{
  "page": "compare",
  "query": {
    "a": "FSMMX",
    "b": "GSZAX"
  },
  "retrieved_at": "2026-07-07T16:08:14+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": "FS Multi-Strategy Alternatives Fund",
    "ticker": "FSMMX",
    "slug": "FSMMX",
    "series_id": "S000075444",
    "html_url": "https://fundwatcher.app/funds/FSMMX/"
  },
  "fund_b": {
    "name": "Goldman Sachs Dynamic Bond Fund",
    "ticker": "GSZAX",
    "slug": "GSZAX",
    "series_id": "S000029317",
    "html_url": "https://fundwatcher.app/funds/GSZAX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.08084604295844827252108182710",
    "coverage_b_by_a": "0.08084604295844827252108182710",
    "shared_count": 15,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-03-31"
    },
    "a_top": [
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      },
      {
        "name": "Uniform Mortgage-Backed Security, TBA",
        "value": "400704239.10",
        "weight": "0.11761268",
        "shared": false
      },
      {
        "name": "BARCLAYS BANK PLC MTN ZERO COUPON 12/29/2026",
        "value": "159482275.60",
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      },
      {
        "name": "US ULTRA BOND CBT Sep25",
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        "weight": "0.03675246",
        "shared": false
      },
      {
        "name": "BARCLAYS BANK PLC MTN ZERO COUPON 12/29/2026",
        "value": "37547310.00",
        "weight": "0.01102070",
        "shared": false
      },
      {
        "name": "BARCLAYS BANK PLC MTN ZERO COUPON 12/29/2026",
        "value": "34213929.16",
        "weight": "0.01004230",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "24839390.62",
        "weight": "0.00729073",
        "shared": false
      },
      {
        "name": "5-Year T-Note Futures, Jun-2026,ETH",
        "value": "22825914.06",
        "weight": "0.00669975",
        "shared": false
      },
      {
        "name": "SHS BEN INT",
        "value": "20522043.00",
        "weight": "0.00602353",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "19931540.80",
        "weight": "0.00585020",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "14883106.06",
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      },
      {
        "name": "NEUBERGER BERMAN LOAN ADVISERS CLO 29 LTD NEUB 2018-29A A2R",
        "value": "11664022.50",
        "weight": "0.00342356",
        "shared": false
      },
      {
        "name": "ELMWOOD CLO II LTD ELMW2 2019-2A A2RR",
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        "weight": "0.00321903",
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      },
      {
        "name": "WOODS 2018-12BA BR CLO 144A FRN 06-15-31",
        "value": "10498131.00",
        "weight": "0.00308136",
        "shared": false
      },
      {
        "name": "SWITCH Data Centers - SWCH 2025-DATA E",
        "value": "10303152.12",
        "weight": "0.00302413",
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      },
      {
        "name": "USD-SOFR 4.40 01/16/2035 EXPIRATION: 01/16/2035",
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      },
      {
        "name": "WFCM 2025-DWHP A",
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      },
      {
        "name": "BSPRT Issuer LLC, Series 2024-FL11, Class A",
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      },
      {
        "name": "KENNEDY LEWIS CLO 6 LTD KLLM 6A AR2",
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      },
      {
        "name": "STAR 2024-SFR4 TRUST STAR 2024-SFR4 A",
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      },
      {
        "name": "FIP MASTER FUNDING LLC FI 2024-1A A1",
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      },
      {
        "name": "Renew, Series 2024-2A, Class A",
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      },
      {
        "name": "QTS Data Centers - BX 2025-VLT7 E",
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      },
      {
        "name": "PG&E Corporation, Convertible",
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        "weight": "0.00217612",
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      },
      {
        "name": "JD.COM INC SR UNSECURED 06/29 0.25",
        "value": "7220070.00",
        "weight": "0.00211920",
        "shared": false
      },
      {
        "name": "RADNOR RE 2022-1 LTD RMIR 2022-1 M2",
        "value": "7212480.60",
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      },
      {
        "name": "Carvana Co",
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      },
      {
        "name": "KSL Commercial Mortgage Trust, Series 2024-HT2, Class A",
        "value": "7116308.92",
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      },
      {
        "name": "ACHM TRUST 2024-HE2 ACHM 2024-HE2 A",
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        "weight": "0.00206564",
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      },
      {
        "name": "ADMT 2026-NQM1 A1",
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        "weight": "0.00201041",
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      },
