FLCB vs SCHZ: Holdings Overlap
FLCBFranklin U.S. Core Bond ETF
Franklin Templeton · 523 holdings · $3.0B · as of 2026-03-31
SCHZSchwab U.S. Aggregate Bond ETF
Schwab · 12081 holdings · $10.5B · as of 2026-03-31
How similar are FLCB and SCHZ?
Franklin U.S. Core Bond ETF (FLCB, by Franklin Templeton) holds 523 positions; Schwab U.S. Aggregate Bond ETF (SCHZ, by Schwab) holds 12081. They have 290 holdings in common, and by portfolio weight the two funds are 7.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 290FLCB holds 523 · SCHZ holds 12081
- Weight in Shared Holdings
- FLCB 64%·SCHZ 8%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 FLCB
233 of 523 positions (35.5% of the fund) are not held by SCHZ. Showing the top 30 by weight.
- T 1.25 12/31/266.01%
- U.S. Treasury Notes1.49%
- FN MA51900.70%
- Uniform Mortgage-Backed Securities0.69%
- FN CC08940.66%
- FR SD47170.62%
Only in SCHZ
11791 of 12081 positions (90.7% of the fund) are not held by FLCB. Showing the top 30 by weight.
- U.S. Treasury Notes0.44%
- U.S. Treasury Notes0.39%
- U.S. Treasury Notes0.38%
- U.S. Treasury Notes0.38%
- U.S. Treasury Notes0.38%
- U.S. Treasury Notes0.38%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FLCB | -0.2% | +0.1% | +2.6% | +4.3% | -0.3% | — | 4.38% |
| SCHZ | -0.2% | +0.1% | +2.5% | +4.2% | -0.2% | +1.4% | 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 FLCB vs SCHZ →
Shared Holdings(290)
The top 10 shared positions account for 30% of the overlap, led by U.S. Treasury Notes, Uniform Mortgage-Backed Security, TBA and U.S. Treasury Notes.
| U.S. Treasury Notes | 0.79% | 0.38% | 0.38% |
|---|---|---|---|
| Uniform Mortgage-Backed Security, TBA | 2.38% | 0.34% | 0.34% |
| U.S. Treasury Notes | 0.47% | 0.27% | 0.27% |
| U.S. Treasury Bonds | 1.05% | 0.23% | 0.23% |
| U.S. Treasury Bonds | 0.38% | 0.20% | 0.20% |
| U.S. Treasury Bonds | 0.48% | 0.18% | 0.18% |
| U.S. Treasury Notes | 0.99% | 0.17% | 0.17% |
| U.S. Treasury Notes | 2.18% | 0.17% | 0.17% |
| U.S. Treasury Notes | 0.88% | 0.16% | 0.16% |
| U.S. Treasury Bonds | 0.50% | 0.15% | 0.15% |
| U.S. Treasury Bonds | 0.28% | 0.15% | 0.15% |
| U.S. Treasury Notes | 4.27% | 0.14% | 0.14% |
| U.S. Treasury Notes | 2.07% | 0.14% | 0.14% |
| U.S. Treasury Bonds | 0.98% | 0.14% | 0.14% |
| U.S. Treasury Notes | 0.23% | 0.14% | 0.14% |
| U.S. Treasury Bonds | 0.42% | 0.13% | 0.13% |
| U.S. Treasury Notes | 1.25% | 0.13% | 0.13% |
| U.S. Treasury Bonds | 0.23% | 0.12% | 0.12% |
| U.S. Treasury Bonds | 1.07% | 0.11% | 0.11% |
| U.S. Treasury Notes | 0.94% | 0.11% | 0.11% |
| Uniform Mortgage-Backed Securities | 0.27% | 0.11% | 0.11% |
| U.S. Treasury Notes | 0.34% | 0.11% | 0.11% |
| U.S. Treasury Notes | 0.84% | 0.11% | 0.11% |
| U.S. Treasury Notes | 1.29% | 0.11% | 0.11% |
| U.S. Treasury Bonds | 1.39% | 0.10% | 0.10% |
Showing the top 250 of 290 shared holdings by overlap weight.
Frequently Asked Questions
How much do FLCB and SCHZ overlap?
FLCB and SCHZ overlap by 7.5% of portfolio weight. They share 290 holdings (FLCB holds 523 positions and SCHZ holds 12081), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FLCB and SCHZ?
The two portfolios are 7.5% 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 FLCB and SCHZ?
The largest positions held by both funds are U.S. Treasury Notes, Uniform Mortgage-Backed Security, TBA, U.S. Treasury Notes, U.S. Treasury Bonds and U.S. Treasury Bonds. Together the top 10 shared positions account for 30% of the total overlap.
What does FLCB own that SCHZ doesn't?
233 positions (35.5% of FLCB) are unique to FLCB, led by T 1.25 12/31/26, U.S. Treasury Notes and FN MA5190. In the other direction, 11791 positions (90.7% of SCHZ) are unique to SCHZ.