{
  "page": "compare",
  "query": {
    "a": "ATEAX",
    "b": "HEGD"
  },
  "retrieved_at": "2026-07-07T18:06:06+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": "Anchor Risk Managed Equity Strategies Fund",
    "ticker": "ATEAX",
    "slug": "ATEAX",
    "series_id": "S000055029",
    "html_url": "https://fundwatcher.app/funds/ATEAX/"
  },
  "fund_b": {
    "name": "Swan Hedged Equity US Large Cap ETF",
    "ticker": "HEGD",
    "slug": "HEGD",
    "series_id": "S000070373",
    "html_url": "https://fundwatcher.app/funds/HEGD/"
  },
  "overlap": {
    "coverage_a_by_b": "0.3009790535928411772955144781",
    "coverage_b_by_a": "0.3009790535928411772955144781",
    "shared_count": 2,
    "as_of": {
      "a": "2026-02-28",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "OPTION",
        "value": "91093500.00",
        "weight": "0.68983570",
        "shared": false
      },
      {
        "name": "SPDR S&P 500 ETF Trust",
        "value": "39101430.00",
        "weight": "0.29610853",
        "shared": true
      },
      {
        "name": "FRST AM-GV OB-X",
        "value": "1352458.72",
        "weight": "0.01024194",
        "shared": true
      },
      {
        "name": "ZCS BRL 14.0087 05/12/25-01/04/27 CME",
        "value": "503619.96",
        "weight": "0.00381383",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "SPDR S&P 500 ETF Trust",
        "value": "549041700.36",
        "weight": "0.87822987",
        "shared": true
      },
      {
        "name": "US ULTRA BOND CBT Sep25",
        "value": "73081955.00",
        "weight": "0.11689960",
        "shared": false
      },
      {
        "name": "FRST AM-GV OB-X",
        "value": "3044898.50",
        "weight": "0.00487052",
        "shared": true
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000910472-26-005347",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1644419/000091047226005347/0000910472-26-005347-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0000894189-26-012507",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1683471/000089418926012507/0000894189-26-012507-index.htm"
    }
  ]
}