BLV vs EMB: Holdings Overlap
BLVVanguard Long-term Bond Index Fund
Vanguard · 3013 holdings · $5.8B · as of 2026-03-31
EMBiShares J.P. Morgan USD Emerging Markets Bond ETF
iShares · 675 holdings · $14.7B · as of 2026-04-30
Holdings snapshots are 30 days apart (BLV: 2026-03-31, EMB: 2026-04-30). 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 BLV and EMB?
Vanguard Long-term Bond Index Fund (BLV, by Vanguard) holds 3013 positions; iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB, by iShares) holds 675. They have 72 holdings in common, and by portfolio weight the two funds are 2.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 72BLV holds 3013 · EMB holds 675
- Weight in Shared Holdings
- BLV 2%·EMB 10%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 BLV
2941 of 3013 positions (96.5% of the fund) are not held by EMB. Showing the top 30 by weight.
- U.S. Treasury Bonds1.23%
- U.S. Treasury Bonds1.21%
- U.S. Treasury Bonds1.18%
- U.S. Treasury Bonds1.18%
- U.S. Treasury Bonds1.18%
- U.S. Treasury Bonds1.14%
Only in EMB
603 of 675 positions (88.2% of the fund) are not held by BLV. Showing the top 30 by weight.
- Argentina Republic Government International Bonds1.10%
- Ecuador Government International Bonds0.77%
- Argentina Republic Government International Bonds0.71%
- Argentina Republic Government International Bonds0.63%
- Ghana Government International Bonds0.52%
- Argentina Republic Government International Bonds0.52%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| BLV | -1.5% | -1.9% | +0.2% | +2.5% | -4.7% | +0.3% | 4.94% |
| EMB | -0.3% | +2.0% | +7.3% | +9.0% | +1.8% | +2.9% | 5.12% |
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 BLV vs EMB →
Shared Holdings(72)
The top 10 shared positions account for 28% of the overlap, led by Mexico Government International Bond, Mexico Government International Bonds and Mexico Government International Bonds.
| Mexico Government International Bond | 0.08% | 0.16% | 0.08% |
|---|---|---|---|
| Mexico Government International Bonds | 0.08% | 0.17% | 0.08% |
| Mexico Government International Bonds | 0.07% | 0.17% | 0.07% |
| Uruguay Government International Bonds | 0.07% | 0.51% | 0.07% |
| Republic of Poland Government International Bonds | 0.06% | 0.39% | 0.06% |
| Mexico Government International Bonds | 0.05% | 0.13% | 0.05% |
| Mexico Government International Bonds | 0.05% | 0.11% | 0.05% |
| Mexico Government International Bond | 0.05% | 0.13% | 0.05% |
| Mexico Government International Bonds | 0.05% | 0.12% | 0.05% |
| Peru Government International Bonds | 0.04% | 0.30% | 0.04% |
| Mexico Government International Bonds | 0.04% | 0.12% | 0.04% |
| Uruguay Government International Bonds | 0.04% | 0.32% | 0.04% |
| Mexico Government International Bonds | 0.04% | 0.12% | 0.04% |
| Republic of Poland Government International Bonds | 0.04% | 0.28% | 0.04% |
| Mexico Government International Bonds | 0.04% | 0.10% | 0.04% |
| Panama Government International Bonds | 0.04% | 0.18% | 0.04% |
| Mexico Government International Bonds | 0.04% | 0.08% | 0.04% |
| Hungary Government International Bonds | 0.04% | 0.27% | 0.04% |
| Mexico Government International Bonds | 0.04% | 0.09% | 0.04% |
| Philippines Government International Bonds | 0.04% | 0.16% | 0.04% |
| Mexico Government International Bond | 0.03% | 0.08% | 0.03% |
| Mexico Government International Bonds | 0.03% | 0.08% | 0.03% |
| Mexico Government International Bonds | 0.03% | 0.08% | 0.03% |
| Peru Government International Bonds | 0.03% | 0.20% | 0.03% |
| Philippines Government International Bonds | 0.03% | 0.17% | 0.03% |
Frequently Asked Questions
How much do BLV and EMB overlap?
BLV and EMB overlap by 2.2% of portfolio weight. They share 72 holdings (BLV holds 3013 positions and EMB holds 675), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BLV and EMB?
The two portfolios are 2.2% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of BLV and EMB?
The largest positions held by both funds are Mexico Government International Bond, Mexico Government International Bonds, Mexico Government International Bonds, Uruguay Government International Bonds and Republic of Poland Government International Bonds. Together the top 10 shared positions account for 28% of the total overlap.
What does BLV own that EMB doesn't?
2941 positions (96.5% of BLV) are unique to BLV, led by U.S. Treasury Bonds, U.S. Treasury Bonds and U.S. Treasury Bonds. In the other direction, 603 positions (88.2% of EMB) are unique to EMB.