ETF comparison

BNDvsVMBS

Both US Aggregate Bond.

Vanguard Total Bond Market Index Fund ETF Shares · Vanguard Mortgage-Backed Securities Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
15.5%

3,604 positions appear in both funds. Buying equal dollars of BND and VMBS would leave roughly15.5%of each dollar exposed to the same underlying securities.

BND only 83.5%Shared 15.5%VMBS only 83.8%
In BND only
13,792 positions
Shared
3,604 positions
In VMBS only
1,508 positions

Side by side

BND

Vanguard Total Bond Market Index Fund ETF Shares

Vanguard · US Aggregate Bond

89composite / 100
Expense ratio
0.030%
Net assets
$398.83B
TTM yield
4.11%
Top-10 conc.
4.6%
VMBS

Vanguard Mortgage-Backed Securities Index Fund ETF Shares

Vanguard · US Aggregate Bond

89composite / 100
Expense ratio
0.030%
Net assets
$17.59B
TTM yield
4.32%
Top-10 conc.
8.0%

Sub-score comparison

97
Cost
97
52
Tax efficiency
52
100
Liquidity
100
100
Concentration
100
Tracking quality
BNDsub-scoreVMBS

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

Expense ratios are effectively identical (0.030% vs 0.030%).

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with BND vs VMBS.

Top shared holdings

3,604 shared in total
#HoldingIn BNDIn VMBSOverlap
1Ginnie Mae II Pool0.07%0.08%0.07%
2Fannie Mae Pool0.06%0.17%0.06%
3Fannie Mae Pool0.06%0.23%0.06%
4Ginnie Mae II Pool0.06%0.29%0.06%
5Freddie Mac Pool0.06%0.23%0.06%
6Ginnie Mae II Pool0.06%0.22%0.06%
7Fannie Mae Pool0.06%0.07%0.06%
8Ginnie Mae II Pool0.05%0.28%0.05%
9Freddie Mac Pool0.05%0.14%0.05%
10Fannie Mae Pool0.05%0.18%0.05%
11Ginnie Mae II Pool0.05%0.16%0.05%
12Ginnie Mae II Pool0.05%0.17%0.05%

Only in BND

13,792 total
  • United States Treasury Note/Bond0.47%
  • United States Treasury Note/Bond0.41%
  • United States Treasury Note/Bond0.41%
  • United States Treasury Note/Bond0.41%
  • United States Treasury Note/Bond0.41%
  • United States Treasury Note/Bond0.41%
  • United States Treasury Note/Bond0.41%
  • United States Treasury Note/Bond0.40%
  • United States Treasury Note/Bond0.39%
  • United States Treasury Note/Bond0.39%

Only in VMBS

1,508 total
  • Fannie Mae or Freddie Mac0.52%
  • Ginnie Mae II Pool0.29%
  • Freddie Mac Pool0.27%
  • Fannie Mae or Freddie Mac0.25%
  • Fannie Mae or Freddie Mac0.20%
  • Fannie Mae Pool0.20%
  • Fannie Mae or Freddie Mac0.19%
  • Ginnie Mae II Pool0.15%
  • Fannie Mae or Freddie Mac0.15%
  • Ginnie Mae II Pool0.14%

Open BND or VMBS 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 methodologyand 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.