ETF comparison

SCHZvsVMBS

Both US Aggregate Bond.

Schwab U.S. Aggregate Bond ETF · Vanguard Mortgage-Backed Securities Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
10.9%

965 positions appear in both funds. Buying equal dollars of SCHZ and VMBS would leave roughly10.9%of each dollar exposed to the same underlying securities.

SCHZ only 87.9%Shared 10.9%VMBS only 88.4%
In SCHZ only
11,362 positions
Shared
965 positions
In VMBS only
4,147 positions

Side by side

SCHZ

Schwab U.S. Aggregate Bond ETF

Schwab · US Aggregate Bond

89composite / 100
Expense ratio
0.030%
Net assets
$10.67B
TTM yield
4.27%
Top-10 conc.
4.9%
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
SCHZsub-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 SCHZ vs VMBS.

Top shared holdings

965 shared in total
#HoldingIn SCHZIn VMBSOverlap
1Fannie Mae0.12%0.23%0.12%
2Freddie Mac0.11%0.23%0.11%
3Freddie Mac0.10%0.26%0.10%
4Freddie Mac0.10%0.20%0.10%
5Freddie Mac0.09%0.15%0.09%
6Government National Mortgage Association0.09%0.32%0.09%
7Government National Mortgage Association0.08%0.10%0.08%
8Freddie Mac0.08%0.21%0.08%
9Freddie Mac0.08%0.20%0.08%
10Fannie Mae0.08%0.15%0.08%
11Freddie Mac0.07%0.14%0.07%
12Fannie Mae0.07%0.10%0.07%

Only in SCHZ

11,362 total
  • United States Treasury0.39%
  • United States Treasury0.39%
  • United States Treasury0.39%
  • United States Treasury0.37%
  • United States Treasury0.37%
  • United States Treasury0.37%
  • United States Treasury0.36%
  • United States Treasury0.36%
  • United States Treasury0.36%
  • United States Treasury0.36%

Only in VMBS

4,147 total
  • Fannie Mae or Freddie Mac0.52%
  • Ginnie Mae II Pool0.36%
  • Fannie Mae Pool0.29%
  • Ginnie Mae II Pool0.29%
  • Freddie Mac Pool0.27%
  • Freddie Mac Pool0.27%
  • Fannie Mae or Freddie Mac0.25%
  • Freddie Mac Pool0.24%
  • Fannie Mae or Freddie Mac0.20%
  • Fannie Mae Pool0.20%

Open SCHZ 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.