
        "shared": false
      },
      {
        "name": "Freddie Mac Pool",
        "value": "6337166.65",
        "weight": "0.00778952",
        "shared": false
      },
      {
        "name": "Freddie Mac Multifamily Structured Pass Through Certificates",
        "value": "6302587.40",
        "weight": "0.00774701",
        "shared": false
      },
      {
        "name": "BCRED MML CLO 2022-1 LLC",
        "value": "6055404.34",
        "weight": "0.00744318",
        "shared": false
      },
      {
        "name": "Twin Brook Clo 2024-2 LLC",
        "value": "5500000.00",
        "weight": "0.00676049",
        "shared": false
      },
      {
        "name": "Freddie Mac Multifamily Structured Pass Through Certificates",
        "value": "5313435.65",
        "weight": "0.00653117",
        "shared": false
      },
      {
        "name": "Cerberus Loan Funding XL LLC",
        "value": "5010740.00",
        "weight": "0.00615910",
        "shared": false
      },
      {
        "name": "Freddie Mac Multifamily Structured Pass Through Certificates",
        "value": "5008815.00",
        "weight": "0.00615673",
        "shared": false
      },
      {
        "name": "Freddie Mac Multifamily Structured Pass Through Certificates",
        "value": "5006230.00",
        "weight": "0.00615356",
        "shared": false
      },
      {
        "name": "EART 2022-3A D",
        "value": "4917227.67",
        "weight": "0.00604416",
        "shared": false
      },
      {
        "name": "GS Mortgage-Backed Securities Trust, Series 2025-DSC2, Class A1",
        "value": "4906972.80",
        "weight": "0.00603155",
        "shared": true
      },
      {
        "name": "Trinitas CLO XIV Ltd., Series 2020-14A, Class A1R2",
        "value": "4800624.00",
        "weight": "0.00590083",
        "shared": false
      },
      {
        "name": "Freddie Mac Multifamily Structured Pass Through Certificates",
        "value": "4716256.09",
        "weight": "0.00579713",
        "shared": false
      },
      {
        "name": "PAGAYA AI DEBT SELECTION TRUST PAID 2025 5 C 144A",
        "value": "4518828.90",
        "weight": "0.00555445",
        "shared": false
      },
      {
        "name": "Freddie Mac Multifamily Structured Pass Through Certificates",
        "value": "4517731.48",
        "weight": "0.00555310",
        "shared": false
      },
      {
        "name": "CarVal CLO VI-C Ltd",
        "value": "4400000.00",
        "weight": "0.00540839",
        "shared": false
      },
      {
        "name": "Vista Point Securitization Trust, Series 2025-CES3, Class A1",
        "value": "4341815.08",
        "weight": "0.00533687",
        "shared": false
      },
      {
        "name": "FHMS K055 A2",
        "value": "4246831.58",
        "weight": "0.00522012",
        "shared": false
      },
      {
        "name": "Freddie Mac Multifamily Structured Pass Through Certificates",
        "value": "4174171.84",
        "weight": "0.00513081",
        "shared": false
      },
      {
        "name": "Freddie Mac Multifamily Structured Pass Through Certificates",
        "value": "4145774.38",
        "weight": "0.00509590",
        "shared": false
      },
      {
        "name": "TAOT 2024-D A3",
        "value": "4027199.20",
        "weight": "0.00495015",
        "shared": false
      },
      {
        "name": "Wells Fargo Commercial Mortgage Trust, Series 2025-VTT, Class C",
        "value": "4015684.00",
        "weight": "0.00493600",
        "shared": false
      },
      {
        "name": "Freddie Mac Multifamily Structured Pass Through Certificates",
        "value": "4014556.10",
        "weight": "0.00493461",
        "shared": false
      },
      {
        "name": "Towd Point Mortgage Trust 2025-CRM1",
        "value": "4008984.00",
        "weight": "0.00492776",
