# Portfolio overlap — VGVT vs FUTBX Comparing **VANGUARD GOVERNMENT SECURITIES ACTIVE ETF** (2026-03-31) and **Fidelity SAI U.S. Treasury Bond Index Fund** (2026-02-28). - Shared positions: 88 - VANGUARD GOVERNMENT SECURITIES ACTIVE ETF covered by Fidelity SAI U.S. Treasury Bond Index Fund: 0.2216673858823432646213649483 - Fidelity SAI U.S. Treasury Bond Index Fund covered by VANGUARD GOVERNMENT SECURITIES ACTIVE ETF: 0.2216673858823432646213649484 ## VANGUARD GOVERNMENT SECURITIES ACTIVE ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | FNA 2018-M7 A2 | 0.044675 | | | US TREASURY N/B | 0.032653 | | | US TREASURY N/B | 0.026030 | ✓ | | US TREASURY N/B | 0.024479 | | | FNA 2019-M5 A2 | 0.021885 | | | Vanguard Market Liquidity Fund | 0.021116 | | | US TREASURY N/B | 0.020740 | | | FNA 2017-M15 ATS2 | 0.020297 | | | US TREASURY N/B | 0.019120 | ✓ | | FHMS K511 A2 | 0.018900 | | | US TREASURY N/B | 0.016250 | ✓ | | US TREASURY N/B | 0.016049 | ✓ | | US TREASURY N/B | 0.015993 | | | GNR 2025-192 HG | 0.014877 | | | FHMS K507 A2 | 0.014857 | | | US TREASURY N/B | 0.014172 | ✓ | | US TREASURY N/B | 0.010635 | ✓ | | US TREASURY N/B | 0.010581 | | | US TREASURY N/B | 0.010532 | | | Fannie Mae Pool | 0.010487 | | | US TREASURY N/B | 0.010369 | ✓ | | US TREASURY N/B | 0.009795 | ✓ | | US TREASURY N/B | 0.009649 | ✓ | | Government National Mortgage Association | 0.009391 | | | FNA 2018-M8 A2 | 0.009328 | | | US TREASURY N/B | 0.009064 | ✓ | | US TREASURY N/B | 0.008821 | ✓ | | US TREASURY N/B | 0.008409 | | | US TREASURY N/B | 0.008375 | ✓ | | US TREASURY N/B | 0.008180 | ✓ | | US TREASURY N/B | 0.008001 | ✓ | | US TREASURY N/B | 0.007807 | | | US TREASURY N/B | 0.007791 | ✓ | | FNA 2017-M11 A2 | 0.007760 | | | US TREASURY N/B | 0.007472 | ✓ | | FNA 2017-M13 A2 | 0.007114 | | | FHMS K070 A2 | 0.007008 | | | US TREASURY N/B | 0.006835 | ✓ | | US TREASURY N/B | 0.006784 | ✓ | | US TREASURY N/B | 0.006642 | | | US TREASURY N/B | 0.006556 | ✓ | | FHR 5343 HZ | 0.006501 | | | PMTLT 2025-INV12 A35 | 0.006408 | | | US TREASURY N/B | 0.006395 | ✓ | | US TREASURY N/B | 0.006348 | | | US TREASURY N/B | 0.006228 | ✓ | | US TREASURY N/B | 0.005820 | ✓ | | US TREASURY N/B | 0.005697 | ✓ | | US TREASURY N/B | 0.005694 | ✓ | | FN AN7218 | 0.005564 | | ## Fidelity SAI U.S. Treasury Bond Index Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | US TREASURY N/B | 0.022592 | ✓ | | US TREASURY N/B | 0.019415 | | | US TREASURY N/B | 0.018676 | ✓ | | US TREASURY N/B | 0.017948 | | | US TREASURY N/B | 0.017404 | ✓ | | US TREASURY N/B | 0.016926 | | | US TREASURY N/B | 0.015864 | | | US TREASURY N/B | 0.015027 | | | US TREASURY N/B | 0.014917 | ✓ | | US TREASURY N/B | 0.014350 | | | US TREASURY N/B | 0.014207 | | | US TREASURY N/B | 0.014101 | | | US TREASURY N/B | 0.013661 | | | US TREASURY N/B | 0.012296 | | | US TREASURY N/B | 0.012251 | ✓ | | US TREASURY N/B | 0.012003 | ✓ | | Fidelity Cash Central Fund | 0.011334 | | | US TREASURY N/B | 0.011296 | | | US TREASURY N/B | 0.011191 | | | US TREASURY N/B | 0.011186 | | | US TREASURY N/B | 0.011167 | | | US TREASURY N/B | 0.010425 | | | US TREASURY N/B | 0.010331 | | | US TREASURY N/B | 0.010288 | ✓ | | US TREASURY N/B | 0.010287 | ✓ | | US TREASURY N/B | 0.010231 | ✓ | | US TREASURY N/B | 0.009718 | | | US TREASURY N/B | 0.009611 | ✓ | | US TREASURY N/B | 0.009523 | ✓ | | US TREASURY N/B | 0.009313 | | | US TREASURY N/B | 0.009013 | | | US TREASURY N/B | 0.009013 | | | US TREASURY N/B | 0.008998 | | | US TREASURY N/B | 0.008992 | | | US TREASURY N/B | 0.008971 | | | US TREASURY N/B | 0.008882 | ✓ | | US TREASURY N/B | 0.008457 | | | US TREASURY N/B | 0.008239 | ✓ | | US TREASURY N/B | 0.008231 | ✓ | | US TREASURY N/B | 0.008164 | | | US TREASURY N/B | 0.008040 | | | US TREASURY N/B | 0.007857 | | | US TREASURY N/B | 0.007684 | | | US TREASURY N/B | 0.007676 | ✓ | | US TREASURY N/B | 0.007503 | ✓ | | US TREASURY N/B | 0.007375 | | | US TREASURY N/B | 0.007257 | | | US TREASURY N/B | 0.007127 | ✓ | | US TREASURY N/B | 0.007087 | | | US TREASURY N/B | 0.006772 | ✓ | ## Sources - N-PORT (fund A) — accession `0000836906-26-000277` (as of 2026-03-31) - N-PORT (fund B) — accession `0000035402-26-002620` (as of 2026-02-28) --- _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 _