{
  "page": "compare",
  "query": {
    "a": "MSTI",
    "b": "FSIG"
  },
  "retrieved_at": "2026-07-07T18:45:02+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": "Madison Short-Term Strategic Income ETF",
    "ticker": "MSTI",
    "slug": "MSTI",
    "series_id": "S000081095",
    "html_url": "https://fundwatcher.app/funds/MSTI/"
  },
  "fund_b": {
    "name": "First Trust Limited Duration Investment Grade Corporate ETF",
    "ticker": "FSIG",
    "slug": "FSIG",
    "series_id": "S000072703",
    "html_url": "https://fundwatcher.app/funds/FSIG/"
  },
  "overlap": {
    "coverage_a_by_b": "0.03033829467465293000571555662",
    "coverage_b_by_a": "0.03033829467465293000571555662",
    "shared_count": 8,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-04-30"
    },
    "a_top": [
      {
        "name": "US BANK MMDA - USBGFS 9",
        "value": "1388067.58",
        "weight": "0.02455202",
        "shared": false
      },
      {
        "name": "US TREASURY N/B",
        "value": "1250976.56",
        "weight": "0.02212717",
        "shared": false
      },
      {
        "name": "FN MA4841",
        "value": "1246885.74",
        "weight": "0.02205481",
        "shared": false
      },
      {
        "name": "GOLDMAN SACHS GP",
        "value": "1242660.26",
        "weight": "0.02198007",
        "shared": false
      },
      {
        "name": "MUSA 5 5/8 05/01/27",
        "value": "1173140.21",
        "weight": "0.02075040",
        "shared": false
      },
      {
        "name": "FNMA UMBS, 30 Year",
        "value": "1163338.36",
        "weight": "0.02057703",
        "shared": false
      },
      {
        "name": "JPMORGAN CHASE",
        "value": "1093410.18",
        "weight": "0.01934015",
        "shared": false
      },
      {
        "name": "BOEING CO/THE",
        "value": "1049982.71",
        "weight": "0.01857200",
        "shared": false
      },
      {
        "name": "HUNTINGTON BANCS",
        "value": "1037279.12",
        "weight": "0.01834730",
        "shared": false
      },
      {
        "name": "AERCAP IRELAND",
        "value": "1034288.55",
        "weight": "0.01829441",
        "shared": false
      },
      {
        "name": "ENERGY TRANS",
        "value": "1021727.43",
        "weight": "0.01807223",
        "shared": false
      },
      {
        "name": "KEYCORP",
        "value": "1020095.49",
        "weight": "0.01804336",
        "shared": false
      },
      {
        "name": "PNC V5.354 12/02/28",
        "value": "1015540.17",
        "weight": "0.01796279",
        "shared": false
      },
      {
        "name": "GE HEALTHCARE",
        "value": "1008720.15",
        "weight": "0.01784216",
        "shared": false
      },
      {
        "name": "FIFTH THIRD BANC",
        "value": "1000448.50",
        "weight": "0.01769585",
        "shared": false
      },
      {
        "name": "MORGAN STANLEY",
        "value": "986600.71",
        "weight": "0.01745091",
        "shared": false
      },
      {
        "name": "LPL HOLDINGS INC REGD 144A P/P 4.00000000",
        "value": "971221.51",
        "weight": "0.01717888",
        "shared": true
      },
      {
        "name": "FR SD8266",
        "value": "961441.92",
        "weight": "0.01700590",
        "shared": false
      },
      {
        "name": "COF V5.463 07/26/30",
        "value": "944045.61",
        "weight": "0.01669820",
        "shared": false
      },
      {
        "name": "VERISIGN INC",
        "value": "900119.64",
        "weight": "0.01592124",
        "shared": false
      },
      {
        "name": "MARATHON PETRO",
        "value": "892550.75",
        "weight": "0.01578736",
        "shared": false
      },
      {
        "name": "BOOZ ALLEN HAMILTON INC REGD 144A P/P 3.87500000",
        "value": "875687.24",
        "weight": "0.01548908",
        "shared": false
      },
      {
