ETF comparison
BND vs TLT
US Aggregate Bond vs US Treasury (Long).
Vanguard Total Bond Market Index Fund ETF Shares · iShares 20+ Year Treasury Bond ETF
Holdings overlap
46 positions appear in both funds. Buying equal dollars of BND and TLT would leave roughly 5.6% of each dollar exposed to the same underlying securities.
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.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
BND is 12 bps cheaper than TLT. On a $100,000 position that's about $120/yr more in fees for TLT.
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 TLT.
Top shared holdings
46 shared in total| # | Holding | In BND | In TLT | Overlap |
|---|---|---|---|---|
| 1 | United States Treasury Note/Bond | 0.24% | 3.95% | 0.24% |
| 2 | United States Treasury Note/Bond | 0.23% | 3.80% | 0.23% |
| 3 | United States Treasury Note/Bond | 0.23% | 4.03% | 0.23% |
| 4 | United States Treasury Note/Bond | 0.22% | 4.40% | 0.22% |
| 5 | United States Treasury Note/Bond | 0.21% | 4.50% | 0.21% |
| 6 | United States Treasury Note/Bond | 0.21% | 4.46% | 0.21% |
| 7 | United States Treasury Note/Bond | 0.21% | 3.46% | 0.21% |
| 8 | United States Treasury Note/Bond | 0.20% | 3.94% | 0.20% |
| 9 | United States Treasury Note/Bond | 0.20% | 4.58% | 0.20% |
| 10 | United States Treasury Note/Bond | 0.19% | 2.90% | 0.19% |
| 11 | United States Treasury Note/Bond | 0.18% | 2.97% | 0.18% |
| 12 | United States Treasury Note/Bond | 0.18% | 3.86% | 0.18% |
Only in BND
17,350 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 TLT
0 totalEvery TLT position is also held by BND.
Related comparisons
More comparisons with BND
- BND vs CORP · PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund 5.4%
- BND vs MBB · iShares MBS ETF 5.2%
- BND vs IEF · iShares 7-10 Year Treasury Bond ETF 5.1%
- BND vs TLH · iShares 10-20 Year Treasury Bond ETF 4.8%
- BND vs SPSB · State Street SPDR Portfolio Short Term Corporate Bond ETF 4.6%
- BND vs NEAR · iShares Short Duration Bond Active ETF 3.0%
More comparisons with TLT
- TLT vs EAGG · iShares ESG U.S. Aggregate Bond ETF 5.2%
- TLT vs SCHZ · Schwab U.S. Aggregate Bond ETF 5.2%
- TLT vs AGG · iShares Core U.S. Aggregate Bond ETF 5.1%
- TLT vs SPAB · State Street SPDR Portfolio Aggregate Bond ETF 4.9%
- TLT vs IUSB · iShares Core Universal USD Bond ETF 4.1%
- TLT vs VCRB · Vanguard Core Bond ETF 4.0%
Percentages are holdings overlap with the named fund.
Open BND or TLT 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.