BNDUS aggregate bond
VANGUARD TOTAL BOND MARKET INDEX FUND
17,409holdings
0.03%annual fee
USmarket
ValuationNot available for this holdings date
BND holdings and fund profile
ETF comparisons / BND vs VMBS
US aggregate bond comparison · BND 2026-06-30 · VMBS 2026-05-31
BND vs VMBS
VANGUARD TOTAL BOND MARKET INDEX FUND compared with Vanguard Mortgage-Backed Securities ETF
Most company exposure is different between these funds.BND has 13,791 companies outside the overlap; VMBS has 1,508.
VMBSbond
Vanguard Mortgage-Backed Securities ETF
5,123holdings
0.03%annual fee
USmarket
ValuationNot available for this holdings date
VMBS holdings and fund profile
Price development
Both lines rebased to 0% over their shared dates
Largest shared positions
3,605 companies held in both funds
BND weight
VMBS weight
| Shared company | BND | VMBS |
|---|---|---|
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund | 0.90% | 4.94% |
| Ginnie Mae II Pool | 0.07% | 0.08% |
| Fannie Mae | 0.06% | 0.17% |
| Fannie Mae | 0.06% | 0.22% |
| Ginnie Mae II Pool | 0.06% | 0.28% |
| Freddie Mac FRSD8128 | 0.06% | 0.23% |
| Ginnie Mae II Pool | 0.06% | 0.21% |
| Fannie Mae Pool | 0.06% | 0.07% |
| Government National Mortgage Association G2MB0024 | 0.05% | 0.27% |
| Freddie Mac Pool | 0.05% | 0.14% |
| Fannie Mae FNMA4305 | 0.05% | 0.18% |
| GNMA II POOL MB1142 | 0.05% | 0.16% |
| GNMA II POOL MB1070 | 0.05% | 0.16% |
| Ginnie Mae II Pool | 0.05% | 0.14% |
| Fannie Mae Pool | 0.05% | 0.17% |
| Fannie Mae | 0.05% | 0.10% |
| Freddie Mac Pool | 0.04% | 0.23% |
| UMBS 30YR 6.5 MBS-TBA 7/26 | 0.04% | 0.09% |
| Freddie Mac | 0.04% | 0.20% |
| Government National Mortgage A 5.5 07/15/2033 G2SF | 0.04% | 0.35% |
| Government National Mortgage Association | 0.04% | 0.31% |
| Government National Mortgage Association | 0.04% | 0.14% |
| Freddie Mac FRSD8146 | 0.04% | 0.25% |
| Fannie Mae Pool | 0.04% | 0.09% |
| Ginnie Mae II Pool | 0.04% | 0.21% |
BND and VMBS questions
Based on the holdings compared above
How much do BND and VMBS overlap?
BND and VMBS overlap by 16.5% by weight, across 3,605 shared companies.
Which companies do BND and VMBS both hold?
The largest companies held in both funds are Vanguard Cmt Funds-Vanguard Market Liquidity Fund, Ginnie Mae II Pool, Fannie Mae, Fannie Mae, Ginnie Mae II Pool.
Can I hold both BND and VMBS?
Holding both means 16.5% 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 VMBS cheaper?
BND has a 0.03% expense ratio and VMBS has 0.03%.
Compare your own portfolio
Open the analyzerSee the companies and duplicated exposure across every fund you hold.