{
  "page": "compare",
  "query": {
    "a": "FMF",
    "b": "CLIP"
  },
  "retrieved_at": "2026-07-07T19:45:17+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": "First Trust Managed Futures Strategy Fund",
    "ticker": "FMF",
    "slug": "FMF",
    "series_id": "S000037848",
    "html_url": "https://fundwatcher.app/funds/FMF/"
  },
  "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": "0.1835430083222967853527066549",
    "coverage_b_by_a": "0.1835430083222967853527066549",
    "shared_count": 3,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "MSILF Treasury Portfolio, Class Institutional",
        "value": "69682839.73",
        "weight": "0.25502412",
        "shared": false
      },
      {
        "name": "DREY-GVT CSH-I",
        "value": "69682839.72",
        "weight": "0.25502412",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "29912403.90",
        "weight": "0.10947293",
        "shared": true
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "24962281.25",
        "weight": "0.09135655",
        "shared": true
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "24810336.50",
        "weight": "0.09080046",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "19875770.40",
        "weight": "0.07274102",
        "shared": false
      },
      {
        "name": "UST BILLS 0% 05/14/2026",
        "value": "14934922.80",
        "weight": "0.05465859",
        "shared": true
      },
      {
        "name": "US TREASURY N/B",
        "value": "6950827.45",
        "weight": "0.02543852",
        "shared": false
      },
      {
        "name": "WTI CRUDE",
        "value": "4217547.05",
        "weight": "0.01543531",
        "shared": false
      },
      {
        "name": "LME ZINC",
        "value": "2152740.52",
        "weight": "0.00787856",
        "shared": false
      },
      {
        "name": "XAV HEALTH CARE",
        "value": "1587061.89",
        "weight": "0.00580830",
        "shared": false
      },
      {
        "name": "WHEAT (CBT)",
        "value": "1342831.33",
        "weight": "0.00491447",
        "shared": false
      },
      {
        "name": "BRENT CRUDE FUTR  JUN26 IFEU 20260430",
        "value": "912562.30",
        "weight": "0.00333978",
        "shared": false
      },
      {
        "name": "Low Su Gasoil G   May26",
        "value": "601786.77",
        "weight": "0.00220241",
        "shared": false
      },
      {
        "name": "EURO-SCHATZ FUT JUN26 DUM6",
        "value": "489338.10",
        "weight": "0.00179087",
        "shared": false
      },
      {
        "name": "JAPAN GOVT 10-YR",
        "value": "447545.64",
        "weight": "0.00163792",
        "shared": false
      },
      {
        "name": "TTF NAT GAS F     JUN26 NDEX 20260528",
        "value": "296909.79",
        "weight": "0.00108663",
        "shared": false
      },
      {
        "name": "DAX Index",
        "value": "76562.24",
        "weight": "0.00028020",
        "shared": false
      },
      {
        "name": "EURO-BOBL FUTURE  JUN26",
        "value": "60000.84",
        "weight": "0.00021959",
        "shared": false
      },
      {
        "name": "IBOXX ISHR BND ID",
        "value": "48666.05",
        "weight": "0.00017811",
        "shared": false
      },
      {
        "name": "S&P/TSX 60 IX",
        "value": "46508.27",
        "weight": "0.00017021",
        "shared": false
      },
      {
        "name": "SILVER SEP 26",
        "value": "46317.80",
        "weight": "0.00016951",
        "shared": false
      },
      {
        "name": "EURO-BUND FUTURE  JUN26",
        "value": "37024.35",
        "weight": "0.00013550",
        "shared": false
      },
      {
        "name": "WORLDCLIMATE PARI MAR26",
        "value": "18954.90",
        "weight": "0.00006937",
        "shared": false
      },
      {
        "name": "2-Year T-Note Futures, Jun-2026,ETH",
        "value": "17658.46",
        "weight": "0.00006463",
        "shared": false
      },
      {
        "name": "FTSE 100 Index",
        "value": "14989.44",
        "weight": "0.00005486",
        "shared": false
      },
      {
        "name": "5-Year T-Note Futures, Jun-2026,ETH",
        "value": "12295.24",
        "weight": "0.00004500",
        "shared": false
      },
      {
        "name": "CAC 40 Index Future, Apr 2026",
        "value": "670.53",
        "weight": "0.00000245",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "U.S. Treasury Bills",
        "value": "175750669.90",
        "weight": "0.07929077",
        "shared": true
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "148581171.20",
        "weight": "0.06703312",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "148430261.30",
        "weight": "0.06696504",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "144130683.00",
        "weight": "0.06502526",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "136234105.70",
        "weight": "0.06146268",
        "shared": true
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "121145993.80",
        "weight": "0.05465561",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "119963499.60",
        "weight": "0.05412212",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "117005625.60",
        "weight": "0.05278766",
        "shared": false
      },
      {
        "name": "WIB 0 03/19/26",
        "value": "111020326.50",
        "weight": "0.05008736",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "108820132.10",
        "weight": "0.04909473",
        "shared": false
      },
      {
        "name": "UST BILLS 0% 05/14/2026",
        "value": "94844495.55",
        "weight": "0.04278956",
        "shared": true
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "87817152.40",
        "weight": "0.03961914",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "81976445.13",
        "weight": "0.03698407",
        "shared": false
      },
      {
        "name": "XIB 0 03/03/26",
        "value": "81231860.56",
        "weight": "0.03664815",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "81104619.75",
        "weight": "0.03659074",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "79472000.00",
        "weight": "0.03585418",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "79204515.43",
        "weight": "0.03573350",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "74097327.53",
        "weight": "0.03342937",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "62981741.53",
        "weight": "0.02841452",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "62117865.95",
        "weight": "0.02802478",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "59480446.80",
        "weight": "0.02683489",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "41119766.19",
        "weight": "0.01855138",
        "shared": false
      },
      {
        "name": "BNYREPOS",
        "value": "3037.00",
        "weight": "0.00000137",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000940400-26-021770",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1549548/000094040026021770/0000940400-26-021770-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"
    }
  ]
}