{
  "page": "compare",
  "query": {
    "a": "RAZAX",
    "b": "QWLD"
  },
  "retrieved_at": "2026-07-07T16:49:18+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": "Multi-Asset Strategy Fund",
    "ticker": "RAZAX",
    "slug": "RAZAX",
    "series_id": "S000055522",
    "html_url": "https://fundwatcher.app/funds/RAZAX/"
  },
  "fund_b": {
    "name": "SPDR MSCI World StrategicFactors ETF",
    "ticker": "QWLD",
    "slug": "QWLD",
    "series_id": "S000045388",
    "html_url": "https://fundwatcher.app/funds/QWLD/"
  },
  "overlap": {
    "coverage_a_by_b": "0.2564583859346775427501793298",
    "coverage_b_by_a": "0.2564583859346775427501793300",
    "shared_count": 508,
    "as_of": {
      "a": "2026-04-30",
      "b": "2026-03-31"
    },
    "a_top": [
      {
        "name": "U.S. Cash Management Fund",
        "value": "38211980.11",
        "weight": "0.06438940",
        "shared": false
      },
      {
        "name": "APPLE INC",
        "value": "7631176.05",
        "weight": "0.01285897",
        "shared": true
      },
      {
        "name": "ALPHABET INC CL A",
        "value": "7184216.00",
        "weight": "0.01210582",
        "shared": true
      },
      {
        "name": "TSMC",
        "value": "6856743.14",
        "weight": "0.01155401",
        "shared": false
      },
      {
        "name": "ZCS BRL 14.0087 05/12/25-01/04/27 CME",
        "value": "6241667.96",
        "weight": "0.01051757",
        "shared": false
      },
      {
        "name": "MICROSOFT CORP",
        "value": "6160332.46",
        "weight": "0.01038052",
        "shared": true
      },
      {
        "name": "NVIDIA CORP",
        "value": "6123805.45",
        "weight": "0.01031897",
        "shared": true
      },
      {
        "name": "Stannaway Park Clo DAC",
        "value": "4685308.14",
        "weight": "0.00789502",
        "shared": false
      },
      {
        "name": "SAMSUNG ELECTRONICS CO LTD",
        "value": "4583382.85",
        "weight": "0.00772327",
        "shared": false
      },
      {
        "name": "TAIWAN SEMIC MFG CO LTD SP ADR",
        "value": "4432703.52",
        "weight": "0.00746936",
        "shared": false
      },
      {
        "name": "AMAZON.COM INC",
        "value": "3973249.40",
        "weight": "0.00669515",
        "shared": true
      },
      {
        "name": "OCP Euro Clo 2025-14 DAC",
        "value": "3527191.70",
        "weight": "0.00594352",
        "shared": false
      },
      {
        "name": "Carlyle Euro CLO 2024-1 DAC",
        "value": "3526086.12",
        "weight": "0.00594166",
        "shared": false
      },
      {
        "name": "BROADCOM INC",
        "value": "3256788.86",
        "weight": "0.00548788",
        "shared": true
      },
      {
        "name": "BABA-W",
        "value": "3160099.53",
        "weight": "0.00532495",
        "shared": false
      },
      {
        "name": "WELLTOWER INC",
        "value": "3105788.60",
        "weight": "0.00523343",
        "shared": true
      },
      {
        "name": "Madison Park Funding LXXV Ltd",
        "value": "3003672.00",
        "weight": "0.00506136",
        "shared": false
      },
      {
        "name": "Elmwood CLO 46 Ltd",
        "value": "3002772.00",
        "weight": "0.00505984",
        "shared": false
      },
      {
        "name": "ALPHABET INC CL C",
        "value": "2866459.70",
        "weight": "0.00483015",
        "shared": true
      },
      {
        "name": "RCKT Mortgage Trust 2025-CES11",
        "value": "2853705.21",
        "weight": "0.00480866",
        "shared": false
      },
      {
        "name": "SK HYNIX INC",
        "value": "2833492.63",
        "weight": "0.00477460",
        "shared": false
      },
      {
        "name": "TENCENT HOLDINGS LTD",
        "value": "2815113.30",
