SCHZ vs GVI: Holdings Overlap
SCHZSchwab U.S. Aggregate Bond ETF
Schwab · 12081 holdings · $10.5B · as of 2026-03-31
GVIiShares Intermediate Government/Credit Bond ETF
iShares · 6177 holdings · $3.8B · as of 2026-05-31
Holdings snapshots are 61 days apart (SCHZ: 2026-03-31, GVI: 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 SCHZ and GVI?
Schwab U.S. Aggregate Bond ETF (SCHZ, by Schwab) holds 12081 positions; iShares Intermediate Government/Credit Bond ETF (GVI, by iShares) holds 6177. They have 5500 holdings in common, and by portfolio weight the two funds are 50.8% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 50.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 5500SCHZ holds 12081 · GVI holds 6177
- Weight in Shared Holdings
- SCHZ 52%·GVI 94%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 SCHZ
6581 of 12081 positions (46.8% of the fund) are not held by GVI. Showing the top 30 by weight.
- Uniform Mortgage-Backed Security, TBA0.34%
- U.S. Treasury Notes0.28%
- Uniform Mortgage-Backed Security, TBA0.28%
- U.S. Treasury Bonds0.25%
- U.S. Treasury Notes0.25%
- U.S. Treasury Notes0.24%
Only in GVI
677 of 6177 positions (5.0% of the fund) are not held by SCHZ. Showing the top 30 by weight.
- U.S. Treasury Notes0.55%
- U.S. Treasury Notes0.29%
- U.S. Treasury Notes0.28%
- U.S. Treasury Notes0.25%
- U.S. Treasury Notes0.23%
- U.S. Treasury Notes0.22%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SCHZ | -0.2% | +0.1% | +2.5% | +4.2% | -0.2% | +1.4% | 4.20% |
| GVI | +0.2% | +0.3% | +2.4% | +4.4% | +0.9% | +1.7% | 3.65% |
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 SCHZ vs GVI →
Shared Holdings(5500)
The top 10 shared positions account for 8% of the overlap, led by U.S. Treasury Notes, U.S. Treasury Notes and U.S. Treasury Notes.
| U.S. Treasury Notes | 0.44% | 0.74% | 0.44% |
|---|---|---|---|
| U.S. Treasury Notes | 0.39% | 0.69% | 0.39% |
| U.S. Treasury Notes | 0.38% | 0.77% | 0.38% |
| U.S. Treasury Notes | 0.38% | 0.79% | 0.38% |
| U.S. Treasury Notes | 0.38% | 0.76% | 0.38% |
| U.S. Treasury Notes | 0.38% | 0.76% | 0.38% |
| U.S. Treasury Notes | 0.38% | 0.76% | 0.38% |
| U.S. Treasury Notes | 0.37% | 0.73% | 0.37% |
| U.S. Treasury Notes | 0.36% | 0.56% | 0.36% |
| U.S. Treasury Notes | 0.36% | 0.51% | 0.36% |
| U.S. Treasury Notes | 0.34% | 0.60% | 0.34% |
| U.S. Treasury Notes | 0.32% | 0.58% | 0.32% |
| U.S. Treasury Notes | 0.31% | 0.31% | 0.31% |
| U.S. Treasury Notes | 0.31% | 0.63% | 0.31% |
| U.S. Treasury Notes | 0.31% | 0.57% | 0.31% |
| U.S. Treasury Notes | 0.31% | 0.59% | 0.31% |
| U.S. Treasury Notes | 0.30% | 0.56% | 0.30% |
| U.S. Treasury Notes | 0.30% | 0.52% | 0.30% |
| U.S. Treasury Notes | 0.30% | 0.54% | 0.30% |
| U.S. Treasury Notes | 0.29% | 0.52% | 0.29% |
| U.S. Treasury Notes | 0.28% | 0.59% | 0.28% |
| U.S. Treasury Notes | 0.28% | 0.61% | 0.28% |
| U.S. Treasury Notes | 0.30% | 0.28% | 0.28% |
| U.S. Treasury Notes | 0.27% | 0.41% | 0.27% |
| U.S. Treasury Notes | 0.27% | 0.51% | 0.27% |
Showing the top 250 of 5500 shared holdings by overlap weight.
Frequently Asked Questions
How much do SCHZ and GVI overlap?
SCHZ and GVI overlap by 50.8% of portfolio weight. They share 5500 holdings (SCHZ holds 12081 positions and GVI holds 6177), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHZ and GVI?
The two portfolios are 50.8% 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 SCHZ and GVI?
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 8% of the total overlap.
What does SCHZ own that GVI doesn't?
6581 positions (46.8% of SCHZ) are unique to SCHZ, led by Uniform Mortgage-Backed Security, TBA, U.S. Treasury Notes and Uniform Mortgage-Backed Security, TBA. In the other direction, 677 positions (5.0% of GVI) are unique to GVI.