Betterment LLC Portfolio holdings
Betterment LLC is the investment adviser of Betterment, an automated service for individual investors, employer 401(k) plans and financial advisers. Jon Stein and Eli Broverman founded Betterment in 2008, and Stein served as chief executive until December 2020, when Sarah Levy, a former Viacom Media Networks chief operating officer, took over. Its portfolios are generally globally diversified mixes of stocks and bonds, with algorithm-driven advice and licensed advisers by phone for those who want help. Betterment has also grown by acquisition, taking over Goldman Sachs' Marcus Invest accounts in 2024 and Ellevest's automated investing business in 2025.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Core Plus Bond ETF
JCPB
|
+$1.04B |
| 2 |
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$534M |
| 3 |
iShares National Muni Bond ETF
MUB
|
+$156M |
| 4 |
Vanguard Emerging Markets Government Bond ETF
VWOB
|
+$122M |
| 5 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$55.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core US Aggregate Bond ETF
AGG
|
+$820M |
| 2 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$208M |
| 3 |
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
|
+$85.8M |
| 4 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$76M |
| 5 |
Vanguard Morningstar Mid-Cap Value ETF
VOE
|
+$45.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 99.83% |
| 2 | Technology | 0.08% |
| 3 | Communication Services | 0.02% |
| 4 | Consumer Discretionary | 0.02% |
| 5 | Industrials | 0.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
351
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
$603M
| $978K | ﹤0.01% |
10,499
-13,503
| -56% | -$1.26M |
2025 Q3
3 quarters
|
|
352
WisdomTree Emerging Markets SmallCap Dividend Fund
DGS
$1.62B
| $973K | ﹤0.01% |
15,038
+176
| +1% | +$11.3K |
2021 Q4
18 quarters
|
|
353
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
$4.81B
| $971K | ﹤0.01% |
8,902
-208
| -2% | -$21.4K |
2018 Q4
30 quarters
|
|
354
Vanguard S&P Mid-Cap 400 ETF
IVOO
$3.8B
| $963K | ﹤0.01% |
7,382
-1,499
| -17% | -$186K |
2024 Q4
6 quarters
|
|
355
iShares Core S&P US Growth ETF
IUSG
$33.7B
| $958K | ﹤0.01% |
5,093
-747
| -13% | -$135K |
2023 Q1
13 quarters
|
|
356
iShares JPMorgan EM Local Currency Bond ETF
LEMB
$773M
| $957K | ﹤0.01% |
+22,550
| New | +$947K |
2026 Q2
0 quarters
|
|
357
Victory Portfolios II VictoryShares Short-Term Bond ETF
USTB
$2.76B
| $955K | ﹤0.01% |
18,868
+5,803
| +44% | +$294K |
2024 Q3
7 quarters
|
|
358
Cambria Foreign Shareholder Yield ETF
FYLD
$755M
| $953K | ﹤0.01% |
26,117
-372
| -1% | -$14.2K |
2016 Q4
38 quarters
|
|
359
Aptus Collared Investment Opportunity ETF
ACIO
$2.38B
| $951K | ﹤0.01% |
20,621
-818
| -4% | -$37.2K |
2025 Q1
5 quarters
|
|
360
abrdn Physical Gold Shares ETF
SGOL
$6.81B
| $949K | ﹤0.01% |
24,815
+76
| +0.3% | +$3.27K |
2016 Q4
38 quarters
|
|
361
Schwab Short-Term US Treasury ETF
SCHO
$15.6B
| $948K | ﹤0.01% |
39,290
+5,121
| +15% | +$124K |
2025 Q4
2 quarters
|
|
362
Calamos Bitcoin 80 Series Structured Alt Protection ETF - January
