VGIT vs IEI: Holdings Overlap
VGITVanguard Intermediate-term Treasury Index Fund
Vanguard · 103 holdings · $42.5B · as of 2026-05-31
IEIiShares 3-7 Year Treasury Bond ETF
iShares · 83 holdings · $17.6B · as of 2026-05-31
How similar are VGIT and IEI?
Vanguard Intermediate-term Treasury Index Fund (VGIT, by Vanguard) holds 103 positions; iShares 3-7 Year Treasury Bond ETF (IEI, by iShares) holds 83. They have 83 holdings in common, and by portfolio weight the two funds are 69.3% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 69.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 83VGIT holds 103 · IEI holds 83
- Weight in Shared Holdings
- VGIT 73%·IEI 99%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
20 of 103 positions (25.5% of the fund) are not held by IEI.
- U.S. Treasury Notes1.94%
- U.S. Treasury Notes1.92%
- U.S. Treasury Notes1.90%
- U.S. Treasury Notes1.89%
- U.S. Treasury Notes1.89%
- U.S. Treasury Notes1.87%
Only in IEI
Every position in IEI is also held by VGIT, so it brings nothing the other fund doesn’t already own.
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% |
| IEI | +0.1% | -0.2% | +1.6% | +3.9% | +0.2% | +1.2% | 3.70% |
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 IEI →
Shared Holdings(83)
The top 10 shared positions account for 22% of the overlap, led by U.S. Treasury Notes, U.S. Treasury Notes and U.S. Treasury Notes.
| U.S. Treasury Notes | 1.65% | 2.28% | 1.65% |
|---|---|---|---|
| U.S. Treasury Notes | 1.60% | 1.75% | 1.60% |
| U.S. Treasury Notes | 1.57% | 1.93% | 1.57% |
| U.S. Treasury Notes | 1.56% | 2.26% | 1.56% |
| U.S. Treasury Notes | 1.53% | 2.09% | 1.53% |
| U.S. Treasury Notes | 1.52% | 2.11% | 1.52% |
| U.S. Treasury Notes | 1.48% | 2.09% | 1.48% |
| U.S. Treasury Notes | 1.47% | 2.05% | 1.47% |
| U.S. Treasury Notes | 1.45% | 2.08% | 1.45% |
| U.S. Treasury Notes | 1.42% | 1.82% | 1.42% |
| U.S. Treasury Notes | 1.36% | 1.92% | 1.36% |
| U.S. Treasury Notes | 1.14% | 1.29% | 1.14% |
| U.S. Treasury Notes | 1.13% | 1.65% | 1.13% |
| U.S. Treasury Notes | 1.12% | 1.26% | 1.12% |
| U.S. Treasury Notes | 1.11% | 1.41% | 1.11% |
| U.S. Treasury Notes | 1.11% | 1.39% | 1.11% |
| U.S. Treasury Notes | 1.11% | 1.48% | 1.11% |
| U.S. Treasury Notes | 1.10% | 1.49% | 1.10% |
| U.S. Treasury Notes | 1.10% | 1.10% | 1.10% |
| U.S. Treasury Notes | 1.09% | 1.10% | 1.09% |
| U.S. Treasury Notes | 1.08% | 1.13% | 1.08% |
| U.S. Treasury Notes | 1.07% | 1.12% | 1.07% |
| U.S. Treasury Notes | 1.07% | 1.62% | 1.07% |
| U.S. Treasury Notes | 1.08% | 1.07% | 1.07% |
| U.S. Treasury Notes | 1.05% | 1.12% | 1.05% |
Frequently Asked Questions
How much do VGIT and IEI overlap?
VGIT and IEI overlap by 69.3% of portfolio weight. They share 83 holdings (VGIT holds 103 positions and IEI holds 83), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VGIT and IEI?
The two portfolios are 69.3% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of VGIT and IEI?
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 22% of the total overlap.
What does VGIT own that IEI doesn't?
20 positions (25.5% 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, 0 positions (0.0% of IEI) are unique to IEI.