BIV vs BOND: Holdings Overlap
BIVVanguard Intermediate-term Bond Index Fund
Vanguard · 2340 holdings · $28.9B · as of 2026-03-31
BONDPIMCO Active Bond Exchange-Traded Fund
PIMCO · 1518 holdings · $8.5B · as of 2026-03-31
How similar are BIV and BOND?
Vanguard Intermediate-term Bond Index Fund (BIV, by Vanguard) holds 2340 positions; PIMCO Active Bond Exchange-Traded Fund (BOND, by PIMCO) holds 1518. They have 131 holdings in common, and by portfolio weight the two funds are 3.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 131BIV holds 2340 · BOND holds 1518
- Weight in Shared Holdings
- BIV 4%·BOND 8%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 BIV
2209 of 2340 positions (94.7% of the fund) are not held by BOND. Showing the top 30 by weight.
- U.S. Treasury Notes2.29%
- U.S. Treasury Notes2.20%
- U.S. Treasury Notes2.19%
- U.S. Treasury Notes2.18%
- U.S. Treasury Notes2.06%
- U.S. Treasury Notes2.06%
Only in BOND
1387 of 1518 positions (111.9% of the fund) are not held by BIV. Showing the top 30 by weight.
- Uniform Mortgage-Backed Security, TBA6.16%
- Uniform Mortgage-Backed Securities4.28%
- U.S. Treasury Bonds3.66%
- PIMCO MORTGAGE BACKED SECURITI PIMCO MBS ACTIVE ETF3.49%
- Uniform Mortgage-Backed Security, TBA2.45%
- U.S. Treasury Bonds2.27%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| BIV | -0.2% | -0.3% | +2.0% | +4.6% | -0.1% | +1.7% | 4.31% |
| BOND | -0.3% | +0.5% | +3.6% | +5.2% | +0.2% | +2.1% | 5.23% |
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 BIV vs BOND →
Shared Holdings(131)
The top 10 shared positions account for 32% of the overlap, led by U.S. Treasury Notes, Bank of America Corp. and WELLS FARGO and CO NEW 5.605%/VAR 04/23/2036.
| U.S. Treasury Notes | 0.92% | 0.29% | 0.29% |
|---|---|---|---|
| Bank of America Corp. | 0.09% | 0.11% | 0.09% |
| WELLS FARGO and CO NEW 5.605%/VAR 04/23/2036 | 0.09% | 0.19% | 0.09% |
| Bank of America Corp. | 0.09% | 0.14% | 0.09% |
| Bank of America Corp. | 0.08% | 0.27% | 0.08% |
| Goldman Sachs Group, Inc. (The) | 0.08% | 0.24% | 0.08% |
| Wells Fargo & Co. | 0.08% | 0.25% | 0.08% |
| JPMorgan Chase & Co. | 0.08% | 0.24% | 0.08% |
| JPMORGAN CHASE and CO 5.572%/VAR 04/22/2036 | 0.07% | 0.27% | 0.07% |
| Goldman Sachs Group, Inc. (The) | 0.07% | 0.08% | 0.07% |
| Goldman Sachs Group, Inc. (The) | 0.06% | 0.12% | 0.06% |
| HSBC Holdings PLC | 0.06% | 0.06% | 0.06% |
| Goldman Sachs Group, Inc. (The) | 0.07% | 0.05% | 0.05% |
| Citigroup, Inc. | 0.05% | 0.05% | 0.05% |
| JPMorgan Chase & Co. | 0.05% | 0.15% | 0.05% |
| Citigroup, Inc. | 0.04% | 0.10% | 0.04% |
| Barclays PLC | 0.04% | 0.11% | 0.04% |
| Morgan Stanley | 0.04% | 0.24% | 0.04% |
| WELLS FARGO and CO NEW 4.897%/VAR 07/25/2033 | 0.04% | 0.29% | 0.04% |
| Barclays PLC | 0.05% | 0.04% | 0.04% |
| HCA, Inc. | 0.04% | 0.05% | 0.04% |
| HSBC Holdings PLC | 0.04% | 0.15% | 0.04% |
| JPMorgan Chase & Co. | 0.06% | 0.03% | 0.03% |
| Verizon Communications, Inc. | 0.03% | 0.07% | 0.03% |
| HCA, Inc. | 0.04% | 0.03% | 0.03% |
Frequently Asked Questions
How much do BIV and BOND overlap?
BIV and BOND overlap by 3.2% of portfolio weight. They share 131 holdings (BIV holds 2340 positions and BOND holds 1518), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BIV and BOND?
The two portfolios are 3.2% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of BIV and BOND?
The largest positions held by both funds are U.S. Treasury Notes, Bank of America Corp., WELLS FARGO and CO NEW 5.605%/VAR 04/23/2036, Bank of America Corp. and Bank of America Corp.. Together the top 10 shared positions account for 32% of the total overlap.
What does BIV own that BOND doesn't?
2209 positions (94.7% of BIV) are unique to BIV, led by U.S. Treasury Notes, U.S. Treasury Notes and U.S. Treasury Notes. In the other direction, 1387 positions (111.9% of BOND) are unique to BOND.