{
  "page": "compare",
  "query": {
    "a": "HOBEX",
    "b": "SPIP"
  },
  "retrieved_at": "2026-07-07T17:36:18+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": "Holbrook Income Fund",
    "ticker": "HOBEX",
    "slug": "HOBEX",
    "series_id": "S000054226",
    "html_url": "https://fundwatcher.app/funds/HOBEX/"
  },
  "fund_b": {
    "name": "State Street(R) SPDR(R) Portfolio TIPS ETF",
    "ticker": "SPIP",
    "slug": "SPIP",
    "series_id": "S000017330",
    "html_url": "https://fundwatcher.app/funds/SPIP/"
  },
  "overlap": {
    "coverage_a_by_b": "0.04805705052523768089885433073",
    "coverage_b_by_a": "0.04805705052523768089885433073",
    "shared_count": 2,
    "as_of": {
      "a": "2026-01-31",
      "b": "2026-03-31"
    },
    "a_top": [
      {
        "name": "U.S. Treasury Notes",
        "value": "87867081.49",
        "weight": "0.02632657",
        "shared": true
      },
      {
        "name": "FRST AM-GV OB-X",
        "value": "86007352.86",
        "weight": "0.02576936",
        "shared": false
      },
      {
        "name": "RILY 8 01/01/28",
        "value": "84681645.00",
        "weight": "0.02537216",
        "shared": false
      },
      {
        "name": "PNNT 7 02/01/29",
        "value": "74502000.00",
        "weight": "0.02232215",
        "shared": false
      },
      {
        "name": "U.S. Treasury Notes 0.125%, Due 1/15/2030",
        "value": "72527255.71",
        "weight": "0.02173048",
        "shared": true
      },
      {
        "name": "United Insurance Holdings Corp",
        "value": "62518358.48",
        "weight": "0.01873163",
        "shared": false
      },
      {
        "name": "Babcock & Wilcox Enterprises Inc",
        "value": "62184377.50",
        "weight": "0.01863157",
        "shared": false
      },
      {
        "name": "Kuvare US Holdings, Inc.",
        "value": "58166562.18",
        "weight": "0.01742776",
        "shared": false
      },
      {
        "name": "HRZN 7 12/15/28",
        "value": "58109500.00",
        "weight": "0.01741066",
        "shared": false
      },
      {
        "name": "GAIN 6 7/8 11/01/28",
        "value": "57676263.96",
        "weight": "0.01728085",
        "shared": false
      },
      {
        "name": "NEXBAN FLOAT PERP",
        "value": "56560000.00",
        "weight": "0.01694640",
        "shared": false
      },
      {
        "name": "Senior Secured Note",
        "value": "53811185.24",
        "weight": "0.01612281",
        "shared": false
      },
      {
        "name": "PENNANTPARK INVESTMENT C REGD 4.00000000",
        "value": "50692986.75",
        "weight": "0.01518854",
        "shared": false
      },
      {
        "name": "CHRA 8 1/2",
        "value": "50420304.00",
        "weight": "0.01510684",
        "shared": false
      },
      {
        "name": "Saratoga Investment Corp",
        "value": "49928434.00",
        "weight": "0.01495946",
        "shared": false
      },
      {
        "name": "PENNANTPARK FLOATING RAT REGD 4.25000000",
        "value": "46338527.62",
        "weight": "0.01388386",
        "shared": false
      },
      {
        "name": "SARATOGA INVESTMENT CORP REGD 4.37500000",
        "value": "44507751.27",
        "weight": "0.01333533",
        "shared": false
      },
      {
        "name": "NEW MOUNTAIN FIN. C 6.20%",
        "value": "43115969.36",
        "weight": "0.01291833",
        "shared": false
      },
      {
        "name": "CION 7.41 12/15/27",
        "value": "39571248.80",
        "weight": "0.01185626",
        "shared": false
      },
      {
        "name": "BCC 2018-2A CR",
        "value": "37045066.00",
        "weight": "0.01109937",
        "shared": false
      },
      {
        "name": "EGPNTD FLOAT 04/30/28",
        "value": "35059963.40",
        "weight": "0.01050460",
        "shared": false
      },
      {
        "name": "Fidus Investment Corp",
        "value": "34218773.95",
        "weight": "0.01025256",
        "shared": false
      },
      {
        "name": "MSC 2024-BPR2 B",
        "value": "32696208.56",
        "weight": "0.00979638",
        "shared": false
      },
      {
        "name": "FCBSL 2018-1A CR",
        "value": "31476906.25",
        "weight": "0.00943105",
        "shared": false
      },
      {
        "name": "Stellus Capital Investment Corp",
        "value": "31031317.75",
        "weight": "0.00929755",
        "shared": false
      },
      {
        "name": "PM GENERAL PURCHASER LLC SR SECURED 144A 10/28 9.5",
        "value": "30089325.00",
        "weight": "0.00901531",
        "shared": false
      },
      {
        "name": "TRINITY CAPITAL TRIN 4 3/8 08/24/26",
        "value": "29294940.22",
        "weight": "0.00877730",
        "shared": false
      },
      {
        "name": "Gladstone Investment Corp",
        "value": "28845555.08",
        "weight": "0.00864265",
        "shared": false
      },
      {
        "name": "W & T OFFSHORE INC REGD 144A P/P 10.75000000",
        "value": "27315018.00",
        "weight": "0.00818407",
        "shared": false
      },
      {
        "name": "OWS REAL ESTATE FINANCE LLC OWSCRE 2025-MARG2 A",
        "value": "27068561.10",
        "weight": "0.00811023",
