BND vs CMF: Holdings Overlap
BNDVanguard Total Bond Market Index Fund
Vanguard · 17360 holdings · $161.4B · as of 2026-03-31
CMFiShares California Muni Bond ETF
iShares · 1607 holdings · $4.6B · as of 2026-05-31
Holdings snapshots are 61 days apart (BND: 2026-03-31, CMF: 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 BND and CMF?
Vanguard Total Bond Market Index Fund (BND, by Vanguard) holds 17360 positions; iShares California Muni Bond ETF (CMF, by iShares) holds 1607. They have 0 holdings in common, and by portfolio weight the two funds are 0.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 0BND holds 17360 · CMF holds 1607
- Weight in Shared Holdings
- BND 0%·CMF 0%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 BND
17360 of 17360 positions (98.7% of the fund) are not held by CMF. Showing the top 30 by weight.
- U.S. Treasury Notes0.48%
- U.S. Treasury Notes0.42%
- U.S. Treasury Notes0.42%
- U.S. Treasury Notes0.42%
- U.S. Treasury Notes0.41%
- U.S. Treasury Notes0.41%
Only in CMF
1607 of 1607 positions (96.0% of the fund) are not held by BND. Showing the top 30 by weight.
- Los Angeles Unified School District, Series 2024A0.50%
- University of California, Series 2023BN0.49%
- California Educational Facilities Authority, Series U-60.44%
- Los Angeles Unified School District, Series 2024A0.44%
- California State University, Series 2024A0.42%
- University of California, Series 2025CD0.42%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| BND | -0.3% | +0.0% | +2.4% | +4.2% | -0.2% | +1.5% | 4.03% |
| CMF | -0.9% | +0.6% | +5.2% | +3.2% | +0.5% | +1.6% | 2.97% |
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 BND vs CMF →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do BND and CMF overlap?
BND and CMF overlap by 0.0% of portfolio weight. They share 0 holdings (BND holds 17360 positions and CMF holds 1607), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BND and CMF?
The two portfolios are 0.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What does BND own that CMF doesn't?
17360 positions (98.7% of BND) are unique to BND, led by U.S. Treasury Notes, U.S. Treasury Notes and U.S. Treasury Notes. In the other direction, 1607 positions (96.0% of CMF) are unique to CMF.