BOND vs TLH: Holdings Overlap
BONDPIMCO Active Bond Exchange-Traded Fund
PIMCO · 1518 holdings · $8.5B · as of 2026-03-31
TLHiShares 10-20 Year Treasury Bond ETF
iShares · 66 holdings · $10.9B · as of 2026-05-31
Holdings snapshots are 61 days apart (BOND: 2026-03-31, TLH: 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 BOND and TLH?
PIMCO Active Bond Exchange-Traded Fund (BOND, by PIMCO) holds 1518 positions; iShares 10-20 Year Treasury Bond ETF (TLH, by iShares) holds 66. They have 6 holdings in common, and by portfolio weight the two funds are 8.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 8.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 6BOND holds 1518 · TLH holds 66
- Weight in Shared Holdings
- BOND 10%·TLH 13%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
1512 of 1518 positions (110.5% of the fund) are not held by TLH. Showing the top 30 by weight.
- Uniform Mortgage-Backed Security, TBA6.16%
- Uniform Mortgage-Backed Securities4.28%
- PIMCO MORTGAGE BACKED SECURITI PIMCO MBS ACTIVE ETF3.49%
- Uniform Mortgage-Backed Security, TBA2.45%
- FED HM LN PC POOL SD7578 FR 04/55 FIXED 62.11%
- U.S. Treasury Inflation-Indexed Notes2.06%
Only in TLH
60 of 66 positions (85.2% of the fund) are not held by BOND. Showing the top 30 by weight.
- U.S. Treasury Bonds5.54%
- U.S. Treasury Bonds3.97%
- U.S. Treasury Bonds3.95%
- U.S. Treasury Bonds3.71%
- U.S. Treasury Bonds3.51%
- U.S. Treasury Bonds3.44%
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% |
| TLH | -1.2% | -2.0% | +0.1% | +1.6% | -5.0% | -1.2% | 4.59% |
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 TLH →
Shared Holdings(6)
The top 6 shared positions account for 100% of the overlap, led by U.S. Treasury Bonds, U.S. Treasury Bonds and U.S. Treasury Bonds.
| U.S. Treasury Bonds | 3.66% | 3.18% | 3.18% |
|---|---|---|---|
| U.S. Treasury Bonds | 2.27% | 3.33% | 2.27% |
| U.S. Treasury Bonds | 1.41% | 2.90% | 1.41% |
| U.S. Treasury Bonds | 2.09% | 1.29% | 1.29% |
| U.S. Treasury Notes | 0.29% | 0.10% | 0.10% |
| U.S. Treasury Bonds | 0.00% | 2.35% | 0.00% |
Frequently Asked Questions
How much do BOND and TLH overlap?
BOND and TLH overlap by 8.3% of portfolio weight. They share 6 holdings (BOND holds 1518 positions and TLH holds 66), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BOND and TLH?
The two portfolios are 8.3% 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 BOND and TLH?
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 Notes. Together the top 6 shared positions account for 100% of the total overlap.
What does BOND own that TLH doesn't?
1512 positions (110.5% of BOND) are unique to BOND, led by Uniform Mortgage-Backed Security, TBA, Uniform Mortgage-Backed Securities and PIMCO MORTGAGE BACKED SECURITI PIMCO MBS ACTIVE ETF. In the other direction, 60 positions (85.2% of TLH) are unique to TLH.