TLH vs BND: Holdings Overlap
TLHiShares 10-20 Year Treasury Bond ETF
iShares · 66 holdings · $10.9B · as of 2026-05-31
BNDVanguard Total Bond Market Index Fund
Vanguard · 17360 holdings · $161.4B · as of 2026-03-31
Holdings snapshots are 61 days apart (TLH: 2026-05-31, BND: 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 TLH and BND?
iShares 10-20 Year Treasury Bond ETF (TLH, by iShares) holds 66 positions; Vanguard Total Bond Market Index Fund (BND, by Vanguard) holds 17360. They have 65 holdings in common, and by portfolio weight the two funds are 4.7% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 65TLH holds 66 · BND holds 17360
- Weight in Shared Holdings
- TLH 98%·BND 7%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 TLH
1 of 66 positions (0.0% of the fund) are not held by BND.
- U.S. Treasury Bonds0.02%
Only in BND
17295 of 17360 positions (91.9% of the fund) are not held by TLH. Showing the top 30 by weight.
- U.S. Treasury Notes0.48%
- U.S. Treasury Notes0.42%
- U.S. Treasury Notes0.42%
- U.S. Treasury Notes0.41%
- U.S. Treasury Notes0.41%
- U.S. Treasury Notes0.40%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| TLH | -1.2% | -2.0% | +0.1% | +1.6% | -5.0% | -1.2% | 4.59% |
| BND | -0.3% | +0.0% | +2.4% | +4.2% | -0.2% | +1.5% | 4.03% |
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 TLH vs BND →
Shared Holdings(65)
The top 10 shared positions account for 30% of the overlap, led by U.S. Treasury Bonds, U.S. Treasury Bonds and U.S. Treasury Bonds.
| U.S. Treasury Bonds | 1.62% | 0.16% | 0.16% |
|---|---|---|---|
| U.S. Treasury Bonds | 3.07% | 0.15% | 0.15% |
| U.S. Treasury Bonds | 3.44% | 0.15% | 0.15% |
| U.S. Treasury Bonds | 3.42% | 0.15% | 0.15% |
| U.S. Treasury Bonds | 3.71% | 0.14% | 0.14% |
| U.S. Treasury Bonds | 2.51% | 0.13% | 0.13% |
| U.S. Treasury Bonds | 2.35% | 0.13% | 0.13% |
| U.S. Treasury Bonds | 3.32% | 0.13% | 0.13% |
| U.S. Treasury Bonds | 3.97% | 0.13% | 0.13% |
| U.S. Treasury Bonds | 2.30% | 0.13% | 0.13% |
| U.S. Treasury Bonds | 2.90% | 0.13% | 0.13% |
| U.S. Treasury Bonds | 5.54% | 0.13% | 0.13% |
| U.S. Treasury Bonds | 3.18% | 0.13% | 0.13% |
| U.S. Treasury Bonds | 3.95% | 0.12% | 0.12% |
| U.S. Treasury Bonds | 2.60% | 0.12% | 0.12% |
| U.S. Treasury Bonds | 1.83% | 0.12% | 0.12% |
| U.S. Treasury Bonds | 3.31% | 0.11% | 0.11% |
| U.S. Treasury Bonds | 2.43% | 0.11% | 0.11% |
| U.S. Treasury Bonds | 1.06% | 0.11% | 0.11% |
| U.S. Treasury Bonds | 3.51% | 0.11% | 0.11% |
| U.S. Treasury Notes | 0.11% | 0.42% | 0.11% |
| U.S. Treasury Bonds | 3.33% | 0.10% | 0.10% |
| U.S. Treasury Notes | 0.10% | 0.18% | 0.10% |
| U.S. Treasury Bonds | 3.26% | 0.09% | 0.09% |
| U.S. Treasury Notes | 0.08% | 0.11% | 0.08% |
Frequently Asked Questions
How much do TLH and BND overlap?
TLH and BND overlap by 4.7% of portfolio weight. They share 65 holdings (TLH holds 66 positions and BND holds 17360), based on each fund's latest SEC-reported holdings.
Is it redundant to own both TLH and BND?
The two portfolios are 4.7% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of TLH and BND?
The largest positions held by both funds are U.S. Treasury Bonds, U.S. Treasury Bonds, U.S. Treasury Bonds, U.S. Treasury Bonds and U.S. Treasury Bonds. Together the top 10 shared positions account for 30% of the total overlap.
What does TLH own that BND doesn't?
1 positions (0.0% of TLH) are unique to TLH, led by U.S. Treasury Bonds. In the other direction, 17295 positions (91.9% of BND) are unique to BND.