TLH vs VGLT: Holdings Overlap
TLHiShares 10-20 Year Treasury Bond ETF
iShares · 66 holdings · $10.9B · as of 2026-05-31
VGLTVanguard Long-term Treasury Index Fund
Vanguard · 97 holdings · $10.4B · as of 2026-05-31
How similar are TLH and VGLT?
iShares 10-20 Year Treasury Bond ETF (TLH, by iShares) holds 66 positions; Vanguard Long-term Treasury Index Fund (VGLT, by Vanguard) holds 97. They have 57 holdings in common, and by portfolio weight the two funds are 41.9% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 41.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 57TLH holds 66 · VGLT holds 97
- Weight in Shared Holdings
- TLH 98%·VGLT 45%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
9 of 66 positions (0.4% of the fund) are not held by VGLT.
- U.S. Treasury Notes0.11%
- U.S. Treasury Notes0.10%
- U.S. Treasury Notes0.08%
- U.S. Treasury Notes0.04%
- U.S. Treasury Notes0.03%
- U.S. Treasury Bonds0.02%
Only in VGLT
40 of 97 positions (53.5% of the fund) are not held by TLH. Showing the top 30 by weight.
- U.S. Treasury Bonds2.22%
- U.S. Treasury Bonds2.21%
- U.S. Treasury Bonds2.21%
- U.S. Treasury Bonds2.17%
- U.S. Treasury Bonds2.17%
- U.S. Treasury Bonds2.17%
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% |
| VGLT | -1.5% | -2.3% | -0.6% | +0.5% | -6.7% | -1.7% | 4.76% |
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 VGLT →
Shared Holdings(57)
The top 10 shared positions account for 33% of the overlap, led by U.S. Treasury Bonds, U.S. Treasury Bonds and U.S. Treasury Bonds.
| U.S. Treasury Bonds | 3.44% | 1.54% | 1.54% |
|---|---|---|---|
| U.S. Treasury Bonds | 3.42% | 1.41% | 1.41% |
| U.S. Treasury Bonds | 1.62% | 1.40% | 1.40% |
| U.S. Treasury Bonds | 5.54% | 1.40% | 1.40% |
| U.S. Treasury Bonds | 3.07% | 1.40% | 1.40% |
| U.S. Treasury Bonds | 2.30% | 1.37% | 1.37% |
| U.S. Treasury Bonds | 2.35% | 1.37% | 1.37% |
| U.S. Treasury Bonds | 3.32% | 1.36% | 1.36% |
| U.S. Treasury Bonds | 3.97% | 1.35% | 1.35% |
| U.S. Treasury Bonds | 1.83% | 1.35% | 1.35% |
| U.S. Treasury Bonds | 2.63% | 1.34% | 1.34% |
| U.S. Treasury Bonds | 3.33% | 1.33% | 1.33% |
| U.S. Treasury Bonds | 3.71% | 1.33% | 1.33% |
| U.S. Treasury Bonds | 3.95% | 1.26% | 1.26% |
| U.S. Treasury Bonds | 3.31% | 1.18% | 1.18% |
| U.S. Treasury Bonds | 3.18% | 1.16% | 1.16% |
| U.S. Treasury Bonds | 2.90% | 1.16% | 1.16% |
| U.S. Treasury Bonds | 3.51% | 1.14% | 1.14% |
| U.S. Treasury Bonds | 2.51% | 1.14% | 1.14% |
| U.S. Treasury Bonds | 2.60% | 1.14% | 1.14% |
| U.S. Treasury Bonds | 3.26% | 1.08% | 1.08% |
| U.S. Treasury Bonds | 1.06% | 1.09% | 1.06% |
| U.S. Treasury Bonds | 2.43% | 1.02% | 1.02% |
| U.S. Treasury Bonds | 2.47% | 0.78% | 0.78% |
| U.S. Treasury Bonds | 1.29% | 0.76% | 0.76% |
Frequently Asked Questions
How much do TLH and VGLT overlap?
TLH and VGLT overlap by 41.9% of portfolio weight. They share 57 holdings (TLH holds 66 positions and VGLT holds 97), based on each fund's latest SEC-reported holdings.
Is it redundant to own both TLH and VGLT?
The two portfolios are 41.9% 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 TLH and VGLT?
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 33% of the total overlap.
What does TLH own that VGLT doesn't?
9 positions (0.4% of TLH) are unique to TLH, led by U.S. Treasury Notes, U.S. Treasury Notes and U.S. Treasury Notes. In the other direction, 40 positions (53.5% of VGLT) are unique to VGLT.