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ETF comparison

BIV vs FBND

Both US Aggregate Bond.

Vanguard Intermediate-Term Bond Index Fund ETF Shares · Fidelity Total Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
24.3 %

179 positions appear in both funds. Buying equal dollars of BIV and FBND would leave roughly 24.3% of each dollar exposed to the same underlying securities.

BIV unmatched 74.6% Shared 24.3% FBND unmatched 85.7%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In BIV only
2,176 positions
Shared
179 positions
In FBND only
4,290 positions

Side by side

BIV

Vanguard Intermediate-Term Bond Index Fund ETF Shares

Vanguard · US Aggregate Bond

87 composite / 100
Expense ratio
0.030%
Net assets
$50.44B
whole fund, 5 share classes
TTM yield
4.46%
Top-10 conc.
20.9%
FBND

Fidelity Total Bond ETF

Fidelity · US Aggregate Bond

74 composite / 100
Expense ratio
0.36%
Net assets
$27.90B
TTM yield
4.80%
Top-10 conc.
19.8%

Sub-score comparison

97
Cost
64
52
Tax efficiency
51
100
Liquidity
100
84
Concentration
86
—
Tracking quality
—
BIV sub-score FBND

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

BIV is 33 bps cheaper than FBND. On a $100,000 position that's about $330/yr more in fees for FBND.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with BIV vs FBND.

Top shared holdings

179 shared in total
# Holding In BIV In FBND Overlap
1 United States Treasury Note/Bond 2.14% 2.21% 2.14%
2 United States Treasury Note/Bond 2.04% 2.17% 2.04%
3 United States Treasury Note/Bond 2.02% 1.81% 1.81%
4 United States Treasury Note/Bond 1.08% 2.34% 1.08%
5 United States Treasury Note/Bond 1.14% 1.03% 1.03%
6 United States Treasury Note/Bond 2.08% 1.02% 1.02%
7 United States Treasury Note/Bond 1.94% 0.93% 0.93%
8 United States Treasury Note/Bond 2.08% 0.87% 0.87%
9 United States Treasury Note/Bond 0.79% 1.02% 0.79%
10 United States Treasury Note/Bond 0.75% 1.18% 0.75%
11 United States Treasury Note/Bond 0.68% 1.49% 0.68%
12 United States Treasury Note/Bond 0.68% 0.69% 0.68%

Only in BIV

2,176 total
  • United States Treasury Note/Bond 2.10%
  • United States Treasury Note/Bond 1.70%
  • United States Treasury Note/Bond 1.60%
  • United States Treasury Note/Bond 1.56%
  • United States Treasury Note/Bond 1.07%
  • United States Treasury Note/Bond 0.71%
  • United States Treasury Note/Bond 0.53%
  • Morgan Stanley 0.15%
  • Amazon.com Inc 0.13%
  • Morgan Stanley 0.13%

Only in FBND

4,290 total
  • Fidelity Revere Street Trust 4.62%
  • UNITED STATES TREASURY BOND 1.53%
  • UNITED STATES TREASURY BOND 1.26%
  • FNMA/FHLG TBA ISSUER 1.19%
  • GNMA II GTD PASS THRU CTF MULTIPLE ISSUER 1.14%
  • UNITED STATES TREASURY BOND 1.12%
  • UNITED STATES TREASURY BOND 1.04%
  • UNITED STATES TREASURY BOND 0.96%
  • GNMA II GTD PASS THRU CTF MULTIPLE ISSUER 0.89%
  • UNITED STATES TREASURY BOND 0.84%

Percentages are holdings overlap with the named fund.

Open BIV or FBND at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.