BND vs SCHQ: Holdings Overlap
BNDVanguard Total Bond Market Index Fund
Vanguard · 17360 holdings · $161.4B · as of 2026-03-31
SCHQSchwab Long-Term U.S. Treasury ETF
Schwab · 97 holdings · $793M · as of 2026-03-31
How similar are BND and SCHQ?
Vanguard Total Bond Market Index Fund (BND, by Vanguard) holds 17360 positions; Schwab Long-Term U.S. Treasury ETF (SCHQ, by Schwab) holds 97. They have 96 holdings in common, and by portfolio weight the two funds are 9.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 9.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 96BND holds 17360 · SCHQ holds 97
- Weight in Shared Holdings
- BND 10%·SCHQ 99%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
17264 of 17360 positions (88.8% of the fund) are not held by SCHQ. 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 SCHQ
1 of 97 positions (0.4% of the fund) are not held by BND.
- U.S. Treasury Bonds0.41%
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% |
| SCHQ | -1.5% | -2.3% | -0.6% | +0.4% | -6.7% | — | 4.90% |
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 SCHQ →
Shared Holdings(96)
The top 10 shared positions account for 21% of the overlap, led by U.S. Treasury Bonds, U.S. Treasury Bonds and U.S. Treasury Bonds.
| U.S. Treasury Bonds | 0.24% | 2.24% | 0.24% |
|---|---|---|---|
| U.S. Treasury Bonds | 0.23% | 2.10% | 0.23% |
| U.S. Treasury Bonds | 0.22% | 2.24% | 0.22% |
| U.S. Treasury Bonds | 0.22% | 2.28% | 0.22% |
| U.S. Treasury Bonds | 0.21% | 2.18% | 0.21% |
| U.S. Treasury Bonds | 0.21% | 2.19% | 0.21% |
| U.S. Treasury Bonds | 0.21% | 2.10% | 0.21% |
| U.S. Treasury Bonds | 0.20% | 1.88% | 0.20% |
| U.S. Treasury Bonds | 0.19% | 2.24% | 0.19% |
| U.S. Treasury Bonds | 0.19% | 2.29% | 0.19% |
| U.S. Treasury Bonds | 0.18% | 1.55% | 0.18% |
| U.S. Treasury Bonds | 0.18% | 1.66% | 0.18% |
| U.S. Treasury Bonds | 0.18% | 1.55% | 0.18% |
| U.S. Treasury Bonds | 0.16% | 1.58% | 0.16% |
| U.S. Treasury Bonds | 0.16% | 1.45% | 0.16% |
| U.S. Treasury Bonds | 0.15% | 1.42% | 0.15% |
| U.S. Treasury Bonds | 0.15% | 1.59% | 0.15% |
| U.S. Treasury Bonds | 0.15% | 1.43% | 0.15% |
| U.S. Treasury Bonds | 0.15% | 1.47% | 0.15% |
| U.S. Treasury Bonds | 0.15% | 1.40% | 0.15% |
| U.S. Treasury Bonds | 0.14% | 1.37% | 0.14% |
| U.S. Treasury Bonds | 0.14% | 1.29% | 0.14% |
| U.S. Treasury Bonds | 0.14% | 1.29% | 0.14% |
| U.S. Treasury Bonds | 0.14% | 1.35% | 0.14% |
| U.S. Treasury Bonds | 0.14% | 1.15% | 0.14% |
Frequently Asked Questions
How much do BND and SCHQ overlap?
BND and SCHQ overlap by 9.9% of portfolio weight. They share 96 holdings (BND holds 17360 positions and SCHQ holds 97), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BND and SCHQ?
The two portfolios are 9.9% 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 BND and SCHQ?
The largest positions held by both funds are U.S. Treasury Bonds, U.S. Treasury Bonds, U.S. Treasury Bonds, U.S. Treasury Bonds and U.S. Treasury Bonds. Together the top 10 shared positions account for 21% of the total overlap.
What does BND own that SCHQ doesn't?
17264 positions (88.8% 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, 1 positions (0.4% of SCHQ) are unique to SCHQ.