AGG vs BND Overlap

Comparing iShares Core U.S. Aggregate Bond ETF and Vanguard Total Bond Market ETF

Holdings Overlap
99.44%
Very High Overlap
Shared Holdings
10 of 10
Complete portfolio analysis
Calculation Method
Min Weight
Weighted intersection

Visual Overlap

AGG
BND
99.4%
AGG Only
Overlap
BND Only

Price Performance

Historical price comparison over 3M

AGG Return
+2.68%
BND Return
+2.60%
Winner
AGG
+0.08%
Max Drawdown
AGG: -1.1%
BND: -1.0%
AGG Volatility (annualized)3.24%
BND Volatility (annualized)3.19%

๐Ÿ“ˆ Comparison

Metric
AGG
BND
1 Year Return
+2.5%
+2.8%
3 Year Return
-2.8%
-2.5%
5 Year Return
+0.2%
+0.5%
Volatility
6.50%
6.20%โœ“
Expense Ratio
0.03%
0.03%
โš ๏ธ Past performance does not guarantee future results. Data may be delayed.

โš ๏ธRisk Metrics

Metric
AGG
BND
Volatility
6.50%
6.20%โœ“
Sharpe Ratio
-0.15
-0.12
Sortino Ratio
-0.18
-0.15
Max Drawdown
-18.50%
-18.20%โœ“
Beta
0.02
0.02

Interpretation:

  • ๐Ÿ“Š Lower volatility = smoother ride
  • โšก Higher Sharpe/Sortino = better risk-adjusted returns
  • โš ๏ธ Smaller max drawdown = less worst-case pain
  • ๐Ÿ“ˆ Beta > 1 = more volatile than S&P 500

โš”๏ธ Comparison

1 - 3

๐Ÿ† BND wins this comparison

Key Factors

๐Ÿ’ฐ Expense Ratio
AGG:0.03%
vs
BND:0.03%
๐ŸŽฏ Number of Holdings
AGG:11,234 holdingsโœ“
vs
BND:11,520 holdingsโœ“
๐Ÿ“ˆ 5-Year Return
AGG:+0.2%
vs
BND:+0.5%
โ–ถAdditional Metrics (5)
โš–๏ธ Concentration Risk
AGG: 23.2% in top 10
BND: 24.2% in top 10
๐Ÿ“Š Assets Under Management
AGG: $95B โœ“
BND: $105B โœ“
โšก Sharpe Ratio
AGG: -0.15
BND: -0.12
๐Ÿ“‰ Volatility
AGG: 6.5%
BND: 6.2%
๐Ÿ” Uniqueness vs SPY
AGG: 100.0% unique
BND: 100.0% unique

Bottom line: BND wins with better number of holdings. Both have the same expense ratio, so cost isn't a differentiator. Consider BND for your portfolio, but AGG is still a solid choice if you prefer its specific advantages.

Detailed Overlap Analysis

10 shared holdings representing 99.4% portfolio overlap

Top Shared Holdings

#StockAGG WeightBND WeightOverlap
1
UST-10Y
US Treasury 10Y
3.85%3.95%3.85%
2
UST-5Y
US Treasury 5Y
3.25%3.35%3.25%
3
UST-2Y
US Treasury 2Y
2.85%2.95%2.85%
4
GNMA-30Y
GNMA 30Y MBS
2.45%2.55%2.45%
5
FNMA-30Y
FNMA 30Y MBS
2.25%2.35%2.25%
6
UST-7Y
US Treasury 7Y
2.05%2.15%2.05%
7
CORP-AAA
Corporate AAA Bonds
1.85%1.95%1.85%
8
FHLMC-30Y
Freddie Mac 30Y MBS
1.65%1.75%1.65%
9
UST-3Y
US Treasury 3Y
1.55%1.65%1.55%
10
CORP-AA
Corporate AA Bonds
1.45%1.55%1.45%

Overlap by Sector

Other
10 stocks ยท 23.20% overlap

Showing top 5 sectors by overlap contribution

10
Shared Stocks
99.4%
Total Overlap
1
Sectors Represented

Price Correlation

How We Calculate Overlap

We use the minimum weight method with normalization to calculate portfolio overlap:

Overlap = ฮฃ min(weightA, weightB) for each shared holding

Normalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).

Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.

๐Ÿ“Š This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.

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