# Portfolio overlap — CUTAX vs CMDT Comparing **Six Circles Tax Aware Ultra Short Duration Fund** (2026-03-31) and **PIMCO Commodity Strategy Active Exchange-Traded Fund** (2026-03-31). - Shared positions: 49 - Six Circles Tax Aware Ultra Short Duration Fund covered by PIMCO Commodity Strategy Active Exchange-Traded Fund: 0.04139813527668031196103564718 - PIMCO Commodity Strategy Active Exchange-Traded Fund covered by Six Circles Tax Aware Ultra Short Duration Fund: 0.04139813527668031196103564720 ## Six Circles Tax Aware Ultra Short Duration Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | FUTURE CONTRACT ON US 2YR NOTE (CBT) JUN26 0.00000000 | 0.104128 | | | RC R/P BNP PA 3.720% 04/01/26 3.72000000 | 0.026535 | | | ORLANDO UTILS-VAR-1 | 0.024006 | | | FUTURE CONTRACT ON 3MO EURO EURIBOR DEC26 /EUR/ 0.00000000 | 0.023672 | | | FUTURE CONTRACT ON ICE 3MTH SONIA FU DEC26 /GBP/ 0.00000000 | 0.023040 | | | ROCHSTR MN HLTH MAYO V7 | 0.022032 | | | NYC TRANSITIONAL-A-1 | 0.020741 | | | FUTURE CONTRACT ON US 5YR NOTE (CBT) JUN26 0.00000000 | 0.019689 | | | Chelan County Public Utility District No. 1, Series 2008, RB | 0.019278 | | | MO HLTH & EDU FACS-F | 0.015902 | | | TRIBOROUGH NY BRIDGE & TUNNEL TRIBOROUGH BRIDGE & TUNNEL AUTHORITY | 0.014801 | | | State of Connecticut, Series 2025D | 0.014182 | | | OHIO ST HOSP FAC REVENUE REGD V/R B/E 2.25000000 | 0.013411 | | | CHICAGO IL MET WTR RECLAMATION REGD N/C B/E 5.00000000 | 0.012877 | | | NEW YORK NY REGD V/R B/E 2.50000000 | 0.012453 | | | Uniform Mortgage-Backed Security, TBA | 0.011436 | | | NEW YORK ST HSG FIN AGY REVENU REGD V/R B/E 2.35000000 | 0.011131 | | | OHIO ST UNIV REGD V/R B/E 2.35000000 | 0.011112 | | | NY CITY-B4-VAR | 0.010441 | | | ARIZONA BRD OF RGTS ST UNIV SY REGD V/R B/E 2.30000000 | 0.010264 | | | PENNSYLVANIA ST REGD N/C B/E 5.00000000 | 0.009902 | | | State of New Jersey, Series 2020A | 0.009809 | | | TRIBOROUGH NY BRIDGE & TUNNEL REGD N/C B/E 5.00000000 | 0.009796 | | | FUTURE CONTRACT ON 3 MONTH SOFR FUT DEC27 0.00000000 | 0.009716 | | | FUTURE CONTRACT ON AUST 3YR BOND FUT JUN26 /AUD/ 0.00000000 | 0.009591 | | | RC R/P BOFA S 3.690% 04/01/26 3.69000000 | 0.009579 | | | PHIL PA AIRPORT 5% 7/1/2026 @ | 0.009392 | | | MUNIBOND | 0.009155 | | | Los Angeles Department of Water & Power, Series 2020A | 0.008290 | | | CHICAGO IL MET WTR RECLAMATION REGD N/C B/E 5.00000000 | 0.008270 | | | WA ST-SER R-2023B-REF | 0.007899 | | | INDIANA ST FIN AUTH REVENUE REGD N/C B/E 5.00000000 | 0.007228 | | | PORT OF SEATTLE WA REGD N/C B/E 5.00000000 | 0.007197 | | | NORFOLK VA ECON DEV AUTH HOSPF REGD V/R B/E 2.35000000 | 0.007122 | | | IN HLTH-I-RF-SISTERS | 0.007089 | | | RALEIGH NC LTD OBLIG REGD N/C B/E 5.00000000 | 0.007035 | | | DFW ARPT 5% 11/1/2027 @ | 0.006917 | | | Port of Seattle, Washington, Revenue Bonds, Refunding Intermediate Lien Series 2024B | 0.006881 | | | CURATORS OF THE UNIV OF MISSOU REGD N/C B/E 5.00000000 | 0.006803 | | | Indianapolis Local Public Improvement Bond Bank, Series B-2 | 0.006176 | | | PENNSYLVANIA CMWLTH | 0.006018 | | | State of Georgia, Series 2016E | 0.005892 | | | OHIO ST UNIV REGD V/R B/E 2.15000000 | 0.005748 | | | CONNECTICUT ST HSG FIN AUTH HS REGD V/R B/E 3.25000000 | 0.005350 | | | ROCHESTER MN HLTH CARE FACS REVENUE | 0.005269 | | | NORFOLK VA ECON DEV AUTH HOSPF REGD V/R B/E 2.35000000 | 0.005077 | | | STATE OF CALIFORNIA | 0.005060 | | | IL MUNI ELEC AGY-A | 0.004983 | | | District of Columbia, Series 2024 A, GO Bonds | 0.004950 | | | WISCONSIN ST REGD N/C B/E 5.00000000 | 0.004920 | | ## PIMCO Commodity Strategy Active Exchange-Traded Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | US ULTRA BOND CBT Sep25 | 0.191501 | ✓ | | PIMCO ENHANCED SHORT MATURITY PIMCO ENHANCED SHORT MATURIT | 0.057253 | | | PLATINUM CMX WR FAC 8888 NYMEX RDR | 0.023061 | | | JABIL INC | 0.013708 | | | LETRA TESOURO NACIONAL BILLS 10/26 0.00000 | 0.013358 | | | LME PRI ALUM FUTR MAY26 XLME 20260518 | 0.012201 | | | Government National Mortgage Association | 0.010857 | | | FNR 2025-18 FM | 0.010286 | | | Edison International | 0.009542 | | | WELLS FARGO CO | 0.009110 | | | ELEMENT FLEET MGT. 6.271% | 0.008949 | | | Keurig Dr Pepper Inc 0% CP 08/04/2026 | 0.008917 | | | GA GLOBAL FNDING | 0.008743 | | | GOLDMAN SACHS GP | 0.008555 | ✓ | | AMETEK INC DISC COML | 0.008529 | | | JPMORGAN CHASE | 0.007911 | | | HCA INC DISC COML PAPER | 0.007740 | | | ALGONQUIN POWER | 0.007509 | ✓ | | ERAC USA FINANCE LLC | 0.007482 | | | MOLSON COORS | 0.007088 | | | DAIMLER TRUCK | 0.006943 | ✓ | | DEUTSCHE BANK NY | 0.006511 | ✓ | | BARCLAYS PLC | 0.006475 | ✓ | | CAN IMPERIAL BK | 0.006470 | ✓ | | MORGAN STANLEY PVT BANK SR UNSECURED 07/28 VAR | 0.006459 | | | TELUS CORPORATION YCP 0% 05/20/2026 | 0.006172 | | | FORD MOTOR CRED | 0.006114 | ✓ | | LOW SU GASOIL G SEP26 IFEU 20260910 | 0.006034 | | | BANK OF AMER CRP | 0.005901 | | | BRENT CRUDE FUTR SEP26 IFEU 20260731 | 0.005866 | | | Nissan Auto Lease Trust, Series 2026-A, Class A2B | 0.005823 | | | LOW SU GASOIL G JUN26 IFEU 20260611 | 0.005817 | | | Global Payments, Inc. | 0.005817 | | | HNDA Float 08/13/27 | 0.005558 | | | KRAFT HEINZ FOOD | 0.005420 | | | Freddie Mac REMICS | 0.005326 | | | BMW US CAP. LLC FRN | 0.005304 | | | Crown Castle, Inc. | 0.005293 | | | LME PRI ALUM FUTR JUL26 XLME 20260713 | 0.005238 | | | SUMITOMO MITSUI TRUST BANK LTD | 0.005210 | | | CONSTELLATION BR | 0.005153 | | | HCA INC | 0.005109 | | | SANTANDER HOLD | 0.005035 | | | LLOYDS BANKING GROUP PLC SR UNSECURED 08/27 VAR | 0.004965 | ✓ | | ROGERS COMMUNICATIONS | 0.004910 | | | GENERAL MILLS IN | 0.004875 | | | PLATINUM NYM WR 9001 STONEX RDR | 0.004862 | | | Freddie Mac REMICS | 0.004848 | | | AMERICAN HONDA FINANCE CORP | 0.004771 | | | BOSPHORUS CLO BOPHO 9A AR 144A | 0.004635 | | ## Sources - N-PORT (fund A) — accession `0001003715-26-001968` (as of 2026-03-31) - N-PORT (fund B) — accession `0001099263-26-007315` (as of 2026-03-31) --- _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._ _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._ _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. See _