VGLT vs SPAB overlap

VGLT and SPAB overlap 9.6% by weight, across 73 shared holdings.

VGLTSPAB

Pick 2 to 4 ETFs.

9.6%

overlap by weight, across 73 shared holdings

VGLT86.9% of the fund is in shared holdings, of 97

SPAB9.6% of the fund is in shared holdings, of 8,285

Top shared holdings

Holding	VGLT	SPAB	Overlap
US Treasury N/BT	1.34%	0.32%	0.32%
US Treasury N/B	1.16%	0.26%	0.26%
US Treasury N/BT	1.36%	0.26%	0.26%
US Treasury N/BT	2.22%	0.25%	0.25%
US Treasury N/BT	2.17%	0.25%	0.25%
US Treasury N/B	2.17%	0.24%	0.24%
US Treasury N/BT	1.37%	0.24%	0.24%
US Treasury N/B	2.21%	0.23%	0.23%
US Treasury N/B	2.04%	0.23%	0.23%
US Treasury N/BT	2.21%	0.23%	0.23%
US Treasury N/B	1.08%	0.22%	0.22%
US Treasury N/B	1.26%	0.22%	0.22%
US Treasury N/BT	1.40%	0.21%	0.21%
US Treasury N/B	1.40%	0.21%	0.21%
US Treasury N/B	1.09%	0.21%	0.21%

Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: VGLT, SEC Form N-PORT, May 31, 2026; SPAB, SEC Form N-PORT, June 30, 2026.

170

institutions report holding both, of 827 holding any

VGLT55.0% of its 13F dollars, 37.0% of its 460 holders

SPAB49.3% of its 13F dollars, 31.7% of its 537 holders

Largest institutions holding both

Firm	VGLT	SPAB
Empower Advisory Group, LLC	$933.6M	$4.0M
LPL Financial LLC	$139.4M	$646.4M
Morgan Stanley	$675.2M	$68.6M
Bank of America Corp.	$289.7M	$182.0M
Envestnet Asset Management Inc.	$194.8M	$251.6M
Ameriprise Financial Inc.	$387.4M	$7.5M
Cerity Partners LLC	$4.9M	$367.6M
RiverFront Investment Group, LLC	$205K	$199.3M
Tidal Investments LLC	$12.5M	$142.6M
Raymond James Financial Inc.	$50.8M	$74.9M
Osaic Holdings, Inc.	$7.9M	$116.3M
JPMorgan Chase & Co	$49.7M	$66.3M
Wealth Enhancement Advisory Services, LLC	$18.5M	$66.7M
Cambridge Investment Research Advisors, Inc.	$29.3M	$52.1M
UBS Group AG	$61.0M	$10.7M

This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.

Who owns them: VGLT institutional holders, SPAB institutional holders.

Frequently asked questions

How much do VGLT and SPAB overlap?

9.6% by weight, with 73 holdings in common, using holdings for VGLT as of May 31, 2026 and SPAB as of June 30, 2026. The largest shared position is T.

Do institutions hold both VGLT and SPAB?

170 Form 13F filers report positions in both, out of 827 that report either one.

How is overlap by weight worked out?

For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.