UCON vs VCIT: Holdings Overlap
UCONFirst Trust Smith Unconstrained Bond ETF
First Trust · 504 holdings · $3.3B · as of 2026-05-31
VCITVanguard Intermediate-term Corporate Bond Index Fund
Vanguard · 2302 holdings · $67.6B · as of 2026-05-31
How similar are UCON and VCIT?
First Trust Smith Unconstrained Bond ETF (UCON, by First Trust) holds 504 positions; Vanguard Intermediate-term Corporate Bond Index Fund (VCIT, by Vanguard) holds 2302. They have 68 holdings in common, and by portfolio weight the two funds are 5.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 5.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 68UCON holds 504 · VCIT holds 2302
- Weight in Shared Holdings
- UCON 13%·VCIT 6%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 UCON
436 of 504 positions (85.4% of the fund) are not held by VCIT. Showing the top 30 by weight.
- U.S. Treasury Notes/Bonds2.33%
- U.S. Treasury Bonds2.13%
- U.S. Treasury Bonds2.12%
- U.S. Treasury Notes1.69%
- U.S. Treasury Notes/Bonds1.04%
- FN BM77550.96%
Only in VCIT
2234 of 2302 positions (93.0% of the fund) are not held by UCON. Showing the top 30 by weight.
- Meta Platforms, Inc.0.27%
- Bank of America Corp.0.27%
- Pfizer Investment Enterprises Pte. Ltd.0.27%
- Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc0.27%
- JPMORGAN CHASE and CO 4.912%/VAR 07/25/20330.25%
- JPMorgan Chase & Co.0.24%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| UCON | -0.1% | +0.7% | +3.7% | +5.5% | +2.7% | — | 4.72% |
| VCIT | -0.2% | -0.0% | +2.8% | +6.0% | +0.9% | +2.7% | 4.87% |
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 UCON vs VCIT →
Shared Holdings(68)
The top 10 shared positions account for 37% of the overlap, led by Boeing Co. (The), Amazon.com, Inc. and Salesforce, Inc..
| Boeing Co. (The) | 0.48% | 0.28% | 0.28% |
|---|---|---|---|
| Amazon.com, Inc. | 0.25% | 0.30% | 0.25% |
| Salesforce, Inc. | 0.27% | 0.21% | 0.21% |
| U.S. Treasury Notes | 1.18% | 0.18% | 0.18% |
| WELLS FARGO and CO NEW 5.605%/VAR 04/23/2036 | 0.20% | 0.18% | 0.18% |
| Alphabet, Inc. | 0.23% | 0.17% | 0.17% |
| Wells Fargo & Co. | 0.24% | 0.17% | 0.17% |
| Wells Fargo & Co. | 0.16% | 0.16% | 0.16% |
| Meta Platforms, Inc. | 0.15% | 0.15% | 0.15% |
| Oracle Corp. | 0.14% | 0.27% | 0.14% |
| WELLS FARGO and CO NEW 5.499%/VAR 01/23/2035 | 0.14% | 0.17% | 0.14% |
| Synopsys, Inc. | 0.24% | 0.12% | 0.12% |
| JPMorgan Chase & Co. | 0.12% | 0.19% | 0.12% |
| Novartis Capital Corp. | 0.15% | 0.11% | 0.11% |
| Goldman Sachs Group, Inc. (The) | 0.16% | 0.11% | 0.11% |
| Bank of America Corp. | 0.15% | 0.11% | 0.11% |
| JPMorgan Chase & Co. | 0.33% | 0.11% | 0.11% |
| Bank of America Corp. | 0.34% | 0.11% | 0.11% |
| Intel Corp. | 0.24% | 0.10% | 0.10% |
| Kroger Co. (The) | 0.13% | 0.10% | 0.10% |
| RTX Corp. | 0.24% | 0.10% | 0.10% |
| JPMorgan Chase & Co. | 0.10% | 0.10% | 0.10% |
| Goldman Sachs Group, Inc. (The) | 0.24% | 0.10% | 0.10% |
| Global Payments, Inc. | 0.11% | 0.08% | 0.08% |
| Alphabet, Inc. | 0.08% | 0.24% | 0.08% |
Frequently Asked Questions
How much do UCON and VCIT overlap?
UCON and VCIT overlap by 5.1% of portfolio weight. They share 68 holdings (UCON holds 504 positions and VCIT holds 2302), based on each fund's latest SEC-reported holdings.
Is it redundant to own both UCON and VCIT?
The two portfolios are 5.1% 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 UCON and VCIT?
The largest positions held by both funds are Boeing Co. (The), Amazon.com, Inc., Salesforce, Inc., U.S. Treasury Notes and WELLS FARGO and CO NEW 5.605%/VAR 04/23/2036. Together the top 10 shared positions account for 37% of the total overlap.
What does UCON own that VCIT doesn't?
436 positions (85.4% of UCON) are unique to UCON, led by U.S. Treasury Notes/Bonds, U.S. Treasury Bonds and U.S. Treasury Bonds. In the other direction, 2234 positions (93.0% of VCIT) are unique to VCIT.