BIV vs UCON
Vanguard Intermediate-Term Bond ETF against First Trust Smith Unconstrained Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
2%
37 shared positions
Fee gap
83 bp
BIV is cheaper
1-year return gap
0.6 pts
UCON is ahead
Larger fund
BIV
$28.3B
Side by side
| BIV | UCON | |
|---|---|---|
| Fund | Vanguard Intermediate-Term Bond ETF | First Trust Smith Unconstrained Bond ETF |
| Issuer | Vanguard | First Trust |
| Category | Core Bond | Core Bond |
| Expense ratio | 0.03% | 0.86% |
| Assets | $28.3B | $3.1B |
| Average daily dollar volume | $167M | $19M |
| Listed | Apr 3, 2007 | Jun 4, 2018 |
| FrenzyCap score | 99 | 60 |
| 1-month return | −1.1% | −2.2% |
| 3-month return | −2.7% | −2.9% |
| Year to date | −5.8% | −5.4% |
| 1-year return | −6.8% | −6.2% |
| 30-day volatility | 5.3% | 5.0% |
| Worst drawdown, 1 year | −8.2% | −6.3% |
| Trailing 12-month yield | 4.49% | 4.83% |
| Holdings | 2,381 | 454 |
| Top 10 weight | 20.6% | 13.7% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$778M thru Jun 2026 | +$65M thru May 2026 |
| 30-day implied volatility | 10.1% | — |
| Holdings as of | as of Sep 30, 2026issuer data | as of Oct 20, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
3% of BIV · 9% of UCON| Holding | BIV | UCON |
|---|---|---|
| United States Treasury Note/Bond 4.375%, due May 15, 2036 | 2.06% | 1.03% |
| Oracle Corp 5.7%, due Feb 4, 2036 | 0.10% | 0.13% |
| Wells Fargo & Co 5.605%, due Apr 23, 2036 | 0.09% | 0.20% |
| Citigroup Inc 5.86%, due Sep 24, 2037 | 0.08% | 0.11% |
| Boeing Co/The 6.528%, due May 1, 2034 | 0.07% | 0.48% |
| RTX Corp 6.1%, due Mar 15, 2034 | 0.07% | 0.25% |
| Alphabet Inc 4.7%, due Nov 15, 2035 | 0.06% | 0.23% |
| Goldman Sachs Group Inc/The 5.016%, due Oct 23, 2035 | 0.05% | 0.16% |
| JPMorgan Chase & Co 5.193%, due Feb 5, 2037 | 0.05% | 0.34% |
| Morgan Stanley 5.297%, due Apr 20, 2037 | 0.05% | 0.41% |
| Synopsys Inc 5.15%, due Apr 1, 2035 | 0.04% | 0.24% |
| US Bancorp 4.839%, due Feb 1, 2034 | 0.05% | 0.04% |
| US Bancorp 2.491%, due Nov 3, 2036 | 0.03% | 0.36% |
| Ecolab Inc 5.35%, due Jun 15, 2036 | 0.03% | 0.20% |
| PNC Financial Services Group Inc/The 5.423%, due Jan 25, 2041 | 0.03% | 0.34% |
| Cemex SAB de CV 5.75%, due Jun 5, 2036 | 0.03% | 0.20% |
| PNC Financial Services Group Inc/The 5.463%, due Jul 21, 2037 | 0.02% | 0.15% |
| Sysco Holdings Corp/ Sysco Corp 5.95%, due Jun 6, 2036 | 0.02% | 0.16% |
| Charter Communications Operating LLC / Charter Communications Operating Capital 6.05%, due Feb 15, 2032 | 0.02% | 0.26% |
| General Motors Co 6.25%, due Apr 15, 2035 | 0.02% | 0.19% |
| JPMorgan Chase & Co 5.803%, due Jul 23, 2041 | 0.02% | 0.25% |
| Goldman Sachs Group Inc/The 5.387%, due Feb 2, 2041 | 0.02% | 0.24% |
| Accenture Capital Inc 5.6%, due Jul 10, 2036 | 0.02% | 0.12% |
| Fiserv Inc 5.25%, due Aug 11, 2035 | 0.02% | 0.22% |
| Wells Fargo & Co 5.499%, due Jan 23, 2035 | 0.02% | 0.14% |
Sector mix of the stock holdings
| Sector | BIV | UCON | Gap |
|---|---|---|---|
| Utilities | 0.0% | 0.2% | −0.2% |
More: full overlap table · BIV holdings · UCON holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.