AGZ vs SCHZ: Holdings Overlap
iShares · 98 holdings · $563M · as of 2026-05-31
SCHZSchwab U.S. Aggregate Bond ETF
Schwab · 12081 holdings · $10.5B · as of 2026-03-31
Holdings snapshots are 61 days apart (AGZ: 2026-05-31, SCHZ: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are AGZ and SCHZ?
iShares Agency Bond ETF (AGZ, by iShares) holds 98 positions; Schwab U.S. Aggregate Bond ETF (SCHZ, by Schwab) holds 12081. They have 21 holdings in common, and by portfolio weight the two funds are 0.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 21AGZ holds 98 · SCHZ holds 12081
- Weight in Shared Holdings
- AGZ 43%·SCHZ 0%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in AGZ
77 of 98 positions (51.1% of the fund) are not held by SCHZ. Showing the top 30 by weight.
- Federal Home Loan Bank Bonds5.66%
- Federal Farm Credit Bank Bonds4.70%
- Federal National Mortgage Association3.55%
- Federal Home Loan Bank Bonds3.51%
- Tennessee Valley Authority2.12%
- Federal Home Loan Mortgage Corp.1.63%
Only in SCHZ
12060 of 12081 positions (98.1% of the fund) are not held by AGZ. Showing the top 30 by weight.
- U.S. Treasury Notes0.44%
- U.S. Treasury Notes0.39%
- U.S. Treasury Notes0.38%
- U.S. Treasury Notes0.38%
- U.S. Treasury Notes0.38%
- U.S. Treasury Notes0.38%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| AGZ | +0.2% | +0.7% | +2.8% | +4.3% | +1.1% | +1.8% | 3.69% |
| SCHZ | -0.2% | +0.1% | +2.5% | +4.2% | -0.2% | +1.4% | 4.20% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in AGZ vs SCHZ →
Shared Holdings(21)
The top 10 shared positions account for 82% of the overlap, led by U.S. Treasury Bonds, Federal National Mortgage Association and Federal Home Loan Bank Bonds.
| U.S. Treasury Bonds | 0.69% | 0.08% | 0.08% |
|---|---|---|---|
| Federal National Mortgage Association | 13.29% | 0.06% | 0.06% |
| Federal Home Loan Bank Bonds | 1.12% | 0.05% | 0.05% |
| Federal Home Loan Bank Bonds | 1.57% | 0.05% | 0.05% |
| Federal National Mortgage Association | 1.59% | 0.05% | 0.05% |
| Federal National Mortgage Association | 5.66% | 0.03% | 0.03% |
| Federal Home Loan Bank Bonds | 1.23% | 0.02% | 0.02% |
| Federal Home Loan Bank Bonds | 0.46% | 0.02% | 0.02% |
| Federal Home Loan Bank Bonds | 0.40% | 0.02% | 0.02% |
| Federal Home Loan Bank Bonds | 0.29% | 0.02% | 0.02% |
| Federal Home Loan Mortgage Corp. | 2.62% | 0.02% | 0.02% |
| Federal National Mortgage Association | 0.94% | 0.02% | 0.02% |
| Federal National Mortgage Association | 2.16% | 0.01% | 0.01% |
| Federal Farm Credit Banks Funding Corp | 0.72% | 0.01% | 0.01% |
| Tennessee Valley Authority | 1.22% | 0.01% | 0.01% |
| Federal Home Loan Mortgage Corp. | 2.57% | 0.01% | 0.01% |
| Federal National Mortgage Association | 3.68% | 0.01% | 0.01% |
| Federal Home Loan Mortgage Corp. | 0.61% | 0.01% | 0.01% |
| Private Export Funding Corp. | 1.07% | 0.00% | 0.00% |
| Private Export Funding Corp. | 0.54% | 0.00% | 0.00% |
| Tennessee Valley Authority | 0.55% | 0.00% | 0.00% |
Frequently Asked Questions
How much do AGZ and SCHZ overlap?
AGZ and SCHZ overlap by 0.5% of portfolio weight. They share 21 holdings (AGZ holds 98 positions and SCHZ holds 12081), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AGZ and SCHZ?
The two portfolios are 0.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of AGZ and SCHZ?
The largest positions held by both funds are U.S. Treasury Bonds, Federal National Mortgage Association, Federal Home Loan Bank Bonds, Federal Home Loan Bank Bonds and Federal National Mortgage Association. Together the top 10 shared positions account for 82% of the total overlap.
What does AGZ own that SCHZ doesn't?
77 positions (51.1% of AGZ) are unique to AGZ, led by Federal Home Loan Bank Bonds, Federal Farm Credit Bank Bonds and Federal National Mortgage Association. In the other direction, 12060 positions (98.1% of SCHZ) are unique to SCHZ.