CBTJ
$26.3M
| $948K | ﹤0.01% |
54,926
-28,643
| -34% | -$550K |
2025 Q1
5 quarters
|
|
363
iShares MSCI EAFE Small-Cap ETF
SCZ
$12.9B
| $938K | ﹤0.01% |
11,396
+738
| +7% | +$61.8K |
2023 Q4
10 quarters
|
|
364
Aptus Defined Risk ETF
DRSK
$1.39B
| $930K | ﹤0.01% |
32,356
+2,719
| +9% | +$78.3K |
2025 Q2
4 quarters
|
|
365
Sandisk
SNDK
$203B
| $928K | ﹤0.01% |
408
-173
| -30% | -$247K |
2026 Q1
1 quarter
|
|
366
iShares US Aerospace & Defense ETF
ITA
$12.1B
| $926K | ﹤0.01% |
3,821
-662
| -15% | -$151K |
2025 Q4
2 quarters
|
|
367
Invesco S&P MidCap Value with Momentum ETF
XMVM
$521M
| $926K | ﹤0.01% |
13,060
+2,506
| +24% | +$173K |
2025 Q4
2 quarters
|
|
368
Invesco S&P International Developed Low Volatility ETF
IDLV
$330M
| $925K | ﹤0.01% |
26,817
+6,744
| +34% | +$236K |
2025 Q4
2 quarters
|
|
369
Fidelity Enhanced Mid Cap Core ETF
FMDE
$8.56B
| $918K | ﹤0.01% |
22,630
+1,620
| +8% | +$63K |
2025 Q2
4 quarters
|
|
370
Vanguard 0-3 Month Treasury Bill ETF
VBIL
$11.4B
| $915K | ﹤0.01% |
12,094
+7,471
| +162% | +$565K |
2026 Q1
1 quarter
|
|
371
iShares Gold Trust Micro
IAUM
$6.45B
| $911K | ﹤0.01% |
22,776
+5,224
| +30% | +$235K |
2025 Q4
2 quarters
|
|
372
NEOS S&P 500 High Income ETF
SPYI
$12.6B
| $901K | ﹤0.01% |
16,977
+4,738
| +39% | +$249K |
2025 Q4
2 quarters
|
|
373
Dimensional US Marketwide Value ETF
DFUV
$15.6B
| $892K | ﹤0.01% |
16,214
-492
| -3% | -$25.8K |
2024 Q2
8 quarters
|
|
374
iShares Russell 2500 ETF
SMMD
$4.14B
| $892K | ﹤0.01% |
9,731
+4,648
| +91% | +$399K |
2026 Q1
1 quarter
|
|
375
Invesco S&P 500 Quality ETF
SPHQ
$18.8B
| $892K | ﹤0.01% |
9,902
+556
| +6% | +$46.2K |
2024 Q2
8 quarters
|
|
Similar funds
Betterment LLC's Q2 2026 Portfolio in Review
As of Q2 2026, Betterment LLC held 691 positions worth $59.1B, up 12% from $52.8B the previous quarter. Its ten largest holdings account for 67% of the portfolio.
Betterment LLC's Q2 2026 filing shows 76 new, 406 increased, 192 reduced and 16 closed positions. Its largest new stake was iShares Euro High Yield Corporate Bond USD Hedged ETF: 224,944 shares worth $12.1M. The largest sale was iShares Core US Aggregate Bond ETF, an estimated $820M.
By sector, the portfolio is most concentrated in Miscellaneous at 100% of assets, down from 100% a quarter earlier, followed by Technology and Communication Services.
- Betterment LLC's largest Q2 2026 buy was iShares Euro High Yield Corporate Bond USD Hedged ETF: 224,944 shares worth $12.1M.
- Betterment LLC added most to JPMorgan Core Plus Bond ETF in Q2 2026, an estimated $1.04B increase.
- Betterment LLC's biggest Q2 2026 reduction was iShares Core US Aggregate Bond ETF, cutting an estimated $820M.
- Betterment LLC fully exited iShares ESG Advanced Universal USD Bond ETF in Q2 2026, selling an estimated $1.04M.
- Betterment LLC's ten largest holdings make up 67% of its $59.1B portfolio in Q2 2026.
- Betterment LLC opened 76 new positions and closed 16 in Q2 2026.
- Betterment LLC's portfolio value rose 12% quarter-over-quarter to $59.1B.
Based on Betterment LLC's 13F filing for Q2 2026, filed 14 Aug 2026.