ETF comparison
PYLD vs VMBS
Both US Aggregate Bond.
PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund · Vanguard Mortgage-Backed Securities Index Fund ETF Shares
Holdings overlap
9 positions appear in both funds. Buying equal dollars of PYLD and VMBS would leave roughly 0.2% 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
VMBS is 61 bps cheaper than PYLD. On a $100,000 position that's about $610/yr more in fees for PYLD.
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 PYLD vs VMBS.
Top shared holdings
9 shared in total| # | Holding | In PYLD | In VMBS | Overlap |
|---|---|---|---|---|
| 1 | Government National Mortgage Association | 0.09% | 0.09% | 0.09% |
| 2 | UMBS, TBA | 1.42% | 0.04% | 0.04% |
| 3 | Fannie Mae | 0.12% | 0.03% | 0.03% |
| 4 | UMBS, TBA | 6.55% | 0.03% | 0.03% |
| 5 | Freddie Mac | 0.03% | 0.02% | 0.02% |
| 6 | Government National Mortgage Association | 0.01% | 0.12% | 0.01% |
| 7 | Government National Mortgage Association | 0.01% | 0.05% | 0.01% |
| 8 | UMBS, TBA | 1.78% | 0.01% | 0.01% |
| 9 | Fannie Mae | 0.00% | 0.09% | 0.00% |
Only in PYLD
1,748 total- UMBS, TBA 7.01%
- UMBS, TBA 4.83%
- Fannie Mae 2.97%
- United States Treasury 1.20%
- Freddie Mac 1.06%
- REPUBLIC OF PERU 0.89%
- RD MICHIGAN PROP OWNER I 0.84%
- REPUBLIC OF SOUTH AFRICA 0.79%
- United States Treasury 0.70%
- United States Treasury 0.69%
Only in VMBS
5,103 total- Fannie Mae or Freddie Mac 0.52%
- Ginnie Mae II Pool 0.36%
- Ginnie Mae II Pool 0.32%
- Ginnie Mae II Pool 0.31%
- Fannie Mae Pool 0.29%
- Ginnie Mae II Pool 0.29%
- Ginnie Mae II Pool 0.29%
- Ginnie Mae II Pool 0.28%
- Freddie Mac Pool 0.27%
- Freddie Mac Pool 0.27%
Related comparisons
More comparisons with PYLD
- PYLD vs MBB · iShares MBS ETF 0.2%
- PYLD vs BNDX · Vanguard Total International Bond Index Fund ETF Shares 0.1%
- PYLD vs GOVT · iShares U.S. Treasury Bond ETF 0.0%
- PYLD vs FLOT · iShares Floating Rate Bond ETF 0.0%
- PYLD vs SHY · iShares 1-3 Year Treasury Bond ETF 0.0%
- PYLD vs VGSH · Vanguard Short-Term Treasury Index Fund ETF Shares 0.0%
More comparisons with VMBS
- VMBS vs NEAR · iShares Short Duration Bond Active ETF 0.0%
- VMBS vs BINC · iShares Flexible Income Active ETF 0.0%
- VMBS vs BIV · Vanguard Intermediate-Term Bond Index Fund ETF Shares 0.0%
- VMBS vs BLV · Vanguard Long-Term Bond Index Fund ETF Shares 0.0%
- VMBS vs BNDX · Vanguard Total International Bond Index Fund ETF Shares 0.0%
- VMBS vs BSV · Vanguard Short-Term Bond Index Fund ETF Shares 0.0%
Percentages are holdings overlap with the named fund.
Open PYLD 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 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.