{
  "page": "compare",
  "query": {
    "a": "FAAAX",
    "b": "CLIP"
  },
  "retrieved_at": "2026-07-07T14:28:38+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": "K2 Alternative Strategies Fund",
    "ticker": "FAAAX",
    "slug": "FAAAX",
    "series_id": "S000042023",
    "html_url": "https://fundwatcher.app/funds/FAAAX/"
  },
  "fund_b": {
    "name": "Global X 1-3 Month T-Bill ETF",
    "ticker": "CLIP",
    "slug": "CLIP",
    "series_id": "S000080638",
    "html_url": "https://fundwatcher.app/funds/CLIP/"
  },
  "overlap": {
    "coverage_a_by_b": "0.1070193048819464234255193593",
    "coverage_b_by_a": "0.1070193048819464234255193592",
    "shared_count": 10,
    "as_of": {
      "a": "2026-02-27",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "DREYFUS QII GOV CASH 289",
        "value": "47194733.50",
        "weight": "0.08969819",
        "shared": false
      },
      {
        "name": "FIDELITY GOVERNMENT PORTFOLIO FRGXX 1.85% 8/24/2018 - Extendable",
        "value": "41400873.08",
        "weight": "0.07868639",
        "shared": false
      },
      {
        "name": "DREY-GVT CSH-I",
        "value": "39199611.71",
        "weight": "0.07450268",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "14984891.70",
        "weight": "0.02848025",
        "shared": true
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "13946541.42",
        "weight": "0.02650676",
        "shared": true
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "11970987.96",
        "weight": "0.02275203",
        "shared": true
      },
      {
        "name": "WESTERN DIGITAL CORPORATION SR UNSEC CV 3.0% 11-15-28",
        "value": "8916584.30",
        "weight": "0.01694684",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "7452336.69",
        "weight": "0.01416389",
        "shared": false
      },
      {
        "name": "US TREASURY N/B",
        "value": "6028750.83",
        "weight": "0.01145823",
        "shared": false
      },
      {
        "name": "Lumentum Holdings, Inc.",
        "value": "5455447.50",
        "weight": "0.01036861",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "4974895.85",
        "weight": "0.00945527",
        "shared": true
      },
      {
        "name": "US TREASURY N/B",
        "value": "4720262.97",
        "weight": "0.00897132",
        "shared": false
      },
      {
        "name": "Bloom Energy Corporation",
        "value": "4064812.50",
        "weight": "0.00772557",
        "shared": false
      },
      {
        "name": "STX 3.5 06/01/28",
        "value": "4051840.25",
        "weight": "0.00770092",
        "shared": false
      },
      {
        "name": "BLOOM ENERGY CORP SR UNSECURED 06/29 3",
        "value": "3919500.00",
        "weight": "0.00744939",
        "shared": false
      },
      {
        "name": "InterDigital, Inc., Convertible",
        "value": "3835980.00",
        "weight": "0.00729065",
        "shared": false
      },
      {
        "name": "UST BILLS 0% 05/14/2026",
        "value": "3474556.47",
        "weight": "0.00660373",
        "shared": true
      },
      {
        "name": "US TREASURY N/B",
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        "weight": "0.00646528",
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      },
      {
        "name": "IREN Ltd., Series IREN",
        "value": "3387331.20",
        "weight": "0.00643795",
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      },
      {
        "name": "MASTEC INC",
        "value": "3213847.68",
        "weight": "0.00610823",
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      },
      {
        "name": "CONSTELLATION ENERGY CORP",
        "value": "2794413.48",
        "weight": "0.00531106",
        "shared": false
      },
      {
        "name": "MERCK & CO",
        "value": "2707695.76",
        "weight": "0.00514624",
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      },
      {
        "name": "CVS HEALTH CORP",
        "value": "2670258.00",
        "weight": "0.00507509",
        "shared": false
      },
      {
        "name": "XCEL ENERGY INC",
        "value": "2484128.00",
        "weight": "0.00472133",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "2480110.18",
        "weight": "0.00471369",
        "shared": true
      },
      {
        "name": "LONZA GROUP -REG",
        "value": "2467091.03",
        "weight": "0.00468895",
        "shared": false
      },
      {
        "name": "NEXTERA ENERGY INC",
        "value": "2340030.35",
        "weight": "0.00444746",
        "shared": false
      },
      {
        "name": "MITSUB ELEC CORP",
        "value": "2271867.67",
        "weight": "0.00431791",
        "shared": false
      },
      {
        "name": "US TREASURY N/B",
        "value": "2245775.00",
        "weight": "0.00426831",
        "shared": false
      },
      {
        "name": "EDWARDS LIFESCIENCES CORP",
        "value": "2234557.74",
        "weight": "0.00424699",
        "shared": false
      },
      {
        "name": "FIRSTENERGY CORP",
        "value": "2122884.20",
        "weight": "0.00403475",
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      {
        "name": "ENTERGY CORP",
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        "weight": "0.00400815",
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      },
      {
        "name": "MIDCAP FINL ISSU 11/01/27",
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        "weight": "0.00395602",
        "shared": false
      },
      {
        "name": "AGILENT TECHNOLOGIES INC",
