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ETF comparison

BIV vs FBND

Both US Aggregate Bond.

Vanguard Intermediate-Term Bond Index Fund · Fidelity Total Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
23.5 %

175 positions appear in both funds. Buying equal dollars of BIV and FBND would leave roughly 23.5% of each dollar exposed to the same underlying securities.

BIV only 75.3% Shared 23.5% FBND only 87.3%
In BIV only
2,165 positions
Shared
175 positions
In FBND only
4,217 positions

Side by side

BIV

Vanguard Intermediate-Term Bond Index Fund

Vanguard · US Aggregate Bond

87 composite / 100
Expense ratio
0.030%
Net assets
$52.51B
TTM yield
4.25%
Top-10 conc.
21.0%
FBND

Fidelity Total Bond ETF

Fidelity · US Aggregate Bond

74 composite / 100
Expense ratio
0.36%
Net assets
$26.62B
TTM yield
4.70%
Top-10 conc.
19.4%

Sub-score comparison

97
Cost
64
52
Tax efficiency
51
100
Liquidity
100
84
Concentration
87
—
Tracking quality
—
BIV sub-score FBND

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

Cost difference

BIV is 33 bps cheaper than FBND. On a $100,000 position that's about $330/yr more in fees for FBND.

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 BIV vs FBND.

Top shared holdings

175 shared in total
# Holding In BIV In FBND Overlap
1 United States Treasury Note/Bond 2.06% 2.12% 2.06%
2 United States Treasury Note/Bond 1.99% 2.23% 1.99%
3 United States Treasury Note/Bond 2.02% 1.53% 1.53%
4 United States Treasury Note/Bond 2.03% 1.30% 1.30%
5 United States Treasury Note/Bond 1.15% 2.86% 1.15%
6 United States Treasury Note/Bond 1.20% 1.11% 1.11%
7 United States Treasury Note/Bond 1.95% 0.96% 0.96%
8 United States Treasury Note/Bond 2.06% 0.94% 0.94%
9 United States Treasury Note/Bond 0.69% 1.54% 0.69%
10 United States Treasury Note/Bond 0.57% 1.26% 0.57%
11 United States Treasury Note/Bond 0.84% 0.57% 0.57%
12 United States Treasury Note/Bond 1.67% 0.57% 0.57%

Only in BIV

2,165 total
  • United States Treasury Note/Bond 2.20%
  • United States Treasury Note/Bond 1.77%
  • United States Treasury Note/Bond 1.75%
  • United States Treasury Note/Bond 1.61%
  • United States Treasury Note/Bond 1.40%
  • United States Treasury Note/Bond 0.85%
  • United States Treasury Note/Bond 0.84%
  • United States Treasury Note/Bond 0.71%
  • United States Treasury Note/Bond 0.62%
  • United States Treasury Note/Bond 0.29%

Only in FBND

4,217 total
  • Fidelity Revere Street Trust 2.92%
  • UNITED STATES TREASURY BOND 1.69%
  • UST NOTES 1.64%
  • UST NOTES 1.47%
  • UNITED STATES TREASURY BOND 1.39%
  • GNMA II GTD PASS THRU CTF MULTIPLE ISSUER 1.32%
  • UNITED STATES TREASURY BOND 1.14%
  • UNITED STATES TREASURY BOND 1.12%
  • GNMA II GTD PASS THRU CTF MULTIPLE ISSUER 1.04%
  • GNMA II GTD PASS THRU CTF MULTIPLE ISSUER 0.99%

Open BIV or FBND at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

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.