{
  "page": "compare",
  "query": {
    "a": "CDCDX",
    "b": "CARY"
  },
  "retrieved_at": "2026-07-07T18:46:16+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": "COMMUNITY DEVELOPMENT FUND",
    "ticker": "CDCDX",
    "slug": "CDCDX",
    "series_id": "S000051233",
    "html_url": "https://fundwatcher.app/funds/CDCDX/"
  },
  "fund_b": {
    "name": "Angel Oak Income ETF",
    "ticker": "CARY",
    "slug": "CARY",
    "series_id": "S000077753",
    "html_url": "https://fundwatcher.app/funds/CARY/"
  },
  "overlap": {
    "coverage_a_by_b": "0.02987606523367322066276842247",
    "coverage_b_by_a": "0.02987606523367322066276842247",
    "shared_count": 4,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-01-31"
    },
    "a_top": [
      {
        "name": "FHMS K-170 A2",
        "value": "8031000.12",
        "weight": "0.02437615",
        "shared": false
      },
      {
        "name": "FHMS K759 A2",
        "value": "6639224.80",
        "weight": "0.02015176",
        "shared": false
      },
      {
        "name": "US 10YR ULTRA FUT MAR26 FINANCIAL COMMODITY FUTURE.",
        "value": "6223359.38",
        "weight": "0.01888950",
        "shared": false
      },
      {
        "name": "FREDDIE MAC POOL FR WA2241",
        "value": "5406686.65",
        "weight": "0.01641068",
        "shared": false
      },
      {
        "name": "FHMS K-158 A2",
        "value": "5065401.12",
        "weight": "0.01537480",
        "shared": false
      },
      {
        "name": "FANNIE MAE POOL FN BS7623",
        "value": "5017652.45",
        "weight": "0.01522987",
        "shared": false
      },
      {
        "name": "FEDERAL HOME LN MTG MLT CTF GT SOFR30A+50 12/25/2030",
        "value": "4994115.32",
        "weight": "0.01515842",
        "shared": false
      },
      {
        "name": "FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFI SER K-172 CL A2 V/R 4.58100000",
        "value": "4990107.50",
        "weight": "0.01514626",
        "shared": true
      },
      {
        "name": "Federal National Mortgage Association-ACES",
        "value": "4957488.00",
        "weight": "0.01504725",
        "shared": false
      },
      {
        "name": "FANNIE MAE POOL FN BZ2242",
        "value": "4921058.69",
        "weight": "0.01493668",
        "shared": false
      },
      {
        "name": "GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2025-182 AE",
        "value": "4870141.04",
        "weight": "0.01478213",
        "shared": false
      },
      {
        "name": "Freddie Mac Multifamily Structured Pass Through Certificates",
        "value": "4291548.00",
        "weight": "0.01302595",
        "shared": false
      },
      {
        "name": "FREDDIE MAC POOL FR WA4823",
        "value": "4217642.42",
        "weight": "0.01280163",
        "shared": false
      },
      {
        "name": "FREDDIE MAC MULTIFAMILY VARIABLE RATE CERTIFICATE FMMV M071 A",
        "value": "3894695.98",
        "weight": "0.01182140",
        "shared": false
      },
      {
        "name": "FR WN0179",
        "value": "3789641.56",
        "weight": "0.01150254",
        "shared": false
      },
      {
        "name": "GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2024-193 AT",
        "value": "3677206.19",
        "weight": "0.01116127",
        "shared": false
      },
      {
        "name": "FANNIE MAE POOL FN CB2738",
        "value": "3636493.21",
        "weight": "0.01103769",
        "shared": false
      },
      {
        "name": "GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2023-92 AC",
        "value": "3571598.87",
        "weight": "0.01084072",
        "shared": false
      },
      {
        "name": "FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS KF141 AS",
        "value": "3379009.75",
        "weight": "0.01025616",
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      },
      {
        "name": "FHMS K-171 A2",
        "value": "3250912.17",
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      },
      {
        "name": "GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2026-16 AK",
        "value": "3132104.49",
        "weight": "0.00950674",
        "shared": false
      },
      {
        "name": "FRETE 2025-ML30 TRUST SER 2025-ML30 CL AUS V/R 4.66902500",
        "value": "3109470.28",
