BOND vs USIG: Holdings Overlap
BONDPIMCO Active Bond Exchange-Traded Fund
PIMCO · 1518 holdings · $8.5B · as of 2026-03-31
USIGiShares Broad USD Investment Grade Corporate Bond ETF
iShares · 11458 holdings · $17.3B · as of 2026-05-31
Holdings snapshots are 61 days apart (BOND: 2026-03-31, USIG: 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 USIG?
PIMCO Active Bond Exchange-Traded Fund (BOND, by PIMCO) holds 1518 positions; iShares Broad USD Investment Grade Corporate Bond ETF (USIG, by iShares) holds 11458. They have 335 holdings in common, and by portfolio weight the two funds are 4.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 335BOND holds 1518 · USIG holds 11458
- Weight in Shared Holdings
- BOND 19%·USIG 4%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
1183 of 1518 positions (100.9% of the fund) are not held by USIG. 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 USIG
11123 of 11458 positions (94.8% of the fund) are not held by BOND. Showing the top 30 by weight.
- Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc0.09%
- Bank of America Corp0.09%
- T-Mobile USA Inc0.07%
- Goldman Sachs Group Inc/The0.07%
- Meta Platforms Inc0.06%
- Goldman Sachs Group Inc/The0.06%
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% |
| USIG | -0.4% | +0.1% | +2.6% | +5.4% | +0.2% | +2.4% | 4.82% |
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 USIG →
Shared Holdings(335)
The top 10 shared positions account for 12% of the overlap, led by Eagle Funding Luxco Sarl, JPMorgan Chase & Co. and Bank of America Corp..
| Eagle Funding Luxco Sarl | 0.16% | 0.08% | 0.08% |
|---|---|---|---|
| JPMorgan Chase & Co. | 0.24% | 0.05% | 0.05% |
| Bank of America Corp. | 0.14% | 0.05% | 0.05% |
| Mars, Inc. | 0.05% | 0.05% | 0.05% |
| WELLS FARGO and CO NEW 4.897%/VAR 07/25/2033 | 0.29% | 0.04% | 0.04% |
| Bank of America Corp. | 0.27% | 0.04% | 0.04% |
| Wells Fargo & Co. | 0.25% | 0.04% | 0.04% |
| Bank of America Corp. | 0.11% | 0.04% | 0.04% |
| Goldman Sachs Group, Inc. (The) | 0.12% | 0.04% | 0.04% |
| JPMORGAN CHASE and CO 5.572%/VAR 04/22/2036 | 0.27% | 0.04% | 0.04% |
| Bank of America Corp. | 0.11% | 0.04% | 0.04% |
| Bayer US Finance II LLC | 0.20% | 0.04% | 0.04% |
| JPMorgan Chase & Co. | 0.03% | 0.04% | 0.03% |
| Goldman Sachs Group, Inc. (The) | 0.05% | 0.03% | 0.03% |
| Citigroup, Inc. | 0.10% | 0.03% | 0.03% |
| JPMorgan Chase & Co. | 0.15% | 0.03% | 0.03% |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 0.03% | 0.04% | 0.03% |
| Salesforce, Inc. | 0.08% | 0.03% | 0.03% |
| Bank of America Corp. | 0.05% | 0.03% | 0.03% |
| Goldman Sachs Group, Inc. (The) | 0.24% | 0.03% | 0.03% |
| Morgan Stanley | 0.24% | 0.03% | 0.03% |
| Morgan Stanley | 0.04% | 0.03% | 0.03% |
| Morgan Stanley | 0.04% | 0.03% | 0.03% |
| HSBC Holdings PLC | 0.15% | 0.03% | 0.03% |
| JPMorgan Chase & Co. | 0.16% | 0.03% | 0.03% |
Showing the top 250 of 335 shared holdings by overlap weight.
Frequently Asked Questions
How much do BOND and USIG overlap?
BOND and USIG overlap by 4.0% of portfolio weight. They share 335 holdings (BOND holds 1518 positions and USIG holds 11458), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BOND and USIG?
The two portfolios are 4.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of BOND and USIG?
The largest positions held by both funds are Eagle Funding Luxco Sarl, JPMorgan Chase & Co., Bank of America Corp., Mars, Inc. and WELLS FARGO and CO NEW 4.897%/VAR 07/25/2033. Together the top 10 shared positions account for 12% of the total overlap.
What does BOND own that USIG doesn't?
1183 positions (100.9% 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, 11123 positions (94.8% of USIG) are unique to USIG.