VMBS vs EAGG: Holdings Overlap
VMBSVanguard Mortgage-backed Securities Index Fund
Vanguard · 5112 holdings · $15.6B · as of 2026-05-31
EAGGiShares ESG Aware U.S. Aggregate Bond ETF
iShares · 5210 holdings · $5.0B · as of 2026-05-31
How similar are VMBS and EAGG?
Vanguard Mortgage-backed Securities Index Fund (VMBS, by Vanguard) holds 5112 positions; iShares ESG Aware U.S. Aggregate Bond ETF (EAGG, by iShares) holds 5210. They have 276 holdings in common, and by portfolio weight the two funds are 7.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 276VMBS holds 5112 · EAGG holds 5210
- Weight in Shared Holdings
- VMBS 17%·EAGG 11%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 VMBS
4836 of 5112 positions (82.8% of the fund) are not held by EAGG. Showing the top 30 by weight.
- G2SF 5.5 7/260.36%
- Ginnie Mae II Pool0.31%
- FN CC27620.29%
- FR SD41550.27%
- FR RQ01180.27%
- FR RQ00940.24%
Only in EAGG
4934 of 5210 positions (87.8% of the fund) are not held by VMBS. Showing the top 30 by weight.
- U.S. Treasury Notes0.47%
- U.S. Treasury Notes0.41%
- U.S. Treasury Notes0.40%
- U.S. Treasury Notes0.40%
- U.S. Treasury Notes0.39%
- U.S. Treasury Notes0.38%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VMBS | -0.1% | +0.6% | +4.1% | +4.9% | +0.4% | +1.3% | 4.23% |
| EAGG | -0.3% | -0.0% | +2.4% | +4.1% | -0.3% | — | 4.05% |
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 VMBS vs EAGG →
Shared Holdings(276)
The top 10 shared positions account for 26% of the overlap, led by Uniform Mortgage-Backed Security, TBA, Uniform Mortgage-Backed Security, TBA and Ginnie Mae.
| Uniform Mortgage-Backed Security, TBA | 0.52% | 0.51% | 0.51% |
|---|---|---|---|
| Uniform Mortgage-Backed Security, TBA | 0.20% | 0.35% | 0.20% |
| Ginnie Mae | 0.29% | 0.19% | 0.19% |
| Uniform Mortgage-Backed Security, TBA | 0.19% | 0.32% | 0.19% |
| Government National Mortgage Association | 0.32% | 0.18% | 0.18% |
| Ginnie Mae | 0.15% | 0.16% | 0.15% |
| Uniform Mortgage-Backed Security, TBA | 0.15% | 0.17% | 0.15% |
| Government National Mortgage Association | 0.20% | 0.15% | 0.15% |
| Uniform Mortgage-Backed Security, TBA | 0.14% | 0.20% | 0.14% |
| Uniform Mortgage-Backed Security, TBA | 0.25% | 0.14% | 0.14% |
| Government National Mortgage Association | 0.12% | 0.12% | 0.12% |
| Government National Mortgage Association | 0.11% | 0.12% | 0.11% |
| Uniform Mortgage-Backed Securities | 0.10% | 0.12% | 0.10% |
| Uniform Mortgage-Backed Security, TBA | 0.10% | 0.22% | 0.10% |
| Uniform Mortgage-Backed Securities | 0.23% | 0.09% | 0.09% |
| Uniform Mortgage-Backed Security, TBA | 0.09% | 0.18% | 0.09% |
| Government National Mortgage Association | 0.16% | 0.09% | 0.09% |
| Ginnie Mae | 0.09% | 0.15% | 0.09% |
| Uniform Mortgage-Backed Securities | 0.18% | 0.09% | 0.09% |
| Government National Mortgage Association | 0.11% | 0.08% | 0.08% |
| Uniform Mortgage-Backed Securities | 0.15% | 0.08% | 0.08% |
| Uniform Mortgage-Backed Securities | 0.14% | 0.08% | 0.08% |
| Ginnie Mae | 0.08% | 0.18% | 0.08% |
| Government National Mortgage Association | 0.08% | 0.11% | 0.08% |
| Government National Mortgage Association | 0.14% | 0.08% | 0.08% |
Showing the top 250 of 276 shared holdings by overlap weight.
Frequently Asked Questions
How much do VMBS and EAGG overlap?
VMBS and EAGG overlap by 7.7% of portfolio weight. They share 276 holdings (VMBS holds 5112 positions and EAGG holds 5210), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VMBS and EAGG?
The two portfolios are 7.7% 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 VMBS and EAGG?
The largest positions held by both funds are Uniform Mortgage-Backed Security, TBA, Uniform Mortgage-Backed Security, TBA, Ginnie Mae, Uniform Mortgage-Backed Security, TBA and Government National Mortgage Association. Together the top 10 shared positions account for 26% of the total overlap.
What does VMBS own that EAGG doesn't?
4836 positions (82.8% of VMBS) are unique to VMBS, led by G2SF 5.5 7/26, Ginnie Mae II Pool and FN CC2762. In the other direction, 4934 positions (87.8% of EAGG) are unique to EAGG.