BOND vs VCSH: Holdings Overlap
BONDPIMCO Active Bond Exchange-Traded Fund
PIMCO · 1518 holdings · $8.5B · as of 2026-03-31
VCSHVanguard Short-term Corporate Bond Index Fund
Vanguard · 3000 holdings · $45.0B · as of 2026-05-31
Holdings snapshots are 61 days apart (BOND: 2026-03-31, VCSH: 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 VCSH?
PIMCO Active Bond Exchange-Traded Fund (BOND, by PIMCO) holds 1518 positions; Vanguard Short-term Corporate Bond Index Fund (VCSH, by Vanguard) holds 3000. They have 105 holdings in common, and by portfolio weight the two funds are 3.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 105BOND holds 1518 · VCSH holds 3000
- Weight in Shared Holdings
- BOND 5%·VCSH 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
1413 of 1518 positions (114.9% of the fund) are not held by VCSH. 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 VCSH
2895 of 3000 positions (93.7% of the fund) are not held by BOND. Showing the top 30 by weight.
- US TREASURY N/B0.83%
- Bank of America Corp.0.23%
- AbbVie, Inc.0.21%
- CVS Health Corp.0.20%
- T-Mobile USA, Inc.0.19%
- Boeing Co. (The)0.19%
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% |
| VCSH | +0.3% | +1.2% | +3.4% | +5.5% | +2.4% | +2.7% | 4.46% |
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 VCSH →
Shared Holdings(105)
The top 10 shared positions account for 26% of the overlap, led by Goldman Sachs Group, Inc. (The), Bank of America Corp. and Barclays PLC.
| Goldman Sachs Group, Inc. (The) | 0.13% | 0.11% | 0.11% |
|---|---|---|---|
| Bank of America Corp. | 0.11% | 0.16% | 0.11% |
| Barclays PLC | 0.10% | 0.10% | 0.10% |
| Salesforce, Inc. | 0.08% | 0.10% | 0.08% |
| Banco Bilbao Vizcaya Argentaria SA | 0.08% | 0.07% | 0.07% |
| Broadcom, Inc. | 0.12% | 0.07% | 0.07% |
| Santander UK Group Holdings PLC | 0.11% | 0.07% | 0.07% |
| Barclays PLC | 0.09% | 0.06% | 0.06% |
| Ford Motor Credit Co. LLC | 0.10% | 0.06% | 0.06% |
| Sumisho Air Lease Corp. | 0.06% | 0.06% | 0.06% |
| Dell International LLC / EMC Corp | 0.06% | 0.09% | 0.06% |
| Energy Transfer LP | 0.15% | 0.06% | 0.06% |
| Eversource Energy | 0.06% | 0.05% | 0.05% |
| Sumitomo Mitsui Financial Group, Inc. | 0.05% | 0.10% | 0.05% |
| Bank of America Corp. | 0.05% | 0.13% | 0.05% |
| Citigroup, Inc. | 0.06% | 0.05% | 0.05% |
| Golub Capital Private Credit Fund | 0.05% | 0.05% | 0.05% |
| Golub Capital BDC, Inc. | 0.08% | 0.05% | 0.05% |
| Lloyds Banking Group PLC | 0.07% | 0.05% | 0.05% |
| Pacific Gas and Electric Co | 0.05% | 0.08% | 0.05% |
| Morgan Stanley | 0.04% | 0.07% | 0.04% |
| Pacific Gas and Electric Co | 0.04% | 0.05% | 0.04% |
| Delta Air Lines, Inc. | 0.04% | 0.04% | 0.04% |
| Westinghouse Air Brake Technologies Corp. | 0.04% | 0.04% | 0.04% |
| Morgan Stanley | 0.04% | 0.11% | 0.04% |
Frequently Asked Questions
How much do BOND and VCSH overlap?
BOND and VCSH overlap by 3.1% of portfolio weight. They share 105 holdings (BOND holds 1518 positions and VCSH holds 3000), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BOND and VCSH?
The two portfolios are 3.1% 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 VCSH?
The largest positions held by both funds are Goldman Sachs Group, Inc. (The), Bank of America Corp., Barclays PLC, Salesforce, Inc. and Banco Bilbao Vizcaya Argentaria SA. Together the top 10 shared positions account for 26% of the total overlap.
What does BOND own that VCSH doesn't?
1413 positions (114.9% 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, 2895 positions (93.7% of VCSH) are unique to VCSH.