Vanguard Total Bond Market ETF
Tracks Bloomberg US Aggregate Float Adjusted
The four numbers that price an ETF.
What the ETF actually owns.
From the most recent SEC N-PORT filing. The top-10 weight tells you how concentrated the fund is — broad-market trackers run 25-30%, single-theme funds often 50-70%.
| # | Holding | Weight | Value (USD) | Asset class |
|---|---|---|---|---|
| 1 | Vanguard Cmt Funds-Vanguard Market Liquidity Fund | 1.07% | $4.12 B | STIV |
| 2 | United States Treasury Note/Bond | 0.35% | $1.36 B | DBT |
| 3 | Federal Home Loan Banks | 0.10% | $382 M | DBT |
| 4 | Fannie Mae or Freddie Mac | 0.05% | $180 M | ABS-MBS |
| 5 | Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc | 0.03% | $127 M | DBT |
| 6 | Federal Home Loan Mortgage Corp | 0.03% | $109 M | DBT |
| 7 | Federal National Mortgage Association | 0.02% | $86 M | DBT |
| 8 | Pfizer Investment Enterprises Pte Ltd | 0.02% | $69 M | DBT |
| 9 | Wells Fargo Commercial Mortgage Trust 2026-5C8 | 0.02% | $69 M | ABS-MBS |
| 10 | Deutsche Telekom International Finance BV | 0.02% | $67 M | DBT |
| 11 | Barclays PLC | 0.02% | $67 M | DBT |
| 12 | European Investment Bank | 0.02% | $66 M | DBT |
| 13 | Newmont Corp / Newcrest Finance Pty Ltd | 0.02% | $61 M | DBT |
| 14 | Inter-American Development Bank | 0.02% | $58 M | DBT |
| 15 | Microchip Technology Inc | 0.01% | $58 M | DBT |
| 16 | Republic of Poland Government International Bond | 0.01% | $55 M | DBT |
| 17 | Bell Telephone Co of Canada or Bell Canada | 0.01% | $53 M | DBT |
| 18 | Anheuser-Busch InBev Worldwide Inc | 0.01% | $50 M | DBT |
| 19 | Dominion Energy Inc | 0.01% | $49 M | DBT |
| 20 | Province of Quebec Canada | 0.01% | $49 M | DBT |
| 21 | Centene Corp | 0.01% | $46 M | DBT |
| 22 | Nomura Holdings Inc | 0.01% | $45 M | DBT |
| 23 | Canada Government International Bond | 0.01% | $45 M | DBT |
| 24 | AstraZeneca PLC | 0.01% | $44 M | DBT |
| 25 | Medtronic Inc | 0.01% | $43 M | DBT |
What we measure and what we leave out.
Data sources: SEC EDGAR N-PORT filings (holdings + filing-date timestamp); issuer fact sheets for expense ratio + AUM + inception; Yahoo Finance for daily NAV.
Expense ratio is the single biggest forward predictor of long-horizon performance. A 0.03% expense ratio compounds to a fundamentally different outcome than a 0.95% expense ratio over 25 years — even if the underlying index is identical.
Concentration risk lives in the top-10 weight. For broad-market trackers (VOO, VTI, SPY) the top-10 sits around 28-32%. For thematic funds — semiconductors, AI, cannabis — top-10 often crosses 60%. A "sector tilt" with 60% in 10 names is closer to active stock-picking than passive index exposure.
LRS + tax for Indian investors: US-listed ETFs are securities for Indian-tax purposes — held > 24 months = LTCG @ 12.5%, ≤ 24 months = slab-rate STCG. Distributions are dividends taxed at slab rates (US withholds 25%, creditable via DTAA). LRS USD 250,000 / FY cap applies to each remittance.
India-listed alternative: for S&P 500 / NASDAQ-100 exposure without LRS friction, see India-listed ETFs at /etfs/ (Motilal Oswal, Mirae, Nippon, etc. variants). Higher TER but no LRS hassle and INR-settled.
What this page does not model: tracking error vs underlying index, premium/discount to NAV, bid-ask spread on-exchange, currency-hedged variants (e.g. JPST-hedged), securities lending revenue (which subsidises some expense ratios).
ETF NAVs, tracking error and AUM are computed from AMFI disclosures. ETFs are subject to market risk and tracking-error risk. MintByte is an AMFI-registered mutual fund distributor (ARN-314872). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Not investment advice. Methodology · How we earn.