        "shared": false
      },
      {
        "name": "MFT 2023-3A D",
        "value": "3898308.14",
        "weight": "0.00479172",
        "shared": false
      },
      {
        "name": "SpringCastle America Funding LLC, Series 2020-AA, Class A",
        "value": "3874245.24",
        "weight": "0.00476214",
        "shared": false
      },
      {
        "name": "BRAVO Residential Funding Trust, Series 2024-CES2, Class A1A",
        "value": "3864407.41",
        "weight": "0.00475005",
        "shared": false
      },
      {
        "name": "Dryden CLO Ltd., Series 2018-61A, Class A1R2",
        "value": "3798301.04",
        "weight": "0.00466879",
        "shared": false
      },
      {
        "name": "VISTA POINT SECURITIZATION TRUST VSTA_25-CES2",
        "value": "3744760.61",
        "weight": "0.00460298",
        "shared": false
      },
      {
        "name": "Freddie Mac Multifamily Structured Pass Through Certificates",
        "value": "3739807.01",
        "weight": "0.00459689",
        "shared": false
      },
      {
        "name": "Towd Point Mortgage Trust, Series 2025-FIX1, Class A1",
        "value": "3732287.68",
        "weight": "0.00458765",
        "shared": false
      },
      {
        "name": "MULTIFAMILY PERMANENT MBS",
        "value": "3713710.27",
        "weight": "0.00456482",
        "shared": false
      },
      {
        "name": "KKR FINANCIAL CLO LTD KKR 18 A1R2 144A",
        "value": "3696743.95",
        "weight": "0.00454396",
        "shared": false
      },
      {
        "name": "Freddie Mac Multifamily Structured Pass Through Certificates",
        "value": "3650215.60",
        "weight": "0.00448677",
        "shared": false
      },
      {
        "name": "GREYWOLF CLO LTD GWOLF 2020 3RA A1R2 144A",
        "value": "3610834.94",
        "weight": "0.00443836",
        "shared": false
      },
      {
        "name": "SAIF Securitization Trust 2025-CES1",
        "value": "3599361.19",
        "weight": "0.00442426",
        "shared": false
      },
      {
        "name": "Freddie Mac Multifamily Structured Pass Through Certificates",
        "value": "3569516.85",
        "weight": "0.00438758",
        "shared": false
      },
      {
        "name": "XPO INC REGD 144A P/P 6.25000000",
        "value": "3557008.00",
        "weight": "0.00437220",
        "shared": false
      },
      {
        "name": "DT AUTO OWNER TRUST 2022 2",
        "value": "3556758.26",
        "weight": "0.00437189",
        "shared": false
      },
      {
        "name": "SOUND POINT CLO LTD SNDPT 2015 2A ARRR 144A",
        "value": "3537132.94",
        "weight": "0.00434777",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "State Street Navigator Securities Lending Portfolio II",
        "value": "211459777.93",
        "weight": "0.04118610",
        "shared": false
      },
      {
        "name": "US TREASURY N/B",
        "value": "48945312.50",
        "weight": "0.00953310",
        "shared": false
      },
      {
        "name": "GS Mortgage-Backed Securities Trust, Series 2025-NQM4, Class A1",
        "value": "41288007.22",
        "weight": "0.00804168",
        "shared": false
      },
      {
        "name": "Research-Driven Pagaya Motor Asset Trust, Series 2025-1A, Class A",
        "value": "40349324.79",
        "weight": "0.00785885",
        "shared": false
      },
      {
        "name": "Multifamily Structured Credit Risk Series 2021-MN2, Class M2",
        "value": "40192668.57",
        "weight": "0.00782834",
        "shared": false
      },
      {
        "name": "Pagaya AI Debt Grantor Trust 2026-1",
        "value": "39897956.00",
        "weight": "0.00777094",
        "shared": false
      },
      {
        "name": "LIFE MORTGAGE TRUST US",
        "value": "39463675.00",
        "weight": "0.00768635",
