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ETF comparison

VCRB vs VMBS

Both US Aggregate Bond.

Vanguard Core Bond ETF · Vanguard Mortgage-Backed Securities Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
4.3 %

130 positions appear in both funds. Buying equal dollars of VCRB and VMBS would leave roughly 4.3% of each dollar exposed to the same underlying securities.

VCRB unmatched 99.4% Shared 4.3% VMBS unmatched 95.6%

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 VCRB only
3,284 positions
Shared
130 positions
In VMBS only
4,732 positions

Side by side

VCRB

Vanguard Core Bond ETF

Vanguard · US Aggregate Bond

85 composite / 100
Expense ratio
0.10%
Net assets
$8.14B
TTM yield
4.42%
Top-10 conc.
8.7%
VMBS

Vanguard Mortgage-Backed Securities Index Fund ETF Shares

Vanguard · US Aggregate Bond

89 composite / 100
Expense ratio
0.030%
Net assets
$17.73B
whole fund, 3 share classes
TTM yield
3.97%
Top-10 conc.
2.8%

Sub-score comparison

90
Cost
97
52
Tax efficiency
53
96
Liquidity
100
100
Concentration
100
—
Tracking quality
—
VCRB sub-score VMBS

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

Cost difference

VMBS is 7 bps cheaper than VCRB. On a $100,000 position that's about $70/yr more in fees for VCRB.

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 VCRB vs VMBS.

Top shared holdings

130 shared in total
# Holding In VCRB In VMBS Overlap
1 Freddie Mac Pool 0.24% 0.24% 0.24%
2 Fannie Mae Pool 0.20% 0.21% 0.20%
3 Ginnie Mae II Pool 0.16% 0.12% 0.12%
4 Fannie Mae Pool 0.15% 0.11% 0.11%
5 Freddie Mac Pool 0.11% 0.22% 0.11%
6 Ginnie Mae II Pool 0.10% 0.12% 0.10%
7 Ginnie Mae II Pool 0.11% 0.10% 0.10%
8 Ginnie Mae II Pool 0.10% 0.20% 0.10%
9 Ginnie Mae II Pool 0.10% 0.08% 0.08%
10 Ginnie Mae II Pool 0.08% 0.12% 0.08%
11 Ginnie Mae II Pool 0.14% 0.08% 0.08%
12 Ginnie Mae II Pool 0.07% 0.19% 0.07%

Only in VCRB

3,284 total
  • Fannie Mae or Freddie Mac 2.33%
  • United States Treasury Note/Bond 1.02%
  • NVIDIA Corp 0.97%
  • NVIDIA Corp 0.75%
  • Fannie Mae or Freddie Mac 0.68%
  • United States Treasury Note/Bond 0.65%
  • Kreditanstalt fuer Wiederaufbau 0.60%
  • Fannie Mae REMICS 0.59%
  • OBX 2026-INV2 Trust 0.57%
  • Ginnie Mae II Pool 0.56%

Only in VMBS

4,732 total
  • Fannie Mae or Freddie Mac 0.33%
  • Fannie Mae or Freddie Mac 0.30%
  • Ginnie Mae II Pool 0.30%
  • Ginnie Mae II Pool 0.29%
  • Ginnie Mae II Pool 0.28%
  • Ginnie Mae II Pool 0.27%
  • Ginnie Mae II Pool 0.27%
  • Fannie Mae Pool 0.27%
  • Fannie Mae or Freddie Mac 0.26%
  • Freddie Mac Pool 0.26%

Percentages are holdings overlap with the named fund.

Open VCRB 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 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.