# Portfolio overlap — SCIO vs VBIL Comparing **First Trust Structured Credit Income Opportunities ETF** (2026-04-30) and **VANGUARD 0-3 MONTH TREASURY BILL ETF** (2026-03-31). - Shared positions: 11 - First Trust Structured Credit Income Opportunities ETF covered by VANGUARD 0-3 MONTH TREASURY BILL ETF: 0.04215073391250234337906388403 - VANGUARD 0-3 MONTH TREASURY BILL ETF covered by First Trust Structured Credit Income Opportunities ETF: 0.04215073391250234337906388403 ## First Trust Structured Credit Income Opportunities ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | MSILF Treasury Portfolio, Class Institutional | 0.020202 | | | FHR 5642 FN | 0.012770 | | | FNCL 5.5 7/25 | 0.010994 | | | RCO IX Mortgage LLC 2025-4 | 0.010912 | | | Verus Securitization Trust, Series 2024-2, Class B2 | 0.010699 | | | CMXS 2026-A D | 0.009947 | | | Verus Securitization Trust 2022-3 | 0.009902 | | | WLAKE 2026-1A D | 0.009745 | | | CMO | 0.009608 | | | Citigroup Mortgage Loan Trust 2020-EXP1 | 0.009601 | | | GNMA, Series 2025-78 | 0.009476 | | | UNITK 2026-1A A2 | 0.009449 | | | New Residential Mortgage Loan Trust 2023-NQM1 | 0.009406 | | | Redwood Funding Trust Series 2025-3, Class B | 0.009353 | | | LHOME Mortgage Trust 2024-RTL5 | 0.009283 | | | GGP 2026-2PAK A | 0.009219 | | | CMO | 0.009202 | | | Government National Mortgage Association | 0.008899 | | | BBCMS Mortgage Trust, Series 2018-TALL, Class A | 0.008419 | | | Santander Drive Auto Receivables Trust 2026-1 | 0.008388 | | | RMLT 2021-1R B2 | 0.008160 | | | MetroNet Infrastructure Issuer LLC | 0.007985 | | | ZAYO 2026-1A C | 0.007979 | | | SWCH COMMERCIAL MORTGAGE TRUST SWCH 2025 DATA A 144A | 0.007864 | | | EFMT 2025-INV1 EFMT 2025-INV1 B2 | 0.007845 | | | Uniform Mortgage-Backed Security, TBA | 0.007830 | | | FNCL 3.5 5/26 | 0.007825 | | | Golub Capital Partners CLO 60B Ltd | 0.007370 | | | VCAT ASSET SECURITIZATION LLC STEP 02/25/2056 144A | 0.007289 | | | CIM Trust, Series 2025-NR1, Class A1 | 0.007222 | | | GLS Auto Select Receivables Issuer Trust 2025-4 | 0.007197 | | | Redwood Funding Trust Series 2026-1, Class A | 0.007142 | | | Freddie Mac STACR REMIC Trust 2022-HQA1 | 0.007139 | | | Zayo Issuer LLC | 0.007000 | | | VERTICAL BRIDGE CC LLC, Series 2025-1A, Class D | 0.006765 | | | Verus Securitization Trust 2022-1 | 0.006623 | | | CMO | 0.006609 | | | RFT 2026-2 A | 0.006602 | | | PRET 2026-NPL4 A1 | 0.006587 | | | TRNTS 2022-19A D2R | 0.006524 | | | Exeter Select Automobile Receivables Trust, Series 2025-3, Class D | 0.006287 | | | CMXS 2025-B E | 0.006219 | | | CSMC 2021-NQM8 | 0.005968 | | | Fidelis Mortgage Trust Series 2025-RTL2, Class A2 | 0.005959 | | | FREDDIE MAC STACR REMIC TRUST STACR 2021 HQA1 B2 144A | 0.005742 | | | PRPM 2023-NQM3 Trust | 0.005715 | | | KRE 2026-ICNA A | 0.005596 | | | PRPM 2026-RCF2 LLC | 0.005355 | | | PRPM 2024-RCF1 LLC | 0.005342 | | | ISLN 2025-1A A | 0.005319 | | ## VANGUARD 0-3 MONTH TREASURY BILL ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | U.S. Treasury Bills | 0.063795 | | | U.S. Treasury Bills | 0.057100 | | | U.S. Treasury Bills | 0.055447 | | | U.S. Treasury Bills | 0.054813 | | | U.S. Treasury Bills | 0.054709 | | | U.S. Treasury Bills | 0.053202 | | | U.S. Treasury Bills | 0.052995 | | | U.S. Treasury Bills | 0.052327 | | | U.S. Treasury Bills | 0.051547 | | | U.S. Treasury Bills | 0.051400 | ✓ | | UST BILLS 0% 05/14/2026 | 0.044723 | ✓ | | U.S. Treasury Bills | 0.044506 | | | U.S. Treasury Bills | 0.035099 | ✓ | | U.S. Treasury Bills | 0.035016 | | | U.S. Treasury Bills | 0.034658 | | | U.S. Treasury Bills | 0.034367 | ✓ | | U.S. Treasury Bills | 0.033990 | ✓ | | U.S. Treasury Bills | 0.033602 | ✓ | | United States Treasury Bill | 0.032941 | ✓ | | U.S. Treasury Bills | 0.030540 | | | U.S. Treasury Bills | 0.029729 | ✓ | | U.S. Treasury Bills | 0.013263 | | | U.S. Treasury Bills | 0.012835 | ✓ | | U.S. Treasury Bills | 0.012581 | ✓ | | United States Treasury Bill | 0.012487 | ✓ | | U.S. Treasury Bills | 0.011927 | | | Vanguard Market Liquidity Fund | 0.000402 | | ## Sources - N-PORT (fund A) — accession `0000940400-26-025148` (as of 2026-04-30) - N-PORT (fund B) — accession `0000862084-26-000095` (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 _