# Portfolio overlap — SADIX vs VGUS

Comparing **Allspring Ultra Short-Term Income Fund** (2026-02-28) and **VANGUARD ULTRA-SHORT TREASURY ETF** (2026-03-31).

- Shared positions: 5
- Allspring Ultra Short-Term Income Fund covered by VANGUARD ULTRA-SHORT TREASURY ETF: 0.08088040999378786985723842403
- VANGUARD ULTRA-SHORT TREASURY ETF covered by Allspring Ultra Short-Term Income Fund: 0.08088040999378786985723842403

## Allspring Ultra Short-Term Income Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| US TREASURY N/B | 0.052620 | ✓ |
| JPMorgan Limited Duration Bond ETF | 0.025318 |  |
| Vanguard Ultra Short Bond ETF | 0.024481 |  |
| U.S. Treasury Bills | 0.024108 |  |
| U.S. Treasury Bills | 0.024040 | ✓ |
| U.S. Treasury Bills | 0.020226 | ✓ |
| U.S. Treasury Bills | 0.020201 | ✓ |
| US TREASURY N/B | 0.019252 | ✓ |
| State Street SPDR Portfolio Short Term Corporate Bond ETF | 0.016489 |  |
| U.S. Treasury Bills | 0.016434 |  |
| Vanguard Short-Term Corporate Bond ETF | 0.011034 |  |
| Centerpoint Energy Restoration Bond Co III LLC | 0.010985 |  |
| iShares Trust 0-5YR HIGH YEILD CORP BD ET | 0.010120 |  |
| Santander Drive Auto Receivables Trust 2026-1 | 0.008801 |  |
| OneMain Financial Issuance Trust, Series 2021-1A, Class A1 | 0.007126 |  |
| Pagaya AI Debt Grantor Trust 2025-7 | 0.006669 |  |
| LOWE'S COS INC | 0.005500 |  |
| Lendbuzz Securitization Trust, Series 2026-1A, Class A2 | 0.005490 |  |
| CarMax Select Receivables Trust 2026-A | 0.005485 |  |
| FCCU Auto Receivables Trust 2026-1 | 0.005356 |  |
| Nissan Auto Receivables Owner Trust, Series 2025-B, Class A2A | 0.005341 |  |
| IMPRL 2022-NQM3 A1 | 0.005234 |  |
| GCAT Trust, Series 2022-HX1, Class A1 | 0.005014 |  |
| NextGear Floorplan Master Owner Trust, Series 2024-1A, Class A2 | 0.004980 |  |
| CHNGE Mortgage Trust, Series 2022-2, Class A1 | 0.004900 |  |
| SLM Student Loan Trust 2003-10 | 0.004865 |  |
| HART 2026-A A3 | 0.004654 |  |
| GOLDMAN SACHS GP | 0.004488 |  |
| Hyundai Auto Lease Securitization Trust, Series 2026-A, Class A3 | 0.004461 |  |
| Avtech Equipment Receivables Funding 2026-1 LLC | 0.004385 |  |
| MORGAN STANLEY | 0.004319 |  |
| JPMORGAN CHASE | 0.004195 |  |
| TRTX Issuer Ltd., Series 2022-FL5, Class A | 0.004177 |  |
| ARI Fleet Lease Trust, Series 2026-A, Class A2 | 0.004150 |  |
| OCTL 2025-RVM1 A | 0.004099 |  |
| COLT 2021-HX1 MORTGAGE LOAN TRUST SER 2021-HX1 CL A1 V/R REGD 144A P/P 1.11000000 | 0.004072 |  |
| Qdoba Funding LLC, Series 2023-1A, Class A2 | 0.004008 |  |
| TRK Trust 2021-INV2 | 0.003993 |  |
| TLEVS 2025-A A3 | 0.003935 |  |
| US BANCORP | 0.003910 |  |
| UBS V6.327 12/22/27 144A | 0.003910 |  |
| AMCOR FLEXIBLES | 0.003909 |  |
| BANK OF AMER CRP | 0.003893 |  |
| NATIONAL AUSTRALIA BANK LTD SR UNSEC 4.5% 10-26-27 | 0.003891 |  |
| PFS FINANCING CORP SER 2025-D CL A REGD 144A P/P 4.47000000 | 0.003885 |  |
| SKANDINAVISKA ENSKILDA REGD 144A P/P 4.37500000 | 0.003884 |  |
| NEXTERA ENERGY | 0.003882 |  |
| Hyundai Capital America | 0.003880 |  |
| PHILIP MORRIS IN | 0.003874 |  |
| RGA GLOBAL | 0.003858 |  |

