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ETF comparison

GOVT vs VGSH

US Treasury (Intermediate) vs US Treasury (Short).

iShares U.S. Treasury Bond ETF · Vanguard Short-Term Treasury Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
23.4 %

49 positions appear in both funds. Buying equal dollars of GOVT and VGSH would leave roughly 23.4% of each dollar exposed to the same underlying securities.

GOVT unmatched 75.4% Shared 23.4% VGSH unmatched 75.7%

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 GOVT only
165 positions
Shared
49 positions
In VGSH only
42 positions

Side by side

GOVT

iShares U.S. Treasury Bond ETF

iShares · US Treasury (Intermediate)

88 composite / 100
Expense ratio
0.050%
Net assets
$41.37B
TTM yield
3.75%
Top-10 conc.
21.7%
VGSH

Vanguard Short-Term Treasury Index Fund ETF Shares

Vanguard · US Treasury (Short)

89 composite / 100
Expense ratio
0.030%
Net assets
$39.49B
whole fund, 3 share classes
TTM yield
3.77%
Top-10 conc.
13.9%

Sub-score comparison

95
Cost
97
58
Tax efficiency
58
100
Liquidity
100
N/A
Concentration
N/A
—
Tracking quality
—
GOVT sub-score VGSH

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

Cost difference

VGSH is 2 bps cheaper than GOVT. On a $100,000 position that's about $20/yr more in fees for GOVT.

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 GOVT vs VGSH.

Top shared holdings

49 shared in total
# Holding In GOVT In VGSH Overlap
1 United States of America 1.62% 1.25% 1.25%
2 United States of America 2.08% 1.19% 1.19%
3 United States of America 2.63% 1.18% 1.18%
4 United States of America 2.95% 1.02% 1.02%
5 United States of America 0.99% 1.14% 0.99%
6 United States of America 0.98% 1.17% 0.98%
7 United States of America 0.96% 1.17% 0.96%
8 United States of America 0.93% 1.04% 0.93%
9 United States of America 1.36% 0.91% 0.91%
10 United States of America 0.90% 1.09% 0.90%
11 United States of America 0.98% 0.86% 0.86%
12 United States of America 0.83% 1.11% 0.83%

Only in GOVT

165 total
  • United States of America 5.28%
  • United States of America 1.48%
  • United States of America 1.46%
  • United States of America 1.46%
  • United States of America 1.38%
  • United States of America 1.37%
  • United States of America 1.20%
  • United States of America 1.08%
  • United States of America 1.01%
  • United States of America 0.99%

Only in VGSH

42 total
  • United States Treasury Note/Bond 1.40%
  • United States Treasury Note/Bond 1.31%
  • United States Treasury Note/Bond 1.29%
  • United States Treasury Note/Bond 1.26%
  • United States Treasury Note/Bond 1.25%
  • United States Treasury Note/Bond 1.25%
  • United States Treasury Note/Bond 1.22%
  • United States Treasury Note/Bond 1.20%
  • United States Treasury Note/Bond 1.19%
  • United States Treasury Note/Bond 1.19%

Percentages are holdings overlap with the named fund.

Open GOVT or VGSH 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.