# Portfolio overlap — VBTLX vs IUSB

Comparing **VANGUARD TOTAL BOND MARKET INDEX FUND** (2026-03-31) and **iShares Core Universal USD Bond ETF** (2026-01-31).

- Shared positions: 8758
- VANGUARD TOTAL BOND MARKET INDEX FUND covered by iShares Core Universal USD Bond ETF: 0.5558975539614412729033688610
- iShares Core Universal USD Bond ETF covered by VANGUARD TOTAL BOND MARKET INDEX FUND: 0.5558975539614412729033688608

## VANGUARD TOTAL BOND MARKET INDEX FUND — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Vanguard Market Liquidity Fund | 0.010685 |  |
| US TREASURY N/B | 0.004799 | ✓ |
| US TREASURY N/B | 0.004211 | ✓ |
| US TREASURY N/B | 0.004208 | ✓ |
| US TREASURY N/B | 0.004193 | ✓ |
| US TREASURY N/B | 0.004153 | ✓ |
| US TREASURY N/B | 0.004130 | ✓ |
| US TREASURY N/B | 0.004051 | ✓ |
| US TREASURY N/B | 0.003950 | ✓ |
| US TREASURY N/B | 0.003933 | ✓ |
| US TREASURY N/B | 0.003650 | ✓ |
| US TREASURY N/B | 0.003636 | ✓ |
| US TREASURY N/B | 0.003633 | ✓ |
| US TREASURY N/B | 0.003529 | ✓ |
| US TREASURY N/B | 0.003528 | ✓ |
| US TREASURY N/B | 0.003509 | ✓ |
| US TREASURY N/B | 0.003423 | ✓ |
| US TREASURY N/B | 0.003304 | ✓ |
| US TREASURY N/B | 0.003245 | ✓ |
| US TREASURY N/B | 0.003239 | ✓ |
| US TREASURY N/B | 0.003235 | ✓ |
| US TREASURY N/B | 0.003207 | ✓ |
| US TREASURY N/B | 0.003188 | ✓ |
| US TREASURY N/B | 0.003167 | ✓ |
| US TREASURY N/B | 0.003117 | ✓ |
| US TREASURY N/B | 0.003086 | ✓ |
| US TREASURY N/B | 0.002885 | ✓ |
| US TREASURY N/B | 0.002751 | ✓ |
| US TREASURY N/B | 0.002746 | ✓ |
| US TREASURY N/B | 0.002725 | ✓ |
| US TREASURY N/B | 0.002602 | ✓ |
| US TREASURY N/B | 0.002428 | ✓ |
| US TREASURY N/B | 0.002421 | ✓ |
| US TREASURY N/B | 0.002415 | ✓ |
| US TREASURY N/B | 0.002412 | ✓ |
| US TREASURY N/B | 0.002401 | ✓ |
| US TREASURY N/B | 0.002394 | ✓ |
| US TREASURY N/B | 0.002392 | ✓ |
| US TREASURY N/B | 0.002360 | ✓ |
| US TREASURY N/B | 0.002358 | ✓ |
| US TREASURY N/B | 0.002330 | ✓ |
| US TREASURY N/B | 0.002312 | ✓ |
| US TREASURY N/B | 0.002295 | ✓ |
| US TREASURY N/B | 0.002286 | ✓ |
| US TREASURY N/B | 0.002284 | ✓ |
| US TREASURY N/B | 0.002276 | ✓ |
| US TREASURY N/B | 0.002272 | ✓ |
| US TREASURY N/B | 0.002256 | ✓ |
| US TREASURY N/B | 0.002244 |  |
| US TREASURY N/B | 0.002240 | ✓ |

## iShares Core Universal USD Bond ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Blackrock Liquidity TempCash Inst | 0.023010 |  |
| BlackRock Cash Funds: Treasury, SL Agency Shares | 0.007770 |  |
| US TREASURY N/B | 0.003831 | ✓ |
| US TREASURY N/B | 0.003785 | ✓ |
| US TREASURY N/B | 0.003777 | ✓ |
| US TREASURY N/B | 0.003775 | ✓ |
| US TREASURY N/B | 0.003711 | ✓ |
| US TREASURY N/B | 0.003708 | ✓ |
| US TREASURY N/B | 0.003548 | ✓ |
| US TREASURY N/B | 0.003495 | ✓ |
| US TREASURY N/B | 0.003432 | ✓ |
| US TREASURY N/B | 0.003366 | ✓ |
| FN MA4018 | 0.003335 | ✓ |
| US TREASURY N/B | 0.003275 | ✓ |
| US TREASURY N/B | 0.003210 | ✓ |
| US TREASURY N/B | 0.003197 | ✓ |
| US TREASURY N/B | 0.003052 | ✓ |
| US TREASURY N/B | 0.002966 | ✓ |
| US TREASURY N/B | 0.002932 | ✓ |
| US TREASURY N/B | 0.002756 | ✓ |
| US TREASURY N/B | 0.002756 | ✓ |
| US TREASURY N/B | 0.002717 | ✓ |
| US TREASURY N/B | 0.002668 | ✓ |
| US TREASURY N/B | 0.002655 | ✓ |
| US TREASURY N/B | 0.002640 | ✓ |
| US TREASURY N/B | 0.002620 | ✓ |
| US TREASURY N/B | 0.002614 | ✓ |
| US TREASURY N/B | 0.002590 | ✓ |
| US TREASURY N/B | 0.002588 | ✓ |
| US TREASURY N/B | 0.002547 | ✓ |
| US TREASURY N/B | 0.002547 | ✓ |
| US TREASURY N/B | 0.002473 | ✓ |
| US TREASURY N/B | 0.002452 | ✓ |
| US TREASURY N/B | 0.002428 |  |
| US TREASURY N/B | 0.002422 | ✓ |
| US TREASURY N/B | 0.002419 | ✓ |
| US TREASURY N/B | 0.002404 | ✓ |
| US TREASURY N/B | 0.002394 | ✓ |
| US TREASURY N/B | 0.002390 | ✓ |
| US TREASURY N/B | 0.002343 |  |
| US TREASURY N/B | 0.002333 | ✓ |
| US TREASURY N/B | 0.002294 | ✓ |
| US TREASURY N/B | 0.002260 | ✓ |
| US TREASURY N/B | 0.002248 | ✓ |
| US TREASURY N/B | 0.002241 | ✓ |
| US TREASURY N/B | 0.002226 | ✓ |
| US TREASURY N/B | 0.002211 | ✓ |
| G2 MA7192 | 0.002184 | ✓ |
| US TREASURY N/B | 0.002144 | ✓ |
| US TREASURY N/B | 0.002127 | ✓ |


## Sources

- N-PORT (fund A) — accession `0000794105-26-000185` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/794105/000079410526000185/0000794105-26-000185-index.htm>
- N-PORT (fund B) — accession `0002071691-26-007327` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/1100663/000207169126007327/0002071691-26-007327-index.htm>

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_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._

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