## VANGUARD ULTRA-SHORT TREASURY ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| U.S. Treasury Bills | 0.037902 | ✓ |
| U.S. Treasury Bills | 0.037349 |  |
| U.S. Treasury Bills | 0.032433 |  |
| UST BILLS 0% 05/14/2026 | 0.032237 |  |
| U.S. Treasury Bills | 0.025430 |  |
| U.S. Treasury Bills | 0.025240 |  |
| U.S. Treasury Bills | 0.024960 | ✓ |
| U.S. Treasury Bills | 0.024767 | ✓ |
| U.S. Treasury Bills | 0.024443 |  |
| U.S. Treasury Bills | 0.024118 |  |
| U.S. Treasury Bills | 0.023954 |  |
| U.S. Treasury Bills | 0.023240 |  |
| U.S. Treasury Bills | 0.019418 |  |
| U.S. Treasury Bills | 0.018626 |  |
| U.S. Treasury Bills | 0.017622 |  |
| US TREASURY N/B | 0.012860 |  |
| U.S. Treasury Bills | 0.011801 |  |
| U.S. Treasury Bills | 0.011800 |  |
| U.S. Treasury Bills | 0.011772 |  |
| U.S. Treasury Bills | 0.011732 |  |
| U.S. Treasury Bills | 0.011721 |  |
| U.S. Treasury Bills | 0.011707 |  |
| U.S. Treasury Bills | 0.011704 |  |
| US TREASURY N/B | 0.011036 |  |
| US TREASURY N/B | 0.010837 |  |
| US TREASURY N/B | 0.010811 |  |
| United States Treasury Bill | 0.010742 |  |
| US TREASURY N/B | 0.010730 |  |
| US TREASURY N/B | 0.010690 | ✓ |
| US TREASURY N/B | 0.010588 |  |
| U.S. Treasury Bills | 0.010460 |  |
| US TREASURY N/B | 0.010433 |  |
| U.S. Treasury Bills | 0.010418 |  |
| U.S. Treasury Bills | 0.010397 |  |
| United States Treasury Bill | 0.010363 |  |
| US TREASURY N/B | 0.010317 |  |
| U.S. Treasury Bills | 0.010235 |  |
| United States Treasury Bill | 0.010205 |  |
| US TREASURY N/B | 0.009992 |  |
| U.S. Treasury Bills | 0.009922 |  |
| US TREASURY N/B | 0.009875 |  |
| U.S. Treasury Bills | 0.009720 |  |
| US TREASURY N/B | 0.009608 |  |
| U.S. Treasury Bills | 0.009393 |  |
| U.S. Treasury Bills | 0.009141 |  |
| United States Treasury Bill | 0.009014 |  |
| U.S. Treasury Bills | 0.008953 |  |
| US TREASURY N/B | 0.008810 |  |
| US TREASURY N/B | 0.008761 |  |
| US TREASURY N/B | 0.008761 |  |


## Sources

- N-PORT (fund A) — accession `0001410368-26-038302` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/1081400/000141036826038302/0001410368-26-038302-index.htm>
- N-PORT (fund B) — accession `0000862084-26-000092` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/862084/000086208426000092/0000862084-26-000092-index.htm>

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