SCHZ vs BND: Complete Comparison
Schwab U.S. Aggregate Bond ETF vs Vanguard Total Bond Market ETF โ overlap, correlation, performance & risk analysis
Visual Overlap
Price Performance
Historical price comparison over 3M
๐Performance Comparison
โ๏ธHead-to-Head Comparison
๐ BND wins this comparison
Key Factors
โถAdditional Metrics (3)
Bottom line: BND wins with better expense ratio and number of holdings. Consider BND for your portfolio, but SCHZ is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
4 shared holdings representing 47.9% portfolio overlap
Top Shared Holdings
| # | Stock | SCHZ Weight | BND Weight | Overlap |
|---|---|---|---|---|
| 1 | UST-10Y U.S. Treasury Note 10Y | 8.50% | 3.95% | 3.95% |
| 2 | UST-5Y U.S. Treasury Note 5Y | 7.20% | 3.35% | 3.35% |
| 3 | UST-2Y U.S. Treasury Note 2Y | 5.40% | 2.95% | 2.95% |
| 4 | UST-7Y U.S. Treasury Note 7Y | 2.80% | 2.15% | 2.15% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in SCHZ
Unique to SCHZ
| Symbol | Name | Weight |
|---|---|---|
| UST-30Y | U.S. Treasury Bond 30Y | 5.80% |
| FNMA-MBS | FNMA Mortgage-Backed | 4.85% |
| FHLMC-MBS | FHLMC Mortgage-Backed | 3.92% |
| GNMA-MBS | GNMA Mortgage-Backed | 3.15% |
| AAA-CORP | AAA-Rated Corporate Bonds | 2.45% |
Top Holdings Only in BND
Unique to BND
| Symbol | Name | Weight |
|---|---|---|
| GNMA-30Y | GNMA 30Y MBS | 2.55% |
| FNMA-30Y | FNMA 30Y MBS | 2.35% |
| CORP-AAA | Corporate AAA Bonds | 1.95% |
| FHLMC-30Y | Freddie Mac 30Y MBS | 1.75% |
| UST-3Y | US Treasury 3Y | 1.65% |
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 holdingNormalization: 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.
๐ 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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