        "name": "BANK OF AMER CRP",
        "value": "875606.66",
        "weight": "0.01548766",
        "shared": true
      },
      {
        "name": "FR SD8276",
        "value": "864886.54",
        "weight": "0.01529804",
        "shared": false
      },
      {
        "name": "TransDigm, Inc.",
        "value": "768021.75",
        "weight": "0.01358470",
        "shared": false
      },
      {
        "name": "US TREASURY N/B",
        "value": "764296.88",
        "weight": "0.01351882",
        "shared": false
      },
      {
        "name": "SYNCHRONY FINANC",
        "value": "749432.89",
        "weight": "0.01325591",
        "shared": false
      },
      {
        "name": "BANK OF AMER CRP",
        "value": "740629.33",
        "weight": "0.01310019",
        "shared": true
      },
      {
        "name": "SIMON PROP GP LP",
        "value": "739060.10",
        "weight": "0.01307243",
        "shared": false
      },
      {
        "name": "BXP 6.75 12/01/27",
        "value": "738916.91",
        "weight": "0.01306990",
        "shared": false
      },
      {
        "name": "IT 4.5 07/01/28 144A",
        "value": "737265.92",
        "weight": "0.01304070",
        "shared": false
      },
      {
        "name": "Government National Mortgage Association REMICS",
        "value": "734867.64",
        "weight": "0.01299828",
        "shared": false
      },
      {
        "name": "FR SB8384",
        "value": "730914.65",
        "weight": "0.01292836",
        "shared": false
      },
      {
        "name": "ORACLE CORP",
        "value": "714032.00",
        "weight": "0.01262974",
        "shared": false
      },
      {
        "name": "SBA COMMUNICATIONS CORP SR UNSECURED 02/27 3.875",
        "value": "705716.58",
        "weight": "0.01248265",
        "shared": false
      },
      {
        "name": "Fannie Mae REMICS",
        "value": "704377.19",
        "weight": "0.01245896",
        "shared": false
      },
      {
        "name": "VALERO ENERGY PA",
        "value": "700087.16",
        "weight": "0.01238308",
        "shared": false
      },
      {
        "name": "Federal National Mortgage Association, Inc.",
        "value": "680080.07",
        "weight": "0.01202920",
        "shared": false
      },
      {
        "name": "RHP Hotel Properties LP / RHP Finance Corp 7.25 07/15/2028",
        "value": "638223.31",
        "weight": "0.01128884",
        "shared": false
      },
      {
        "name": "CLH 6 3/8 02/01/31",
        "value": "634447.50",
        "weight": "0.01122205",
        "shared": false
      },
      {
        "name": "CELANESE US HLDS",
        "value": "625628.20",
        "weight": "0.01106606",
        "shared": false
      },
      {
        "name": "Federal National Mortgage Association REMICS",
        "value": "613728.66",
        "weight": "0.01085558",
        "shared": false
      },
      {
        "name": "LAMR 4.875 01/15/29",
        "value": "612490.93",
        "weight": "0.01083369",
        "shared": false
      },
      {
        "name": "LW 4.875 05/15/28 144A",
        "value": "592826.88",
        "weight": "0.01048587",
        "shared": true
      },
      {
        "name": "TPMT 2024-4 A1A",
        "value": "561907.42",
        "weight": "0.00993897",
        "shared": false
      },
      {
        "name": "Roller Bearing Co. of America, Inc.",
        "value": "558204.48",
        "weight": "0.00987347",
        "shared": true
      },
      {
        "name": "Iron Mountain Inc.",
        "value": "539758.19",
        "weight": "0.00954720",
        "shared": false
      },
      {
        "name": "Freddie Mac REMICS",
        "value": "505851.29",
        "weight": "0.00894745",
        "shared": false
      },
      {
        "name": "VZMT 2024-3 B",
        "value": "505741.65",
        "weight": "0.00894552",
        "shared": false
      },
      {
        "name": "PAYCHEX INC",
