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ETF comparison

BND vs MBB

Both US Aggregate Bond.

Vanguard Total Bond Market Index Fund ETF Shares · iShares MBS ETF

Holdings overlap

Weighted by ISIN/CUSIP
5.2 %

1,358 positions appear in both funds. Buying equal dollars of BND and MBB would leave roughly 5.2% of each dollar exposed to the same underlying securities.

BND unmatched 93.8% Shared 5.2% MBB unmatched 92.9%

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
16,038 positions
Shared
1,358 positions
In MBB only
9,786 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%
MBB

iShares MBS ETF

iShares · US Aggregate Bond

89 composite / 100
Expense ratio
0.040%
Net assets
$36.25B
TTM yield
4.46%
Top-10 conc.
6.8%

Sub-score comparison

97
Cost
96
52
Tax efficiency
52
100
Liquidity
100
100
Concentration
100
—
Tracking quality
—
BND sub-score MBB

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

Cost difference

BND is 1 bps cheaper than MBB. On a $100,000 position that's about $10/yr more in fees for MBB.

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 MBB.

Top shared holdings

1,358 shared in total
# Holding In BND In MBB Overlap
1 Fannie Mae Pool 0.06% 0.12% 0.06%
2 Ginnie Mae II Pool 0.06% 0.06% 0.06%
3 Ginnie Mae II Pool 0.05% 0.15% 0.05%
4 Fannie Mae Pool 0.05% 0.30% 0.05%
5 Fannie Mae Pool 0.06% 0.05% 0.05%
6 Fannie Mae Pool 0.05% 0.11% 0.05%
7 Freddie Mac Pool 0.04% 0.22% 0.04%
8 Ginnie Mae II Pool 0.04% 0.55% 0.04%
9 Freddie Mac Pool 0.04% 1.05% 0.04%
10 Ginnie Mae II Pool 0.07% 0.04% 0.04%
11 Ginnie Mae II Pool 0.04% 0.04% 0.04%
12 Ginnie Mae II Pool 0.04% 0.05% 0.04%

Only in BND

16,038 total
  • United States Treasury Note/Bond 0.47%
  • United States Treasury Note/Bond 0.41%
  • United States Treasury Note/Bond 0.41%
  • United States Treasury Note/Bond 0.41%
  • United States Treasury Note/Bond 0.41%
  • United States Treasury Note/Bond 0.41%
  • United States Treasury Note/Bond 0.41%
  • United States Treasury Note/Bond 0.40%
  • United States Treasury Note/Bond 0.39%
  • United States Treasury Note/Bond 0.39%

Only in MBB

9,786 total
  • Government National Mortgage Association 0.95%
  • UMBS, TBA 0.83%
  • Government National Mortgage Association 0.67%
  • UMBS, TBA 0.64%
  • Fannie Mae 0.52%
  • Government National Mortgage Association 0.46%
  • Fannie Mae 0.44%
  • Fannie Mae 0.44%
  • UMBS, TBA 0.34%
  • Fannie Mae 0.33%

Percentages are holdings overlap with the named fund.

Open BND or MBB 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.