        "shared": false
      },
      {
        "name": "TRINITY CAPITAL INC/MD        /PREFERRED/ 0.00000000",
        "value": "26091723.76",
        "weight": "0.00781755",
        "shared": false
      },
      {
        "name": "KKR 9 CR2",
        "value": "25641805.50",
        "weight": "0.00768275",
        "shared": false
      },
      {
        "name": "FBRT Float 04/25/28",
        "value": "25297513.25",
        "weight": "0.00757959",
        "shared": false
      },
      {
        "name": "Ramaco Resources Inc",
        "value": "25158949.20",
        "weight": "0.00753808",
        "shared": false
      },
      {
        "name": "STRMT Float 01/15/29",
        "value": "25022324.50",
        "weight": "0.00749714",
        "shared": false
      },
      {
        "name": "EPTLLC 7 1/4 08/01/28",
        "value": "25000000.00",
        "weight": "0.00749045",
        "shared": false
      },
      {
        "name": "EAGLPO Float 11/15/29",
        "value": "24758751.25",
        "weight": "0.00741817",
        "shared": false
      },
      {
        "name": "SAR 4.35 02/28/27",
        "value": "24663122.62",
        "weight": "0.00738952",
        "shared": false
      },
      {
        "name": "ATCLO 2018-12A C",
        "value": "23955413.75",
        "weight": "0.00717748",
        "shared": false
      },
      {
        "name": "CURACN 8 12/15/26",
        "value": "23000000.00",
        "weight": "0.00689122",
        "shared": false
      },
      {
        "name": "BLUEM 2015-3A BR",
        "value": "22911479.50",
        "weight": "0.00686469",
        "shared": false
      },
      {
        "name": "TRNTS 2016-4A CR",
        "value": "22840599.75",
        "weight": "0.00684346",
        "shared": false
      },
      {
        "name": "BLUEM 2018-2A C",
        "value": "22619376.49",
        "weight": "0.00677718",
        "shared": false
      },
      {
        "name": "SHACK 2013-3A CR",
        "value": "22401616.64",
        "weight": "0.00671193",
        "shared": false
      },
      {
        "name": "BX Commercial Mortgage Trust, Series 2019-IMC, Class E",
        "value": "22088057.77",
        "weight": "0.00661798",
        "shared": false
      },
      {
        "name": "SNDPT 2019-1A CRR",
        "value": "21788845.50",
        "weight": "0.00652833",
        "shared": false
      },
      {
        "name": "Atlas Senior Loan Fund X, Ltd.",
        "value": "21251054.90",
        "weight": "0.00636720",
        "shared": false
      },
      {
        "name": "SNCR TL 1L USD",
        "value": "21197352.65",
        "weight": "0.00635111",
        "shared": false
      },
      {
        "name": "ICMB 4 7/8 04/01/26",
        "value": "21142209.60",
        "weight": "0.00633459",
        "shared": false
      },
      {
        "name": "TRINITY CAPITAL INC/MD REGD 4.25000000",
        "value": "20879892.24",
        "weight": "0.00625599",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "U.S. Treasury Inflation-Protected Indexed Notes",
        "value": "34716863.16",
        "weight": "0.03487732",
        "shared": false
      },
      {
        "name": "U.S. Treasury Notes",
        "value": "33499927.47",
        "weight": "0.03365476",
        "shared": false
      },
      {
        "name": "U.S. Treasury Inflation-Protected Indexed Notes",
        "value": "33015694.81",
        "weight": "0.03316829",
        "shared": false
      },
      {
        "name": "U.S. Treasury Notes",
        "value": "32361977.56",
        "weight": "0.03251155",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8%  01/15/32",
        "value": "31422664.56",
        "weight": "0.03156789",
        "shared": false
      },
      {
        "name": "U.S. Treasury Inflation-Protected Notes 1.75%, Due 01/15/2034",
        "value": "31399010.14",
        "weight": "0.03154413",
        "shared": false
      },
      {
        "name": "U.S. Treasury Inflation-Linked Notes",
        "value": "31036021.30",
        "weight": "0.03117946",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 07/15/2031",
        "value": "30582014.00",
        "weight": "0.03072336",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/2% 01/15/2028",
        "value": "29681495.19",
        "weight": "0.02981868",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 07/15/2032",
        "value": "29476193.62",
        "weight": "0.02961243",
        "shared": false
      },
      {
        "name": "U.S. Treasury Notes",
        "value": "29136859.52",
        "weight": "0.02927153",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES .125 07/15/2030",
        "value": "28964958.59",
        "weight": "0.02909883",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 2.375% 10/15/2028",
        "value": "28959327.36",
        "weight": "0.02909317",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES .25%  07/15/29",
        "value": "28527139.08",
        "weight": "0.02865899",
        "shared": false
      },
      {
        "name": "U.S. Treasury Inflation-Protected Indexed Notes",
        "value": "28406102.47",
        "weight": "0.02853739",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/8% 07/15/2027",
        "value": "28193177.15",