        "shared": false
      },
      {
        "name": "HTAP Trust Series 2024-2, Class A",
        "value": "39336881.68",
        "weight": "0.00766166",
        "shared": false
      },
      {
        "name": "Federal National Mortgage Association Pool MA6009",
        "value": "38745326.25",
        "weight": "0.00754644",
        "shared": false
      },
      {
        "name": "US TREASURY N/B",
        "value": "37565624.80",
        "weight": "0.00731667",
        "shared": false
      },
      {
        "name": "Government National Mortgage Association Pool DJ1189",
        "value": "34316832.64",
        "weight": "0.00668390",
        "shared": false
      },
      {
        "name": "LHOME Mortgage Trust, Series 2025-RTL1, Class A1",
        "value": "34113811.60",
        "weight": "0.00664436",
        "shared": false
      },
      {
        "name": "Federal National Mortgage Association Pool BM7901",
        "value": "33596167.41",
        "weight": "0.00654354",
        "shared": false
      },
      {
        "name": "MF1 LLC, Series 2026-FL21, Class A",
        "value": "32556127.50",
        "weight": "0.00634097",
        "shared": false
      },
      {
        "name": "UMBS",
        "value": "32289950.77",
        "weight": "0.00628913",
        "shared": false
      },
      {
        "name": "FS 2026-HULA A 144A FRN 03-15-41",
        "value": "31989990.40",
        "weight": "0.00623070",
        "shared": false
      },
      {
        "name": "RFT 2025-RR1 Trust",
        "value": "31360158.08",
        "weight": "0.00610803",
        "shared": false
      },
      {
        "name": "LHOME Mortgage Trust Series 2024-RTL3, Class A2",
        "value": "30133989.00",
        "weight": "0.00586921",
        "shared": false
      },
      {
        "name": "TVC Mortgage Trust Series 2024-RRTL1, Class A1",
        "value": "29059780.60",
        "weight": "0.00565998",
        "shared": false
      },
      {
        "name": "VISTA POINT SECURITIZATION TRUST 2026-CES1 VSTA 2026-CES1 A1",
        "value": "27295651.10",
        "weight": "0.00531638",
        "shared": false
      },
      {
        "name": "COLT Mortgage Loan Trust, Series 2025-6, Class A1",
        "value": "27105086.61",
        "weight": "0.00527927",
        "shared": false
      },
      {
        "name": "LHOME Mortgage Trust, Series 2024-RTL2, Class A1",
        "value": "26521854.55",
        "weight": "0.00516567",
        "shared": false
      },
      {
        "name": "Arbor Realty Commercial Real Estate Notes Ltd., Series 2021-FL4, Class D",
        "value": "26215738.88",
        "weight": "0.00510605",
        "shared": false
      },
      {
        "name": "Life Mortgage Trust, Series 2021-BMR, Class E",
        "value": "26163550.00",
        "weight": "0.00509588",
        "shared": false
      },
      {
        "name": "Fidelis Mortgage Trust Series 25-RTL1 Class A1",
        "value": "26139006.40",
        "weight": "0.00509110",
        "shared": false
      },
      {
        "name": "Government National Mortgage Association Pool DH9776",
        "value": "25792937.12",
        "weight": "0.00502370",
        "shared": false
      },
      {
        "name": "The Huntington National Bank Series 2025-2, Class B1",
        "value": "25774929.17",
        "weight": "0.00502019",
        "shared": false
      },
      {
        "name": "CMO",
        "value": "25719375.00",
        "weight": "0.00500937",
        "shared": false
      },
      {
        "name": "BX Trust Series 2024-AIRC, Class D",
        "value": "25150283.67",
        "weight": "0.00489853",
        "shared": false
      },
      {
        "name": "ROC Securities Trust Series 2025-RTL1, Class A1",
        "value": "25060982.50",
        "weight": "0.00488114",
        "shared": false
      },
