AVMU vs VTEB
Avantis Core Municipal Fixed Income ETF against Vanguard Tax-Exempt Bond Index Fund: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
4%
375 shared positions
Fee gap
12 bp
VTEB is cheaper
1-year return gap
0.3 pts
VTEB is ahead
Larger fund
VTEB
$50.4B
Side by side
| AVMU | VTEB | |
|---|---|---|
| Fund | Avantis Core Municipal Fixed Income ETF | Vanguard Tax-Exempt Bond Index Fund |
| Issuer | Avantis | Vanguard |
| Category | National Muni | National Muni |
| Expense ratio | 0.15% | 0.03% |
| Assets | $168M | $50.4B |
| Average daily dollar volume | $1.9M | $1.6B |
| Listed | Dec 10, 2020 | Aug 21, 2015 |
| FrenzyCap score | 68 | 100 |
| 1-month return | +0.4% | −0.4% |
| 3-month return | −3.4% | −3.0% |
| Year to date | −5.6% | −4.5% |
| 1-year return | −5.3% | −5.0% |
| 30-day volatility | 8.3% | 6.5% |
| Worst drawdown, 1 year | −10.3% | −8.2% |
| Trailing 12-month yield | 3.66% | 3.54% |
| Holdings | 568 | 11,156 |
| Top 10 weight | 11.0% | 1.2% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$7.0M thru May 2026 | +$3.6B thru Jul 2026 |
| 30-day implied volatility | — | 6.2% |
| Holdings as of | as of Oct 20, 2026issuer data | as of Sep 30, 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
69% of AVMU · 4% of VTEB| Holding | AVMU | VTEB |
|---|---|---|
| OHIO ST UNIV OHSHGR 06/35 FIXED 5, due Jun 1, 2035 | 0.20% | 0.12% |
| NEW JERSEY ST NJS 06/30 FIXED 4, due Jun 1, 2030 | 0.06% | 0.06% |
| HOUSTON TX HGR EDU FIN CORP HOUHGR 05/34 FIXED 5, due May 15, 2034 | 0.08% | 0.06% |
| MASSACHUSETTS ST DEV FIN AGY R MASDEV 02/33 FIXED 5, due Feb 15, 2033 | 0.32% | 0.06% |
| NEW JERSEY ST TRANSPRTN TRUST NJSTRN 06/31 FIXED 5, due Jun 15, 2031 | 0.41% | 0.05% |
| TEXAS ST TXS 10/29 FIXED 5, due Oct 1, 2029 | 0.09% | 0.05% |
| NEW YORK ST DORM AUTH ST PERSO NYSHGR 02/47 FIXED 4, due Feb 15, 2047 | 0.11% | 0.05% |
| PRIV CLGS UNIVS AUTH GA PRIHGR 09/33 FIXED 5, due Sep 1, 2033 | 0.08% | 0.04% |
| MET TRANSPRTN AUTH NY REVENUE MTATRN 11/42 FIXED 4, due Nov 15, 2042 | 0.05% | 0.04% |
| WASHINGTON DC MET AREA TRANSIT DCTGEN 07/42 FIXED 5, due Jul 1, 2042 | 0.35% | 0.04% |
| CALIFORNIA ST CAS 10/28 FIXED 5, due Oct 1, 2028 | 0.06% | 0.04% |
| CALIFORNIA ST CAS 10/39 FIXED 4, due Oct 1, 2039 | 0.11% | 0.04% |
| ENERGY N W WA ELEC REVENUE ENEPWR 07/42 FIXED 4, due Jul 1, 2042 | 0.58% | 0.04% |
| UNIV OF CALIFORNIA CA REVENUES UNVHGR 11/39 FIXED 5, due Nov 15, 2039 | 0.48% | 0.04% |
| AUSTIN TX CMNTY CLG DIST AUSHGR 08/45 FIXED OID 4, due Aug 1, 2045 | 0.22% | 0.04% |
| NEW YORK ST DORM AUTH ST PERSO NYSHGR 02/38 FIXED 4, due Feb 15, 2038 | 0.04% | 0.04% |
| LAS VEGAS NV CONVENTION VISI LASGEN 07/43 FIXED 5, due Jul 1, 2043 | 0.29% | 0.04% |
| MET TRANSPRTN AUTH NY REVENUE MTATRN 11/34 FIXED 5, due Nov 15, 2034 | 0.11% | 0.03% |
| CLARK CNTY NV CLA 06/43 FIXED 5, due Jun 1, 2043 | 0.11% | 0.03% |
| ALABAMA ST PUBLIC SCH CLG AU ALSHGR 11/39 FIXED 5, due Nov 1, 2039 | 0.15% | 0.03% |
| MET TRANSPRTN AUTH NY DEDICATE MTATRN 11/42 FIXED 5, due Nov 15, 2042 | 0.48% | 0.03% |
| MASSACHUSETTS ST DEV FIN AGY R MASDEV 10/48 FIXED 5, due Oct 1, 2048 | 0.07% | 0.03% |
| TEXAS ST WTR DEV BRD TXSWTR 10/45 FIXED 4, due Oct 15, 2045 | 0.23% | 0.03% |
| PENNSYLVANIA ST PAS 04/38 FIXED 5, due Apr 1, 2038 | 0.08% | 0.03% |
| NEW YORK ST URBAN DEV CORP SAL NYSFAC 03/43 FIXED 4, due Mar 15, 2043 | 0.47% | 0.03% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · AVMU holdings · VTEB 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.