BIV vs VCIT: Holdings Overlap
BIVVanguard Intermediate-term Bond Index Fund
Vanguard · 2340 holdings · $28.9B · as of 2026-03-31
VCITVanguard Intermediate-term Corporate Bond Index Fund
Vanguard · 2302 holdings · $67.6B · as of 2026-05-31
Holdings snapshots are 61 days apart (BIV: 2026-03-31, VCIT: 2026-05-31). 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 BIV and VCIT?
Vanguard Intermediate-term Bond Index Fund (BIV, by Vanguard) holds 2340 positions; Vanguard Intermediate-term Corporate Bond Index Fund (VCIT, by Vanguard) holds 2302. They have 1967 holdings in common, and by portfolio weight the two funds are 33.5% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 33.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1967BIV holds 2340 · VCIT holds 2302
- Weight in Shared Holdings
- BIV 35%·VCIT 92%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
373 of 2340 positions (63.7% of the fund) are not held by VCIT. 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 VCIT
335 of 2302 positions (6.6% of the fund) are not held by BIV. Showing the top 30 by weight.
- Morgan Stanley0.21%
- JPMorgan Chase & Co.0.19%
- U.S. Treasury Notes0.18%
- Goldman Sachs Group, Inc. (The)0.18%
- Meta Platforms Inc0.15%
- Bank of America Corp.0.11%
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% |
| VCIT | -0.2% | -0.0% | +2.8% | +6.0% | +0.9% | +2.7% | 4.87% |
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 VCIT →
Shared Holdings(1967)
The top 10 shared positions account for 3% of the overlap, led by Morgan Stanley, Bank of America Corp. and Oracle Corp..
| Morgan Stanley | 0.15% | 0.17% | 0.15% |
|---|---|---|---|
| Bank of America Corp. | 0.11% | 0.21% | 0.11% |
| Oracle Corp. | 0.11% | 0.27% | 0.11% |
| Meta Platforms, Inc. | 0.11% | 0.27% | 0.11% |
| Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc | 0.11% | 0.27% | 0.11% |
| Bank of America Corp. | 0.09% | 0.11% | 0.09% |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 0.09% | 0.16% | 0.09% |
| Bank of America Corp. | 0.09% | 0.15% | 0.09% |
| Oracle Corp. | 0.09% | 0.20% | 0.09% |
| WELLS FARGO and CO NEW 5.605%/VAR 04/23/2036 | 0.09% | 0.18% | 0.09% |
| Bank of America Corp. | 0.09% | 0.20% | 0.09% |
| Bank of America Corp. | 0.09% | 0.14% | 0.09% |
| WELLS FARGO and CO NEW 5.211%/VAR 12/03/2035 | 0.09% | 0.13% | 0.09% |
| Bank of America Corp. | 0.08% | 0.14% | 0.08% |
| Goldman Sachs Group, Inc. (The) | 0.08% | 0.16% | 0.08% |
| Pfizer Investment Enterprises Pte. Ltd. | 0.08% | 0.27% | 0.08% |
| Verizon Communications, Inc. | 0.08% | 0.18% | 0.08% |
| Citigroup, Inc. | 0.08% | 0.20% | 0.08% |
| JPMORGAN CHASE and CO 4.81%/VAR 10/22/2036 | 0.08% | 0.16% | 0.08% |
| JPMORGAN CHASE and CO 4.912%/VAR 07/25/2033 | 0.08% | 0.25% | 0.08% |
| Wells Fargo & Co. | 0.08% | 0.17% | 0.08% |
| Goldman Sachs Group, Inc. (The) | 0.08% | 0.23% | 0.08% |
| Wells Fargo & Co. | 0.08% | 0.16% | 0.08% |
| Wells Fargo & Co. | 0.08% | 0.18% | 0.08% |
| Bank of America Corp. | 0.08% | 0.20% | 0.08% |
Showing the top 250 of 1967 shared holdings by overlap weight.
Frequently Asked Questions
How much do BIV and VCIT overlap?
BIV and VCIT overlap by 33.5% of portfolio weight. They share 1967 holdings (BIV holds 2340 positions and VCIT holds 2302), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BIV and VCIT?
The two portfolios are 33.5% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of BIV and VCIT?
The largest positions held by both funds are Morgan Stanley, Bank of America Corp., Oracle Corp., Meta Platforms, Inc. and Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc. Together the top 10 shared positions account for 3% of the total overlap.
What does BIV own that VCIT doesn't?
373 positions (63.7% 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, 335 positions (6.6% of VCIT) are unique to VCIT.