BIV vs SCHZ: Holdings Overlap
BIVVanguard Intermediate-term Bond Index Fund
Vanguard · 2340 holdings · $28.9B · as of 2026-03-31
SCHZSchwab U.S. Aggregate Bond ETF
Schwab · 12081 holdings · $10.5B · as of 2026-03-31
How similar are BIV and SCHZ?
Vanguard Intermediate-term Bond Index Fund (BIV, by Vanguard) holds 2340 positions; Schwab U.S. Aggregate Bond ETF (SCHZ, by Schwab) holds 12081. They have 2147 holdings in common, and by portfolio weight the two funds are 17.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 17.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2147BIV holds 2340 · SCHZ holds 12081
- Weight in Shared Holdings
- BIV 97%·SCHZ 18%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
193 of 2340 positions (2.3% of the fund) are not held by SCHZ. Showing the top 30 by weight.
- U.S. Treasury Notes0.20%
- Salesforce, Inc.0.06%
- Amazon.com, Inc.0.05%
- Kinder Morgan, Inc.0.04%
- Norfolk Southern Corp.0.03%
- Honeywell Aerospace, Inc.0.03%
Only in SCHZ
9934 of 12081 positions (80.8% of the fund) are not held by BIV. Showing the top 30 by weight.
- U.S. Treasury Notes0.36%
- Uniform Mortgage-Backed Security, TBA0.34%
- U.S. Treasury Notes0.31%
- U.S. Treasury Notes0.30%
- U.S. Treasury Notes0.30%
- U.S. Treasury Notes0.28%
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% |
| 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 BIV vs SCHZ →
Shared Holdings(2147)
The top 10 shared positions account for 22% of the overlap, led by U.S. Treasury Notes, U.S. Treasury Notes and U.S. Treasury Notes.
| U.S. Treasury Notes | 1.95% | 0.44% | 0.44% |
|---|---|---|---|
| U.S. Treasury Notes | 2.06% | 0.39% | 0.39% |
| U.S. Treasury Notes | 2.29% | 0.38% | 0.38% |
| U.S. Treasury Notes | 2.18% | 0.38% | 0.38% |
| U.S. Treasury Notes | 2.02% | 0.38% | 0.38% |
| U.S. Treasury Notes | 1.99% | 0.38% | 0.38% |
| U.S. Treasury Notes | 2.03% | 0.38% | 0.38% |
| U.S. Treasury Notes | 2.06% | 0.37% | 0.37% |
| U.S. Treasury Notes | 2.19% | 0.36% | 0.36% |
| U.S. Treasury Notes | 1.88% | 0.34% | 0.34% |
| U.S. Treasury Notes | 1.68% | 0.32% | 0.32% |
| U.S. Treasury Notes | 1.72% | 0.31% | 0.31% |
| U.S. Treasury Notes | 2.20% | 0.31% | 0.31% |
| U.S. Treasury Notes | 1.67% | 0.30% | 0.30% |
| U.S. Treasury Notes | 1.77% | 0.30% | 0.30% |
| U.S. Treasury Notes | 1.64% | 0.29% | 0.29% |
| U.S. Treasury Notes | 1.75% | 0.28% | 0.28% |
| U.S. Treasury Notes | 1.61% | 0.27% | 0.27% |
| U.S. Treasury Notes | 1.55% | 0.27% | 0.27% |
| U.S. Treasury Notes | 0.71% | 0.26% | 0.26% |
| U.S. Treasury Notes | 0.69% | 0.17% | 0.17% |
| U.S. Treasury Notes | 0.92% | 0.17% | 0.17% |
| U.S. Treasury Notes | 0.21% | 0.16% | 0.16% |
| U.S. Treasury Notes | 1.15% | 0.16% | 0.16% |
| U.S. Treasury Notes | 1.40% | 0.16% | 0.16% |
Showing the top 250 of 2147 shared holdings by overlap weight.
Frequently Asked Questions
How much do BIV and SCHZ overlap?
BIV and SCHZ overlap by 17.4% of portfolio weight. They share 2147 holdings (BIV holds 2340 positions and SCHZ holds 12081), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BIV and SCHZ?
The two portfolios are 17.4% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of BIV and SCHZ?
The largest positions held by both funds are U.S. Treasury Notes, U.S. Treasury Notes, U.S. Treasury Notes, U.S. Treasury Notes and U.S. Treasury Notes. Together the top 10 shared positions account for 22% of the total overlap.
What does BIV own that SCHZ doesn't?
193 positions (2.3% of BIV) are unique to BIV, led by U.S. Treasury Notes, Salesforce, Inc. and Amazon.com, Inc.. In the other direction, 9934 positions (80.8% of SCHZ) are unique to SCHZ.