{
  "page": "compare",
  "query": {
    "a": "PHSIX",
    "b": "USHY"
  },
  "retrieved_at": "2026-07-07T16:49:15+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": "PIMCO High Yield Spectrum Fund",
    "ticker": "PHSIX",
    "slug": "PHSIX",
    "series_id": "S000029813",
    "html_url": "https://fundwatcher.app/funds/PHSIX/"
  },
  "fund_b": {
    "name": "iShares Broad USD High Yield Corporate Bond ETF",
    "ticker": "USHY",
    "slug": "USHY",
    "series_id": "S000059297",
    "html_url": "https://fundwatcher.app/funds/USHY/"
  },
  "overlap": {
    "coverage_a_by_b": "0.2141698261424857368645690093",
    "coverage_b_by_a": "0.2141698261424857368645690097",
    "shared_count": 351,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-01-31"
    },
    "a_top": [
      {
        "name": "US TREASURY N/B",
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        "weight": "0.06128433",
        "shared": false
      },
      {
        "name": "US TREASURY N/B",
        "value": "16316443.42",
        "weight": "0.04010507",
        "shared": false
      },
      {
        "name": "Restaurant Brands International Limited Partnership",
        "value": "3714778.29",
        "weight": "0.00913075",
        "shared": true
      },
      {
        "name": "Venture Global LNG Inc",
        "value": "3575453.00",
        "weight": "0.00878830",
        "shared": true
      },
      {
        "name": "U.S. Treasury Bills",
        "value": "2899708.09",
        "weight": "0.00712735",
        "shared": false
      },
      {
        "name": "ALTICE SA SR SECURED 144A 11/29 9.5",
        "value": "2510692.31",
        "weight": "0.00617117",
        "shared": true
      },
      {
        "name": "Rocket Cos., Inc.",
        "value": "2398386.63",
        "weight": "0.00589512",
        "shared": true
      },
      {
        "name": "VOC ESCROW LTD SR SECURED 144A 02/28 5",
        "value": "2391258.24",
        "weight": "0.00587760",
        "shared": true
      },
      {
        "name": "CORPBOND",
        "value": "2326817.68",
        "weight": "0.00571921",
        "shared": true
      },
      {
        "name": "HLT 3.625 02/15/32 144A",
        "value": "2319607.76",
        "weight": "0.00570149",
        "shared": true
      },
      {
        "name": "CCO Holdings LLC / CCO Holdings Capital Corp",
        "value": "2197481.71",
        "weight": "0.00540131",
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      },
      {
        "name": "SUNOCO LP REGD 144A P/P 5.62500000",
        "value": "2191460.26",
        "weight": "0.00538651",
        "shared": true
      },
      {
        "name": "1261229 BC Ltd",
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        "weight": "0.00528914",
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      },
      {
        "name": "VENTURE GLOBAL CALCASIEU SR SECURED 144A 11/33 3.875",
        "value": "2105796.84",
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      },
      {
        "name": "WarnerMedia Holdings, Inc.",
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      },
      {
        "name": "FHLBanks Office of Finance",
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      {
        "name": "EchoStar Corp",
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      },
      {
        "name": "VIACOM INC",
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      {
        "name": "HUB International Ltd.",
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        "name": "Advance Auto Parts, Inc.",
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      {
        "name": "VMED O2 UK FINC. I 4.75%",
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      {
        "name": "PINNACLE BIDCO PLC SR SECURED REGS 10/28 8.25",
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      },
      {
        "name": "SIMMONS FOODS INC/SIMMONS PREP SECURED 144A 03/29 4.625",
        "value": "1902084.99",
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      },
      {
        "name": "ZIGGO 5 01/15/32 144a",
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      {
        "name": "Venture Global Plaquemines LNG, LLC",
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      },
      {
        "name": "TOPBUILD CORP REGD 144A P/P 3.62500000",
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      },
      {
        "name": "LYV 3.75 01/15/28 144A",
        "value": "1805706.19",
        "weight": "0.00443834",
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      {
        "name": "CCO Holdings, LLC/CCO Holdings Capital Corp.",
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      {
        "name": "T/L JANE STREET GROUP LLC REGD ZCP TERM LOAN 0.00000000",
        "value": "1764662.90",
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      {
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      {
        "name": "TRANSDIGM TERM J 1LN 02/28/2031",
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        "name": "Clydesdale Acquisition Holdings Inc",
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      {
        "name": "Windstream Services LLC / Windstream Escrow Finance Corp.",
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      {
        "name": "ONEMAIN FIN. CORP 6.125%",
        "value": "1712420.33",
        "weight": "0.00420905",
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      {
        "name": "BALL CORP SR UNSEC 2.875% 08-15-30",
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      {
        "name": "DO 8.5 10/01/30 144A",
        "value": "1664675.78",
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      {
        "name": "CDX HY45 5Y ICE",
        "value": "1651197.82",
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      {
        "name": "RCM 6.875 11/15/31 144A",
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      {
        "name": "HOWMID 6 5/8 01/15/34",
        "value": "1582114.28",
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      {
        "name": "TransDigm, Inc., Term Loan",
        "value": "1571540.40",
        "weight": "0.00386277",
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      {
        "name": "VORNADO REALTY LP SR UNSECURED 02/33 5.75",
        "value": "1569956.61",
        "weight": "0.00385888",
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      },
      {
        "name": "SIRIUS XM RADIO LLC REGD 144A P/P 4.12500000",
        "value": "1569445.19",
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      },
      {
        "name": "VMED O2 UK FINAN SR SECURED REGS 07/31 4.5",
        "value": "1562047.70",
        "weight": "0.00383944",
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      },
      {
        "name": "URI 3.75 01/15/32",
        "value": "1560214.44",
