# Portfolio overlap — FIPRX vs FIPDX Comparing **Federated Hermes Inflation Protected Securities Fund** (2026-03-31) and **Fidelity Inflation-Protected Bond Index Fund** (2026-03-31). - Shared positions: 35 - Federated Hermes Inflation Protected Securities Fund covered by Fidelity Inflation-Protected Bond Index Fund: 0.6206231634486202201137337886 - Fidelity Inflation-Protected Bond Index Fund covered by Federated Hermes Inflation Protected Securities Fund: 0.6206231634486202201137337887 ## Federated Hermes Inflation Protected Securities Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | U.S. Treasury Inflation-Linked Notes | 0.070751 | ✓ | | U.S. Treasury Notes | 0.049217 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 2-1/2% 01/15/29 | 0.048814 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES .125 07/15/2030 | 0.048227 | ✓ | | U.S. Treasury Inflation-Protected Indexed Notes | 0.046221 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-5/8% 10/15/27 | 0.039595 | ✓ | | U.S. Treasury Inflation-Indexed Notes | 0.039503 | ✓ | | U.S. Treasury Inflation-Protected Indexed Notes | 0.037286 | ✓ | | UNITED STATES TREASURY INFLATION INDEXED BONDS I/L 2.375% 02-15-56 | 0.033019 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 07/15/2031 | 0.030186 | ✓ | | U.S. Treasury Notes | 0.028743 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES .875% 01/15/2029 | 0.028376 | ✓ | | U.S. Treasury Inflation-Protected Notes 1.75%, Due 01/15/2034 | 0.028049 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.125% 01/15/2033 | 0.028005 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-3/4% 01/15/28 | 0.027956 | ✓ | | U.S. Treasury Notes | 0.027481 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES .25% 07/15/29 | 0.027440 | ✓ | | US TREASURY N/B | 0.026864 | | | US TREASURY N/B | 0.026678 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 01/15/32 | 0.024916 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 07/15/2028 | 0.022932 | ✓ | | U.S. Treasury Notes 0.125%, Due 1/15/2030 | 0.021472 | ✓ | | Federated Hermes Government Obligations Tax-Managed Fund, Institutional Class | 0.019267 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 07/15/2032 | 0.018747 | ✓ | | U.S. Treasury Inflation-Protected Indexed Bonds | 0.017837 | ✓ | | US TREASURY N/B | 0.017688 | | | US TREASURY N/B | 0.017415 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-3/8% 02/15/2044 | 0.015332 | ✓ | | Freddie Mac REMICS | 0.014598 | | | Fannie Mae REMICS | 0.014161 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1% 02/15/46 | 0.013534 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 2 1/8% 02/15/40 | 0.013064 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1% 02/15/48 | 0.012584 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.250 04/15/2028 | 0.009661 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.375 07/15/33 | 0.009292 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 02/15/2043 | 0.009237 | ✓ | | U.S. Treasury Inflation-Protected Indexed Bonds | 0.008489 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 01/15/2031 | 0.007819 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0.25% 02/15/2050 | 0.006347 | ✓ | | U.S. Treasury Inflation-Protected Indexed Notes | 0.004650 | ✓ | | U.S. Treasury Inflation-Protected Indexed Bonds | 0.004407 | ✓ | | U.S. Treasury Inflation-Protected Notes 2.125%, Due 02/15/2054 | 0.004138 | ✓ | ## Fidelity Inflation-Protected Bond Index Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | U.S. Treasury Inflation-Protected Indexed Notes | 0.040490 | ✓ | | U.S. Treasury Inflation-Protected Indexed Notes | 0.040075 | ✓ | | U.S. Treasury Notes | 0.039764 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.375 07/15/33 | 0.036575 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 07/15/2032 | 0.035230 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 04/15/2027 | 0.034278 | | | U.S. Treasury Inflation-Protected Indexed Notes | 0.032981 | ✓ | | U.S. Treasury Inflation-Protected Notes 1.75%, Due 01/15/2034 | 0.032638 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 01/15/2031 | 0.032396 | ✓ | | U.S. Treasury Notes | 0.031104 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 2.375% 10/15/2028 | 0.031092 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.125% 01/15/2033 | 0.030964 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES .125 07/15/2030 | 0.030843 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 07/15/2031 | 0.029985 | ✓ | | U.S. Treasury Notes | 0.029584 | ✓ | | U.S. Treasury Notes 0.125%, Due 1/15/2030 | 0.028565 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.250 04/15/2028 | 0.028399 | ✓ | | U.S. Treasury Inflation-Linked Notes | 0.028146 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES .25% 07/15/29 | 0.027894 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/2% 01/15/2028 | 0.027760 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-5/8% 10/15/27 | 0.027648 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 01/15/32 | 0.026958 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 07/15/2028 | 0.024049 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/8% 07/15/2027 | 0.020856 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 3-5/8% 04/15/28 | 0.017717 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES .875% 01/15/2029 | 0.016719 | ✓ | | U.S. Treasury Inflation-Indexed Notes | 0.014777 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 2-1/2% 01/15/29 | 0.013932 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-3/8% 02/15/2044 | 0.013777 | ✓ | | U.S. Treasury Inflation-Protected Indexed Bonds | 0.013193 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 3-7/8% 04/15/29 | 0.012840 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 02/15/2045 | 0.012341 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.50% 2/15/2053 | 0.011301 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 02/15/2042 | 0.011301 | | | Fidelity Securities Lending Cash Central Fund | 0.010993 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-7/8% 02/15/2047 | 0.009590 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 02/15/2043 | 0.009230 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 3-3/8% 04/15/32 | 0.009109 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0.25% 02/15/2050 | 0.007968 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-3/4% 01/15/28 | 0.007904 | ✓ | | U.S. Treasury Inflation-Protected Indexed Bonds | 0.007790 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 02/15/2052 | 0.006942 | | | U.S. Treasury Inflation-Protected Notes 2.125%, Due 02/15/2054 | 0.006882 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 2 1/8% 02/15/40 | 0.006532 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1% 02/15/48 | 0.006417 | ✓ | | UNITED STATES TREASURY INFLATION INDEXED BONDS I/L 2.375% 02-15-56 | 0.005754 | ✓ | | U.S. Treasury Inflation-Protected Indexed Bonds | 0.005529 | ✓ | | Fidelity Cash Central Fund | 0.005409 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1% 02/15/46 | 0.005347 | ✓ | | U.S. Treasury Inflation Linked Bonds | 0.002432 | | ## Sources - N-PORT (fund A) — accession `0000789281-26-000049` (as of 2026-03-31) - N-PORT (fund B) — accession `0000035402-26-003383` (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 _