      {
        "name": "US TREASURY N/B",
        "value": "24996054.75",
        "weight": "0.00486849",
        "shared": false
      },
      {
        "name": "Oportun Funding, LLC Series 2025-D, Class D",
        "value": "24779334.48",
        "weight": "0.00482628",
        "shared": false
      },
      {
        "name": "Pagaya AI Debt Selection Trust Series 25-5 Class B",
        "value": "24537560.98",
        "weight": "0.00477919",
        "shared": false
      },
      {
        "name": "Arbor Realty Commercial Real Estate Notes Ltd., Series 2021-FL4, Class C",
        "value": "24469709.60",
        "weight": "0.00476597",
        "shared": false
      },
      {
        "name": "PowerPay Issuance Trust, Series 2025-1A, Class A",
        "value": "24326534.30",
        "weight": "0.00473809",
        "shared": false
      },
      {
        "name": "Pagaya AI Debt Selection Trust Series 2025-8, Class B",
        "value": "24216347.25",
        "weight": "0.00471663",
        "shared": true
      },
      {
        "name": "ONITY LOAN INVESTMENT TRUST 2026 HB1",
        "value": "24213600.00",
        "weight": "0.00471609",
        "shared": false
      },
      {
        "name": "Genesis Sales Finance Master Trust Series 2024-B, Class C",
        "value": "23308465.35",
        "weight": "0.00453980",
        "shared": false
      },
      {
        "name": "Government National Mortgage Association Pool DJ1033",
        "value": "23296052.19",
        "weight": "0.00453738",
        "shared": false
      },
      {
        "name": "RFT TRUST, Series 2024-2, Class A1",
        "value": "23244278.22",
        "weight": "0.00452730",
        "shared": false
      },
      {
        "name": "CAFL 2026-R1 Issuer LLC",
        "value": "23148626.85",
        "weight": "0.00450867",
        "shared": false
      },
      {
        "name": "Farmer Mac Agricultural Real Estate Series 2025-2, Class A1",
        "value": "23003020.84",
        "weight": "0.00448031",
        "shared": false
      },
      {
        "name": "Saluda Grade Alternative Mortgage Trust, Series 2025-NPL1, Class A1",
        "value": "22960326.09",
        "weight": "0.00447199",
        "shared": true
      },
      {
        "name": "MULTIFAMILY CONNECTICUT AVENUE SECUR SER 2020-01 CL M10 V/R REGD 144A P/P 7.93628000",
        "value": "22943415.90",
        "weight": "0.00446870",
        "shared": false
      },
      {
        "name": "Government National Mortgage Association Pool G2 DJ1126",
        "value": "22238582.41",
        "weight": "0.00433142",
        "shared": false
      },
      {
        "name": "Research-Driven Pagaya Motor Asset Trust Series 2025-1A, Class C",
        "value": "22116033.35",
        "weight": "0.00430755",
        "shared": false
      },
      {
        "name": "Progress Residential Trust, Series 2024-SFR5, Class E1",
        "value": "20932650.99",
        "weight": "0.00407706",
        "shared": false
      },
      {
        "name": "Multifamily Connecticut Avenue Series 2024-01, Class M7",
        "value": "20638828.20",
        "weight": "0.00401983",
        "shared": false
      },
      {
        "name": "Homeward Opportunities Fund Trust, Series 2024-RRTL2, Class A1",
        "value": "20488200.05",
        "weight": "0.00399049",
        "shared": false
      },
      {
        "name": "WELLS FARGO CO",
        "value": "20318366.31",
        "weight": "0.00395742",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001193125-26-136731",
      "as_of": "2026-01-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1612930/000119312526136731/0001193125-26-136731-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0000910472-26-008516",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1032423/000091047226008516/0000910472-26-008516-index.htm"
    }
  ]
}