        "weight": "0.00474363",
        "shared": false
      },
      {
        "name": "Kinbane 2024-RPL 1 DAC",
        "value": "2759553.50",
        "weight": "0.00465001",
        "shared": false
      },
      {
        "name": "PRPM 2025-RCF6 LLC PRPM 2025-RCF6 M2",
        "value": "2758844.99",
        "weight": "0.00464881",
        "shared": false
      },
      {
        "name": "ZOOM COMMUNICATIONS INC",
        "value": "2660537.00",
        "weight": "0.00448316",
        "shared": false
      },
      {
        "name": "VDCM COMMERCIAL MORTGAGE TRUST 2025-AZ E VAR 07/13/2044 144A",
        "value": "2654185.82",
        "weight": "0.00447246",
        "shared": false
      },
      {
        "name": "MASTERCARD INC CL A",
        "value": "2569418.28",
        "weight": "0.00432962",
        "shared": true
      },
      {
        "name": "ULTRA CLEAN HOLDINGS INC",
        "value": "2430621.30",
        "weight": "0.00409574",
        "shared": false
      },
      {
        "name": "JP Morgan Mortgage Trust, Series 2025-CES7, Class A1A",
        "value": "2389692.02",
        "weight": "0.00402677",
        "shared": false
      },
      {
        "name": "CIFC Funding Ltd., Series 2019-7A, Class D1R",
        "value": "2382756.04",
        "weight": "0.00401508",
        "shared": false
      },
      {
        "name": "Ally Bank Auto Credit-Linked Notes, Series 2025-B, Class E",
        "value": "2372162.30",
        "weight": "0.00399723",
        "shared": false
      },
      {
        "name": "CVC Cordatus Loan Fund XVIII DAC",
        "value": "2343069.54",
        "weight": "0.00394821",
        "shared": false
      },
      {
        "name": "JOHNSON&JOHNSON",
        "value": "2293443.30",
        "weight": "0.00386458",
        "shared": true
      },
      {
        "name": "CMBS",
        "value": "2253101.80",
        "weight": "0.00379661",
        "shared": false
      },
      {
        "name": "CME GROUP INC CL A",
        "value": "2170162.80",
        "weight": "0.00365685",
        "shared": true
      },
      {
        "name": "BKV CORPORATION",
        "value": "2167403.73",
        "weight": "0.00365220",
        "shared": false
      },
      {
        "name": "META PLATFORMS INC CL A",
        "value": "2128834.89",
        "weight": "0.00358721",
        "shared": true
      },
      {
        "name": "DIGITAL REALTY TRUST INC",
        "value": "2107056.84",
        "weight": "0.00355051",
        "shared": true
      },
      {
        "name": "ASML Holding NV",
        "value": "2097553.16",
        "weight": "0.00353450",
        "shared": true
      },
      {
        "name": "TERADATA CORP",
        "value": "1867187.35",
        "weight": "0.00314632",
        "shared": false
      },
      {
        "name": "COOPR Residential Mortgage Trust 2025-CES4",
        "value": "1772833.93",
        "weight": "0.00298733",
        "shared": false
      },
      {
        "name": "TJX COS INC",
        "value": "1744627.50",
        "weight": "0.00293980",
        "shared": true
      },
      {
        "name": "JPMORGAN CHASE and CO",
        "value": "1727776.68",
        "weight": "0.00291140",
        "shared": true
      },
      {
        "name": "EQUINIX INC",
        "value": "1678386.50",
        "weight": "0.00282818",
        "shared": true
      },
      {
        "name": "AUTOZONE INC",
        "value": "1637181.26",
        "weight": "0.00275875",
        "shared": true
      },
      {
        "name": "Etsy, Inc. 0.250%, Due 06/15/2028",
        "value": "1633538.99",
        "weight": "0.00275261",
        "shared": false
      },
      {
        "name": "BMRN 1 1/4 05/15/27",
        "value": "1632265.70",
        "weight": "0.00275046",
        "shared": false
      },
      {
        "name": "AFRM 0 11/15/26",
        "value": "1610255.07",
