VSDB vs GBND overlap
VSDB and GBND overlap 1.2% by weight, across 50 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | VSDB | GBND | Overlap |
|---|---|---|---|
| Durst 2025-151 a | 0.11% | 0.40% | 0.11% |
| NYC 2026-9W57 aNYC | 0.11% | 0.40% | 0.11% |
| GEN Motors FIN | 0.11% | 0.20% | 0.11% |
| Aercap Ireland | 0.06% | 0.18% | 0.06% |
| BX 2025-ARIA a | 0.06% | 0.37% | 0.06% |
| SV RNO PropertyTRACTC | 0.05% | 0.06% | 0.05% |
| Sumisho Air LEAS | 0.05% | 0.50% | 0.05% |
| Cencora Inc. | 0.05% | 0.20% | 0.05% |
| QXO BLDG ProductBECN | 0.05% | 0.11% | 0.05% |
| Morgan Stanley 4.238%/VAR 01/09/2030 | 0.05% | 0.20% | 0.05% |
| HCA Inc. | 0.23% | 0.04% | 0.04% |
| Charter Communications Operating LLC / Charter Communications Operating Capital 3.75% 02/15/2028 | 0.11% | 0.04% | 0.04% |
| Flutter Treasury | 0.04% | 0.15% | 0.04% |
| Charter COMM OPT | 0.17% | 0.03% | 0.03% |
| Block Inc.XYZ | 0.03% | 0.07% | 0.03% |
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: VSDB, SEC Form N-PORT, June 30, 2026; GBND, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | VSDB | GBND |
|---|---|---|
| Envestnet Asset Management Inc. | $306K | $431.9M |
| Wealth Enhancement Advisory Services, LLC | $942K | $8.1M |
| Citadel Advisors LLC | $908K | $1.3M |
| MML Investors Services, LLC | $261K | $903K |
| Kestra Advisory Services, LLC | $523K | $285K |
| Mariner, LLC | $414K | $327K |
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: VSDB institutional holders, GBND institutional holders.
Frequently asked questions
How much do VSDB and GBND overlap?
1.2% by weight, with 50 holdings in common, using holdings for VSDB as of June 30, 2026 and GBND as of May 31, 2026. The largest shared position is DURST 2025-151 A.
Do institutions hold both VSDB and GBND?
6 Form 13F filers report positions in both, out of 78 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%.