# Portfolio overlap — HCUSX vs BNDP Comparing **The U.S. Government Fixed Income Securities Portfolio** (2025-12-31) and **VANGUARD CORE-PLUS BOND INDEX ETF** (2026-03-31). - Shared positions: 271 - The U.S. Government Fixed Income Securities Portfolio covered by VANGUARD CORE-PLUS BOND INDEX ETF: 0.3420152553430483648746779293 - VANGUARD CORE-PLUS BOND INDEX ETF covered by The U.S. Government Fixed Income Securities Portfolio: 0.3420152553430483648746779294 ## The U.S. Government Fixed Income Securities Portfolio — top positions | Security | Weight | Shared | |----------|--------|--------| | ISHARES US TREASURY BOND ETF | 0.212798 | | | Vanguard Scottsdale Funds INTERMEDIATE-TERM TREASURY | 0.159905 | | | STATE STREET INSTITUTIONAL TREASURY PLUS MMKT | 0.093527 | | | US TREASURY N/B | 0.005425 | ✓ | | US TREASURY N/B | 0.005121 | ✓ | | US TREASURY N/B | 0.005002 | ✓ | | US TREASURY N/B | 0.004746 | ✓ | | US TREASURY N/B | 0.004680 | ✓ | | US TREASURY N/B | 0.004553 | ✓ | | US TREASURY N/B | 0.004467 | ✓ | | US TREASURY N/B | 0.004461 | ✓ | | US TREASURY N/B | 0.004351 | ✓ | | US TREASURY N/B | 0.004294 | ✓ | | US TREASURY N/B | 0.004177 | ✓ | | US TREASURY N/B | 0.004165 | ✓ | | US TREASURY N/B | 0.004162 | ✓ | | US TREASURY N/B | 0.003995 | ✓ | | US TREASURY N/B | 0.003982 | ✓ | | US TREASURY N/B | 0.003826 | ✓ | | US TREASURY N/B | 0.003593 | ✓ | | US TREASURY N/B | 0.003544 | ✓ | | US TREASURY N/B | 0.003507 | ✓ | | US TREASURY N/B | 0.003503 | ✓ | | US TREASURY N/B | 0.003458 | ✓ | | US TREASURY N/B | 0.003420 | ✓ | | US TREASURY N/B | 0.003374 | ✓ | | US TREASURY N/B | 0.003358 | ✓ | | US TREASURY N/B | 0.003326 | ✓ | | US TREASURY N/B | 0.003271 | ✓ | | US TREASURY N/B | 0.003230 | ✓ | | US TREASURY N/B | 0.003196 | ✓ | | US TREASURY N/B | 0.003152 | ✓ | | US TREASURY N/B | 0.003146 | ✓ | | US TREASURY N/B | 0.003115 | ✓ | | US TREASURY N/B | 0.003070 | | | US TREASURY N/B | 0.003052 | ✓ | | US TREASURY N/B | 0.003033 | ✓ | | US TREASURY N/B | 0.003025 | ✓ | | US TREASURY N/B | 0.003023 | ✓ | | US TREASURY N/B | 0.003016 | ✓ | | US TREASURY N/B | 0.002971 | ✓ | | US TREASURY N/B | 0.002954 | ✓ | | US TREASURY N/B | 0.002951 | ✓ | | US TREASURY N/B | 0.002939 | ✓ | | US TREASURY N/B | 0.002920 | ✓ | | US TREASURY N/B | 0.002888 | ✓ | | US TREASURY N/B | 0.002863 | ✓ | | US TREASURY N/B | 0.002839 | ✓ | | US TREASURY N/B | 0.002834 | ✓ | | US TREASURY N/B | 0.002831 | ✓ | ## VANGUARD CORE-PLUS BOND INDEX ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | Vanguard Market Liquidity Fund | 0.024755 | | | iShares JP Morgan USD Em Mkts Bd ETF | 0.009470 | | | FN MA4237 | 0.004038 | | | FR SD8188 | 0.004027 | | | FR SL0418 | 0.004019 | | | FR SD7552 | 0.003609 | | | US TREASURY N/B | 0.003441 | ✓ | | US TREASURY N/B | 0.003356 | ✓ | | US TREASURY N/B | 0.003319 | ✓ | | US TREASURY N/B | 0.003295 | ✓ | | US TREASURY N/B | 0.003260 | ✓ | | FR RJ3251 | 0.003255 | | | US TREASURY N/B | 0.003219 | ✓ | | US TREASURY N/B | 0.003070 | ✓ | | US TREASURY N/B | 0.003057 | ✓ | | US TREASURY N/B | 0.003054 | ✓ | | US TREASURY N/B | 0.003048 | ✓ | | US TREASURY N/B | 0.002945 | ✓ | | US TREASURY N/B | 0.002874 | ✓ | | G2 MB0872 | 0.002833 | | | US TREASURY N/B | 0.002806 | ✓ | | US TREASURY N/B | 0.002777 | | | US TREASURY N/B | 0.002768 | ✓ | | US TREASURY N/B | 0.002763 | ✓ | | US TREASURY N/B | 0.002763 | ✓ | | US TREASURY N/B | 0.002714 | ✓ | | US TREASURY N/B | 0.002712 | ✓ | | UMBS | 0.002687 | | | FR SD6077 | 0.002672 | | | US TREASURY N/B | 0.002661 | ✓ | | US TREASURY N/B | 0.002660 | ✓ | | US TREASURY N/B | 0.002598 | ✓ | | FR RA3454 | 0.002587 | | | US TREASURY N/B | 0.002580 | ✓ | | FNCI 2 5/26 | 0.002485 | | | FR SD3454 | 0.002480 | | | US TREASURY N/B | 0.002466 | | | FR RQ0028 | 0.002452 | | | FR RA3019 | 0.002446 | | | US TREASURY N/B | 0.002369 | | | FR SD1807 | 0.002320 | | | US TREASURY N/B | 0.002268 | ✓ | | FNCL 3.5 4/26 | 0.002255 | | | SAUDI INT BOND | 0.002253 | | | FNMA 30YR 1.5% 11/01/2050#CA7587 | 0.002234 | | | FNMA 30YR 6.5% 08/01/2055#MA5794 | 0.002232 | | | US TREASURY N/B | 0.002219 | ✓ | | FREDDIE MAC POOL FR RA8415 | 0.002208 | | | US TREASURY N/B | 0.002189 | ✓ | | United Arab Emirates Government Bond | 0.002184 | | ## Sources - N-PORT (fund A) — accession `0001004726-26-001169` (as of 2025-12-31) - N-PORT (fund B) — accession `0000799127-26-000034` (as of 2026-03-31) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _