BND vs HYG: Holdings Overlap
BNDVanguard Total Bond Market Index Fund
Vanguard · 17360 holdings · $161.4B · as of 2026-03-31
HYGiShares iBoxx $ High Yield Corporate Bond ETF
iShares · 1322 holdings · $17.4B · as of 2026-05-31
Holdings snapshots are 61 days apart (BND: 2026-03-31, HYG: 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 HYG?
Vanguard Total Bond Market Index Fund (BND, by Vanguard) holds 17360 positions; iShares iBoxx $ High Yield Corporate Bond ETF (HYG, by iShares) holds 1322. They have 9 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
- 9BND holds 17360 · HYG holds 1322
- Weight in Shared Holdings
- BND 0%·HYG 1%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
17351 of 17360 positions (98.7% of the fund) are not held by HYG. 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 HYG
1313 of 1322 positions (97.0% of the fund) are not held by BND. Showing the top 30 by weight.
- 1261229 BC Ltd0.54%
- EchoStar Corp0.44%
- Cloud Software Group Inc0.34%
- Quikrete Holdings Inc0.33%
- Cloud Software Group Inc0.33%
- DISH Network Corp0.32%
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% |
| HYG | +0.3% | +2.2% | +5.2% | +8.3% | +3.8% | +4.7% | 5.89% |
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 BND vs HYG →
Shared Holdings(9)
The top 9 shared positions account for 91% of the overlap, led by FS KKR Capital Corp., Paramount Global and Pilgrim's Pride Corp..
| FS KKR Capital Corp. | 0.01% | 0.07% | 0.01% |
|---|---|---|---|
| Paramount Global | 0.00% | 0.07% | 0.00% |
| Pilgrim's Pride Corp. | 0.00% | 0.07% | 0.00% |
| Pilgrim's Pride Corp. | 0.00% | 0.06% | 0.00% |
| Pilgrim's Pride Corp. | 0.00% | 0.08% | 0.00% |
| Pilgrim's Pride Corp. | 0.00% | 0.04% | 0.00% |
| Paramount Global | 0.00% | 0.04% | 0.00% |
| Paramount Global | 0.00% | 0.04% | 0.00% |
| Paramount Global | 0.00% | 0.04% | 0.00% |
Frequently Asked Questions
How much do BND and HYG overlap?
BND and HYG overlap by 0.0% of portfolio weight. They share 9 holdings (BND holds 17360 positions and HYG holds 1322), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BND and HYG?
The two portfolios are 0.0% 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 HYG?
The largest positions held by both funds are FS KKR Capital Corp., Paramount Global, Pilgrim's Pride Corp., Pilgrim's Pride Corp. and Pilgrim's Pride Corp.. Together the top 9 shared positions account for 91% of the total overlap.
What does BND own that HYG doesn't?
17351 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, 1313 positions (97.0% of HYG) are unique to HYG.