        "value": "504190.05",
        "weight": "0.00891807",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "CRWD 3 02/15/29",
        "value": "21142004.30",
        "weight": "0.01413021",
        "shared": false
      },
      {
        "name": "MSCI INC SR GLBL 144A 29 4.00%, DUE 11/15/2029",
        "value": "18946701.93",
        "weight": "0.01266298",
        "shared": false
      },
      {
        "name": "Fair Isaac Corp.",
        "value": "15463549.90",
        "weight": "0.01033503",
        "shared": false
      },
      {
        "name": "ENERGY TRANSFER LP 0% CP 01/05/2026",
        "value": "15000000.00",
        "weight": "0.01002522",
        "shared": false
      },
      {
        "name": "Vulcan Materials Company 0% CP 01/05/2026",
        "value": "15000000.00",
        "weight": "0.01002522",
        "shared": false
      },
      {
        "name": "URI 6 12/15/29 144A",
        "value": "14553782.10",
        "weight": "0.00972699",
        "shared": false
      },
      {
        "name": "SMURFIT KAPPA",
        "value": "13247509.86",
        "weight": "0.00885394",
        "shared": false
      },
      {
        "name": "CONSTELLATION ST",
        "value": "13050143.60",
        "weight": "0.00872203",
        "shared": false
      },
      {
        "name": "BERRY GLOBAL INC",
        "value": "11716855.73",
        "weight": "0.00783093",
        "shared": false
      },
      {
        "name": "QUANTA SERVICES",
        "value": "11423009.00",
        "weight": "0.00763454",
        "shared": false
      },
      {
        "name": "IQVIA INC",
        "value": "11206690.00",
        "weight": "0.00748997",
        "shared": false
      },
      {
        "name": "AMERICAN BUILDERS & CONTRACTORS SUPPLY CO INC 144A 4.000000% 01/15/2028",
        "value": "10818359.78",
        "weight": "0.00723043",
        "shared": false
      },
      {
        "name": "MORGAN STANLEY",
        "value": "10694409.92",
        "weight": "0.00714758",
        "shared": false
      },
      {
        "name": "Medline Borrower, L.P.",
        "value": "10692686.40",
        "weight": "0.00714643",
        "shared": false
      },
      {
        "name": "JPMORGAN CHASE",
        "value": "10558783.73",
        "weight": "0.00705694",
        "shared": false
      },
      {
        "name": "CSGP 2.8 07/15/30 144A",
        "value": "10449561.83",
        "weight": "0.00698394",
        "shared": false
      },
      {
        "name": "SKANDINAVISKA ENSKILDA REGD 144A P/P MTN 4.50000000",
        "value": "10427973.57",
        "weight": "0.00696951",
        "shared": false
      },
      {
        "name": "Gildan Activewear Inc",
        "value": "10396524.08",
        "weight": "0.00694849",
        "shared": false
      },
      {
        "name": "ARTHUR J GALLAGH",
        "value": "10099367.60",
        "weight": "0.00674989",
        "shared": false
      },
      {
        "name": "BANK OF AMER CRP",
        "value": "10060735.90",
        "weight": "0.00672407",
        "shared": true
      },
      {
        "name": "AMRIZE FINANCE",
        "value": "10043058.41",
        "weight": "0.00671225",
        "shared": false
      },
      {
        "name": "NASDAQ INC",
        "value": "9679461.37",
        "weight": "0.00646925",
        "shared": false
      },
      {
        "name": "FACTSET RESEARCH",
        "value": "9546181.45",
        "weight": "0.00638017",
        "shared": false
      },
      {
        "name": "US FOODS INC SR UNSECURED 144A 02/29 4.75",
        "value": "9402991.70",
        "weight": "0.00628447",
        "shared": false
      },
      {
        "name": "BACARDI MARTINI BV 0% CP 01/05/2026",
        "value": "9300000.00",
        "weight": "0.00621563",
        "shared": false
      },
      {
        "name": "GFL Environmental Inc.",
        "value": "9280079.75",
        "weight": "0.00620232",