        "weight": "0.02832348",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.125% 01/15/2033",
        "value": "27565679.17",
        "weight": "0.02769308",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 01/15/2031",
        "value": "27165896.67",
        "weight": "0.02729145",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-5/8% 10/15/27",
        "value": "26874039.15",
        "weight": "0.02699825",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 07/15/2028",
        "value": "26530909.02",
        "weight": "0.02665353",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.375 07/15/33",
        "value": "24913828.16",
        "weight": "0.02502898",
        "shared": false
      },
      {
        "name": "U.S. Treasury Notes 0.125%, Due 1/15/2030",
        "value": "23679467.61",
        "weight": "0.02378891",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES .875% 01/15/2029",
        "value": "23172078.52",
        "weight": "0.02327918",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 04/15/2027",
        "value": "23121747.56",
        "weight": "0.02322861",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.250 04/15/2028",
        "value": "22625103.88",
        "weight": "0.02272967",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 3-7/8% 04/15/29",
        "value": "21667566.19",
        "weight": "0.02176771",
        "shared": false
      },
      {
        "name": "U.S. Treasury Inflation-Protected Indexed Bonds",
        "value": "18438828.05",
        "weight": "0.01852405",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 3-5/8% 04/15/28",
        "value": "18278261.90",
        "weight": "0.01836274",
        "shared": false
      },
      {
        "name": "State Street Navigator Securities Lending Portfolio II",
        "value": "15990732.48",
        "weight": "0.01606464",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-3/8% 02/15/2044",
        "value": "15123410.10",
        "weight": "0.01519331",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 02/15/2042",
        "value": "14801456.99",
        "weight": "0.01486987",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 02/15/2045",
        "value": "13943787.52",
        "weight": "0.01400823",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-3/4% 01/15/28",
        "value": "13432595.41",
        "weight": "0.01349468",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 2 1/8% 02/15/40",
        "value": "13306987.07",
        "weight": "0.01336849",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 2-1/2% 01/15/29",
        "value": "13210099.90",
        "weight": "0.01327115",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 02/15/2043",
        "value": "12853097.29",
        "weight": "0.01291250",
        "shared": false
      },
      {
        "name": "U.S. Treasury Inflation-Indexed Notes",
        "value": "12680991.00",
        "weight": "0.01273960",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1% 02/15/46",
        "value": "11167880.18",
        "weight": "0.01121950",
        "shared": false
      },
      {
        "name": "U.S. Treasury Inflation-Protected Indexed Bonds",
        "value": "10739749.69",
        "weight": "0.01078939",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-7/8% 02/15/2047",
        "value": "9821984.51",
        "weight": "0.00986738",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1% 02/15/48",
        "value": "9264000.12",
        "weight": "0.00930682",
        "shared": false
      },
      {
        "name": "U.S. Treasury Inflation-Protected Notes 2.125%, Due 02/15/2054",
        "value": "8700744.66",
        "weight": "0.00874096",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.50% 2/15/2053",
        "value": "8410266.72",
        "weight": "0.00844914",
        "shared": false
      },
      {
        "name": "U.S. Treasury Inflation Linked Bonds",
        "value": "8128643.04",
        "weight": "0.00816621",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0.25% 02/15/2050",
        "value": "6834935.73",
        "weight": "0.00686653",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8%  02/15/2052",
        "value": "6746157.89",
        "weight": "0.00677734",
        "shared": false
      },
      {
        "name": "U.S. Treasury Inflation-Protected Indexed Bonds",
        "value": "6318928.71",
        "weight": "0.00634813",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 3-3/8% 04/15/32",
        "value": "6136518.02",
        "weight": "0.00616488",
        "shared": false
      },
      {
        "name": "UNITED STATES TREASURY INFLATION INDEXED BONDS I/L 2.375% 02-15-56",
        "value": "4373628.13",
        "weight": "0.00439384",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 10/15/2026",
        "value": "0.03",
        "weight": "0.00000000",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000910472-26-005161",
      "as_of": "2026-01-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1552947/000091047226005161/0000910472-26-005161-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001410368-26-055586",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1064642/000141036826055586/0001410368-26-055586-index.htm"
    }
  ]
}