BOND vs TIP: Holdings Overlap
BONDPIMCO Active Bond Exchange-Traded Fund
PIMCO · 1518 holdings · $8.5B · as of 2026-03-31
iShares · 48 holdings · $14.7B · as of 2026-04-30
Holdings snapshots are 30 days apart (BOND: 2026-03-31, TIP: 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 BOND and TIP?
PIMCO Active Bond Exchange-Traded Fund (BOND, by PIMCO) holds 1518 positions; iShares TIPS Bond ETF (TIP, by iShares) holds 48. They have 2 holdings in common, and by portfolio weight the two funds are 3.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2BOND holds 1518 · TIP holds 48
- Weight in Shared Holdings
- BOND 3%·TIP 8%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 BOND
1516 of 1518 positions (117.0% of the fund) are not held by TIP. Showing the top 30 by weight.
- Uniform Mortgage-Backed Security, TBA6.16%
- Uniform Mortgage-Backed Securities4.28%
- U.S. Treasury Bonds3.66%
- PIMCO MORTGAGE BACKED SECURITI PIMCO MBS ACTIVE ETF3.49%
- Uniform Mortgage-Backed Security, TBA2.45%
- U.S. Treasury Bonds2.27%
Only in TIP
46 of 48 positions (91.9% of the fund) are not held by BOND. Showing the top 30 by weight.
- U.S. Treasury Inflation Linked Notes4.08%
- U.S. Treasury Inflation Linked Notes3.78%
- U.S. Treasury Inflation Linked Notes3.42%
- U.S. Treasury Inflation Linked Notes3.39%
- U.S. Treasury Inflation Linked Notes3.37%
- U.S. Treasury Inflation Linked Notes3.35%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| BOND | -0.3% | +0.5% | +3.6% | +5.2% | +0.2% | +2.1% | 5.23% |
| TIP | -0.3% | +0.8% | +1.8% | +3.7% | +0.3% | +2.4% | 4.97% |
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 BOND vs TIP →
Shared Holdings(2)
| U.S. Treasury Inflation-Indexed Notes | 2.06% | 3.61% | 2.06% |
|---|---|---|---|
| U.S. Treasury Inflation-Indexed Notes | 1.10% | 4.02% | 1.10% |
Frequently Asked Questions
How much do BOND and TIP overlap?
BOND and TIP overlap by 3.2% of portfolio weight. They share 2 holdings (BOND holds 1518 positions and TIP holds 48), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BOND and TIP?
The two portfolios are 3.2% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of BOND and TIP?
The largest positions held by both funds are U.S. Treasury Inflation-Indexed Notes and U.S. Treasury Inflation-Indexed Notes. Together the top 2 shared positions account for 100% of the total overlap.
What does BOND own that TIP doesn't?
1516 positions (117.0% of BOND) are unique to BOND, led by Uniform Mortgage-Backed Security, TBA, Uniform Mortgage-Backed Securities and U.S. Treasury Bonds. In the other direction, 46 positions (91.9% of TIP) are unique to TIP.