        "weight": "0.00943804",
        "shared": false
      },
      {
        "name": "FANNIE MAE POOL FN CC2272",
        "value": "3079880.45",
        "weight": "0.00934823",
        "shared": false
      },
      {
        "name": "GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2025-126 BC",
        "value": "3074480.08",
        "weight": "0.00933184",
        "shared": false
      },
      {
        "name": "GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2023-145 AH",
        "value": "3063586.20",
        "weight": "0.00929877",
        "shared": false
      },
      {
        "name": "MONEYMKT",
        "value": "3054679.12",
        "weight": "0.00927174",
        "shared": false
      },
      {
        "name": "FREDDIE MAC POOL FR WN5231",
        "value": "2999129.28",
        "weight": "0.00910313",
        "shared": false
      },
      {
        "name": "STWD Mortgage Trust, Series 2021-LIH, Class A",
        "value": "2996250.00",
        "weight": "0.00909439",
        "shared": false
      },
      {
        "name": "FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K526 AS",
        "value": "2990616.38",
        "weight": "0.00907729",
        "shared": false
      },
      {
        "name": "BX TRUST BX 2022 AHP B 144A",
        "value": "2950825.78",
        "weight": "0.00895652",
        "shared": false
      },
      {
        "name": "FEDERAL HOME LN MTG MLT CTF GT K-177 A2 VAR 01/25/2036",
        "value": "2924107.50",
        "weight": "0.00887542",
        "shared": false
      },
      {
        "name": "GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2025-109 LB",
        "value": "2909475.60",
        "weight": "0.00883101",
        "shared": false
      },
      {
        "name": "FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS Q030 A",
        "value": "2907308.01",
        "weight": "0.00882443",
        "shared": false
      },
      {
        "name": "FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS KJ53 AS",
        "value": "2899729.81",
        "weight": "0.00880143",
        "shared": false
      },
      {
        "name": "FANNIE MAE POOL FN AN7888",
        "value": "2894145.19",
        "weight": "0.00878448",
        "shared": false
      },
      {
        "name": "GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2024-12 AC",
        "value": "2893786.57",
        "weight": "0.00878339",
        "shared": false
      },
      {
        "name": "GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2025-16 AC",
        "value": "2758804.33",
        "weight": "0.00837368",
        "shared": false
      },
      {
        "name": "GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2023-44 AB",
        "value": "2706155.20",
        "weight": "0.00821388",
        "shared": false
      },
      {
        "name": "FANNIE MAE POOL FN BS7108",
        "value": "2704401.03",
        "weight": "0.00820855",
        "shared": false
      },
      {
        "name": "FANNIE MAE POOL FN BZ5493",
        "value": "2583924.96",
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      {
        "name": "GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2023-162 AC",
        "value": "2445893.93",
        "weight": "0.00742392",
        "shared": false
      },
      {
        "name": "Government National Mortgage Association REMICS",
        "value": "2383533.59",
        "weight": "0.00723464",
        "shared": false
      },
      {
        "name": "FANNIE MAE POOL FN CC2307",
        "value": "2374464.49",
        "weight": "0.00720711",
        "shared": false
      },
      {
        "name": "FANNIE MAE POOL FN BS6491",
        "value": "2363122.42",
        "weight": "0.00717268",
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      },
      {
        "name": "GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2025-16 AV",
        "value": "2323633.56",
        "weight": "0.00705283",
        "shared": false
      },
      {
        "name": "FREDDIE MAC POOL FR WA3283",
        "value": "2295546.08",
        "weight": "0.00696757",
        "shared": false
      },
      {
        "name": "FANNIE MAE POOL FN CB0268",
        "value": "2289887.25",
        "weight": "0.00695040",
        "shared": false
      },
      {
        "name": "GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2023-191 AD",
