BND vs GBF: fund overlap

ETF comparisons  /  BND vs GBF

US aggregate bond comparison · BND 2026-03-31 · GBF 2026-02-28

BND vs GBF

VANGUARD TOTAL BOND MARKET INDEX FUND compared with iShares Government/Credit Bond ETF

The funds share a substantial core but differ outside it.BND has 14,463 companies outside the overlap; GBF has 353.
BNDUS aggregate bond

VANGUARD TOTAL BOND MARKET INDEX FUND

17,368holdings
0.03%annual fee
USmarket
ValuationNot available for this holdings date
BND holdings and fund profile
GBFbond

iShares Government/Credit Bond ETF

3,252holdings
0.20%annual fee
USmarket
ValuationNot available for this holdings date
GBF holdings and fund profile

Largest shared positions

2,898 companies held in both funds

BND weight GBF weight
Shared companyBND GBF
United States Treasury T
0.48%
0.72%
United States Treasury T
0.42%
0.52%
United States Treasury T
0.42%
0.61%
United States Treasury T
0.42%
0.52%
United States Treasury T
0.42%
0.69%
United States Treasury T
0.41%
0.67%
United States Treasury T
0.41%
0.67%
United States Treasury T
0.40%
0.67%
United States Treasury T
0.39%
0.53%
United States Treasury T
0.37%
0.63%
United States Treasury T
0.35%
0.51%
United States Treasury
0.35%
0.69%
United States Treasury T
0.35%
0.46%
United States Treasury T
0.34%
0.74%
United States Treasury T
0.33%
0.50%
United States Treasury T
0.32%
0.58%
United States Treasury T
0.32%
0.56%
United States Treasury T
0.32%
0.63%
United States Treasury T
0.32%
0.34%
United States Treasury T
0.32%
0.52%
United States Treasury T
0.31%
0.50%
United States Treasury T
0.29%
0.30%
United States Treasury T
0.26%
0.29%
United States Treasury T
0.36%
0.25%
United States Treasury T
0.24%
0.52%

BND and GBF questions

Based on the holdings compared above

How much do BND and GBF overlap?

BND and GBF overlap by 44.5% by weight, across 2898 shared companies.

Which companies do BND and GBF both hold?

The largest companies held in both funds are United States Treasury, United States Treasury, United States Treasury, United States Treasury, United States Treasury.

Can I hold both BND and GBF?

Holding both means 44.5% of that part of your portfolio is the same companies counted twice. That can suit you or not depending on your goals; this tool reports the overlap rather than giving advice.

Is BND or GBF cheaper?

BND has a 0.03% expense ratio and GBF has 0.20%.

Compare your own portfolio

See the companies and duplicated exposure across every fund you hold.

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