FLMI vs VTEB
Franklin Dynamic Municipal Bond 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
0%
40 shared positions
Fee gap
27 bp
VTEB is cheaper
1-year return gap
0.1 pts
VTEB is ahead
Larger fund
VTEB
$50.4B
Side by side
| FLMI | VTEB | |
|---|---|---|
| Fund | Franklin Dynamic Municipal Bond ETF | Vanguard Tax-Exempt Bond Index Fund |
| Issuer | Franklin Templeton | Vanguard |
| Category | National Muni | National Muni |
| Expense ratio | 0.30% | 0.03% |
| Assets | $2.3B | $50.4B |
| Average daily dollar volume | $50M | $1.6B |
| Listed | Aug 31, 2017 | Aug 21, 2015 |
| FrenzyCap score | 73 | 100 |
| 1-month return | −0.8% | −0.4% |
| 3-month return | −3.7% | −3.0% |
| Year to date | −4.8% | −4.5% |
| 1-year return | −5.1% | −5.0% |
| 30-day volatility | 7.1% | 6.5% |
| Worst drawdown, 1 year | −9.1% | −8.2% |
| Trailing 12-month yield | 4.19% | 3.54% |
| Holdings | 1,453 | 11,156 |
| Top 10 weight | 18.0% | 1.2% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$405M thru Jun 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
8% of FLMI · 0% of VTEB| Holding | FLMI | VTEB |
|---|---|---|
| ILLINOIS ST-A 5 3/46, due Mar 1, 2046 | 0.28% | 0.04% |
| ORLANDO 5.5 11/50, due Nov 1, 2050 | 0.11% | 0.04% |
| ILLINOIS ST 5.5 3/47, due Mar 1, 2047 | 0.24% | 0.03% |
| DASNY-A-GROUP 3 5 3/48, due Mar 15, 2048 | 0.51% | 0.03% |
| MET TRANSPRTN- 4.75 11/45, due Nov 15, 2045 | 0.13% | 0.03% |
| MET TRANSPRTN-C-1 5 11/50, due Nov 15, 2050 | 0.27% | 0.03% |
| CHARLOTTE HOSP-G FRN 1/48, due Jan 15, 2048 | 0.14% | 0.03% |
| CHICAGO IL-A-REF 5 1/33, due Jan 1, 2033 | 0.03% | 0.03% |
| CHICAGO BOE 5.75 4/48, due Apr 1, 2048 | 0.40% | 0.02% |
| CHICAGO IL-A-REF 5 1/34, due Jan 1, 2034 | 0.10% | 0.02% |
| NJ TRANSPRTN TR 4.25 6/40, due Jun 15, 2040 | 0.30% | 0.02% |
| NEW YORK-G-G-1 5.25 2/48, due Feb 1, 2048 | 0.10% | 0.01% |
| PA INDL AUTH HOS FRN 7/54, due Jul 1, 2054 | 0.77% | 0.01% |
| MET PIER & EXPOSI 4 12/42, due Dec 15, 2042 | 1.20% | 0.01% |
| ALBEMARLE ECON FRN 10/48, due Oct 1, 2048 | 0.13% | 0.01% |
| NEW YORK C-1 5.25 9/46, due Sep 1, 2046 | 0.22% | 0.01% |
| CHICAGO - SER A 5.5 1/40, due Jan 1, 2040 | 0.52% | 0.01% |
| MET PIER-B-REF 5 6/53, due Jun 15, 2053 | 0.14% | 0.01% |
| NJ HLTH VAR-B-VI FRN 7/43, due Jul 1, 2043 | 0.13% | 0.01% |
| CHICAGO - SER A 5.5 1/39, due Jan 1, 2039 | 0.14% | 0.01% |
| CHICAGO IL-B 4 1/37, due Jan 1, 2037 | 0.15% | 0.01% |
| CHARLOTTE HOSP-R FRN 1/38, due Jan 15, 2038 | 0.04% | 0.01% |
| SALES TAX SECURITI 4 1/42, due Jan 1, 2042 | 0.09% | 0.01% |
| CHICAGO BOE 5 4/45, due Apr 1, 2045 | 0.32% | 0.01% |
| ILLINOIS ST-A 4 3/41, due Mar 1, 2041 | 0.19% | 0.01% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · FLMI 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.