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ETF comparison

BND vs GOVT

US Aggregate Bond vs US Treasury (Intermediate).

Vanguard Total Bond Market Index Fund ETF Shares · iShares U.S. Treasury Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
32.9 %

210 positions appear in both funds. Buying equal dollars of BND and GOVT would leave roughly 32.9% of each dollar exposed to the same underlying securities.

BND unmatched 66.1% Shared 32.9% GOVT unmatched 65.8%

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 BND only
17,186 positions
Shared
210 positions
In GOVT only
4 positions

Side by side

BND

Vanguard Total Bond Market Index Fund ETF Shares

Vanguard · US Aggregate Bond

89 composite / 100
Expense ratio
0.030%
Net assets
$389.05B
whole fund, 6 share classes
TTM yield
4.13%
Top-10 conc.
4.1%
GOVT

iShares U.S. Treasury Bond ETF

iShares · US Treasury (Intermediate)

88 composite / 100
Expense ratio
0.050%
Net assets
$41.37B
TTM yield
3.75%
Top-10 conc.
21.7%

Sub-score comparison

97
Cost
95
52
Tax efficiency
58
100
Liquidity
100
100
Concentration
N/A
—
Tracking quality
—
BND sub-score GOVT

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

Cost difference

BND 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 BND vs GOVT.

Top shared holdings

210 shared in total
# Holding In BND In GOVT Overlap
1 United States Treasury Note/Bond 0.47% 0.63% 0.47%
2 United States Treasury Note/Bond 0.41% 0.83% 0.41%
3 United States Treasury Note/Bond 0.41% 0.77% 0.41%
4 United States Treasury Note/Bond 0.41% 0.67% 0.41%
5 United States Treasury Note/Bond 0.41% 0.44% 0.41%
6 United States Treasury Note/Bond 0.41% 0.73% 0.41%
7 United States Treasury Note/Bond 0.41% 0.92% 0.41%
8 United States Treasury Note/Bond 0.40% 0.99% 0.40%
9 United States Treasury Note/Bond 0.39% 0.80% 0.39%
10 United States Treasury Note/Bond 0.39% 0.82% 0.39%
11 United States Treasury Note/Bond 0.36% 0.48% 0.36%
12 United States Treasury Note/Bond 0.36% 0.62% 0.36%

Only in BND

17,186 total
  • United States Treasury Note/Bond 0.27%
  • United States Treasury Note/Bond 0.25%
  • United States Treasury Note/Bond 0.25%
  • United States Treasury Note/Bond 0.24%
  • United States Treasury Note/Bond 0.23%
  • United States Treasury Note/Bond 0.23%
  • United States Treasury Note/Bond 0.22%
  • United States Treasury Note/Bond 0.22%
  • United States Treasury Note/Bond 0.22%
  • United States Treasury Note/Bond 0.21%

Only in GOVT

4 total
  • United States of America 1.38%
  • United States of America 0.06%
  • United States of America 0.05%
  • United States of America 0.04%

Percentages are holdings overlap with the named fund.

Open BND or GOVT 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.