FLCB vs SHY: Holdings Overlap
FLCBFranklin U.S. Core Bond ETF
Franklin Templeton · 523 holdings · $3.0B · as of 2026-03-31
SHYiShares 1-3 Year Treasury Bond ETF
iShares · 89 holdings · $25.2B · as of 2026-05-31
Holdings snapshots are 61 days apart (FLCB: 2026-03-31, SHY: 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 FLCB and SHY?
Franklin U.S. Core Bond ETF (FLCB, by Franklin Templeton) holds 523 positions; iShares 1-3 Year Treasury Bond ETF (SHY, by iShares) holds 89. They have 8 holdings in common, and by portfolio weight the two funds are 7.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 8FLCB holds 523 · SHY holds 89
- Weight in Shared Holdings
- FLCB 13%·SHY 9%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
515 of 523 positions (86.9% of the fund) are not held by SHY. Showing the top 30 by weight.
- T 1.25 12/31/266.01%
- Uniform Mortgage-Backed Security, TBA2.38%
- U.S. Treasury Notes1.49%
- U.S. Treasury Bonds1.39%
- U.S. Treasury Notes1.29%
- U.S. Treasury Bonds1.07%
Only in SHY
81 of 89 positions (90.2% of the fund) are not held by FLCB. Showing the top 30 by weight.
- U.S. Treasury Notes1.96%
- U.S. Treasury Notes1.84%
- U.S. Treasury Notes1.71%
- U.S. Treasury Notes1.60%
- U.S. Treasury Notes1.60%
- U.S. Treasury Notes1.52%
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% |
| SHY | +0.4% | +1.0% | +2.8% | +4.2% | +1.8% | +1.7% | 3.63% |
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 SHY →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by U.S. Treasury Notes, U.S. Treasury Notes and U.S. Treasury Notes.
| U.S. Treasury Notes | 2.07% | 1.29% | 1.29% |
|---|---|---|---|
| U.S. Treasury Notes | 4.27% | 1.02% | 1.02% |
| U.S. Treasury Notes | 0.99% | 1.29% | 0.99% |
| U.S. Treasury Notes | 1.14% | 0.99% | 0.99% |
| U.S. Treasury Notes | 2.18% | 0.98% | 0.98% |
| U.S. Treasury Notes | 0.88% | 1.10% | 0.88% |
| U.S. Treasury Notes | 1.25% | 0.71% | 0.71% |
| U.S. Treasury Notes | 0.23% | 1.45% | 0.23% |
Frequently Asked Questions
How much do FLCB and SHY overlap?
FLCB and SHY overlap by 7.1% of portfolio weight. They share 8 holdings (FLCB holds 523 positions and SHY holds 89), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FLCB and SHY?
The two portfolios are 7.1% 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 FLCB and SHY?
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 8 shared positions account for 100% of the total overlap.
What does FLCB own that SHY doesn't?
515 positions (86.9% of FLCB) are unique to FLCB, led by T 1.25 12/31/26, Uniform Mortgage-Backed Security, TBA and U.S. Treasury Notes. In the other direction, 81 positions (90.2% of SHY) are unique to SHY.