        "value": "2205008.36",
        "weight": "0.00669277",
        "shared": false
      },
      {
        "name": "BX TRUST",
        "value": "2119676.52",
        "weight": "0.00643376",
        "shared": false
      },
      {
        "name": "FREDDIE MAC MULTIFAMILY ML CERTIFICATES FRETE 2025-ML29 AUS",
        "value": "2068500.32",
        "weight": "0.00627843",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "FIRST AMERICAN GOVERNMENT OBLIGATIONS FUND - CLASS U",
        "value": "42527237.76",
        "weight": "0.05092637",
        "shared": false
      },
      {
        "name": "Freddie Mac Multifamily Structured Pass Through Certificates",
        "value": "13015977.00",
        "weight": "0.01558663",
        "shared": false
      },
      {
        "name": "iShares Broad USD High Yield Corporate Bond ETF",
        "value": "11574864.60",
        "weight": "0.01386090",
        "shared": false
      },
      {
        "name": "FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFI SER K-172 CL A2 V/R 4.58100000",
        "value": "11029601.00",
        "weight": "0.01320795",
        "shared": true
      },
      {
        "name": "FHMS K761 A2",
        "value": "10087790.00",
        "weight": "0.01208013",
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      },
      {
        "name": "Freddie Mac Multifamily Structured Pass Through Certificates",
        "value": "10012460.00",
        "weight": "0.01198992",
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      },
      {
        "name": "Unlock Hea Trust 2023-1 7%, Due 10/25/2038",
        "value": "9850170.00",
        "weight": "0.01179558",
        "shared": false
      },
      {
        "name": "FHMS K553 A2",
        "value": "7504380.00",
        "weight": "0.00898649",
        "shared": false
      },
      {
        "name": "FANNIE MAE POOL FN 09/49 FIXED 3",
        "value": "7469902.49",
        "weight": "0.00894521",
        "shared": false
      },
      {
        "name": "SYCAMORE TREE CLO 2023-3 LTD STCP 2023-3A BR",
        "value": "6454045.64",
        "weight": "0.00772872",
        "shared": false
      },
      {
        "name": "MFT 2023-1A D",
        "value": "6100210.73",
        "weight": "0.00730500",
        "shared": false
      },
      {
        "name": "Sequoia Mortgage Trust 2026-1",
        "value": "5976636.00",
        "weight": "0.00715702",
        "shared": false
      },
      {
        "name": "PRET 2025-RPL2 Trust",
        "value": "5951257.93",
        "weight": "0.00712663",
        "shared": false
      },
      {
        "name": "FNMA 30YR 5.5% 10/01/2053#CB7336",
        "value": "5542762.77",
        "weight": "0.00663746",
        "shared": false
      },
      {
        "name": "CPS Auto Receivables Trust 2024-A",
        "value": "5472232.48",
        "weight": "0.00655300",
        "shared": false
      },
      {
        "name": "Fannie Mae Pool",
        "value": "5433506.44",
        "weight": "0.00650662",
        "shared": false
      },
      {
        "name": "Bellemeade Re Ltd., Series 2025-1, Class M2",
        "value": "5306781.45",
        "weight": "0.00635487",
        "shared": false
      },
      {
        "name": "Extended Stay America Trust Series 22-ESH Class D",
        "value": "5060210.00",
        "weight": "0.00605960",
        "shared": false
      },
      {
        "name": "Brant Point CLO 2023-1 Ltd",
        "value": "5035300.00",
        "weight": "0.00602977",
        "shared": false
      },
      {
        "name": "FHMS K547 A2",
        "value": "5024555.00",
        "weight": "0.00601690",
        "shared": true
      },
      {
        "name": "Freddie Mac Multifamily Structured Pass Through Certificates",
        "value": "5020710.00",
        "weight": "0.00601230",
        "shared": false
      },
      {
        "name": "FR SL1634",
        "value": "4867674.99",
        "weight": "0.00582904",
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      },
      {
        "name": "ATLX Trust, Series 2024-RPL1, Class M1",
        "value": "4848275.00",
        "weight": "0.00580581",
        "shared": false
      },
      {
        "name": "MFT 2023-2A D",
        "value": "4597966.35",
        "weight": "0.00550606",
        "shared": false
      },
