{
  "page": "compare",
  "query": {
    "a": "MERIX",
    "b": "HMEAX"
  },
  "retrieved_at": "2026-07-07T16:46:17+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": "The Merger Fund",
    "ticker": "MERIX",
    "slug": "MERIX",
    "series_id": "S000005158",
    "html_url": "https://fundwatcher.app/funds/MERIX/"
  },
  "fund_b": {
    "name": "Nexpoint Merger Arbitrage Fund",
    "ticker": "HMEAX",
    "slug": "HMEAX",
    "series_id": "S000054634",
    "html_url": "https://fundwatcher.app/funds/HMEAX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.1864769505041127552672675582",
    "coverage_b_by_a": "0.1864769505041127552672675583",
    "shared_count": 17,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-03-31"
    },
    "a_top": [
      {
        "name": "Goldman Sachs Trust - Goldman Sachs Financial Square Treasury Instruments Fund",
        "value": "192800000.00",
        "weight": "0.07966194",
        "shared": false
      },
      {
        "name": "ENDEAVOR GROUP HOLDINGS INC",
        "value": "143532892.64",
        "weight": "0.05930554",
        "shared": false
      },
      {
        "name": "ELECTRONIC ARTS INC",
        "value": "134732178.51",
        "weight": "0.05566922",
        "shared": true
      },
      {
        "name": "WARNER BROS DISCOVERY INC",
        "value": "129380206.48",
        "weight": "0.05345787",
        "shared": true
      },
      {
        "name": "NORFOLK SOUTHERN CORP",
        "value": "125027819.00",
        "weight": "0.05165953",
        "shared": false
      },
      {
        "name": "WEBSTER FINL",
        "value": "107227936.92",
        "weight": "0.04430490",
        "shared": false
      },
      {
        "name": "Virtus Westchester Event-Driven Fund",
        "value": "103482568.24",
        "weight": "0.04275737",
        "shared": false
      },
      {
        "name": "CHART INDUSTRIES INC",
        "value": "95175295.00",
        "weight": "0.03932494",
        "shared": true
      },
      {
        "name": "UNIFIRST CORP/MA",
        "value": "53279214.30",
        "weight": "0.02201414",
        "shared": false
      },
      {
        "name": "CLEARWATER ANALYTICS HOLDINGS INC",
        "value": "51016668.45",
        "weight": "0.02107929",
        "shared": true
      },
      {
        "name": "COTERRA ENERGY INC",
        "value": "46573466.66",
        "weight": "0.01924343",
        "shared": true
      },
      {
        "name": "DIGITALBRIDGE GROUP INC",
        "value": "41087206.80",
        "weight": "0.01697659",
        "shared": false
      },
      {
        "name": "SEALED AIR CORP",
        "value": "35652134.55",
        "weight": "0.01473090",
        "shared": true
      },
      {
        "name": "ESCROW ALTEGRITY INC",
        "value": "34820448.75",
        "weight": "0.01438726",
        "shared": false
      },
      {
        "name": "PROASSURANCE CORPORATION",
        "value": "32210061.12",
        "weight": "0.01330869",
        "shared": true
      },
      {
        "name": "HOLOGIC INC",
        "value": "28323875.36",
        "weight": "0.01170298",
        "shared": true
      },
      {
        "name": "MONEYMKT",
        "value": "27753949.71",
        "weight": "0.01146750",
        "shared": false
      },
      {
        "name": "FYBR 6 01/15/30 144A",
        "value": "23603355.67",
        "weight": "0.00975254",
        "shared": false
      },
      {
        "name": "MASIMO CORP",
        "value": "20947749.90",
        "weight": "0.00865528",
        "shared": true
      },
      {
        "name": "Agriculture & Natural Solutions Acquisition Corp.",
        "value": "20897892.00",
        "weight": "0.00863468",
        "shared": false
      },
      {
        "name": "PENUMBRA INC",
        "value": "20572380.50",
        "weight": "0.00850018",
        "shared": false
      },
      {
        "name": "Haymaker Acquisition Corp. IV",
        "value": "20398822.92",
        "weight": "0.00842847",
