# Portfolio overlap — BSJS vs CUT

Comparing **Invesco BulletShares 2028 High Yield Corporate Bond ETF** (2026-02-28) and **Invesco MSCI Global Timber ETF** (2026-01-31).

- Shared positions: 3
- Invesco BulletShares 2028 High Yield Corporate Bond ETF covered by Invesco MSCI Global Timber ETF: 0.1836338633320951640719176036
- Invesco MSCI Global Timber ETF covered by Invesco BulletShares 2028 High Yield Corporate Bond ETF: 0.1836338633320951640719176036

## Invesco BulletShares 2028 High Yield Corporate Bond ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Invesco Private Prime Fund | 0.133287 | ✓ |
| Invesco Private Government Fund | 0.050159 | ✓ |
| Invesco Government & Agency Portfolio, Institutional Class | 0.021283 | ✓ |
| CHTR 5 02/01/28 144A | 0.014881 |  |
| DISH DBS CORP SR SECURED 144A 12/28 5.75 | 0.014475 |  |
| VENTURE GLOBAL LNG INC SR SECURED 144A 06/28 8.125 | 0.013776 |  |
| ORGANON / ORGANON 4.125% | 0.012291 |  |
| SIRIUS XM RADIO LLC REGD 144A P/P 4.00000000 | 0.011655 |  |
| TENNECO INC SR SECURED 144A 11/28 8 | 0.011344 |  |
| URI 4.875 01/15/28 | 0.009919 |  |
| MPT Operating Partnership L.P./ MPT Finance Corp. | 0.009577 |  |
| AVTR 4.625 07/15/28 144A | 0.009165 |  |
| Univision Communications Inc. | 0.008822 |  |
| BLCOCN 8 3/8 10/01/28 | 0.008655 |  |
| SM Energy Company | 0.008327 |  |
| THC 6 1/8 10/01/28 | 0.008265 |  |
| NWL 8.5 06/01/28 144A | 0.007856 |  |
| ALLIANT HOLDINGS INTERMEDIATE SR SECURED 144A 04/28 6.75 | 0.007544 |  |
| WBD 3.95 03/20/28 * | 0.007404 |  |
| UNSEAM 4.625 06/01/28 144A | 0.007258 |  |
| HRI 7.25 06/15/33 144A | 0.006932 |  |
| CORPBOND | 0.006780 |  |
| AVIANCA MIDCO 2 PLC SR SECURED 144A 12/28 9 | 0.006594 |  |
| SCIH SALT HOLDINGS INC SR SECURED 144A 05/28 4.875 | 0.006520 |  |
| KNTK 6.625 12/15/28 144A | 0.006456 |  |
| EquipmentShare.com Inc | 0.006448 |  |
| GMABDC 7.25 12/15/33 144A | 0.006334 |  |
| CLEAR CHANNEL OUTDOOR HO REGD 144A P/P 7.75000000 | 0.005957 |  |
| FTAI AVIATION INVESTORS REGD 144A P/P 5.50000000 | 0.005957 |  |
| TGNA 4.625 03/15/28 | 0.005934 |  |
| NXST 4.75 11/01/28 144A | 0.005921 |  |
| Clear Channel Outdoor Holdings, Inc. | 0.005781 |  |
| COINBASE GLOBAL INC REGD 144A P/P 3.37500000 | 0.005689 |  |
| JEFFIN 5 08/15/28 | 0.005640 |  |
| ARCHES BUYER INC REGD 144A P/P 4.25000000 | 0.005497 |  |
| Bausch Health Cos. Inc. | 0.005474 |  |
| DISH DBS CORP REGD 7.37500000 | 0.005444 |  |
| FAIR ISAAC CORP SR UNSECURED 144A 06/28 4 | 0.005241 |  |
| Maya | 0.005159 |  |
| CLVTSC 3.875 07/01/28 144A | 0.005130 |  |
| MIK 5.25 05/01/28 144A | 0.005068 |  |
| Clearway Energy Operating LLC | 0.005056 |  |
| SM Energy Company | 0.004954 |  |
| MVC Acquisition Corp. | 0.004926 |  |
| IRON MOUNTAIN INC REGD 144A P/P 5.25000000 | 0.004912 |  |
| Olympus Water US Holding Corp | 0.004885 |  |
| HARVEST MIDSTREAM I LP SR UNSECURED 144A 09/28 7.5 | 0.004826 |  |
| ROCSOF 9 11/28/28 144A | 0.004807 |  |
| Archrock Partners LP / Archrock Partners Finance Corp | 0.004776 |  |
| CHEMOURS CO/THE COMPANY GUAR 144A 11/28 5.75 | 0.004698 |  |

