# Portfolio overlap — FAAR vs CLIP Comparing **First Trust Alternative Absolute Return Strategy ETF** (2026-03-31) and **Global X 1-3 Month T-Bill ETF** (2026-02-28). - Shared positions: 3 - First Trust Alternative Absolute Return Strategy ETF covered by Global X 1-3 Month T-Bill ETF: 0.1796093151707224934955440454 - Global X 1-3 Month T-Bill ETF covered by First Trust Alternative Absolute Return Strategy ETF: 0.1796093151707224934955440454 ## First Trust Alternative Absolute Return Strategy ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | MSILF Treasury Portfolio, Class Institutional | 0.277118 | | | DREY-GVT CSH-I | 0.277118 | | | U.S. Treasury Bills | 0.099865 | | | U.S. Treasury Bills | 0.075357 | ✓ | | U.S. Treasury Bills | 0.075251 | ✓ | | UST BILLS 0% 05/14/2026 | 0.075144 | ✓ | | U.S. Treasury Bills | 0.075002 | | | WTI CRUDE | 0.020435 | | | BRENT CRUDE FUTR JUN26 IFEU 20260430 | 0.013426 | | | WHEAT (CBT) | 0.004361 | | | XAV HEALTH CARE | 0.002297 | | | LME ZINC | 0.002067 | | | Low Su Gasoil G May26 | 0.001301 | | | WORLDCLIMATE PARI MAR26 | 0.001070 | | | SILVER SEP 26 | 0.000188 | | ## Global X 1-3 Month T-Bill ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | U.S. Treasury Bills | 0.079291 | ✓ | | U.S. Treasury Bills | 0.067033 | | | U.S. Treasury Bills | 0.066965 | | | U.S. Treasury Bills | 0.065025 | | | U.S. Treasury Bills | 0.061463 | ✓ | | U.S. Treasury Bills | 0.054656 | | | U.S. Treasury Bills | 0.054122 | | | U.S. Treasury Bills | 0.052788 | | | WIB 0 03/19/26 | 0.050087 | | | U.S. Treasury Bills | 0.049095 | | | UST BILLS 0% 05/14/2026 | 0.042790 | ✓ | | U.S. Treasury Bills | 0.039619 | | | U.S. Treasury Bills | 0.036984 | | | XIB 0 03/03/26 | 0.036648 | | | U.S. Treasury Bills | 0.036591 | | | U.S. Treasury Bills | 0.035854 | | | U.S. Treasury Bills | 0.035734 | | | U.S. Treasury Bills | 0.033429 | | | U.S. Treasury Bills | 0.028415 | | | U.S. Treasury Bills | 0.028025 | | | U.S. Treasury Bills | 0.026835 | | | U.S. Treasury Bills | 0.018551 | | | BNYREPOS | 0.000001 | | ## Sources - N-PORT (fund A) — accession `0000940400-26-021780` (as of 2026-03-31) - N-PORT (fund B) — accession `0002048251-26-003656` (as of 2026-02-28) --- _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 _