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ETF comparison

BND vs TLH

US Aggregate Bond vs US Treasury (Long).

Vanguard Total Bond Market Index Fund · iShares 10-20 Year Treasury Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
4.7 %

63 positions appear in both funds. Buying equal dollars of BND and TLH would leave roughly 4.7% of each dollar exposed to the same underlying securities.

BND only 94.0% Shared 4.7% TLH only 93.7%
In BND only
17,297 positions
Shared
63 positions
In TLH only
5 positions

Side by side

BND

Vanguard Total Bond Market Index Fund

Vanguard · US Aggregate Bond

89 composite / 100
Expense ratio
0.030%
Net assets
$397.86B
TTM yield
3.99%
Top-10 conc.
4.8%
TLH

iShares 10-20 Year Treasury Bond ETF

iShares · US Treasury (Long)

79 composite / 100
Expense ratio
0.15%
Net assets
$11.25B
TTM yield
4.52%
Top-10 conc.
39.2%

Sub-score comparison

97
Cost
85
53
Tax efficiency
56
100
Liquidity
100
100
Concentration
58
—
Tracking quality
—
BND sub-score TLH

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

Cost difference

BND is 12 bps cheaper than TLH. On a $100,000 position that's about $120/yr more in fees for TLH.

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 TLH.

Top shared holdings

63 shared in total
# Holding In BND In TLH Overlap
1 United States Treasury Note/Bond 0.18% 0.65% 0.18%
2 United States Treasury Note/Bond 0.16% 1.62% 0.16%
3 United States Treasury Note/Bond 0.15% 3.25% 0.15%
4 United States Treasury Note/Bond 0.15% 3.98% 0.15%
5 United States Treasury Note/Bond 0.15% 3.91% 0.15%
6 United States Treasury Note/Bond 0.14% 3.71% 0.14%
7 United States Treasury Note/Bond 0.13% 2.82% 0.13%
8 United States Treasury Note/Bond 0.13% 2.35% 0.13%
9 United States Treasury Note/Bond 0.13% 3.32% 0.13%
10 United States Treasury Note/Bond 0.13% 3.97% 0.13%
11 United States Treasury Note/Bond 0.13% 2.30% 0.13%
12 United States Treasury Note/Bond 0.13% 2.90% 0.13%

Only in BND

17,297 total
  • United States Treasury Note/Bond 0.48%
  • United States Treasury Note/Bond 0.42%
  • United States Treasury Note/Bond 0.42%
  • 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%
  • United States Treasury Note/Bond 0.36%
  • United States Treasury Note/Bond 0.36%

Only in TLH

5 total
  • United States of America 0.29%
  • United States of America 0.02%
  • United States of America 0.02%
  • BlackRock Funds III 0.02%
  • United States of America 0.00%

Open BND or TLH 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.