## Invesco MSCI Global Timber ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Invesco Private Prime Fund | 0.152764 | ✓ |
| Invesco Private Government Fund | 0.056012 | ✓ |
| SMURFIT WESTROCK | 0.043469 |  |
| WEYERHAEUSER CO | 0.042423 |  |
| PACKAGING CORP OF AMERICA | 0.041065 |  |
| AVERY DENNISON CORP | 0.039429 |  |
| INTL PAPER CO | 0.039026 |  |
| CFD_EQS BARCUS33 BV7DQ55 | 0.038896 |  |
| UPM-KYMMENE OYJ | 0.036273 |  |
| SVENSKA CELLUSOA AB B SHARES | 0.034593 |  |
| STORA ENSO OYJ-R | 0.034362 |  |
| SUZANO SA | 0.033458 |  |
| SEALED AIR CORP | 0.031464 |  |
| LOUISIANA PACIFIC CORP | 0.026804 |  |
| Mondi PLC ORD EUR0.22 | 0.026417 |  |
| SIG GROUP AG | 0.024258 |  |
| SONOCO PRODUCTS CO | 0.024178 |  |
| OJI HOLDINGS COR | 0.023087 |  |
| GRAPHIC PACKAGING HOLDING CO | 0.022165 |  |
| WEST FRASER TIMB | 0.018789 |  |
| RAYONIER INC REIT | 0.017762 |  |
| HUHTAMAKI OYJ | 0.017425 |  |
| STELLA-JONES INC | 0.017080 |  |
| POTLATCHDELTIC CORP REIT | 0.015639 |  |
| KLABIN SA - UNIT /BRL/ 0.00000000 | 0.015300 |  |
| HOLMEN AB-B SHS | 0.013570 |  |
| Billerud AB | 0.009323 |  |
| Nine Dragons Paper Holdings Ltd | 0.008822 |  |
| EMPRESAS CMPC SA /CLP/ 0.00000000 | 0.008711 |  |
| SYLVAMO CORP | 0.008567 |  |
| RENGO CO LTD | 0.008324 |  |
| INDAH KIAT PULP | 0.006841 |  |
| SCG Packaging PCL, NVDR | 0.004397 |  |
| Portucel Empresa Produtora de Pasta e Papel S.A. | 0.004131 |  |
| YCY | 0.004047 |  |
| NIPPON PAPER IND | 0.003831 |  |
| CASCADES INC | 0.003647 |  |
| Elopak ASA | 0.003571 |  |
| SAPPI LTD | 0.003421 |  |
| TJIWI KIMIA | 0.003127 |  |
| CANFOR CORP | 0.003117 |  |
| HOKUETSU CORP | 0.003111 |  |
| Lee & Man Paper Manufacturing Ltd. | 0.002998 |  |
| Daio Paper Corp. | 0.002722 |  |
| DEXCO SA | 0.002578 |  |
| M-real Oyj (B Shares) | 0.002571 |  |
| CENTURY PLYBOARD | 0.002476 |  |
| SEMAPA | 0.002160 |  |
| Shandong Sun Paper Industry JSC Ltd | 0.002018 |  |
| CHENG LOONG | 0.002017 |  |


## Sources

- N-PORT (fund A) — accession `0001657201-26-000381` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/1657201/000165720126000381/0001657201-26-000381-index.htm>
- N-PORT (fund B) — accession `0001378872-26-000583` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/1378872/000137887226000583/0001378872-26-000583-index.htm>

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