      {
        "name": "MICROCHIP TECHNOLOGY INC SER A 7.5% PC 03/15/2028",
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        "weight": "0.00198829",
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      },
      {
        "name": "CMS ENERGY CORP SR UNSECURED 144A 05/31 3.125",
        "value": "6664896.00",
        "weight": "0.00195625",
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      },
      {
        "name": "Maxim Crane Works Holdings Capital LLC",
        "value": "6640799.83",
        "weight": "0.00194917",
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      },
      {
        "name": "FLEXENTIAL ISSUER LLC SER 2025-1A CL A2 REGD 144A P/P 6.03000000",
        "value": "6455510.75",
        "weight": "0.00189479",
        "shared": false
      },
      {
        "name": "HERA FINANCING 2024-1 DAC HRFIN 2024-1A A",
        "value": "6406157.64",
        "weight": "0.00188030",
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      },
      {
        "name": "VINE 2023-SFR1 TRUST VINEB 2023-SFR1 A",
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      },
      {
        "name": "GME 0 04/01/30",
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        "weight": "0.00185263",
        "shared": false
      },
      {
        "name": "RADNOR RE 2021-2 LTD RMIR 2021-2 M2",
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      },
      {
        "name": "TRIP.COM GROUP LTD SR UNSECURED 06/29 0.75",
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      },
      {
        "name": "QTS Data Centers - BX 2025-VLT7 D",
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      },
      {
        "name": "AQUA FINANCE TRUST 2024-A SER 2024-A CL A REGD 144A P/P 4.81000000",
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      },
      {
        "name": "HPE 7 5/8",
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      {
        "name": "ROCSOF 9 11/28/28 144A",
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      },
      {
        "name": "Coinbase Global, Inc., Convertible",
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      },
      {
        "name": "CONSOLIDATED COMMUNICATIONS LLC / FIDIUM FIBER FIN HOLDCO LLC 9.408% 05/20/2055 144A",
        "value": "5203062.00",
        "weight": "0.00152718",
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      },
      {
        "name": "CARVANA AUTO RECEIVABLES TRUST 2025-N1 CRVNA 2025-N1 E",
        "value": "5097945.05",
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      },
      {
        "name": "FS AI Factor Short TRS",
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        "weight": "0.00148712",
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      },
      {
        "name": "US TREASURY N/B",
        "value": "5046875.00",
        "weight": "0.00148133",
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      },
      {
        "name": "AFFIRM MASTER TRUST AFRMT 2025-1A E",
        "value": "5033132.50",
        "weight": "0.00147730",
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      },
      {
        "name": "FIRSTENERGY CORP SR UNSECURED 144A 01/31 3.875",
        "value": "5022468.00",
        "weight": "0.00147417",
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    ],
    "b_top": [
      {
        "name": "FNCL 5.5 4/26",
        "value": "188785783.60",
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      },
      {
        "name": "Uniform Mortgage-Backed Security, TBA",
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      {
        "name": "US TREASURY N/B",
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      },
      {
        "name": "US TREASURY N/B",
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      {
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      {
        "name": "US TREASURY N/B",
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      {
        "name": "USD-SOFR-OIS Compound---20350226",
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      {
        "name": "FNCL 6 4/26",
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      },
      {
        "name": "G2SF 5 5/26",
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      },
      {
        "name": "FNCL 5 4/26",
        "value": "42383556.30",
        "weight": "0.01726814",
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      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.50% 2/15/2053",
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        "weight": "0.01711900",
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      },
      {
        "name": "ZURICH INSURANCE GROUP AG TRS 0.0000% 05-15-2033",
        "value": "35742852.55",
        "weight": "0.01456255",
        "shared": false
      },
      {
        "name": "G2SF 6 4/25",
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      },
      {
        "name": "FNCL 4.5 4/26",
        "value": "34711876.80",
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      {
        "name": "FNCL 2.5 4/26",
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      },
      {
        "name": "FNCL 4 4/26",
        "value": "23559570.00",
