BNDX vs TFI: Holdings Overlap
BNDXVanguard Total International Bond Index Fund
Vanguard · 6707 holdings · $83.0B · as of 2026-04-30
TFIState Street® SPDR® Nuveen ICE Municipal Bond ETF
State Street (SPDR) · 1881 holdings · $3.1B · as of 2026-08-07
Holdings snapshots are 99 days apart (BNDX: 2026-04-30, TFI: 2026-08-07). 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 BNDX and TFI?
Vanguard Total International Bond Index Fund (BNDX, by Vanguard) holds 6707 positions; State Street® SPDR® Nuveen ICE Municipal Bond ETF (TFI, by State Street (SPDR)) holds 1881. 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
- 0BNDX holds 6707 · TFI holds 1881
- Weight in Shared Holdings
- BNDX 0%·TFI 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 BNDX
6707 of 6707 positions (98.8% of the fund) are not held by TFI. Showing the top 30 by weight.
- French Republic Government Bonds OAT0.40%
- French Republic Government Bonds OAT0.39%
- U.K. Gilts0.38%
- U.K. Gilts0.37%
- U.K. Gilts0.36%
- U.K. Gilts0.33%
Only in TFI
1881 of 1881 positions (99.0% of the fund) are not held by BNDX. Showing the top 30 by weight.
- NYC 5.000 08/01/310.46%
- UNVHGR 5.000 05/15/290.28%
- CAS 5.000 11/01/310.24%
- CTSGEN 5.000 07/01/280.24%
- CAS 5.000 11/01/270.23%
- NYCGEN 5.250 05/01/480.22%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| BNDX | +0.1% | +0.8% | +1.4% | +4.3% | +0.1% | +1.6% | 4.54% |
| TFI | -0.9% | +0.6% | +4.7% | +2.9% | -0.3% | +1.3% | 3.56% |
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 BNDX vs TFI →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do BNDX and TFI overlap?
BNDX and TFI overlap by 0.0% of portfolio weight. They share 0 holdings (BNDX holds 6707 positions and TFI holds 1881), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BNDX and TFI?
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 BNDX own that TFI doesn't?
6707 positions (98.8% of BNDX) are unique to BNDX, led by French Republic Government Bonds OAT, French Republic Government Bonds OAT and U.K. Gilts. In the other direction, 1881 positions (99.0% of TFI) are unique to TFI.