VGIT vs GOVT: Holdings Overlap
VGITVanguard Intermediate-term Treasury Index Fund
Vanguard · 103 holdings · $42.5B · as of 2026-05-31
GOVTiShares U.S. Treasury Bond ETF
iShares · 223 holdings · $43.7B · as of 2026-04-30
Holdings snapshots are 31 days apart (VGIT: 2026-05-31, GOVT: 2026-04-30). 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 VGIT and GOVT?
Vanguard Intermediate-term Treasury Index Fund (VGIT, by Vanguard) holds 103 positions; iShares U.S. Treasury Bond ETF (GOVT, by iShares) holds 223. They have 82 holdings in common, and by portfolio weight the two funds are 39.8% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 39.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 82VGIT holds 103 · GOVT holds 223
- Weight in Shared Holdings
- VGIT 86%·GOVT 44%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 VGIT
21 of 103 positions (12.8% of the fund) are not held by GOVT.
- U.S. Treasury Notes1.10%
- U.S. Treasury Notes1.08%
- U.S. Treasury Notes0.91%
- U.S. Treasury Notes0.74%
- U.S. Treasury Notes0.74%
- U.S. Treasury Notes0.72%
Only in GOVT
141 of 223 positions (54.4% of the fund) are not held by VGIT. Showing the top 30 by weight.
- U.S. Treasury Notes2.92%
- U.S. Treasury Notes2.60%
- U.S. Treasury Notes2.06%
- U.S. Treasury Notes1.59%
- U.S. Treasury Bonds1.55%
- U.S. Treasury Bonds1.51%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VGIT | +0.0% | -0.3% | +1.7% | +3.8% | -0.1% | +1.2% | 3.89% |
| GOVT | -0.2% | -0.3% | +1.6% | +3.3% | -0.8% | +0.7% | 3.64% |
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 VGIT vs GOVT →
Shared Holdings(82)
The top 10 shared positions account for 24% of the overlap, led by U.S. Treasury Notes, U.S. Treasury Notes and U.S. Treasury Notes.
| U.S. Treasury Notes | 1.56% | 5.25% | 1.56% |
|---|---|---|---|
| U.S. Treasury Notes | 1.12% | 1.01% | 1.01% |
| U.S. Treasury Notes | 1.87% | 0.99% | 0.99% |
| U.S. Treasury Notes | 1.65% | 0.94% | 0.94% |
| U.S. Treasury Notes | 1.87% | 0.93% | 0.93% |
| U.S. Treasury Notes | 1.52% | 0.85% | 0.85% |
| U.S. Treasury Notes | 1.92% | 0.84% | 0.84% |
| U.S. Treasury Notes | 1.84% | 0.82% | 0.82% |
| U.S. Treasury Notes | 1.47% | 0.82% | 0.82% |
| U.S. Treasury Notes | 1.89% | 0.81% | 0.81% |
| U.S. Treasury Notes | 1.09% | 0.78% | 0.78% |
| U.S. Treasury Notes | 1.90% | 0.78% | 0.78% |
| U.S. Treasury Notes | 1.05% | 0.77% | 0.77% |
| U.S. Treasury Notes | 1.48% | 0.77% | 0.77% |
| U.S. Treasury Notes | 1.50% | 0.76% | 0.76% |
| U.S. Treasury Notes | 0.73% | 1.07% | 0.73% |
| U.S. Treasury Notes | 1.57% | 0.64% | 0.64% |
| U.S. Treasury Notes | 1.89% | 0.62% | 0.62% |
| U.S. Treasury Notes | 1.83% | 0.61% | 0.61% |
| U.S. Treasury Notes | 1.10% | 0.61% | 0.61% |
| U.S. Treasury Notes | 1.42% | 0.59% | 0.59% |
| U.S. Treasury Notes | 1.09% | 0.59% | 0.59% |
| U.S. Treasury Notes | 0.56% | 0.69% | 0.56% |
| U.S. Treasury Notes | 1.14% | 0.56% | 0.56% |
| U.S. Treasury Notes | 1.13% | 0.56% | 0.56% |
Frequently Asked Questions
How much do VGIT and GOVT overlap?
VGIT and GOVT overlap by 39.8% of portfolio weight. They share 82 holdings (VGIT holds 103 positions and GOVT holds 223), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VGIT and GOVT?
The two portfolios are 39.8% 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 VGIT and GOVT?
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 24% of the total overlap.
What does VGIT own that GOVT doesn't?
21 positions (12.8% of VGIT) are unique to VGIT, led by U.S. Treasury Notes, U.S. Treasury Notes and U.S. Treasury Notes. In the other direction, 141 positions (54.4% of GOVT) are unique to GOVT.