        "weight": "0.00271337",
        "shared": false
      },
      {
        "name": "KEYENCE CORP",
        "value": "1603132.60",
        "weight": "0.00270137",
        "shared": true
      },
      {
        "name": "ENPHASE ENERGY INC SR UNSECURED 03/28 0.00000",
        "value": "1587725.59",
        "weight": "0.00267541",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "State Street Navigator Securities Lending Portfolio II",
        "value": "7161345.43",
        "weight": "0.03895073",
        "shared": false
      },
      {
        "name": "APPLE INC",
        "value": "3913188.01",
        "weight": "0.02128392",
        "shared": true
      },
      {
        "name": "MICROSOFT CORP",
        "value": "3566217.78",
        "weight": "0.01939674",
        "shared": true
      },
      {
        "name": "NVIDIA CORP",
        "value": "3461491.20",
        "weight": "0.01882713",
        "shared": true
      },
      {
        "name": "META PLATFORMS INC CL A",
        "value": "3296040.93",
        "weight": "0.01792725",
        "shared": true
      },
      {
        "name": "JOHNSON&JOHNSON",
        "value": "2577130.92",
        "weight": "0.01401708",
        "shared": true
      },
      {
        "name": "ALPHABET INC CL A",
        "value": "2171365.56",
        "weight": "0.01181011",
        "shared": true
      },
      {
        "name": "VISA INC-CLASS A",
        "value": "2138348.00",
        "weight": "0.01163053",
        "shared": true
      },
      {
        "name": "EXXON MOBIL CORP",
        "value": "2118205.10",
        "weight": "0.01152097",
        "shared": true
      },
      {
        "name": "LILLY ELI and CO",
        "value": "2099834.91",
        "weight": "0.01142105",
        "shared": true
      },
      {
        "name": "ALPHABET INC CL C",
        "value": "1997693.04",
        "weight": "0.01086550",
        "shared": true
      },
      {
        "name": "ASML Holding NV",
        "value": "1983315.69",
        "weight": "0.01078730",
        "shared": true
      },
      {
        "name": "WALMART INC",
        "value": "1771114.28",
        "weight": "0.00963313",
        "shared": true
      },
      {
        "name": "CISCO SYSTEMS INC",
        "value": "1692393.08",
        "weight": "0.00920497",
        "shared": true
      },
      {
        "name": "Novartis AG (Registered)",
        "value": "1685467.19",
        "weight": "0.00916730",
        "shared": true
      },
      {
        "name": "PROCTER & GAMBLE",
        "value": "1558363.16",
        "weight": "0.00847597",
        "shared": true
      },
      {
        "name": "MERCK & CO",
        "value": "1438427.82",
        "weight": "0.00782364",
        "shared": true
      },
      {
        "name": "COSTCO WHOLESALE CORP",
        "value": "1429877.05",
        "weight": "0.00777714",
        "shared": true
      },
      {
        "name": "COCA-COLA CO/THE",
        "value": "1339544.70",
        "weight": "0.00728582",
        "shared": true
      },
      {
        "name": "PEPSICO INC",
        "value": "1294963.31",
        "weight": "0.00704334",
        "shared": true
      },
      {
        "name": "BERKSHIRE HATH-B",
        "value": "1273713.60",
        "weight": "0.00692776",
        "shared": true
      },
      {
        "name": "NETFLIX INC",
        "value": "1249757.70",
        "weight": "0.00679746",
        "shared": true
      },
      {
        "name": "AT&T INC",
        "value": "1190126.47",
        "weight": "0.00647313",
        "shared": true
      },
      {
        "name": "VERIZON COMMUNICATIONS INC",
        "value": "1140744.80",
        "weight": "0.00620454",
        "shared": true
      },
      {
        "name": "MASTERCARD INC CL A",
        "value": "1126233.64",
        "weight": "0.00612561",
        "shared": true
