# Portfolio overlap — WITAX vs FIXD Comparing **SBH MUNICIPAL OPPORTUNITIES** (2026-03-31) and **First Trust Smith Opportunistic Fixed Income ETF** (2026-02-28). - Shared positions: 1 - SBH MUNICIPAL OPPORTUNITIES covered by First Trust Smith Opportunistic Fixed Income ETF: 0.03041221793430853480285576134 - First Trust Smith Opportunistic Fixed Income ETF covered by SBH MUNICIPAL OPPORTUNITIES: 0.03041221793430853480285576134 ## SBH MUNICIPAL OPPORTUNITIES — top positions | Security | Weight | Shared | |----------|--------|--------| | US TREASURY N/B | 0.058592 | ✓ | | IPMI 3 LLC 3.900%, Due 12/01/2028 | 0.049159 | | | IOWA FIN AUTH SINGLE FAMILY MTG REV VAR, Due 1/1/2049 | 0.036177 | | | UTAH HSG CORP TEMS 2021 2.5%, DUE 8/21/51 | 0.030290 | | | Tarrant County Cultural Education Facilities Finance Corp., Baylor Scott and White Health Project, Series 2024B | 0.029906 | | | PUBLIC FIN AUTH WI EDUCTNL FAC REVENUE | 0.026930 | | | Tarrant County Cultural Education Facilities Finance Corp., Series 2011C | 0.026915 | | | KNOXVILLE TN CMNTY DEV CORP MF REVENUE | 0.026809 | | | NY LSLPWR 09/01/2051 | 0.026047 | | | CT ST HLTH & EDU-A-4 | 0.024822 | | | DOUGLAS CNTY NEB SAN & IMPT DIST NO 425 4.9%, Due 11/1/2033 | 0.024496 | | | NYC MUNI WTR FIN-BB-2 | 0.023925 | | | GEORGIA POWER CO 1.8% 09-01-29 | 0.021605 | | | NEW HAMPSHIRE ST HSG FIN AUTH SINGLE FAMILY 6%, DUE 07/01/2051 | 0.020866 | | | SOUTH CAROLINA ST JOBS-ECON DEV AUTH SOL WST DISP REVENUE | 0.017943 | | | NASHVILLE & DAVIDSON | 0.017016 | | | SOUTHERN BOONE CNTY MO R-I SCHDIST GO BLDG 6%, Due 3/1/2044 | 0.017011 | | | OHIO ST HSG FIN AGY RSDL MTGE REVENUE | 0.016990 | | | NYC HSG DEV CORP-F-2A | 0.014959 | | | King County Public Hospital District No 2, Series 2024, GO Bonds | 0.014859 | | | Dallas Fort Worth International Airport 5.25%, DUE 11/1/2044 | 0.014636 | | | NEVADA HSG DIV SINGLE FAMILY MTG REV 7%, Due 4/1/2049 | 0.014232 | | | City of Fort Worth TX 5.5%, DUE 3/1/2044 | 0.013954 | | | RALEIGH N C HSG AUTH MULTIFAMILY REV BDS 2025 VAR, Due 01/01/2044 | 0.013341 | | | FED HOME LN MTG CORP MULTIFAMILY VAR RATE CTFS VAR 11/25/2042 | 0.012226 | | | FLORIDA ST HSG FIN CORP MF MTGE REVENUE | 0.012042 | | | KING CNTY WA SWR REVENUE COUNTY OF KING WA SEWER REVENUE | 0.011962 | | | State of Ohio | 0.011962 | | | MS ST HOME SF 5.50% 6/1/2045 | 0.011817 | | | ILLINOIS ST FIN AUTH REVENUE REGD V/R B/E 3.78900000 | 0.011558 | | | Denver Urban Renewal Authority, Colorado, Tax Increment Revenue Bonds, 9th and Colorado Urban Redevelopement Area, Series 2018A | 0.011391 | | | NEBRASKA ST INVESTMENT FIN AUT NE INVESTMENT FIN AUT | 0.010623 | | | SAN ANTONIO TX ELEC GAS REVE SANUTL 12/45 ADJUSTABLE VAR | 0.010389 | | | GEORGIA POWER CO 2.2% 10-01-32 | 0.010071 | | | Nevada Housing Division | 0.009687 | | | LA PAZ CNTY INDL DEV AUTHARPT FACS 7.000% Due 11/15/2038 | 0.009289 | | | Chambers County Texas