        "weight": "0.00383494",
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      },
      {
        "name": "Jane Street Group / JSG Finance Inc.",
        "value": "1542849.00",
        "weight": "0.00379225",
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      },
      {
        "name": "Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer",
        "value": "1513533.11",
        "weight": "0.00372019",
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      },
      {
        "name": "Nexstar Media Inc",
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        "weight": "0.00371725",
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      {
        "name": "XYZ 6.5 05/15/32",
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      {
        "name": "WFRD 6.75 10/15/33 144A",
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    ],
    "b_top": [
      {
        "name": "BlackRock Cash Funds: Institutional, SL Agency Shares",
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      {
        "name": "BlackRock Cash Funds: Treasury, SL Agency Shares",
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      {
        "name": "1261229 BC Ltd",
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      },
      {
        "name": "EchoStar Corp",
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      },
      {
        "name": "Medline Borrower, L.P.",
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      },
      {
        "name": "QUIKRETE HOLDINGS INC SR SECURED 144A 03/32 6.375",
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      },
      {
        "name": "Cloud Software Group, Inc.",
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      {
        "name": "Cloud Software Group Inc",
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      },
      {
        "name": "HUB International Ltd.",
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      {
        "name": "CHTR 5 1/8 05/01/27",
        "value": "56903285.53",
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      },
      {
        "name": "Venture Global LNG, Inc.",
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      },
      {
        "name": "DISH Network Corp",
        "value": "55210869.47",
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      {
        "name": "TIHLLC 7 1/8 06/01/31",
        "value": "54946552.10",
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      {
        "name": "American Airlines Inc/AAdvantage Loyalty IP Ltd",
        "value": "54382469.29",
        "weight": "0.00189660",
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      },
      {
        "name": "CORPBOND",
        "value": "53530558.05",
        "weight": "0.00186689",
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      },
      {
        "name": "Carnival Corp.",
        "value": "52563088.32",
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      },
      {
        "name": "WarnerMedia Holdings, Inc.",
        "value": "51985000.00",
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      {
        "name": "CHTR 4.75 03/01/30 144A",
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      {
        "name": "EMRLD Borrower L.P./ Emerald Co-Issuer Inc.",
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      },
      {
        "name": "TransDigm, Inc.",
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      {
        "name": "CHTR 4.25 02/01/31 144A",
        "value": "48609951.54",
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      },
      {
        "name": "Restaurant Brands International Limited Partnership",
        "value": "48521139.37",
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      },
      {
        "name": "NLSN 9.29% Secured Nts due 2029 144A",
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      {
        "name": "TransDigm, Inc.",
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      {
        "name": "DVA 4.625 06/01/30 144A",
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      {
        "name": "CCO Holdings, LLC/CCO Holdings Capital Corp.",
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      {
        "name": "CCO Holdings LLC / CCO Holdings Capital Corp",
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      {
        "name": "Carvana Co.",
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      {
        "name": "NSANY 4.345 09/17/27 144A",
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      {
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      },
      {
        "name": "Level 3 Financing, Inc.",
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      {
        "name": "Medline Borrower, L.P.",
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      },
      {
        "name": "WarnerMedia Holdings, Inc.",
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      {
        "name": "UNSEAM 7.875 02/15/31 144A",
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      },
      {
        "name": "WULF COMPUTE LLC SR SECURED 144A 10/30 7.75",
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      },
      {
        "name": "STAPLES INC SR SECURED 144A 09/29 10.75",
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      },
      {
        "name": "MAUSER PACKAGING SOLUT SR SECURED 144A 04/30 7.875",
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      {
        "name": "SATS 6.75 11/30/30",
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      {
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      },
      {
        "name": "Nissan Motor Co., Ltd.",
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      },
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        "name": "TransDigm, Inc.",
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      },
      {
        "name": "APLD COMPUTECO LLC SR SECURED 144A 12/30 9.25",
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      {
        "name": "SKX 10 07/15/33 144a",
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      },
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        "name": "MINERVA MERGER SUB INC",
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      },
      {
        "name": "Venture Global LNG Inc",
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      },
      {
        "name": "CYH 10.875 01/15/32 144A",
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    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001099263-26-007222",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/810893/000109926326007222/0001099263-26-007222-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001410368-26-031686",
      "as_of": "2026-01-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1100663/000141036826031686/0001410368-26-031686-index.htm"
    }
  ]
}