      },
      {
        "name": "ROCHE HOLDING AG",
        "value": "1039404.89",
        "weight": "0.00565335",
        "shared": true
      },
      {
        "name": "CATERPILLAR INC",
        "value": "1037185.44",
        "weight": "0.00564128",
        "shared": false
      },
      {
        "name": "DUKE ENERGY CORP NEW",
        "value": "1001952.88",
        "weight": "0.00544965",
        "shared": true
      },
      {
        "name": "UNITEDHEALTH GRP",
        "value": "978182.85",
        "weight": "0.00532036",
        "shared": true
      },
      {
        "name": "TJX COS INC",
        "value": "972253.60",
        "weight": "0.00528811",
        "shared": true
      },
      {
        "name": "LAM RESEARCH CORP",
        "value": "959974.38",
        "weight": "0.00522132",
        "shared": true
      },
      {
        "name": "SOUTHERN CO",
        "value": "933831.00",
        "weight": "0.00507913",
        "shared": true
      },
      {
        "name": "ASTRAZENECA PLC",
        "value": "928291.51",
        "weight": "0.00504900",
        "shared": true
      },
      {
        "name": "CHEVRON CORP",
        "value": "908291.00",
        "weight": "0.00494022",
        "shared": true
      },
      {
        "name": "ABBOTT LABS",
        "value": "906473.43",
        "weight": "0.00493033",
        "shared": true
      },
      {
        "name": "NESTLE SA (REG)",
        "value": "900285.61",
        "weight": "0.00489667",
        "shared": true
      },
      {
        "name": "SHELL PLC",
        "value": "881713.50",
        "weight": "0.00479566",
        "shared": true
      },
      {
        "name": "CENCORA INC",
        "value": "881162.70",
        "weight": "0.00479266",
        "shared": true
      },
      {
        "name": "APPLIED MATERIALS INC",
        "value": "857209.32",
        "weight": "0.00466238",
        "shared": true
      },
      {
        "name": "JPMORGAN CHASE and CO",
        "value": "855123.12",
        "weight": "0.00465104",
        "shared": true
      },
      {
        "name": "AMPHENOL CORPORATION CL A",
        "value": "831383.00",
        "weight": "0.00452191",
        "shared": false
      },
      {
        "name": "CME GROUP INC CL A",
        "value": "813689.25",
        "weight": "0.00442568",
        "shared": true
      },
      {
        "name": "MCKESSON CORP",
        "value": "778824.00",
        "weight": "0.00423604",
        "shared": true
      },
      {
        "name": "MOTOROLA SOLUTIONS INC",
        "value": "769862.78",
        "weight": "0.00418730",
        "shared": true
      },
      {
        "name": "CHUBB LTD",
        "value": "749313.07",
        "weight": "0.00407553",
        "shared": true
      },
      {
        "name": "LOCKHEED MARTIN CORP",
        "value": "745817.26",
        "weight": "0.00405652",
        "shared": false
      },
      {
        "name": "MCDONALDS CORP",
        "value": "726937.81",
        "weight": "0.00395383",
        "shared": true
      },
      {
        "name": "VERTEX PHARMACEUTICALS INC",
        "value": "726074.04",
        "weight": "0.00394913",
        "shared": true
      },
      {
        "name": "PROGRESSIVE CORP OHIO",
        "value": "711879.84",
        "weight": "0.00387193",
        "shared": true
      },
      {
        "name": "TOTALENERGIES SE",
        "value": "700861.71",
        "weight": "0.00381200",
        "shared": true
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001410368-26-063581",
      "as_of": "2026-04-30",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/351601/000141036826063581/0001410368-26-063581-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001410368-26-055336",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1168164/000141036826055336/0001410368-26-055336-index.htm"
    }
  ]
}