BLV vs LQD: Holdings Overlap
BLVVanguard Long-term Bond Index Fund
Vanguard · 3013 holdings · $5.8B · as of 2026-03-31
LQDiShares iBoxx $ Investment Grade Corporate Bond ETF
iShares · 3135 holdings · $32.4B · as of 2026-05-31
Holdings snapshots are 61 days apart (BLV: 2026-03-31, LQD: 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 BLV and LQD?
Vanguard Long-term Bond Index Fund (BLV, by Vanguard) holds 3013 positions; iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD, by iShares) holds 3135. They have 1211 holdings in common, and by portfolio weight the two funds are 26.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 26.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1211BLV holds 3013 · LQD holds 3135
- Weight in Shared Holdings
- BLV 28%·LQD 38%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
1802 of 3013 positions (71.0% of the fund) are not held by LQD. 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 LQD
1924 of 3135 positions (60.4% of the fund) are not held by BLV. Showing the top 30 by weight.
- T-Mobile USA Inc0.16%
- Meta Platforms Inc0.16%
- Amazon.com Inc0.15%
- Bank of America Corp0.14%
- Bank of America Corp0.13%
- AbbVie Inc0.13%
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% |
| LQD | -0.8% | -0.7% | +1.6% | +4.9% | -0.7% | +2.2% | 4.65% |
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 LQD →
Shared Holdings(1211)
The top 10 shared positions account for 4% of the overlap, led by Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc, CVS Health Corp. and Bank of America Corp..
| Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc | 0.16% | 0.20% | 0.16% |
|---|---|---|---|
| CVS Health Corp. | 0.13% | 0.17% | 0.13% |
| Bank of America Corp. | 0.10% | 0.12% | 0.10% |
| Pfizer Investment Enterprises Pte. Ltd. | 0.10% | 0.15% | 0.10% |
| AbbVie, Inc. | 0.10% | 0.11% | 0.10% |
| Boeing Co. (The) | 0.10% | 0.14% | 0.10% |
| AT&T, Inc. | 0.10% | 0.13% | 0.10% |
| Amazon.com, Inc. | 0.09% | 0.14% | 0.09% |
| Meta Platforms, Inc. | 0.09% | 0.15% | 0.09% |
| Wells Fargo & Co. | 0.09% | 0.12% | 0.09% |
| AT&T, Inc. | 0.09% | 0.11% | 0.09% |
| AT&T, Inc. | 0.09% | 0.13% | 0.09% |
| Bank of America Corp. | 0.10% | 0.09% | 0.09% |
| AbbVie, Inc. | 0.08% | 0.09% | 0.08% |
| Pfizer Investment Enterprises Pte. Ltd. | 0.08% | 0.10% | 0.08% |
| AT and T INC 3.8% 12/01/2057 | 0.08% | 0.11% | 0.08% |
| Microsoft Corp. | 0.08% | 0.10% | 0.08% |
| Amgen, Inc. | 0.08% | 0.10% | 0.08% |
| Goldman Sachs Group, Inc. (The) | 0.08% | 0.15% | 0.08% |
| Anheuser-Busch InBev Worldwide, Inc. | 0.08% | 0.10% | 0.08% |
| Goldman Sachs Group, Inc. (The) | 0.09% | 0.08% | 0.08% |
| Alphabet, Inc. | 0.08% | 0.09% | 0.08% |
| Meta Platforms, Inc. | 0.08% | 0.10% | 0.08% |
| Verizon Communications, Inc. | 0.07% | 0.08% | 0.07% |
| AbbVie, Inc. | 0.07% | 0.07% | 0.07% |
Showing the top 250 of 1211 shared holdings by overlap weight.
Frequently Asked Questions
How much do BLV and LQD overlap?
BLV and LQD overlap by 26.0% of portfolio weight. They share 1211 holdings (BLV holds 3013 positions and LQD holds 3135), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BLV and LQD?
The two portfolios are 26.0% 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 BLV and LQD?
The largest positions held by both funds are Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc, CVS Health Corp., Bank of America Corp., Pfizer Investment Enterprises Pte. Ltd. and AbbVie, Inc.. Together the top 10 shared positions account for 4% of the total overlap.
What does BLV own that LQD doesn't?
1802 positions (71.0% 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, 1924 positions (60.4% of LQD) are unique to LQD.