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ETF comparison

BIV vs GOVT

US Aggregate Bond vs US Treasury (Intermediate).

Vanguard Intermediate-Term Bond Index Fund · iShares U.S. Treasury Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
18.5 %

36 positions appear in both funds. Buying equal dollars of BIV and GOVT would leave roughly 18.5% of each dollar exposed to the same underlying securities.

BIV only 80.4% Shared 18.5% GOVT only 80.6%
In BIV only
2,304 positions
Shared
36 positions
In GOVT only
188 positions

Side by side

BIV

Vanguard Intermediate-Term Bond Index Fund

Vanguard · US Aggregate Bond

87 composite / 100
Expense ratio
0.030%
Net assets
$52.51B
TTM yield
4.25%
Top-10 conc.
21.0%
GOVT

iShares U.S. Treasury Bond ETF

iShares · US Treasury (Intermediate)

87 composite / 100
Expense ratio
0.050%
Net assets
$43.73B
TTM yield
3.60%
Top-10 conc.
21.7%

Sub-score comparison

97
Cost
95
52
Tax efficiency
58
100
Liquidity
100
84
Concentration
83
—
Tracking quality
—
BIV sub-score GOVT

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

Cost difference

BIV is 2 bps cheaper than GOVT. On a $100,000 position that's about $20/yr more in fees for GOVT.

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 GOVT.

Top shared holdings

36 shared in total
# Holding In BIV In GOVT Overlap
1 United States Treasury Note/Bond 1.75% 5.25% 1.75%
2 United States Treasury Note/Bond 2.29% 0.99% 0.99%
3 United States Treasury Note/Bond 2.06% 0.93% 0.93%
4 United States Treasury Note/Bond 1.72% 0.85% 0.85%
5 United States Treasury Note/Bond 2.18% 0.84% 0.84%
6 United States Treasury Note/Bond 2.19% 0.82% 0.82%
7 United States Treasury Note/Bond 1.61% 0.82% 0.82%
8 United States Treasury Note/Bond 1.99% 0.81% 0.81%
9 United States Treasury Note/Bond 2.03% 0.78% 0.78%
10 United States Treasury Note/Bond 1.77% 0.76% 0.76%
11 United States Treasury Note/Bond 1.67% 0.76% 0.76%
12 United States Treasury Note/Bond 1.68% 0.64% 0.64%

Only in BIV

2,304 total
  • United States Treasury Note/Bond 1.25%
  • United States Treasury Note/Bond 1.15%
  • United States Treasury Note/Bond 0.86%
  • United States Treasury Note/Bond 0.85%
  • United States Treasury Note/Bond 0.85%
  • United States Treasury Note/Bond 0.84%
  • United States Treasury Note/Bond 0.84%
  • United States Treasury Note/Bond 0.81%
  • United States Treasury Note/Bond 0.62%
  • United States Treasury Note/Bond 0.29%

Only in GOVT

188 total
  • United States of America 2.92%
  • United States of America 2.60%
  • United States of America 2.06%
  • United States of America 1.59%
  • United States of America 1.55%
  • United States of America 1.51%
  • United States of America 1.49%
  • United States of America 1.39%
  • United States of America 1.37%
  • United States of America 1.34%

Open BIV or GOVT at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

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.