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ETF comparison

FBND vs VGLT

US Aggregate Bond vs US Treasury (Long).

Fidelity Total Bond ETF · Vanguard Long-Term Treasury Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
12.0 %

33 positions appear in both funds. Buying equal dollars of FBND and VGLT would leave roughly 12.0% of each dollar exposed to the same underlying securities.

FBND unmatched 98.0% Shared 12.0% VGLT unmatched 86.2%

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 FBND only
4,436 positions
Shared
33 positions
In VGLT only
64 positions

Side by side

FBND

Fidelity Total Bond ETF

Fidelity · US Aggregate Bond

74 composite / 100
Expense ratio
0.36%
Net assets
$27.90B
TTM yield
4.80%
Top-10 conc.
19.8%
VGLT

Vanguard Long-Term Treasury Index Fund ETF Shares

Vanguard · US Treasury (Long)

88 composite / 100
Expense ratio
0.030%
Net assets
$14.84B
whole fund, 3 share classes
TTM yield
4.84%
Top-10 conc.
21.5%

Sub-score comparison

64
Cost
97
51
Tax efficiency
56
100
Liquidity
100
86
Concentration
N/A
—
Tracking quality
—
FBND sub-score VGLT

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

Cost difference

VGLT is 33 bps cheaper than FBND. On a $100,000 position that's about $330/yr more in fees for FBND.

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 FBND vs VGLT.

Top shared holdings

33 shared in total
# Holding In FBND In VGLT Overlap
1 UNITED STATES TREASURY BOND 1.53% 2.04% 1.53%
2 UNITED STATES TREASURY BOND 1.26% 2.13% 1.26%
3 UNITED STATES TREASURY BOND 1.12% 2.21% 1.12%
4 UNITED STATES TREASURY BOND 1.04% 2.21% 1.04%
5 UNITED STATES TREASURY BOND 0.96% 2.22% 0.96%
6 UNITED STATES TREASURY BOND 0.84% 1.64% 0.84%
7 UNITED STATES TREASURY BOND 0.83% 2.17% 0.83%
8 UNITED STATES TREASURY BOND 0.82% 2.17% 0.82%
9 UNITED STATES TREASURY BOND 0.75% 2.04% 0.75%
10 UNITED STATES TREASURY BOND 0.60% 1.50% 0.60%
11 UNITED STATES TREASURY BOND 0.47% 1.83% 0.47%
12 UNITED STATES TREASURY BOND 0.39% 2.17% 0.39%

Only in FBND

4,436 total
  • Fidelity Revere Street Trust 4.62%
  • UST NOTES 2.34%
  • UST NOTES 2.21%
  • UST NOTES 2.17%
  • UST NOTES 1.81%
  • UST NOTES 1.49%
  • UST NOTES 1.20%
  • FNMA/FHLG TBA ISSUER 1.19%
  • UST NOTES 1.18%
  • GNMA II GTD PASS THRU CTF MULTIPLE ISSUER 1.14%

Only in VGLT

64 total
  • United States Treasury Note/Bond 1.54%
  • United States Treasury Note/Bond 1.53%
  • United States Treasury Note/Bond 1.51%
  • United States Treasury Note/Bond 1.41%
  • United States Treasury Note/Bond 1.40%
  • United States Treasury Note/Bond 1.40%
  • United States Treasury Note/Bond 1.40%
  • United States Treasury Note/Bond 1.18%
  • United States Treasury Note/Bond 1.16%
  • United States Treasury Note/Bond 1.16%

Percentages are holdings overlap with the named fund.

Open FBND or VGLT 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.