# Portfolio overlap — FSTAX vs USHY

Comparing **Fidelity Advisor Strategic Income Fund** (2026-03-31) and **iShares Broad USD High Yield Corporate Bond ETF** (2026-01-31).

- Shared positions: 383
- Fidelity Advisor Strategic Income Fund covered by iShares Broad USD High Yield Corporate Bond ETF: 0.1457521758236300758665751606
- iShares Broad USD High Yield Corporate Bond ETF covered by Fidelity Advisor Strategic Income Fund: 0.1457521758236300758665751602

## Fidelity Advisor Strategic Income Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Fidelity Emerging Markets Debt Central Fund | 0.151476 |  |
| Fidelity Cash Central Fund | 0.080256 |  |
| Fidelity Floating Rate Central Fund | 0.064818 |  |
| US TREASURY N/B | 0.049088 |  |
| US TREASURY N/B | 0.020497 |  |
| UNITED KINGDOM G.B. and N.IRELAND 4.125% 03/07/2031 REGS | 0.013419 |  |
| US TREASURY N/B | 0.013363 |  |
| Bundesrepublik Deutschland Bundesanleihe | 0.012135 |  |
| Fidelity Securities Lending Cash Central Fund | 0.012099 |  |
| iShares Broad USD High Yield Corporate Bond ETF | 0.011883 |  |
| Government of Canada | 0.010670 |  |
| GERMANY FEDERAL REPUBLIC OF 2.4% 04/18/2030 REGS | 0.010610 |  |
| US TREASURY N/B | 0.009749 |  |
| NVIDIA CORP | 0.007024 |  |
| GERMANY FEDERAL REPUBLIC OF 2.6% 08/15/2035 REGS | 0.006743 |  |
| COMFORT SYSTEMS USA INC | 0.006486 |  |
| GERMANY FEDERAL REPUBLIC OF 2.7% 09/17/2026 REGS | 0.005326 |  |
| Bundesschatzanweisungen | 0.005155 |  |
| US TREASURY N/B | 0.005053 |  |
| US TREASURY N/B | 0.004977 |  |
| FED HOME LOAN MTG CORP - GOLD 4% 04/25/2027 | 0.004974 |  |
| US TREASURY N/B | 0.004889 |  |
| EchoStar Corp | 0.004751 | ✓ |
| US TREASURY N/B | 0.004714 |  |
| US TREASURY N/B | 0.004513 |  |
| SATS 3.875 11/30/30 | 0.004295 |  |
| US TREASURY N/B | 0.004256 |  |
| ACRISURE HOLDINGS INC SER B-1 PC PP | 0.004226 |  |
| FEDERAL FARM CREDIT BANKS VFAC SOFR+16.5 01/19/2029 | 0.004200 |  |
| FEDERAL FARM CREDIT BANKS VFAC SOFR+12 06/12/2028 | 0.003904 |  |
| Bank of America Corp., Series FF | 0.003894 |  |
| TAIWAN SEMIC MFG CO LTD SP ADR | 0.003862 |  |
| FHMS K061 A2 | 0.003862 |  |
| US TREASURY N/B | 0.003823 |  |
| EG GLOBAL FINANCE PLC SR SECURED 144A 11/28 12 | 0.003739 | ✓ |
| GMAC LLC | 0.003663 |  |
| US TREASURY N/B | 0.003525 |  |
| FHMS K739 A2 | 0.003442 |  |
| META PLATFORMS INC CL A | 0.003284 |  |
| US TREASURY N/B | 0.003053 |  |
| ALPHABET INC CL A | 0.003045 |  |
| VERTIV HOLDINGS CO | 0.003025 |  |
| US TREASURY N/B | 0.002978 |  |
| US TREASURY N/B | 0.002965 |  |
| SWITZERLAND CONFEDERATION 3.5% 04/08/2033 REGS | 0.002961 |  |
| US TREASURY N/B | 0.002855 |  |
| GERMANY FEDERAL REPUBLIC OF 2.5% 02/15/2035 REGS | 0.002835 |  |
| US TREASURY N/B | 0.002817 |  |
| US TREASURY N/B | 0.002791 |  |
| US TREASURY N/B | 0.002784 |  |