        "shared": false
      },
      {
        "name": "KENNEDY-WILSON INC SR UNSEC 5.0% 03-01-31",
        "value": "18894378.20",
        "weight": "0.00780686",
        "shared": false
      },
      {
        "name": "EchoStar Corp",
        "value": "18687258.07",
        "weight": "0.00772128",
        "shared": true
      },
      {
        "name": "AIR LEASE CORP CL A",
        "value": "18468221.66",
        "weight": "0.00763078",
        "shared": true
      },
      {
        "name": "DRUGS MADE IN AMERICA ACQUISITION CORP",
        "value": "17089495.50",
        "weight": "0.00706111",
        "shared": false
      },
      {
        "name": "QORVO INC",
        "value": "16887673.80",
        "weight": "0.00697772",
        "shared": false
      },
      {
        "name": "FYBR 5.875 11/01/29",
        "value": "16799217.54",
        "weight": "0.00694117",
        "shared": false
      },
      {
        "name": "K&F Growth Acquisition Corp. II",
        "value": "14635418.40",
        "weight": "0.00604713",
        "shared": false
      },
      {
        "name": "SIZZLE ACQUISITION CORP II",
        "value": "14079849.30",
        "weight": "0.00581757",
        "shared": false
      },
      {
        "name": "EXAS 2 03/01/30",
        "value": "13843305.00",
        "weight": "0.00571984",
        "shared": false
      },
      {
        "name": "ONESTREAM INC",
        "value": "13280112.00",
        "weight": "0.00548713",
        "shared": true
      },
      {
        "name": "KENNEDY-WILSON INC SR UNSEC 4.75% 02-01-30",
        "value": "12810771.04",
        "weight": "0.00529321",
        "shared": false
      },
      {
        "name": "DISH Network Corp",
        "value": "12570019.25",
        "weight": "0.00519373",
        "shared": false
      },
      {
        "name": "TITAN ACQUISITION CORP",
        "value": "12547189.88",
        "weight": "0.00518430",
        "shared": false
      },
      {
        "name": "KOCHAV DEFENSE ACQUISITION CORP",
        "value": "12074643.50",
        "weight": "0.00498905",
        "shared": false
      },
      {
        "name": "Soulpower Acquisition Corp",
        "value": "11712500.75",
        "weight": "0.00483942",
        "shared": false
      },
      {
        "name": "ALDEL FINANCIAL II INC",
        "value": "11630773.49",
        "weight": "0.00480565",
        "shared": false
      },
      {
        "name": "GLOBA TERRA ACQUISITION CORP",
        "value": "11514583.50",
        "weight": "0.00475765",
        "shared": false
      },
      {
        "name": "Jackson Acquisition Co II",
        "value": "11451771.84",
        "weight": "0.00473169",
        "shared": false
      },
      {
        "name": "OYSTER ENTERPRISES II ACQUISITION CORP",
        "value": "11368932.40",
        "weight": "0.00469746",
        "shared": false
      },
      {
        "name": "GigCapital8 Corp.",
        "value": "10924258.61",
        "weight": "0.00451373",
        "shared": false
      },
      {
        "name": "SIDDHI ACQUISITION CORP",
        "value": "10861403.64",
        "weight": "0.00448776",
        "shared": false
      },
      {
        "name": "Andretti Acquisition Corp. II",
        "value": "10761667.21",
        "weight": "0.00444655",
        "shared": false
      },
      {
        "name": "PIONEER ACQUISITION I CORP",
        "value": "10094295.28",
        "weight": "0.00417080",
        "shared": false
      },
      {
        "name": "JANUS HENDERSON GROUP PLC",
        "value": "9869307.14",
        "weight": "0.00407784",
        "shared": false
      },
      {
        "name": "ARTIUS II ACQUISITION INC-A",
        "value": "9751137.79",
        "weight": "0.00402902",
        "shared": false
      },
      {
        "name": "NEW PROVIDENCE ACQUISITION CORP III",
        "value": "9588236.76",
        "weight": "0.00396171",
        "shared": false
      },
      {
        "name": "LAUNCH TWO ACQUISITION CORP",
        "value": "9437622.30",