      {
        "name": "RCKT Mortgage Trust, Series 2021-5, Class A1",
        "value": "4548317.86",
        "weight": "0.00544661",
        "shared": false
      },
      {
        "name": "G2 MA8570",
        "value": "4405864.65",
        "weight": "0.00527602",
        "shared": false
      },
      {
        "name": "Freddie Mac Pool",
        "value": "4377289.62",
        "weight": "0.00524180",
        "shared": false
      },
      {
        "name": "Extended Stay America Trust Series 22-ESH Class E",
        "value": "4057272.00",
        "weight": "0.00485858",
        "shared": false
      },
      {
        "name": "Gallatin CLO XI 2024-1 Ltd",
        "value": "4034888.00",
        "weight": "0.00483178",
        "shared": false
      },
      {
        "name": "ICG US CLO 2023-1 I Ltd",
        "value": "4025056.00",
        "weight": "0.00482000",
        "shared": false
      },
      {
        "name": "AMMC CLO 32 Ltd",
        "value": "4013312.00",
        "weight": "0.00480594",
        "shared": false
      },
      {
        "name": "HPS Private Credit CLO 2024-2 LLC",
        "value": "4011076.00",
        "weight": "0.00480326",
        "shared": false
      },
      {
        "name": "Madison Park Funding XIX Ltd",
        "value": "4000000.00",
        "weight": "0.00479000",
        "shared": false
      },
      {
        "name": "FNMA 30YR 2% 12/01/2051#CB3000",
        "value": "3959232.46",
        "weight": "0.00474118",
        "shared": false
      },
      {
        "name": "Saluda Grade Alternative Mortgage Trust, Series 2025-NPL1, Class A1",
        "value": "3958199.97",
        "weight": "0.00473994",
        "shared": false
      },
      {
        "name": "Freddie Mac Pool",
        "value": "3873066.25",
        "weight": "0.00463800",
        "shared": false
      },
      {
        "name": "Columbia Cent CLO 27 Ltd",
        "value": "3863779.15",
        "weight": "0.00462688",
        "shared": false
      },
      {
        "name": "Vista Point Securitization Trust 2025-CES3",
        "value": "3828802.50",
        "weight": "0.00458499",
        "shared": false
      },
      {
        "name": "FR SL0716",
        "value": "3802671.70",
        "weight": "0.00455370",
        "shared": false
      },
      {
        "name": "Dryden 107 CLO Ltd",
        "value": "3684890.35",
        "weight": "0.00441266",
        "shared": false
      },
      {
        "name": "Deerpath Capital CLO 2024-1 Ltd",
        "value": "3527489.00",
        "weight": "0.00422417",
        "shared": false
      },
      {
        "name": "Carvana Auto Receivables Trust 2021-N4",
        "value": "3487838.67",
        "weight": "0.00417669",
        "shared": false
      },
      {
        "name": "J.P. Morgan Mortgage Trust 2024-10",
        "value": "3445098.57",
        "weight": "0.00412551",
        "shared": false
      },
      {
        "name": "Bellemeade Re Ltd., Series 2025-1, Class M1B",
        "value": "3420556.40",
        "weight": "0.00409612",
        "shared": false
      },
      {
        "name": "Freddie Mac Pool",
        "value": "3403128.37",
        "weight": "0.00407525",
        "shared": false
      },
      {
        "name": "BLAST 2023-1 E",
        "value": "3342408.99",
        "weight": "0.00400253",
        "shared": false
      },
      {
        "name": "BELLEMEADE RE 2025-1 LTD BMIR 2025 1 M1C 144A",
        "value": "3316517.75",
        "weight": "0.00397153",
        "shared": false
      },
      {
        "name": "CSMC 2021-NQM8",
        "value": "3312289.22",
        "weight": "0.00396647",
        "shared": false
      },
      {
        "name": "Fannie Mae Pool",
        "value": "3234568.71",
        "weight": "0.00387340",
        "shared": false
      },
      {
        "name": "Deephaven Residential Mortgage Trust, Series 2022-1, Class B2",
        "value": "3199372.00",
        "weight": "0.00383125",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0002048251-26-004474",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1649227/000204825126004474/0002048251-26-004474-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001193125-26-136727",
      "as_of": "2026-01-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1612930/000119312526136727/0001193125-26-136727-index.htm"
    }
  ]
}