FBND vs BIV: Holdings Overlap
Fidelity · 4503 holdings · $27.3B · as of 2026-05-31
BIVVanguard Intermediate-term Bond Index Fund
Vanguard · 2340 holdings · $28.9B · as of 2026-03-31
Holdings snapshots are 61 days apart (FBND: 2026-05-31, BIV: 2026-03-31). 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 FBND and BIV?
Fidelity Total Bond ETF (FBND, by Fidelity) holds 4503 positions; Vanguard Intermediate-term Bond Index Fund (BIV, by Vanguard) holds 2340. They have 181 holdings in common, and by portfolio weight the two funds are 21.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 21.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 181FBND holds 4503 · BIV holds 2340
- Weight in Shared Holdings
- FBND 30%·BIV 48%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 FBND
4322 of 4503 positions (75.3% of the fund) are not held by BIV. Showing the top 30 by weight.
- U.S. Treasury Bonds1.53%
- U.S. Treasury Bonds1.26%
- Uniform Mortgage-Backed Security, TBA1.19%
- Ginnie Mae1.14%
- U.S. Treasury Bonds1.12%
- U.S. Treasury Bonds1.04%
Only in BIV
2159 of 2340 positions (50.6% of the fund) are not held by FBND. Showing the top 30 by weight.
- U.S. Treasury Notes2.20%
- U.S. Treasury Notes1.77%
- U.S. Treasury Notes1.75%
- U.S. Treasury Notes1.61%
- U.S. Treasury Notes1.55%
- U.S. Treasury Notes0.85%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FBND | -0.2% | +0.3% | +2.8% | +4.9% | +0.5% | +2.3% | 4.74% |
| BIV | -0.2% | -0.3% | +2.0% | +4.6% | -0.1% | +1.7% | 4.31% |
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 FBND vs BIV →
Shared Holdings(181)
The top 10 shared positions account for 51% of the overlap, led by U.S. Treasury Notes, U.S. Treasury Notes and U.S. Treasury Notes.
| U.S. Treasury Notes | 2.17% | 1.99% | 1.99% |
|---|---|---|---|
| U.S. Treasury Notes | 1.81% | 2.06% | 1.81% |
| U.S. Treasury Notes | 2.34% | 1.15% | 1.15% |
| U.S. Treasury Notes | 1.03% | 1.20% | 1.03% |
| U.S. Treasury Notes | 1.02% | 2.03% | 1.02% |
| U.S. Treasury Notes | 0.93% | 1.95% | 0.93% |
| U.S. Treasury Notes | 2.21% | 0.92% | 0.92% |
| U.S. Treasury Notes | 0.87% | 2.06% | 0.87% |
| U.S. Treasury Notes | 1.49% | 0.69% | 0.69% |
| U.S. Treasury Notes | 0.59% | 1.72% | 0.59% |
| U.S. Treasury Notes | 1.18% | 0.57% | 0.57% |
| U.S. Treasury Notes | 0.69% | 0.56% | 0.56% |
| U.S. Treasury Notes | 0.54% | 1.67% | 0.54% |
| U.S. Treasury Notes | 0.53% | 1.40% | 0.53% |
| U.S. Treasury Notes | 0.53% | 0.88% | 0.53% |
| U.S. Treasury Notes | 0.50% | 0.68% | 0.50% |
| U.S. Treasury Notes | 0.48% | 2.19% | 0.48% |
| U.S. Treasury Notes | 0.47% | 0.81% | 0.47% |
| U.S. Treasury Notes | 0.47% | 2.18% | 0.47% |
| U.S. Treasury Notes | 0.42% | 1.25% | 0.42% |
| U.S. Treasury Notes | 0.41% | 0.72% | 0.41% |
| U.S. Treasury Notes | 0.35% | 1.88% | 0.35% |
| U.S. Treasury Notes | 0.34% | 0.76% | 0.34% |
| U.S. Treasury Notes | 0.32% | 1.68% | 0.32% |
| U.S. Treasury Notes | 0.30% | 0.86% | 0.30% |
Frequently Asked Questions
How much do FBND and BIV overlap?
FBND and BIV overlap by 21.4% of portfolio weight. They share 181 holdings (FBND holds 4503 positions and BIV holds 2340), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FBND and BIV?
The two portfolios are 21.4% 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 FBND and BIV?
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 51% of the total overlap.
What does FBND own that BIV doesn't?
4322 positions (75.3% of FBND) are unique to FBND, led by U.S. Treasury Bonds, U.S. Treasury Bonds and Uniform Mortgage-Backed Security, TBA. In the other direction, 2159 positions (50.6% of BIV) are unique to BIV.