{
  "page": "compare",
  "query": {
    "a": "RRFIX",
    "b": "TIP"
  },
  "retrieved_at": "2026-07-07T14:46:11+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": "Federated Hermes Inflation Protected Securities Fund",
    "ticker": "RRFIX",
    "slug": "RRFIX",
    "series_id": "S000009078",
    "html_url": "https://fundwatcher.app/funds/RRFIX/"
  },
  "fund_b": {
    "name": "iShares TIPS Bond ETF",
    "ticker": "TIP",
    "slug": "TIP",
    "series_id": "S000004363",
    "html_url": "https://fundwatcher.app/funds/TIP/"
  },
  "overlap": {
    "coverage_a_by_b": "0.5363547810259544493326699732",
    "coverage_b_by_a": "0.5363547810259544493326699732",
    "shared_count": 31,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-01-31"
    },
    "a_top": [
      {
        "name": "U.S. Treasury Inflation-Linked Notes",
        "value": "7967756.39",
        "weight": "0.07075059",
        "shared": true
      },
      {
        "name": "U.S. Treasury Notes",
        "value": "5542732.65",
        "weight": "0.04921732",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 2-1/2% 01/15/29",
        "value": "5497321.52",
        "weight": "0.04881409",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES .125 07/15/2030",
        "value": "5431257.69",
        "weight": "0.04822746",
        "shared": true
      },
      {
        "name": "U.S. Treasury Inflation-Protected Indexed Notes",
        "value": "5205244.25",
        "weight": "0.04622055",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-5/8% 10/15/27",
        "value": "4459071.47",
        "weight": "0.03959483",
        "shared": true
      },
      {
        "name": "U.S. Treasury Inflation-Indexed Notes",
        "value": "4448722.36",
        "weight": "0.03950293",
        "shared": false
      },
      {
        "name": "U.S. Treasury Inflation-Protected Indexed Notes",
        "value": "4199082.13",
        "weight": "0.03728622",
        "shared": true
      },
      {
        "name": "UNITED STATES TREASURY INFLATION INDEXED BONDS I/L 2.375% 02-15-56",
        "value": "3718474.09",
        "weight": "0.03301861",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 07/15/2031",
        "value": "3399495.06",
        "weight": "0.03018620",
        "shared": true
      },
      {
        "name": "U.S. Treasury Notes",
        "value": "3237012.96",
        "weight": "0.02874342",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES .875% 01/15/2029",
        "value": "3195621.95",
        "weight": "0.02837588",
        "shared": true
      },
      {
        "name": "U.S. Treasury Inflation-Protected Notes 1.75%, Due 01/15/2034",
        "value": "3158803.48",
        "weight": "0.02804895",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.125% 01/15/2033",
        "value": "3153838.91",
        "weight": "0.02800487",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-3/4% 01/15/28",
        "value": "3148378.57",
        "weight": "0.02795638",
        "shared": true
      },
      {
        "name": "U.S. Treasury Notes",
        "value": "3094806.39",
        "weight": "0.02748068",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES .25%  07/15/29",
        "value": "3090228.14",
        "weight": "0.02744003",
        "shared": true
      },
      {
        "name": "US TREASURY N/B",
        "value": "3025314.90",
        "weight": "0.02686362",
        "shared": false
      },
      {
        "name": "US TREASURY N/B",
        "value": "3004453.14",
        "weight": "0.02667838",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8%  01/15/32",
        "value": "2805954.59",
        "weight": "0.02491579",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 07/15/2028",
        "value": "2582573.14",
        "weight": "0.02293225",
        "shared": true
      },
      {
        "name": "U.S. Treasury Notes 0.125%, Due 1/15/2030",
        "value": "2418169.28",
        "weight": "0.02147241",
        "shared": true
      },
      {
        "name": "Federated Hermes Government Obligations Tax-Managed Fund, Institutional Class",
        "value": "2169798.63",
        "weight": "0.01926697",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 07/15/2032",
        "value": "2111237.60",
        "weight": "0.01874697",
        "shared": true
      },
      {
        "name": "U.S. Treasury Inflation-Protected Indexed Bonds",
        "value": "2008794.11",
        "weight": "0.01783731",
        "shared": true
      },
      {
        "name": "US TREASURY N/B",
        "value": "1992031.20",
        "weight": "0.01768847",
        "shared": false
      },
      {
        "name": "US TREASURY N/B",
        "value": "1961250.00",
        "weight": "0.01741514",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-3/8% 02/15/2044",
        "value": "1726704.13",