        "weight": "0.00389948",
        "shared": false
      },
      {
        "name": "Voyager Acquisition Corp.",
        "value": "9393698.16",
        "weight": "0.00388133",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "Short-Term Investment",
        "value": "302558532.20",
        "weight": "0.21970196",
        "shared": false
      },
      {
        "name": "HOLOGIC INC",
        "value": "109771798.00",
        "weight": "0.07971046",
        "shared": true
      },
      {
        "name": "CLEARWATER ANALYTICS HOLDINGS INC",
        "value": "94087977.50",
        "weight": "0.06832170",
        "shared": true
      },
      {
        "name": "SEALED AIR CORP",
        "value": "82657685.00",
        "weight": "0.06002163",
        "shared": true
      },
      {
        "name": "ONESTREAM INC",
        "value": "80116968.00",
        "weight": "0.05817669",
        "shared": true
      },
      {
        "name": "AIR LEASE CORP CL A",
        "value": "71619403.70",
        "weight": "0.05200621",
        "shared": true
      },
      {
        "name": "CSG SYSTEMS INTL INC",
        "value": "66842630.40",
        "weight": "0.04853757",
        "shared": false
      },
      {
        "name": "ELECTRONIC ARTS INC",
        "value": "55976585.90",
        "weight": "0.04064723",
        "shared": true
      },
      {
        "name": "SEMRUSH HOLDINGS INC",
        "value": "54362425.98",
        "weight": "0.03947511",
        "shared": false
      },
      {
        "name": "MASIMO CORP",
        "value": "52916325.00",
        "weight": "0.03842503",
        "shared": true
      },
      {
        "name": "ARCELLX INC",
        "value": "41508578.20",
        "weight": "0.03014133",
        "shared": false
      },
      {
        "name": "CHART INDUSTRIES INC",
        "value": "36536860.00",
        "weight": "0.02653113",
        "shared": true
      },
      {
        "name": "TERNS PHARMACEUTICALS INC",
        "value": "34499546.24",
        "weight": "0.02505174",
        "shared": false
      },
      {
        "name": "BRIGHTHOUSE FINANCIAL INC",
        "value": "32837712.96",
        "weight": "0.02384501",
        "shared": true
      },
      {
        "name": "PROASSURANCE CORPORATION",
        "value": "30525986.40",
        "weight": "0.02216635",
        "shared": true
      },
      {
        "name": "TXNM ENERGY INC",
        "value": "29248941.04",
        "weight": "0.02123903",
        "shared": false
      },
      {
        "name": "AMICUS THERAPEUTICS INC",
        "value": "26691424.80",
        "weight": "0.01938190",
        "shared": false
      },
      {
        "name": "WARNER BROS DISCOVERY INC",
        "value": "20595000.00",
        "weight": "0.01495500",
        "shared": true
      },
      {
        "name": "CLEAR CHANNEL OUTDOOR HOLDINGS INC",
        "value": "20108620.50",
        "weight": "0.01460181",
        "shared": false
      },
      {
        "name": "SELECT MEDICAL HLDGS CORP",
        "value": "20080031.40",
        "weight": "0.01458105",
        "shared": false
      },
      {
        "name": "EchoStar Corp",
        "value": "17023635.88",
        "weight": "0.01236166",
        "shared": true
      },
      {
        "name": "COTERRA ENERGY INC",
        "value": "16327449.60",
        "weight": "0.01185613",
        "shared": true
      },
      {
        "name": "TALKSPACE INC CL A",
        "value": "13854613.50",
        "weight": "0.01006049",
        "shared": false
      },
      {
        "name": "TWO HBRS INVT CORP",
        "value": "11089436.68",
        "weight": "0.00805256",
        "shared": false
      },
      {
        "name": "GETTY IMAGES INC SR SECURED 144A 11/30 10.5",
        "value": "10324498.75",
        "weight": "0.00749710",
        "shared": false
      },
      {
        "name": "SEE 7.25 02/15/31 144A",
        "value": "8394041.36",
        "weight": "0.00609531",
        "shared": false
      },