        "shared": false
      },
      {
        "name": "PUBLIC SERVICE",
        "value": "8989964.72",
        "weight": "0.00600842",
        "shared": false
      },
      {
        "name": "CCL INDUSTRIES INC REGD 144A P/P 3.05000000",
        "value": "8958167.97",
        "weight": "0.00598717",
        "shared": false
      },
      {
        "name": "MOLINA HEALTHCARE INC SR UNSECURED 144A 06/28 4.375",
        "value": "8878257.90",
        "weight": "0.00593376",
        "shared": false
      },
      {
        "name": "RYAN SPECIALTY LLC SR SECURED 144A 02/30 4.375",
        "value": "8390543.15",
        "weight": "0.00560780",
        "shared": false
      },
      {
        "name": "ICON Investments Six DAC",
        "value": "8153090.56",
        "weight": "0.00544910",
        "shared": false
      },
      {
        "name": "Citadel Securities Global Holdings LLC",
        "value": "8143107.76",
        "weight": "0.00544243",
        "shared": false
      },
      {
        "name": "AON CORP/AON GLO",
        "value": "8133682.01",
        "weight": "0.00543613",
        "shared": false
      },
      {
        "name": "American Express Co.",
        "value": "7985774.80",
        "weight": "0.00533727",
        "shared": false
      },
      {
        "name": "Bank of New York Mellon Corp.",
        "value": "7971137.52",
        "weight": "0.00532749",
        "shared": false
      },
      {
        "name": "ING GROEP NV",
        "value": "7967736.56",
        "weight": "0.00532522",
        "shared": false
      },
      {
        "name": "STT V4.558 04/23/32",
        "value": "7963268.40",
        "weight": "0.00532223",
        "shared": false
      },
      {
        "name": "FIRSTENERGY PENN",
        "value": "7958068.00",
        "weight": "0.00531876",
        "shared": false
      },
      {
        "name": "ALCSW 3 09/23/29 144A",
        "value": "7842835.79",
        "weight": "0.00524174",
        "shared": false
      },
      {
        "name": "RYASPE 5.875 08/01/32 144A",
        "value": "7809017.80",
        "weight": "0.00521914",
        "shared": false
      },
      {
        "name": "Salesforce Inc",
        "value": "7666209.81",
        "weight": "0.00512369",
        "shared": false
      },
      {
        "name": "UBS GROUP",
        "value": "7655838.68",
        "weight": "0.00511676",
        "shared": false
      },
      {
        "name": "MARS INC",
        "value": "7610292.08",
        "weight": "0.00508632",
        "shared": false
      },
      {
        "name": "Swedbank AB",
        "value": "7550310.90",
        "weight": "0.00504623",
        "shared": false
      },
      {
        "name": "ATLASSIAN CORP",
        "value": "7545235.88",
        "weight": "0.00504284",
        "shared": false
      },
      {
        "name": "CHARTER COMM OPT",
        "value": "7520852.70",
        "weight": "0.00502654",
        "shared": false
      },
      {
        "name": "JPMORGAN CHASE",
        "value": "7441536.68",
        "weight": "0.00497353",
        "shared": false
      },
      {
        "name": "CAN PAC RR CO",
        "value": "7416964.20",
        "weight": "0.00495711",
        "shared": false
      },
      {
        "name": "VRT 4.125 11/15/28 144A",
        "value": "7414752.00",
        "weight": "0.00495563",
        "shared": false
      },
      {
        "name": "BANK OF AMER CRP",
        "value": "7397881.35",
        "weight": "0.00494436",
        "shared": true
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001193125-26-244447",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1976877/000119312526244447/0001193125-26-244447-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0000940400-26-024901",
      "as_of": "2026-04-30",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1517936/000094040026024901/0000940400-26-024901-index.htm"
    }
  ]
}