TLT vs VGSH: Holdings Overlap
TLTiShares 20+ Year Treasury Bond ETF
iShares · 46 holdings · $41.6B · as of 2026-05-31
VGSHVanguard Short-term Treasury Index Fund
Vanguard · 91 holdings · $30.2B · as of 2026-05-31
How similar are TLT and VGSH?
iShares 20+ Year Treasury Bond ETF (TLT, by iShares) holds 46 positions; Vanguard Short-term Treasury Index Fund (VGSH, by Vanguard) holds 91. They have 0 holdings in common, and by portfolio weight the two funds are 0.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 0TLT holds 46 · VGSH holds 91
- Weight in Shared Holdings
- TLT 0%·VGSH 0%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 TLT
46 of 46 positions (98.2% of the fund) are not held by VGSH. Showing the top 30 by weight.
- U.S. Treasury Bonds4.58%
- U.S. Treasury Bonds4.50%
- U.S. Treasury Bonds4.46%
- U.S. Treasury Bonds4.40%
- U.S. Treasury Bonds4.15%
- U.S. Treasury Bonds4.04%
Only in VGSH
91 of 91 positions (99.0% of the fund) are not held by TLT. Showing the top 30 by weight.
- U.S. Treasury Notes2.24%
- U.S. Treasury Notes1.40%
- U.S. Treasury Notes1.35%
- U.S. Treasury Notes1.31%
- U.S. Treasury Notes1.29%
- U.S. Treasury Notes1.29%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| TLT | -1.7% | -2.5% | -1.3% | -0.6% | -7.8% | -2.3% | 4.72% |
| VGSH | +0.4% | +1.0% | +2.9% | +4.3% | +1.9% | +1.8% | 3.82% |
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 TLT vs VGSH →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do TLT and VGSH overlap?
TLT and VGSH overlap by 0.0% of portfolio weight. They share 0 holdings (TLT holds 46 positions and VGSH holds 91), based on each fund's latest SEC-reported holdings.
Is it redundant to own both TLT and VGSH?
The two portfolios are 0.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What does TLT own that VGSH doesn't?
46 positions (98.2% of TLT) are unique to TLT, led by U.S. Treasury Bonds, U.S. Treasury Bonds and U.S. Treasury Bonds. In the other direction, 91 positions (99.0% of VGSH) are unique to VGSH.