        "weight": "0.01533246",
        "shared": true
      },
      {
        "name": "Freddie Mac REMICS",
        "value": "1643983.69",
        "weight": "0.01459794",
        "shared": false
      },
      {
        "name": "Fannie Mae REMICS",
        "value": "1594789.60",
        "weight": "0.01416111",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1% 02/15/46",
        "value": "1524177.20",
        "weight": "0.01353410",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 2 1/8% 02/15/40",
        "value": "1471257.90",
        "weight": "0.01306420",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1% 02/15/48",
        "value": "1417208.85",
        "weight": "0.01258427",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.250 04/15/2028",
        "value": "1087984.47",
        "weight": "0.00966088",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.375 07/15/33",
        "value": "1046390.50",
        "weight": "0.00929154",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 02/15/2043",
        "value": "1040284.83",
        "weight": "0.00923733",
        "shared": true
      },
      {
        "name": "U.S. Treasury Inflation-Protected Indexed Bonds",
        "value": "956014.14",
        "weight": "0.00848904",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 01/15/2031",
        "value": "880532.19",
        "weight": "0.00781878",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0.25% 02/15/2050",
        "value": "714784.28",
        "weight": "0.00634701",
        "shared": true
      },
      {
        "name": "U.S. Treasury Inflation-Protected Indexed Notes",
        "value": "523626.26",
        "weight": "0.00464960",
        "shared": true
      },
      {
        "name": "U.S. Treasury Inflation-Protected Indexed Bonds",
        "value": "496303.96",
        "weight": "0.00440699",
        "shared": true
      },
      {
        "name": "U.S. Treasury Inflation-Protected Notes 2.125%, Due 02/15/2054",
        "value": "466059.87",
        "weight": "0.00413843",
        "shared": true
      }
    ],
    "b_top": [
      {
        "name": "U.S. Treasury Notes",
        "value": "562469368.82",
        "weight": "0.04076624",
        "shared": true
      },
      {
        "name": "U.S. Treasury Inflation-Protected Indexed Notes",
        "value": "553987634.74",
        "weight": "0.04015151",
        "shared": true
      },
      {
        "name": "U.S. Treasury Inflation Linked Notes",
        "value": "520753865.13",
        "weight": "0.03774281",
        "shared": false
      },
      {
        "name": "U.S. Treasury Inflation-Protected Notes 1.75%, Due 01/15/2034",
        "value": "496929722.52",
        "weight": "0.03601610",
        "shared": true
      },
      {
        "name": "U.S. Treasury Inflation-Linked Notes",
        "value": "469402868.60",
        "weight": "0.03402103",
        "shared": true
      },
      {
        "name": "U.S. Treasury Notes",
        "value": "467067188.97",
        "weight": "0.03385175",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.125% 01/15/2033",
        "value": "463790108.29",
        "weight": "0.03361424",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.375 07/15/33",
        "value": "461316547.56",
        "weight": "0.03343496",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 07/15/2032",
        "value": "458831470.76",
        "weight": "0.03325485",
        "shared": true
      },
      {
        "name": "U.S. Treasury Inflation-Protected Indexed Notes",
        "value": "452749689.42",
        "weight": "0.03281406",
        "shared": true
      },
      {
        "name": "U.S. Treasury Inflation Linked Notes",
        "value": "439311085.12",
        "weight": "0.03184006",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 2.375% 10/15/2028",
        "value": "434644949.53",
        "weight": "0.03150187",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8%  01/15/32",
        "value": "431263536.57",
        "weight": "0.03125680",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-5/8% 10/15/27",
        "value": "418248863.32",
        "weight": "0.03031353",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.250 04/15/2028",
        "value": "408372977.33",
        "weight": "0.02959775",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 04/15/2027",
        "value": "406460910.03",
        "weight": "0.02945917",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 07/15/2031",
        "value": "402589995.85",
        "weight": "0.02917862",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 01/15/2031",
        "value": "397757325.49",
        "weight": "0.02882836",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES .125 07/15/2030",
        "value": "390433523.21",
