FTMS vs VTES
Franklin Short-Term Municipal Income ETF against Vanguard Short-Term Tax-Exempt Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
1%
18 shared positions
Fee gap
16 bp
VTES is cheaper
1-year return gap
—
Larger fund
VTES
$2.0B
Side by side
| FTMS | VTES | |
|---|---|---|
| Fund | Franklin Short-Term Municipal Income ETF | Vanguard Short-Term Tax-Exempt Bond ETF |
| Issuer | Franklin Templeton | Vanguard |
| Category | Short Muni | Short Muni |
| Expense ratio | 0.21% | 0.05% |
| Assets | $209M | $2.0B |
| Average daily dollar volume | $2.9M | $92M |
| Listed | May 22, 2018 | Mar 8, 2023 |
| FrenzyCap score | 62 | 96 |
| 1-month return | 0.0% | +0.4% |
| 3-month return | −1.0% | −0.7% |
| Year to date | −1.4% | −1.9% |
| 1-year return | — | −2.0% |
| 30-day volatility | 3.3% | 3.2% |
| Worst drawdown, 1 year | −3.5% | −4.5% |
| Trailing 12-month yield | 3.09% | 2.70% |
| Holdings | 267 | 4,001 |
| Top 10 weight | 9.9% | 3.2% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | — | +$246M thru May 2026 |
| 30-day implied volatility | — | 15.2% |
| Holdings as of | as of Oct 20, 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
9% of FTMS · 1% of VTES| Holding | FTMS | VTES |
|---|---|---|
| CASS WTR RESOUR 3.45 4/27, due Apr 1, 2027 | 0.42% | 0.23% |
| LOS ANGELES CA DEP 5 7/28, due Jul 1, 2028 | 0.43% | 0.14% |
| NEW JERSEY ST-A 5 6/29, due Jun 1, 2029 | 0.21% | 0.13% |
| NEW YORK B-1-REF 5 8/28, due Aug 1, 2028 | 0.88% | 0.13% |
| LOS ANGELES-TRANS 5 6/27, due Jun 24, 2027 | 0.86% | 0.13% |
| CA ST UNIV-B2 FRN 11/49, due Nov 1, 2049 | 0.93% | 0.13% |
| CENTRL PUGET-S-1- 5 11/29, due Nov 1, 2029 | 0.89% | 0.08% |
| PHILADELPHIA SD-B 5 6/27, due Jun 30, 2027 | 0.86% | 0.05% |
| MET TRANSPRTN AUT 5 11/29, due Nov 15, 2029 | 0.44% | 0.05% |
| CHARLESTON SC EDU 5 12/26, due Dec 1, 2026 | 0.39% | 0.04% |
| ILLINOIS ST-A 5 11/26, due Nov 1, 2026 | 0.32% | 0.04% |
| SCHERTZ-CIBOLO-B FRN 2/56, due Feb 1, 2056 | 0.42% | 0.04% |
| MET TRANSPRTN AUT 5 11/26, due Nov 15, 2026 | 0.21% | 0.03% |
| NORTHSIDE TX IND FRN 8/53, due Aug 1, 2053 | 0.63% | 0.02% |
| NY TRANS FIN AUTH 5 11/29, due Nov 1, 2029 | 0.22% | 0.02% |
| NYC TRANSITIONAL- 5 11/29, due Nov 1, 2029 | 0.36% | 0.01% |
| ILLINOIS ST-B-REV- 5 6/27, due Jun 15, 2027 | 0.64% | 0.01% |
| MA TPK CAB-SR-SER 0 1/29, due Jan 1, 2029 | 0.33% | 0.01% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · FTMS holdings · VTES 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.