BSV vs VGSH: Holdings Overlap
BSVVanguard Short-term Bond Index Fund
Vanguard · 3156 holdings · $45.6B · as of 2026-03-31
VGSHVanguard Short-term Treasury Index Fund
Vanguard · 91 holdings · $30.2B · as of 2026-05-31
Holdings snapshots are 61 days apart (BSV: 2026-03-31, VGSH: 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 BSV and VGSH?
Vanguard Short-term Bond Index Fund (BSV, by Vanguard) holds 3156 positions; Vanguard Short-term Treasury Index Fund (VGSH, by Vanguard) holds 91. They have 89 holdings in common, and by portfolio weight the two funds are 41.3% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 41.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 89BSV holds 3156 · VGSH holds 91
- Weight in Shared Holdings
- BSV 41%·VGSH 97%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
3067 of 3156 positions (57.0% of the fund) are not held by VGSH. Showing the top 30 by weight.
- U.S. Treasury Notes0.92%
- U.S. Treasury Notes0.82%
- U.S. Treasury Notes0.80%
- U.S. Treasury Notes0.79%
- U.S. Treasury Notes0.78%
- U.S. Treasury Notes0.78%
Only in VGSH
2 of 91 positions (2.1% of the fund) are not held by BSV.
- U.S. Treasury Notes1.10%
- U.S. Treasury Notes0.99%
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% |
| VGSH | +0.4% | +1.0% | +2.9% | +4.3% | +1.9% | +1.8% | 3.82% |
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 BSV vs VGSH →
Shared Holdings(89)
The top 10 shared positions account for 19% of the overlap, led by U.S. Treasury Notes, U.S. Treasury Notes and U.S. Treasury Notes.
| U.S. Treasury Notes | 1.16% | 2.24% | 1.16% |
|---|---|---|---|
| U.S. Treasury Notes | 0.91% | 1.10% | 0.91% |
| U.S. Treasury Notes | 0.80% | 1.23% | 0.80% |
| U.S. Treasury Notes | 0.78% | 1.10% | 0.78% |
| U.S. Treasury Notes | 0.76% | 0.83% | 0.76% |
| U.S. Treasury Notes | 0.76% | 1.35% | 0.76% |
| U.S. Treasury Notes | 0.75% | 1.04% | 0.75% |
| U.S. Treasury Notes | 0.73% | 1.22% | 0.73% |
| U.S. Treasury Notes | 0.73% | 1.29% | 0.73% |
| U.S. Treasury Notes | 0.63% | 1.12% | 0.63% |
| U.S. Treasury Notes | 0.63% | 1.40% | 0.63% |
| U.S. Treasury Notes | 0.62% | 1.26% | 0.62% |
| U.S. Treasury Notes | 0.59% | 1.24% | 0.59% |
| U.S. Treasury Notes | 0.57% | 1.29% | 0.57% |
| U.S. Treasury Notes | 0.56% | 1.11% | 0.56% |
| U.S. Treasury Notes | 0.56% | 1.14% | 0.56% |
| U.S. Treasury Notes | 0.54% | 1.31% | 0.54% |
| U.S. Treasury Notes | 0.54% | 1.19% | 0.54% |
| U.S. Treasury Notes | 0.53% | 1.25% | 0.53% |
| U.S. Treasury Notes | 0.53% | 1.25% | 0.53% |
| U.S. Treasury Notes | 0.53% | 1.26% | 0.53% |
| U.S. Treasury Notes | 0.52% | 1.19% | 0.52% |
| U.S. Treasury Notes | 0.52% | 1.14% | 0.52% |
| U.S. Treasury Notes | 0.51% | 1.19% | 0.51% |
| U.S. Treasury Notes | 0.51% | 1.01% | 0.51% |
Frequently Asked Questions
How much do BSV and VGSH overlap?
BSV and VGSH overlap by 41.3% of portfolio weight. They share 89 holdings (BSV holds 3156 positions and VGSH holds 91), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BSV and VGSH?
The two portfolios are 41.3% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of BSV and VGSH?
The largest positions held by both funds are U.S. Treasury Notes, U.S. Treasury Notes, U.S. Treasury Notes, U.S. Treasury Notes and U.S. Treasury Notes. Together the top 10 shared positions account for 19% of the total overlap.
What does BSV own that VGSH doesn't?
3067 positions (57.0% 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, 2 positions (2.1% of VGSH) are unique to VGSH.