# Portfolio overlap — VTILX vs LEMB Comparing **VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND** (2026-01-31) and **iShares J.P. Morgan EM Local Currency Bond ETF** (2026-01-31). - Shared positions: 235 - VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND covered by iShares J.P. Morgan EM Local Currency Bond ETF: 0.05925308282756059226480078716 - iShares J.P. Morgan EM Local Currency Bond ETF covered by VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND: 0.05925308282756059226480078713 ## VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND — top positions | Security | Weight | Shared | |----------|--------|--------| | Vanguard Market Liquidity Fund | 0.032070 | | | French Republic Government Bonds OAT | 0.004936 | | | UNITED KINGDOM GILT GBP REG S 4.125% 07-22-29 | 0.003896 | | | UNITED KINGDOM GILT GBP REG S 4.375% 03-07-30 | 0.003726 | | | French Republic Government Bonds OAT | 0.003645 | | | GERMANY FEDERAL REPUBLIC OF 2.4% 11/15/2030 REGS | 0.003563 | | | French Republic Government Bonds OAT | 0.003366 | | | French Republic Government Bonds OAT | 0.003255 | | | UNITED KINGDOM GILT 3.750000% 03/07/2027 | 0.003227 | | | GERMANY FEDERAL REPUBLIC OF 2.6% 08/15/2035 REGS | 0.003123 | | | ITALY REPUBLIC OF 3.35% 07/01/2029 REGS | 0.003108 | | | French Republic Government Bonds OAT | 0.003076 | | | SPANISH GOV'T | 0.003029 | | | UNITED KINGDOM GILT GBP REG S 4.5% 06-07-28 | 0.003006 | | | UTD KINGDOM GILT GBP REG S 3.75% 01-29-38 | 0.002957 | | | French Republic Government Bonds OAT | 0.002905 | | | French Republic Government Bonds OAT | 0.002846 | | | GERMANY FEDERAL REPUBLIC OF 2.6% 08/15/2034 REGS | 0.002725 | | | French Republic Government Bonds OAT | 0.002708 | | | United Kingdom of Great Britain and Northern Ireland | 0.002683 | | | ITALY REPUBLIC OF 4.1% 02/01/2029 REGS | 0.002525 | | | United Kingdom Gilt | 0.002492 | | | Gouvernement De France | 0.002425 | | | Gouvernement De France | 0.002286 | | | ITALY REPUBLIC OF 3.45% 07/15/2031 REGS | 0.002225 | | | French Republic Government Bonds OAT | 0.002225 | | | SPANISH GOV'T | 0.002208 | | | US ULTRA BOND CBT Sep25 | 0.002205 | | | ITALY REPUBLIC OF 3% 10/01/2029 REGS | 0.002169 | | | ITALY REPUBLIC OF 3.15% 11/15/2031 144A REGS | 0.002161 | | | French Republic Government Bonds OAT | 0.002142 | | | French Republic Government Bonds OAT | 0.002122 | | | DEUTSCHLAND REP | 0.002020 | | | GERMANY FEDERAL REPUBLIC OF 1.3% 10/15/2027 REGS | 0.002010 | | | SPANISH GOV'T | 0.001982 | | | GERMANY FEDERAL REPUBLIC OF 0% 08/15/2031 REGS | 0.001949 | | | UNITED KINGDOM GILT 0.875000% 07/31/2033 | 0.001863 | | | SPANISH GOV'T | 0.001862 | | | SPANISH GOV'T | 0.001849 | | | EUROPEAN UNION | 0.001848 | | | ITALY REPUBLIC OF 3.85% 02/01/2035 REGS | 0.001841 | | | United Kingdom of Great Britain and Northern Ireland | 0.001837 | | | French Republic Government Bonds OAT | 0.001827 | | | ITALY REPUBLIC OF 3.8% 08/01/2028 REGS | 0.001811 | | | ITALY REPUBLIC OF 3.6% 10/01/2035 REGS | 0.001810 | | | French Republic Government Bonds OAT | 0.001791 | | | French Republic Government Bonds OAT | 0.001776 | | | French Republic Government Bonds OAT | 0.001715 | | | French Republic Government Bonds OAT | 0.001713 | | | GERMANY FEDERAL REPUBLIC OF 2.4% 10/19/2028 REGS | 0.001706 | | ## iShares J.P. Morgan EM Local Currency Bond ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | URUGUAY REPUBLICA ORIENTAL DL 9.75% 07/20/2033 | 0.013935 | | | Dominican Republic International Bond | 0.013487 | | | Serbia Treasury Bonds | 0.011289 | | | Dominican Republic International Bonds | 0.011116 | | | URUGUAY GOVERNMENT INTERNATION SR UNSECURED 10/35 8 | 0.011059 | | | Turkiye Government Bond 30.00 09/12/2029 | 0.011002 | | | URUGUAY REPUBLICA ORIENTAL DL 8.25% 05/21/2031 | 0.010814 | | | Serbia Treasury Bonds | 0.009768 | | | Serbia Treasury Bonds | 0.009536 | | | Serbia Treasury Bonds | 0.009107 | | | TURKIYE GOVERNMENT BOND TRY 26.2% 10-05-33 | 0.007956 | | | Dominican Republic International Bonds | 0.007693 | | | Dominican Republic International Bond | 0.007466 | | | Presidencia da Republica | 0.007142 | | | SOUTH AFRICA REPUBLIC OF 8.75% 02/28/2048 | 0.007054 | | | TESORERIA PESOS | 0.006865 | ✓ | | PERU REPUBLIC OF 7.3% 08/12/2033 144A REGS | 0.006323 | ✓ | | TURKIYE GOVERNMENT BOND TRY 31.08% 11-08-28 | 0.006284 | | | BRAZIL LETRAS DO TESOURO NACIONAL 0% 01/01/2029 | 0.005955 | | | SOUTH AFRICA REPUBLIC OF 8.875% 02/28/2035 | 0.005643 | | | MEXICAN BONOS MXN 7.75% 05-29-31 | 0.005566 | ✓ | | Presidencia da Republica | 0.005459 | | | TITULOS DE TESORERIA 13.250000% 02/09/2033 | 0.005398 | | | PERU REPUBLIC OF 6.15% 08/12/2032 | 0.005375 | ✓ | | PERU REPUBLIC OF 6.9% 08/12/2037 | 0.005241 | ✓ | | SOUTH AFRICA REPUBLIC OF 8.25% 03/31/2032 | 0.005235 | | | MEXICO UNITED MEXICAN STATES 8.5% 03/01/2029 | 0.005210 | ✓ | | SOUTH AFRICA REPUBLIC OF 8.5% 01/31/2037 | 0.005135 | | | PERU REPUBLIC OF 5.4% 08/12/2034 | 0.005109 | ✓ | | TESORERIA PESOS | 0.005036 | ✓ | | PERU REPUBLIC OF 6.85% 08/12/2035 144A REGS | 0.004973 | ✓ | | SOUTH AFRICA REPUBLIC OF 8% 01/31/2030 | 0.004880 | | | MEXICO UNITED MEXICAN STATES 7.75% 11/13/2042 | 0.004786 | ✓ | | MEXICO UNITED MEXICAN STATES 8.5% 05/31/2029 | 0.004761 | ✓ | | MEXICO UNITED MEXICAN STATES 7.75% 11/23/2034 | 0.004728 | ✓ | | Presidencia de la Republica de Chile | 0.004716 | | | South Africa, Parliament of | 0.004673 | | | Presidencia da Republica | 0.004606 | | | Presidencia de la Republica de Chile | 0.004587 | | | Urzad Rady Ministrow | 0.004585 | ✓ | | South Africa, Parliament of | 0.004582 | | | HUNGARY REPUBLIC OF 6.75% 10/22/2028 | 0.004537 | ✓ | | MEXICO UNITED MEXICAN STATES 8% 07/31/2053 | 0.004415 | ✓ | | Republic of India | 0.004413 | | | URUGUAY REPUBLICA ORIENTAL DL 8.5% 03/15/2028 REGS | 0.004376 | | | Urzad Rady Ministrow | 0.004362 | ✓ | | Colombia Titulos de Tesoreria, Series B | 0.004212 | | | Presidencia da Republica | 0.004121 | | | TESORERIA PESOS | 0.004111 | ✓ | | Republic of India | 0.004106 | | ## Sources - N-PORT (fund A) — accession `0001532203-26-000042` (as of 2026-01-31) - N-PORT (fund B) — accession `0001410368-26-031750` (as of 2026-01-31) --- _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 _