BIV vs VGIT: Holdings Overlap
BIVVanguard Intermediate-term Bond Index Fund
Vanguard · 2340 holdings · $28.9B · as of 2026-03-31
VGITVanguard Intermediate-term Treasury Index Fund
Vanguard · 103 holdings · $42.5B · as of 2026-05-31
Holdings snapshots are 61 days apart (BIV: 2026-03-31, VGIT: 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 VGIT?
Vanguard Intermediate-term Bond Index Fund (BIV, by Vanguard) holds 2340 positions; Vanguard Intermediate-term Treasury Index Fund (VGIT, by Vanguard) holds 103. They have 48 holdings in common, and by portfolio weight the two funds are 48.7% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 48.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 48BIV holds 2340 · VGIT holds 103
- Weight in Shared Holdings
- BIV 56%·VGIT 54%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
2292 of 2340 positions (42.4% of the fund) are not held by VGIT. Showing the top 30 by weight.
- Morgan Stanley0.15%
- Morgan Stanley0.13%
- International Bank for Reconstruction & Development0.12%
- Bank of America Corp.0.11%
- Oracle Corp.0.11%
- European Investment Bank0.11%
Only in VGIT
55 of 103 positions (45.1% of the fund) are not held by BIV. Showing the top 30 by weight.
- U.S. Treasury Notes1.65%
- U.S. Treasury Notes1.52%
- U.S. Treasury Notes1.42%
- U.S. Treasury Notes1.36%
- U.S. Treasury Notes1.14%
- U.S. Treasury Notes1.13%
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% |
| VGIT | +0.0% | -0.3% | +1.7% | +3.8% | -0.1% | +1.2% | 3.89% |
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 VGIT →
Shared Holdings(48)
The top 10 shared positions account for 38% of the overlap, led by U.S. Treasury Notes, U.S. Treasury Notes and U.S. Treasury Notes.
| U.S. Treasury Notes | 2.06% | 1.94% | 1.94% |
|---|---|---|---|
| U.S. Treasury Notes | 2.18% | 1.92% | 1.92% |
| U.S. Treasury Notes | 2.03% | 1.90% | 1.90% |
| U.S. Treasury Notes | 1.99% | 1.89% | 1.89% |
| U.S. Treasury Notes | 2.02% | 1.89% | 1.89% |
| U.S. Treasury Notes | 2.06% | 1.87% | 1.87% |
| U.S. Treasury Notes | 2.29% | 1.87% | 1.87% |
| U.S. Treasury Notes | 2.19% | 1.84% | 1.84% |
| U.S. Treasury Notes | 1.95% | 1.83% | 1.83% |
| U.S. Treasury Notes | 1.88% | 1.68% | 1.68% |
| U.S. Treasury Notes | 2.20% | 1.60% | 1.60% |
| U.S. Treasury Notes | 1.68% | 1.57% | 1.57% |
| U.S. Treasury Notes | 1.75% | 1.56% | 1.56% |
| U.S. Treasury Notes | 1.64% | 1.53% | 1.53% |
| U.S. Treasury Notes | 1.72% | 1.52% | 1.52% |
| U.S. Treasury Notes | 1.67% | 1.50% | 1.50% |
| U.S. Treasury Notes | 1.77% | 1.48% | 1.48% |
| U.S. Treasury Notes | 1.61% | 1.47% | 1.47% |
| U.S. Treasury Notes | 1.55% | 1.45% | 1.45% |
| U.S. Treasury Notes | 0.92% | 1.81% | 0.92% |
| U.S. Treasury Notes | 0.84% | 0.74% | 0.74% |
| U.S. Treasury Notes | 0.88% | 0.72% | 0.72% |
| U.S. Treasury Notes | 0.86% | 0.72% | 0.72% |
| U.S. Treasury Notes | 0.76% | 0.71% | 0.71% |
| U.S. Treasury Notes | 0.71% | 1.07% | 0.71% |
Frequently Asked Questions
How much do BIV and VGIT overlap?
BIV and VGIT overlap by 48.7% of portfolio weight. They share 48 holdings (BIV holds 2340 positions and VGIT holds 103), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BIV and VGIT?
The two portfolios are 48.7% 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 VGIT?
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 38% of the total overlap.
What does BIV own that VGIT doesn't?
2292 positions (42.4% of BIV) are unique to BIV, led by Morgan Stanley, Morgan Stanley and International Bank for Reconstruction & Development. In the other direction, 55 positions (45.1% of VGIT) are unique to VGIT.