## iShares Broad USD High Yield Corporate Bond ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| BlackRock Cash Funds: Institutional, SL Agency Shares | 0.116440 |  |
| BlackRock Cash Funds: Treasury, SL Agency Shares | 0.009651 |  |
| 1261229 BC Ltd | 0.004086 | ✓ |
| EchoStar Corp | 0.003668 | ✓ |
| Medline Borrower, L.P. | 0.002663 |  |
| QUIKRETE HOLDINGS INC SR SECURED 144A 03/32 6.375 | 0.002538 |  |
| Cloud Software Group, Inc. | 0.002444 | ✓ |
| Cloud Software Group Inc | 0.002410 |  |
| HUB International Ltd. | 0.002110 | ✓ |
| CHTR 5 1/8 05/01/27 | 0.001985 |  |
| Venture Global LNG, Inc. | 0.001937 |  |
| DISH Network Corp | 0.001925 | ✓ |
| TIHLLC 7 1/8 06/01/31 | 0.001916 | ✓ |
| American Airlines Inc/AAdvantage Loyalty IP Ltd | 0.001897 | ✓ |
| CORPBOND | 0.001867 | ✓ |
| Carnival Corp. | 0.001833 |  |
| WarnerMedia Holdings, Inc. | 0.001813 |  |
| CHTR 4.75 03/01/30 144A | 0.001806 |  |
| EMRLD Borrower L.P./ Emerald Co-Issuer Inc. | 0.001781 |  |
| TransDigm, Inc. | 0.001751 | ✓ |
| CHTR 4.25 02/01/31 144A | 0.001695 |  |
| Restaurant Brands International Limited Partnership | 0.001692 | ✓ |
| NLSN 9.29% Secured Nts due 2029 144A | 0.001687 | ✓ |
| TransDigm, Inc. | 0.001649 | ✓ |
| DVA 4.625 06/01/30 144A | 0.001632 | ✓ |
| CCO Holdings, LLC/CCO Holdings Capital Corp. | 0.001577 |  |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.001571 |  |
| Carvana Co. | 0.001551 |  |
| NSANY 4.345 09/17/27 144A | 0.001549 |  |
| ULTI 6.875 02/01/31 144A | 0.001538 | ✓ |
| CHTR 5 02/01/28 144A | 0.001527 |  |
| Level 3 Financing, Inc. | 0.001518 | ✓ |
| Medline Borrower, L.P. | 0.001516 |  |
| WarnerMedia Holdings, Inc. | 0.001506 |  |
| UNSEAM 7.875 02/15/31 144A | 0.001499 |  |
| WULF COMPUTE LLC SR SECURED 144A 10/30 7.75 | 0.001498 | ✓ |
| STAPLES INC SR SECURED 144A 09/29 10.75 | 0.001491 |  |
| MAUSER PACKAGING SOLUT SR SECURED 144A 04/30 7.875 | 0.001485 | ✓ |
| SATS 6.75 11/30/30 | 0.001478 | ✓ |
| CVS Health Corp. | 0.001477 |  |
| DISH DBS CORP SR SECURED 144A 12/28 5.75 | 0.001473 |  |
| Nissan Motor Co., Ltd. | 0.001471 |  |
| QXO BUILDING PRODUCTS SR SECURED 144A 04/32 6.75 | 0.001448 |  |
| VENTURE GLOBAL LNG INC SR SECURED 144A 06/28 8.125 | 0.001438 |  |
| TransDigm, Inc. | 0.001434 | ✓ |
| APLD COMPUTECO LLC SR SECURED 144A 12/30 9.25 | 0.001429 | ✓ |
| SKX 10 07/15/33 144a | 0.001427 | ✓ |
| MINERVA MERGER SUB INC | 0.001423 |  |
| Venture Global LNG Inc | 0.001410 |  |
| CYH 10.875 01/15/32 144A | 0.001397 | ✓ |


## Sources

- N-PORT (fund A) — accession `0000035402-26-003300` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/795422/000003540226003300/0000035402-26-003300-index.htm>
- N-PORT (fund B) — accession `0001410368-26-031686` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/1100663/000141036826031686/0001410368-26-031686-index.htm>

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_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._

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