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      },
      {
        "name": "ZOOM COMMUNICATIONS INC",
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      },
      {
        "name": "Enel Finance America LLC",
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      },
      {
        "name": "E.ON SE",
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      },
      {
        "name": "Spire Inc",
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      },
      {
        "name": "Hyundai Capital America",
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      },
      {
        "name": "Bunzl Finance PLC",
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      },
      {
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      {
        "name": "US TREASURY N/B",
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      },
      {
        "name": "Pikes Peak CLO 19 2025",
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      },
      {
        "name": "Bell Telephone Co of Canada or Bell Canada/The",
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      },
      {
        "name": "MONEYMKT",
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      },
      {
        "name": "Regatta 30 Funding Ltd., Series 2024-4A, Class A1",
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      },
      {
        "name": "Banco Bilbao Vizcaya Argentaria/New York NY",
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      },
      {
        "name": "Air Lease Corporation 0% CP 02/04/2026",
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        "weight": "0.00407332",
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      },
      {
        "name": "Alexandria Real Estate Equities Inc",
        "value": "9989149.00",
        "weight": "0.00406983",
        "shared": false
      },
      {
        "name": "Air Lease Corp.",
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      },
      {
        "name": "G2SF 4 4/23",
        "value": "9355859.00",
        "weight": "0.00381181",
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      },
      {
        "name": "CBAMR 2018-5A A1R",
        "value": "9227112.53",
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      },
      {
        "name": "Providus CLO",
        "value": "9069654.08",
        "weight": "0.00369521",
        "shared": false
      },
      {
        "name": "AGL CLO 23 Ltd., Series 2022-23A, Class A1R",
        "value": "8959887.00",
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      },
      {
        "name": "FNCL 3 4/26",
        "value": "8788281.00",
        "weight": "0.00358057",
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      },
      {
        "name": "ZSCALER INC CFD",
        "value": "7948215.85",
        "weight": "0.00323830",
        "shared": false
      },
      {
        "name": "Oracle Corp. 0% CP 02/10/2026",
        "value": "7616570.11",
        "weight": "0.00310318",
        "shared": false
      },
      {
        "name": "Palmer Square CLO Ltd., Series 2024-3A, Class A",
        "value": "7501875.00",
        "weight": "0.00305645",
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      },
      {
        "name": "RWE AG",
        "value": "7359459.53",
        "weight": "0.00299843",
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      },
      {
        "name": "REGATTA XVI FUNDING LTD. REG16 2019 2A A1R2 144A",
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        "weight": "0.00292961",
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      },
      {
        "name": "ENERGY TRANSFER PART LP",
        "value": "6999221.60",
        "weight": "0.00285166",
        "shared": false
      },
      {
        "name": "McCormick & Co Inc/MD",
        "value": "6994691.90",
        "weight": "0.00284982",
        "shared": false
      },
      {
        "name": "Sixth Street CLO XVI Ltd., Series 2020-16A, Class A1R2",
        "value": "6756829.45",
        "weight": "0.00275290",
        "shared": false
      },
      {
        "name": "MAN GLG US CLO 2021-1 LTD",
        "value": "6697514.30",
        "weight": "0.00272874",
        "shared": false
      },
      {
        "name": "Elmwood CLO 35 Ltd",
        "value": "6654541.95",
        "weight": "0.00271123",
        "shared": false
      },
      {
        "name": "Elmwood CLO X Ltd., Series 2021-3A, Class AR2",
        "value": "6625801.63",
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        "shared": false
      },
      {
        "name": "G2SF 2 4/26",
        "value": "6590687.20",
        "weight": "0.00268521",
        "shared": false
      },
      {
        "name": "Elmwood CLO Ltd., Series 2020-1A, Class AR",
        "value": "6400409.60",
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    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0002048251-26-004707",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1593547/000204825126004707/0002048251-26-004707-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001410368-26-051328",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/822977/000141036826051328/0001410368-26-051328-index.htm"
    }
  ]
}