{
  "page": "compare",
  "query": {
    "a": "SDAIX",
    "b": "SPD"
  },
  "retrieved_at": "2026-07-07T18:29:23+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": "Swan Defined Risk Growth Fund",
    "ticker": "SDAIX",
    "slug": "SDAIX",
    "series_id": "S000063531",
    "html_url": "https://fundwatcher.app/funds/SDAIX/"
  },
  "fund_b": {
    "name": "Simplify US Equity PLUS Downside Convexity ETF",
    "ticker": "SPD",
    "slug": "SPD",
    "series_id": "S000069153",
    "html_url": "https://fundwatcher.app/funds/SPD/"
  },
  "overlap": {
    "coverage_a_by_b": "0.8600870936185626471985809383",
    "coverage_b_by_a": "0.8600870936185626471985809383",
    "shared_count": 1,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-03-31"
    },
    "a_top": [
      {
        "name": "iShares Core S&P 500 ETF",
        "value": "47031120.00",
        "weight": "0.86008709",
        "shared": true
      },
      {
        "name": "US ULTRA BOND CBT Sep25",
        "value": "6557870.16",
        "weight": "0.11992782",
        "shared": false
      },
      {
        "name": "FRST AM-GV OB-X",
        "value": "1092820.96",
        "weight": "0.01998509",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "iShares Core S&P 500 ETF",
        "value": "100227235.98",
        "weight": "0.99066944",
        "shared": true
      },
      {
        "name": "SPXW E 2026-03-31 PUT 6200",
        "value": "880202.50",
        "weight": "0.00870013",
        "shared": false
      },
      {
        "name": "DREYFUS TRSY OBLIG CASH M",
        "value": "63781.43",
        "weight": "0.00063043",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000910472-26-007813",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1537140/000091047226007813/0000910472-26-007813-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0000940400-26-021304",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1810747/000094040026021304/0000940400-26-021304-index.htm"
    }
  ]
}