VGLT vs BLV: Holdings Overlap
VGLTVanguard Long-term Treasury Index Fund
Vanguard · 97 holdings · $10.4B · as of 2026-05-31
BLVVanguard Long-term Bond Index Fund
Vanguard · 3013 holdings · $5.8B · as of 2026-03-31
Holdings snapshots are 61 days apart (VGLT: 2026-05-31, BLV: 2026-03-31). 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 VGLT and BLV?
Vanguard Long-term Treasury Index Fund (VGLT, by Vanguard) holds 97 positions; Vanguard Long-term Bond Index Fund (BLV, by Vanguard) holds 3013. They have 97 holdings in common, and by portfolio weight the two funds are 52.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 52.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 97VGLT holds 97 · BLV holds 3013
- Weight in Shared Holdings
- VGLT 98%·BLV 52%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 VGLT
Every position in VGLT is also held by BLV, so it brings nothing the other fund doesn’t already own.
Only in BLV
2916 of 3013 positions (46.6% of the fund) are not held by VGLT. Showing the top 30 by weight.
- U.S. Treasury Notes0.46%
- Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc0.16%
- CVS Health Corp.0.13%
- Bank of America Corp.0.10%
- Pfizer Investment Enterprises Pte. Ltd.0.10%
- AbbVie, Inc.0.10%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VGLT | -1.5% | -2.3% | -0.6% | +0.5% | -6.7% | -1.7% | 4.76% |
| BLV | -1.5% | -1.9% | +0.2% | +2.5% | -4.7% | +0.3% | 4.94% |
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 VGLT vs BLV →
Shared Holdings(97)
The top 10 shared positions account for 22% of the overlap, led by U.S. Treasury Bonds, U.S. Treasury Bonds and U.S. Treasury Bonds.
| U.S. Treasury Bonds | 2.21% | 1.23% | 1.23% |
|---|---|---|---|
| U.S. Treasury Bonds | 2.21% | 1.21% | 1.21% |
| U.S. Treasury Bonds | 2.14% | 1.18% | 1.18% |
| U.S. Treasury Bonds | 2.13% | 1.18% | 1.18% |
| U.S. Treasury Bonds | 2.17% | 1.18% | 1.18% |
| U.S. Treasury Bonds | 2.04% | 1.14% | 1.14% |
| U.S. Treasury Bonds | 2.04% | 1.13% | 1.13% |
| U.S. Treasury Bonds | 2.17% | 1.10% | 1.10% |
| U.S. Treasury Bonds | 2.17% | 0.98% | 0.98% |
| U.S. Treasury Bonds | 1.83% | 0.97% | 0.97% |
| U.S. Treasury Bonds | 1.64% | 0.93% | 0.93% |
| U.S. Treasury Bonds | 1.33% | 0.93% | 0.93% |
| U.S. Treasury Bonds | 1.40% | 0.87% | 0.87% |
| U.S. Treasury Bonds | 1.54% | 0.86% | 0.86% |
| U.S. Treasury Bonds | 1.53% | 0.82% | 0.82% |
| U.S. Treasury Bonds | 1.16% | 0.81% | 0.81% |
| U.S. Treasury Bonds | 1.41% | 0.80% | 0.80% |
| U.S. Treasury Bonds | 1.40% | 0.80% | 0.80% |
| U.S. Treasury Bonds | 1.51% | 0.79% | 0.79% |
| U.S. Treasury Bonds | 1.50% | 0.79% | 0.79% |
| U.S. Treasury Bonds | 1.18% | 0.77% | 0.77% |
| U.S. Treasury Bonds | 1.35% | 0.77% | 0.77% |
| U.S. Treasury Bonds | 1.40% | 0.76% | 0.76% |
| U.S. Treasury Bonds | 1.37% | 0.73% | 0.73% |
| U.S. Treasury Bonds | 1.35% | 0.73% | 0.73% |
Frequently Asked Questions
How much do VGLT and BLV overlap?
VGLT and BLV overlap by 52.1% of portfolio weight. They share 97 holdings (VGLT holds 97 positions and BLV holds 3013), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VGLT and BLV?
The two portfolios are 52.1% 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 VGLT and BLV?
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 22% of the total overlap.
What does VGLT own that BLV doesn't?
Nothing. Every position in VGLT is also held by BLV. In the other direction, 2916 positions (46.6% of BLV) are unique to BLV.