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ETF comparison

FBND vs VGSH

US Aggregate Bond vs US Treasury (Short).

Fidelity Total Bond ETF · Vanguard Short-Term Treasury Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
0.4 %

8 positions appear in both funds. Buying equal dollars of FBND and VGSH would leave roughly 0.4% of each dollar exposed to the same underlying securities.

FBND unmatched 109.4% Shared 0.4% VGSH unmatched 98.5%

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.

In FBND only
4,622 positions
Shared
8 positions
In VGSH only
83 positions

Side by side

FBND

Fidelity Total Bond ETF

Fidelity · US Aggregate Bond

74 composite / 100
Expense ratio
0.36%
Net assets
$28.43B
TTM yield
4.82%
Top-10 conc.
18.5%
VGSH

Vanguard Short-Term Treasury Index Fund ETF Shares

Vanguard · US Treasury (Short)

89 composite / 100
Expense ratio
0.030%
Net assets
$41.38B
whole fund, 3 share classes
TTM yield
3.45%
Top-10 conc.
14.2%

Sub-score comparison

64
Cost
97
51
Tax efficiency
59
100
Liquidity
100
88
Concentration
N/A
—
Tracking quality
—
FBND sub-score VGSH

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

Cost difference

VGSH 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 FBND vs VGSH.

Top shared holdings

8 shared in total
# Holding In FBND In VGSH Overlap
1 UST NOTES 0.11% 1.16% 0.11%
2 UST NOTES 0.10% 1.16% 0.10%
3 UST NOTES 0.07% 1.13% 0.07%
4 UST NOTES 0.05% 1.02% 0.05%
5 UST NOTES 0.01% 0.67% 0.01%
6 UST NOTES 0.01% 1.06% 0.01%
7 UST NOTES 0.01% 0.99% 0.01%
8 UST NOTES 0.01% 1.12% 0.01%

Only in FBND

4,622 total
  • Fidelity Revere Street Trust 3.16%
  • UST NOTES 2.73%
  • UST NOTES 2.04%
  • FNMA/FHLG TBA ISSUER 1.99%
  • UST NOTES 1.97%
  • UNITED STATES TREASURY BOND 1.37%
  • UNITED STATES TREASURY BOND 1.36%
  • UST NOTES 1.36%
  • GNMA II GTD PASS THRU CTF MULTIPLE ISSUER 1.28%
  • FNMA/FHLG TBA ISSUER 1.25%

Only in VGSH

83 total
  • United States Treasury Note/Bond 2.04%
  • United States Treasury Note/Bond 1.44%
  • United States Treasury Note/Bond 1.42%
  • United States Treasury Note/Bond 1.38%
  • United States Treasury Note/Bond 1.36%
  • United States Treasury Note/Bond 1.35%
  • United States Treasury Note/Bond 1.33%
  • United States Treasury Note/Bond 1.32%
  • United States Treasury Note/Bond 1.31%
  • United States Treasury Note/Bond 1.30%

Percentages are holdings overlap with the named fund.

Open FBND or VGSH 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.