Impt Dist #1 2.0%, Due 09/01/2027 | 0.008555 | | | Chambers County Texas Impt Dist #1 2.0%, Due 09/01/2028 | 0.008283 | | | Chambers County Texas Impt Dist #1 2.0%, Due 09/01/2029 | 0.008146 | | | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE | 0.008127 | | | State of NY Mortgage Agency Homeowner Mortgage Rev 3%, DUE 10/01/2039 | 0.007055 | | | COLUMBUS HSG RE 3.19% 6/1/2044 MT | 0.006600 | | | City of Austin TX 5%, DUE 09/01/2043 | 0.006490 | | | UT UTSMFH 03/01/2045 | 0.006357 | | | ORLANDO UTILITIES COM VAR | 0.006276 | | | WYOMING CMNTY DEV AUTH HSG 3.2%, Due 12/10/2041 | 0.006243 | | | MHP LEE I LLC (MPT) 3.5% 12-01-42 | 0.006009 | | | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX | 0.005977 | | | Village Community Development District No 7 | 0.005742 | | | EHOVE Joint Vocational School District 5.5%, DUE 12/1/2041 | 0.005710 | | ## First Trust Smith Opportunistic Fixed Income ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | US TREASURY N/B | 0.044193 | | | US TREASURY N/B | 0.033655 | | | US TREASURY N/B | 0.030412 | ✓ | | US TREASURY N/B | 0.025959 | | | US TREASURY N/B | 0.025862 | | | US TREASURY N/B | 0.021704 | | | US TREASURY N/B | 0.021399 | | | US TREASURY N/B | 0.018466 | | | US TREASURY N/B | 0.017267 | | | U.S. Treasury Inflation-Protected Indexed Notes | 0.010736 | | | BOEING CO/THE | 0.010240 | | | FR SD8491 | 0.009604 | | | DREY-GVT CSH-I | 0.008894 | | | FORD MOTOR CRED | 0.008385 | | | US TREASURY N/B | 0.008111 | | | RTX CORP | 0.007167 | | | GILDAN ACTIVEWEAR INC REGD 144A P/P 5.40000000 | 0.007107 | | | FIRST CITIZENS BANCSH F2V | 0.006698 | | | FN FA4541 | 0.006572 | | | G2 MA8347 | 0.006379 | | | NORTHROP GRUMMAN | 0.006348 | | | Jane Street Group / JSG Finance Inc. | 0.006181 | | | FR SD7553 | 0.005996 | | | FNCL UMBS 2.0 CB0290 04-01-51 | 0.005989 | | | ALBERTSONS COS/SAFEWAY REGD 144A P/P 6.50000000 | 0.005623 | | | FR SD3012 | 0.005553 | | | FR SD1657 | 0.005532 | | | HCA INC | 0.005487 | | | FR SD8245 | 0.005414 | | | VF CORP | 0.005384 | | | GOLDMAN SACHS GP | 0.005341 | | | Fannie Mae Pool | 0.005229 | | | BOEING CO/THE | 0.005099 | | | L3HARRIS TECH IN | 0.005051 | | | FN DG2890 | 0.004991 | | | Carnival Corp. | 0.004917 | | | GENERAL MOTORS C | 0.004893 | | | FN BW9886 | 0.004880 | | | G2 MA9963 | 0.004876 | | | US TREASURY N/B | 0.004872 | | | KROGER CO | 0.004861 | | | MEDLINE BORROWER/MEDL CO SR SECURED 144A 04/29 6.25 | 0.004826 | | | TRANSDIGM TERM J 1LN 02/28/2031 | 0.004734 | | | SYNOVUS FINL | 0.004449 | | | SYNOPSYS INC | 0.004439 | | | Freddie Mac Pool | 0.004417 | | | SCHW V4 PERP I | 0.004352 | | | WELLS FARGO CO | 0.004341 | | | SOLVENTUM CORP | 0.004292 | | | FR SD2206 | 0.004249 | | ## Sources - N-PORT (fund A) — accession `0000910472-26-008409` (as of 2026-03-31) - N-PORT (fund B) — accession `0000940400-26-014550` (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 _