BSV vs VCIT: 21% overlap
Vanguard Short-Term Bond ETF and Vanguard Intermediate-Term Corporate Bond ETF share 21.1% of their portfolios by weight — computed as Σ min(wA, wB) over every holding both funds own.
You would hold two tickers and get the diversification of 1.8. Two funds that shared nothing would score 2.0; two identical funds score 1.0.
Top shared holdings
BSV and VCIT hold 616 of the same securities. The ten contributing most to the overlap figure:
| Holding | in BSV | in VCIT | Δ |
|---|---|---|---|
| 46647P | 0.7% | 2.7% | 2.0% |
| 06051G | 0.6% | 2.4% | 1.8% |
| 38141G | 0.4% | 1.6% | 1.2% |
| 404280 | 0.4% | 1.6% | 1.2% |
| 95000U | 0.4% | 1.6% | 1.2% |
| 61747Y | 0.3% | 2.0% | 1.7% |
| 37045X | 0.3% | 0.5% | 0.2% |
| 172967 | 0.3% | 1.0% | 0.7% |
| 023135 | 0.2% | 1.0% | 0.7% |
| 06738E | 0.2% | 0.8% | 0.5% |
Where BSV and VCIT differ
Sector weights as a share of each fund, ordered by the size of the gap rather than the size of the sector — two funds that overlap heavily still usually diverge somewhere.
| Sector | BSV | VCIT | Δ |
|---|---|---|---|
| Treasuries | 69.4% | 0.0% | +69.4pp |
| Corporate — industrial & other | 12.6% | 52.7% | −40.1pp |
| Financials | 10.0% | 36.8% | −26.7pp |
| Utilities | 1.8% | 10.0% | −8.2pp |
| Supranational | 2.5% | 0.0% | +2.5pp |
| Agency | 1.2% | 0.0% | +1.2pp |
| Sovereign | 0.8% | 0.0% | +0.8pp |
| Cash and/or Derivatives | 0.7% | 0.1% | +0.6pp |
Δ is BSV minus VCIT, in percentage points. Sector data is not published by every issuer, so “Unclassified” is a real category rather than a gap in the table.
What each fund holds alone
49.4% of BSV by weight, held in no part of VCIT.
7.8% of VCIT by weight, held in no part of BSV.
A large count with a small weight is the usual shape: the positions one fund adds are typically its smallest ones.
Concentration and cost
| BSV | VCIT | |
|---|---|---|
| Top 10 holdings | 73.8% | 16.6% |
| Positions held | 960 | 824 |
| Cost per $10,000 held, per year | $3 | $3 |
Cost is the expense ratio applied to $10,000; it excludes any brokerage commission, bid-ask spread or tax consequence. Figures are facts about the funds, not a suggestion about which to hold.
Frequently asked
How much do BSV and VCIT overlap?
BSV and VCIT overlap 21.1% by portfolio weight — moderate overlap. They share 616 holdings. The figure comes from current issuer holdings files (BSV as of 2026-06-30, VCIT as of 2026-06-30).
How is the overlap between BSV and VCIT calculated?
As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If BSV holds a stock at 6% and VCIT holds the same stock at 4%, 4% counts as shared. The result is bounded between 0% and 100%, and it is computed after looking through any fund-of-funds to the underlying holdings.
Is it redundant to hold both BSV and VCIT?
That depends on your goals — we state facts, not advice. At 21.1% overlap, each fund still contributes meaningfully distinct exposure.
What does BSV own that VCIT doesn't?
BSV holds 960 positions and VCIT holds 824; 344 of BSV's positions don't appear in VCIT at all, and they are 49.4% of BSV by weight.
You probably hold more than two funds
This page compares BSV and VCIT. Paste your whole portfolio — brokerage, 401(k), IRA — and see the overlap across every fund at once, plus what you actually own underneath them and your own Effective Funds number. Free, no account, nothing stored.
X-ray my portfolio — free →Watch BSV vs VCIT
We re-read both funds’ published holdings every weeknight. Leave an address and we'll tell you when what's inside actually changes.
Not sending yet — email alerts are built but switched off, and you'll be among the first when they turn on. No spam, one-click unsubscribe.
Related comparisons
Sources: issuer holdings files, BSV as of 2026-06-30, VCIT as of 2026-06-30. Weights are fractions of each fund. Diagnostics, not advice.