        "value": "2007503.82",
        "weight": "0.00381546",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "1988109.86",
        "weight": "0.00377860",
        "shared": true
      },
      {
        "name": "ARGENX SE SPONSORED ADR",
        "value": "1978653.60",
        "weight": "0.00376062",
        "shared": false
      },
      {
        "name": "FUTURE - CASH SETTLED",
        "value": "1939380.04",
        "weight": "0.00368598",
        "shared": false
      },
      {
        "name": "ABBOTT LABS",
        "value": "1928850.30",
        "weight": "0.00366597",
        "shared": false
      },
      {
        "name": "SATS 3.875 11/30/30",
        "value": "1928013.75",
        "weight": "0.00366438",
        "shared": false
      },
      {
        "name": "BEONE MEDICINES LTD ADR",
        "value": "1815401.73",
        "weight": "0.00345035",
        "shared": false
      },
      {
        "name": "PROVINCIA DE BUENOS AIRES/GOVERNMENT BONDS MTN 6.625000% 09/01/2037",
        "value": "1802678.67",
        "weight": "0.00342617",
        "shared": false
      },
      {
        "name": "LILLY ELI and CO",
        "value": "1790486.98",
        "weight": "0.00340299",
        "shared": false
      },
      {
        "name": "VAXCYTE INC",
        "value": "1787064.30",
        "weight": "0.00339649",
        "shared": false
      },
      {
        "name": "SCHOLAR ROCK HOLDING CORP",
        "value": "1786028.88",
        "weight": "0.00339452",
        "shared": false
      },
      {
        "name": "Nebius Group NV",
        "value": "1716162.00",
        "weight": "0.00326173",
        "shared": false
      },
      {
        "name": "TEVA PHARMACEUTICAL IND ADR",
        "value": "1686939.06",
        "weight": "0.00320619",
        "shared": false
      },
      {
        "name": "ROIVANT SCIENCES LTD",
        "value": "1627383.02",
        "weight": "0.00309300",
        "shared": false
      },
      {
        "name": "Nebius Group NV",
        "value": "1586601.25",
        "weight": "0.00301549",
        "shared": false
      },
      {
        "name": "BOEING CO/THE",
        "value": "1584063.86",
        "weight": "0.00301067",
        "shared": false
      },
      {
        "name": "INSMED INC",
        "value": "1564082.42",
        "weight": "0.00297269",
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    ],
    "b_top": [
      {
        "name": "U.S. Treasury Bills",
        "value": "175750669.90",
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        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "148581171.20",
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      {
        "name": "U.S. Treasury Bills",
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      {
        "name": "U.S. Treasury Bills",
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      },
      {
        "name": "U.S. Treasury Bills",
        "value": "136234105.70",
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        "shared": true
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "121145993.80",
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        "shared": true
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "119963499.60",
        "weight": "0.05412212",
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      },
      {
        "name": "U.S. Treasury Bills",
        "value": "117005625.60",
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      },
      {
        "name": "WIB 0 03/19/26",
        "value": "111020326.50",
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      },
      {
        "name": "U.S. Treasury Bills",
        "value": "108820132.10",
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      },
      {
        "name": "UST BILLS 0% 05/14/2026",
        "value": "94844495.55",
        "weight": "0.04278956",
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      },
      {
        "name": "U.S. Treasury Bills",
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        "name": "U.S. Treasury Bills",
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      {
        "name": "XIB 0 03/03/26",
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      },
      {
        "name": "U.S. Treasury Bills",
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        "name": "U.S. Treasury Bills",
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        "name": "U.S. Treasury Bills",
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      {
        "name": "U.S. Treasury Bills",
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      {
        "name": "U.S. Treasury Bills",
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      {
        "name": "U.S. Treasury Bills",
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      {
        "name": "U.S. Treasury Bills",
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      {
        "name": "U.S. Treasury Bills",
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      },
      {
        "name": "BNYREPOS",
        "value": "3037.00",
        "weight": "0.00000137",
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      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000940400-26-014752",
      "as_of": "2026-02-27",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1535538/000094040026014752/0000940400-26-014752-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0002048251-26-003656",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1432353/000204825126003656/0002048251-26-003656-index.htm"
    }
  ]
}