        "weight": "0.02829755",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/2% 01/15/2028",
        "value": "368667659.31",
        "weight": "0.02672002",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/8% 07/15/2027",
        "value": "363280466.38",
        "weight": "0.02632957",
        "shared": false
      },
      {
        "name": "U.S. Treasury Notes 0.125%, Due 1/15/2030",
        "value": "356131223.16",
        "weight": "0.02581141",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 07/15/2028",
        "value": "322222831.40",
        "weight": "0.02335383",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES .25%  07/15/29",
        "value": "320377432.56",
        "weight": "0.02322008",
        "shared": true
      },
      {
        "name": "U.S. Treasury Inflation-Protected Security 0.375%, due 01/15/27",
        "value": "317932291.00",
        "weight": "0.02304286",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES .875% 01/15/2029",
        "value": "277198982.78",
        "weight": "0.02009062",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 3-7/8% 04/15/29",
        "value": "196315455.97",
        "weight": "0.01422841",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-3/8% 02/15/2044",
        "value": "182159303.25",
        "weight": "0.01320241",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 02/15/2045",
        "value": "175352496.34",
        "weight": "0.01270907",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 3-5/8% 04/15/28",
        "value": "166004478.20",
        "weight": "0.01203155",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 2-3/8% 01/15/27",
        "value": "165039757.94",
        "weight": "0.01196163",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-3/4% 01/15/28",
        "value": "156204617.56",
        "weight": "0.01132128",
        "shared": true
      },
      {
        "name": "U.S. Treasury Inflation-Protected Indexed Bonds",
        "value": "155737332.24",
        "weight": "0.01128741",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 02/15/2042",
        "value": "152925193.11",
        "weight": "0.01108360",
        "shared": false
      },
      {
        "name": "U.S. Treasury Inflation-Protected Notes 2.125%, Due 02/15/2054",
        "value": "150709777.50",
        "weight": "0.01092303",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 2-1/2% 01/15/29",
        "value": "148078948.68",
        "weight": "0.01073236",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.50% 2/15/2053",
        "value": "128607322.70",
        "weight": "0.00932111",
        "shared": false
      },
      {
        "name": "U.S. Treasury Inflation-Protected Indexed Bonds",
        "value": "122807489.19",
        "weight": "0.00890075",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 02/15/2043",
        "value": "118343019.67",
        "weight": "0.00857718",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-7/8% 02/15/2047",
        "value": "108482252.62",
        "weight": "0.00786250",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8%  02/15/2052",
        "value": "96017481.22",
        "weight": "0.00695908",
        "shared": false
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1% 02/15/46",
        "value": "92733493.04",
        "weight": "0.00672107",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 0.25% 02/15/2050",
        "value": "88851950.68",
        "weight": "0.00643975",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 2 1/8% 02/15/40",
        "value": "83094061.22",
        "weight": "0.00602243",
        "shared": true
      },
      {
        "name": "U.S. Treasury Inflation-Protected Indexed Bonds",
        "value": "81904695.95",
        "weight": "0.00593623",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 1% 02/15/48",
        "value": "79630410.39",
        "weight": "0.00577139",
        "shared": true
      },
      {
        "name": "U.S. TREASURY INFLATION-PROTECTED SECURITIES 3-3/8% 04/15/32",
        "value": "73600806.22",
        "weight": "0.00533438",
        "shared": false
      },
      {
        "name": "U.S. Treasury Inflation Linked Bonds",
        "value": "71318817.97",
        "weight": "0.00516899",
        "shared": false
      },
      {
        "name": "BlackRock Cash Funds: Treasury, SL Agency Shares",
        "value": "41319567.07",
        "weight": "0.00299473",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000789281-26-000049",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/789281/000078928126000049/0000789281-26-000049-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0002071691-26-007347",
      "as_of": "2026-01-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1100663/000207169126007347/0002071691-26-007347-index.htm"
    }
  ]
}