BND vs FALN: Holdings Overlap
BNDVanguard Total Bond Market Index Fund
Vanguard · 17360 holdings · $161.4B · as of 2026-03-31
FALNiShares Fallen Angels USD Bond ETF
iShares · 161 holdings · $1.6B · as of 2026-04-30
Holdings snapshots are 30 days apart (BND: 2026-03-31, FALN: 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 BND and FALN?
Vanguard Total Bond Market Index Fund (BND, by Vanguard) holds 17360 positions; iShares Fallen Angels USD Bond ETF (FALN, by iShares) holds 161. They have 19 holdings in common, and by portfolio weight the two funds are 0.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 19BND holds 17360 · FALN holds 161
- Weight in Shared Holdings
- BND 0%·FALN 3%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
17341 of 17360 positions (98.7% of the fund) are not held by FALN. 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 FALN
142 of 161 positions (94.4% of the fund) are not held by BND. Showing the top 30 by weight.
- Vodafone Group PLC2.99%
- GFL Environmental Inc2.15%
- Resorts World Las Vegas LLC / RWLV Capital Inc1.84%
- PacifiCorp1.78%
- United Rentals North America Inc1.54%
- Huntsman International LLC1.48%
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% |
| FALN | -0.0% | +2.7% | +6.6% | +8.8% | +3.6% | +6.1% | 6.52% |
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 FALN →
Shared Holdings(19)
The top 10 shared positions account for 85% of the overlap, led by Centene Corp., Centene Corp. and Centene Corp..
| Centene Corp. | 0.01% | 0.02% | 0.01% |
|---|---|---|---|
| Centene Corp. | 0.01% | 0.01% | 0.01% |
| Centene Corp. | 0.01% | 0.02% | 0.01% |
| FS KKR Capital Corp. | 0.01% | 0.65% | 0.01% |
| Centene Corp. | 0.00% | 0.01% | 0.00% |
| Paramount Global | 0.00% | 0.27% | 0.00% |
| Paramount Global | 0.00% | 0.11% | 0.00% |
| Paramount Global | 0.00% | 0.28% | 0.00% |
| Paramount Global | 0.00% | 0.13% | 0.00% |
| Paramount Global | 0.00% | 0.12% | 0.00% |
| Paramount Global | 0.00% | 0.27% | 0.00% |
| Paramount Global | 0.00% | 0.11% | 0.00% |
| Paramount Global | 0.00% | 0.30% | 0.00% |
| Paramount Global | 0.00% | 0.09% | 0.00% |
| Paramount Global | 0.00% | 0.07% | 0.00% |
| Paramount Global | 0.00% | 0.10% | 0.00% |
| Paramount Global | 0.00% | 0.08% | 0.00% |
| Paramount Global | 0.00% | 0.10% | 0.00% |
| Paramount Global | 0.00% | 0.19% | 0.00% |
Frequently Asked Questions
How much do BND and FALN overlap?
BND and FALN overlap by 0.1% of portfolio weight. They share 19 holdings (BND holds 17360 positions and FALN holds 161), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BND and FALN?
The two portfolios are 0.1% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of BND and FALN?
The largest positions held by both funds are Centene Corp., Centene Corp., Centene Corp., FS KKR Capital Corp. and Centene Corp.. Together the top 10 shared positions account for 85% of the total overlap.
What does BND own that FALN doesn't?
17341 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, 142 positions (94.4% of FALN) are unique to FALN.