FBND vs BKAG: Holdings Overlap
Fidelity · 4503 holdings · $27.3B · as of 2026-05-31
BNY Mellon · 5070 holdings · $2.2B · as of 2026-04-30
Holdings snapshots are 31 days apart (FBND: 2026-05-31, BKAG: 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 FBND and BKAG?
Fidelity Total Bond ETF (FBND, by Fidelity) holds 4503 positions; BNY Mellon Core Bond ETF (BKAG, by BNY Mellon) holds 5070. They have 338 holdings in common, and by portfolio weight the two funds are 14.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 14.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 338FBND holds 4503 · BKAG holds 5070
- Weight in Shared Holdings
- FBND 50%·BKAG 20%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
4165 of 4503 positions (55.2% of the fund) are not held by BKAG. Showing the top 30 by weight.
- Uniform Mortgage-Backed Security, TBA1.19%
- U.S. Treasury Notes1.02%
- UMBS 30YR 2% 07/01/2056 #TBA0.83%
- GNII II 5.5% 07/01/2056 #TBA0.76%
- Ginnie Mae0.45%
- Bank of America Corp.0.41%
Only in BKAG
4732 of 5070 positions (78.7% of the fund) are not held by FBND. Showing the top 30 by weight.
- U.S. Treasury Notes0.46%
- U.S. Treasury Notes0.41%
- U.S. Treasury Notes0.40%
- U.S. Treasury Notes0.36%
- U.S. Treasury Notes0.35%
- U.S. Treasury Notes0.35%
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% |
| BKAG | -0.6% | -0.3% | +2.1% | +4.1% | -0.3% | — | 3.94% |
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 BKAG →
Shared Holdings(338)
The top 10 shared positions account for 30% of the overlap, led by U.S. Treasury Notes/Bonds, U.S. Treasury Notes and U.S. Treasury Notes.
| U.S. Treasury Notes/Bonds | 2.21% | 0.60% | 0.60% |
|---|---|---|---|
| U.S. Treasury Notes | 1.02% | 0.56% | 0.56% |
| U.S. Treasury Notes | 0.87% | 0.47% | 0.47% |
| U.S. Treasury Notes | 0.47% | 0.44% | 0.44% |
| U.S. Treasury Notes | 0.48% | 0.43% | 0.43% |
| U.S. Treasury Notes | 1.81% | 0.40% | 0.40% |
| U.S. Treasury Notes | 0.93% | 0.34% | 0.34% |
| U.S. Treasury Bonds | 0.39% | 0.33% | 0.33% |
| U.S. Treasury Notes | 0.32% | 0.39% | 0.32% |
| U.S. Treasury Notes | 0.35% | 0.31% | 0.31% |
| U.S. Treasury Notes | 2.17% | 0.27% | 0.27% |
| U.S. Treasury Bonds | 0.96% | 0.26% | 0.26% |
| U.S. Treasury Notes | 0.59% | 0.26% | 0.26% |
| U.S. Treasury Notes | 0.25% | 0.33% | 0.25% |
| U.S. Treasury Bonds | 1.04% | 0.24% | 0.24% |
| U.S. Treasury Bonds | 1.26% | 0.24% | 0.24% |
| U.S. Treasury Notes/Bonds | 0.83% | 0.23% | 0.23% |
| U.S. Treasury Notes | 0.54% | 0.23% | 0.23% |
| U.S. Treasury Bonds | 1.12% | 0.22% | 0.22% |
| U.S. Treasury Bonds | 0.82% | 0.22% | 0.22% |
| U.S. Treasury Bonds | 0.60% | 0.21% | 0.21% |
| U.S. Treasury Bonds | 0.47% | 0.21% | 0.21% |
| U.S. Treasury Notes | 0.20% | 0.25% | 0.20% |
| U.S. Treasury Bonds | 0.75% | 0.20% | 0.20% |
| U.S. Treasury Notes/Bonds | 0.19% | 0.20% | 0.19% |
Showing the top 250 of 338 shared holdings by overlap weight.
Frequently Asked Questions
How much do FBND and BKAG overlap?
FBND and BKAG overlap by 14.1% of portfolio weight. They share 338 holdings (FBND holds 4503 positions and BKAG holds 5070), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FBND and BKAG?
The two portfolios are 14.1% 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 BKAG?
The largest positions held by both funds are U.S. Treasury Notes/Bonds, 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 30% of the total overlap.
What does FBND own that BKAG doesn't?
4165 positions (55.2% of FBND) are unique to FBND, led by Uniform Mortgage-Backed Security, TBA, U.S. Treasury Notes and UMBS 30YR 2% 07/01/2056 #TBA. In the other direction, 4732 positions (78.7% of BKAG) are unique to BKAG.