BSV vs ICSH: Holdings Overlap
BSVVanguard Short-term Bond Index Fund
Vanguard · 3156 holdings · $45.6B · as of 2026-03-31
ICSHiShares Ultra Short Duration Bond Active ETF
iShares · 236 holdings · $8.4B · as of 2026-04-30
Holdings snapshots are 30 days apart (BSV: 2026-03-31, ICSH: 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 BSV and ICSH?
Vanguard Short-term Bond Index Fund (BSV, by Vanguard) holds 3156 positions; iShares Ultra Short Duration Bond Active ETF (ICSH, by iShares) holds 236. They have 38 holdings in common, and by portfolio weight the two funds are 1.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 38BSV holds 3156 · ICSH holds 236
- Weight in Shared Holdings
- BSV 2%·ICSH 10%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 BSV
3118 of 3156 positions (96.8% of the fund) are not held by ICSH. Showing the top 30 by weight.
- U.S. Treasury Notes1.16%
- U.S. Treasury Notes0.92%
- U.S. Treasury Notes0.91%
- U.S. Treasury Notes0.82%
- U.S. Treasury Notes0.80%
- U.S. Treasury Notes0.80%
Only in ICSH
198 of 236 positions (42.0% of the fund) are not held by BSV. Showing the top 30 by weight.
- Northwestern Mutual Global Funding0.79%
- Pacific Life Global Funding II0.75%
- New York Life Global Funding0.73%
- Athene Global Funding0.71%
- MassMutual Global Funding II0.68%
- UBS AG/Stamford CT0.67%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| BSV | +0.3% | +0.7% | +2.7% | +4.5% | +1.7% | +1.9% | 4.03% |
| ICSH | +0.4% | +2.1% | +4.0% | +5.1% | +3.8% | +2.8% | 4.20% |
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 BSV vs ICSH →
Shared Holdings(38)
The top 10 shared positions account for 83% of the overlap, led by U.S. Treasury Notes, U.S. Treasury Notes and Bank of America Corp..
| U.S. Treasury Notes | 0.59% | 0.48% | 0.48% |
|---|---|---|---|
| U.S. Treasury Notes | 0.56% | 0.34% | 0.34% |
| Bank of America Corp. | 0.03% | 0.11% | 0.03% |
| Amazon.com, Inc. | 0.02% | 0.16% | 0.02% |
| WEC Energy Group, Inc. | 0.02% | 0.29% | 0.02% |
| Goldman Sachs Group, Inc. (The) | 0.02% | 0.23% | 0.02% |
| Morgan Stanley Private Bank NA | 0.02% | 0.13% | 0.02% |
| Morgan Stanley Private Bank NA | 0.01% | 0.73% | 0.01% |
| Amazon.com, Inc. | 0.01% | 0.49% | 0.01% |
| Lowe's Cos., Inc. | 0.01% | 0.44% | 0.01% |
| Truist Bank, Series I | 0.01% | 0.17% | 0.01% |
| Truist Bank | 0.01% | 0.50% | 0.01% |
| Morgan Stanley Bank NA | 0.01% | 0.20% | 0.01% |
| Eaton Corp. | 0.01% | 0.21% | 0.01% |
| Cooperatieve Rabobank UA/NY | 0.01% | 0.37% | 0.01% |
| Commonwealth Bank of Australia/New York NY | 0.01% | 0.15% | 0.01% |
| Accenture Capital, Inc. | 0.01% | 0.13% | 0.01% |
| Pfizer, Inc. | 0.01% | 0.08% | 0.01% |
| Amphenol Corp. | 0.01% | 0.37% | 0.01% |
| Toyota Motor Credit Corp., Series B | 0.01% | 0.27% | 0.01% |
| Commonwealth Bank of Australia/New York NY | 0.01% | 0.19% | 0.01% |
| NextEra Energy Capital Holdings, Inc. | 0.01% | 0.14% | 0.01% |
| NextEra Energy Capital Holdings, Inc. | 0.01% | 0.14% | 0.01% |
| Amphenol Corp. | 0.01% | 0.08% | 0.01% |
| Toyota Motor Credit Corp. | 0.01% | 0.19% | 0.01% |
Frequently Asked Questions
How much do BSV and ICSH overlap?
BSV and ICSH overlap by 1.2% of portfolio weight. They share 38 holdings (BSV holds 3156 positions and ICSH holds 236), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BSV and ICSH?
The two portfolios are 1.2% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of BSV and ICSH?
The largest positions held by both funds are U.S. Treasury Notes, U.S. Treasury Notes, Bank of America Corp., Amazon.com, Inc. and WEC Energy Group, Inc.. Together the top 10 shared positions account for 83% of the total overlap.
What does BSV own that ICSH doesn't?
3118 positions (96.8% of BSV) are unique to BSV, led by U.S. Treasury Notes, U.S. Treasury Notes and U.S. Treasury Notes. In the other direction, 198 positions (42.0% of ICSH) are unique to ICSH.