      {
        "name": "VERIS RESIDENTIAL INC",
        "value": "7703734.11",
        "weight": "0.00559404",
        "shared": false
      },
      {
        "name": "INTERRENT REAL E",
        "value": "7457829.53",
        "weight": "0.00541548",
        "shared": false
      },
      {
        "name": "Olaplex 2/22 TL 2/17/2029",
        "value": "5116473.00",
        "weight": "0.00371531",
        "shared": false
      },
      {
        "name": "SEE 6.5 07/15/32 144A",
        "value": "4200782.72",
        "weight": "0.00305039",
        "shared": false
      },
      {
        "name": "ZSCALER INC CFD",
        "value": "2367734.15",
        "weight": "0.00171932",
        "shared": true
      },
      {
        "name": "WALGREENS BOOTS ALLIANCE INC",
        "value": "2075176.84",
        "weight": "0.00150688",
        "shared": false
      },
      {
        "name": "ATRIUM THERAPEUTICS INC",
        "value": "1806795.06",
        "weight": "0.00131200",
        "shared": true
      },
      {
        "name": "Lightwave Acquisition Corp.",
        "value": "1016000.00",
        "weight": "0.00073777",
        "shared": false
      },
      {
        "name": "WBD US 11/21/25 P18 LONG",
        "value": "900000.00",
        "weight": "0.00065353",
        "shared": false
      },
      {
        "name": "KENNEDY-WILSON HOLDINGS INC",
        "value": "805862.78",
        "weight": "0.00058517",
        "shared": false
      },
      {
        "name": "WALMART INC",
        "value": "505261.00",
        "weight": "0.00036689",
        "shared": false
      },
      {
        "name": "DAIWA CAPITAL MARKETS AMERICA INC. SLRPD 3.820% 01/02/2026",
        "value": "505261.00",
        "weight": "0.00036689",
        "shared": false
      },
      {
        "name": "USD/TWD FWD 20251202 ROYCGB2L",
        "value": "474946.00",
        "weight": "0.00034488",
        "shared": false
      },
      {
        "name": "CANTOR FITZGERALD SECURITIES SLRPD 3.850% 01/02/2026",
        "value": "474946.00",
        "weight": "0.00034488",
        "shared": false
      },
      {
        "name": "BLUEPRINT MEDICINES CORP",
        "value": "197068.60",
        "weight": "0.00014310",
        "shared": false
      },
      {
        "name": "SAPIENCE WARRANTS 08/23/2027",
        "value": "174915.72",
        "weight": "0.00012701",
        "shared": true
      },
      {
        "name": "US 2YR NOTE (CBT) MAR26 FINANCIAL COMMODITY FUTURE.",
        "value": "139380.73",
        "weight": "0.00010121",
        "shared": false
      },
      {
        "name": "US ULTRA BOND CBT Sep25",
        "value": "139295.00",
        "weight": "0.00010115",
        "shared": false
      },
      {
        "name": "NATIONAL STORAGE AFFILIATES TRUST",
        "value": "138958.68",
        "weight": "0.00010090",
        "shared": false
      },
      {
        "name": "DBRG US 04/17/26 C16 LONG",
        "value": "98400.00",
        "weight": "0.00007145",
        "shared": false
      },
      {
        "name": "TD TRIPARTY MORTGAGE",
        "value": "97750.00",
        "weight": "0.00007098",
        "shared": false
      },
      {
        "name": "INTEGRATED RAIL AND RESOURCES ACQUISITION CORP WT EXPIRATION: 11/12/26",
        "value": "85353.96",
        "weight": "0.00006198",
        "shared": false
      },
      {
        "name": "Treasury Repurchase Agreement",
        "value": "55901.00",
        "weight": "0.00004059",
        "shared": false
      },
      {
        "name": "EQV Ventures Acquisition Corp Warrant",
        "value": "15502.50",
        "weight": "0.00001126",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000940400-26-022201",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/701804/000094040026022201/0000940400-26-022201-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0002048251-26-004762",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1354917/000204825126004762/0002048251-26-004762-index.htm"
    }
  ]
}