MUNI vs VTEB
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund against Vanguard Tax-Exempt Bond Index Fund: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
2%
132 shared positions
Fee gap
32 bp
VTEB is cheaper
1-year return gap
0.9 pts
MUNI is ahead
Larger fund
VTEB
$50.4B
Side by side
| MUNI | VTEB | |
|---|---|---|
| Fund | PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund | Vanguard Tax-Exempt Bond Index Fund |
| Issuer | PIMCO | Vanguard |
| Category | National Muni | National Muni |
| Expense ratio | 0.35% | 0.03% |
| Assets | $3.5B | $50.4B |
| Average daily dollar volume | $76M | $1.6B |
| Listed | Nov 30, 2009 | Aug 21, 2015 |
| FrenzyCap score | 72 | 100 |
| 1-month return | −0.2% | −0.4% |
| 3-month return | −2.2% | −3.0% |
| Year to date | −3.8% | −4.5% |
| 1-year return | −4.1% | −5.0% |
| 30-day volatility | 5.7% | 6.5% |
| Worst drawdown, 1 year | −7.6% | −8.2% |
| Trailing 12-month yield | 3.41% | 3.54% |
| Holdings | 727 | 11,156 |
| Top 10 weight | 9.3% | 1.2% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$296M thru Jun 2026 | +$3.6B thru Jul 2026 |
| 30-day implied volatility | 5.5% | 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
23% of MUNI · 2% of VTEB| Holding | MUNI | VTEB |
|---|---|---|
| ILLINOIS ST TOLL HWY 5%, due Jan 1, 2045 | 0.41% | 0.10% |
| LOS ANGELES UNIF SD-A 5%, due Jul 1, 2034 | 0.25% | 0.08% |
| MARYLAND ST-GROUP 2, due Jun 1, 2038 | 0.10% | 0.07% |
| AL TOLL ROAD-1, due Oct 1, 2032 | 1.45% | 0.06% |
| IL TOLL HWY AUTH-A 5%, due Jan 1, 2040 | 0.06% | 0.06% |
| LOS ANGELES UNIF SD-A 5%, due Jul 1, 2033 | 0.35% | 0.05% |
| TRIBOROUGH BRIDGE-A 5.25%, due May 15, 2062 | 0.14% | 0.05% |
| PA TURNPIKE COMMN 5%, due Dec 1, 2044 | 0.05% | 0.05% |
| NYC-D4, due Dec 1, 2047 | 0.29% | 0.04% |
| WASHINGTON DC MET-B 5%, due Jul 1, 2042 | 0.16% | 0.04% |
| NY TRANS FIN AUTH-E 5%, due Nov 1, 2053 | 0.63% | 0.04% |
| SAN ANTONIO ELEC & -A 3.08%, due Dec 1, 2028 | 0.33% | 0.04% |
| OK PUB PROPERTY AUTH 5%, due Jun 1, 2034 | 0.23% | 0.04% |
| DASNY-A 5%, due Mar 15, 2053 | 0.24% | 0.04% |
| ILLINOIS ST TOLL HIGH 5%, due Jan 1, 2030 | 0.07% | 0.04% |
| TRIBOROUGH BRIDGE-REV 5.25%, due May 15, 2052 | 0.24% | 0.04% |
| DASNY-C-REF 5.25%, due Mar 15, 2050 | 0.32% | 0.04% |
| MA DEV FIN AGY-A-2, due Oct 1, 2033 | 0.24% | 0.04% |
| UNIV OF CA REGENTS-CH 5.25%, due May 15, 2039 | 0.12% | 0.04% |
| BALTIMORE-A-SUB-WTR 5%, due Jul 1, 2046 | 0.09% | 0.04% |
| UNIV OF CA REGENTS-BQ 5%, due May 15, 2035 | 0.20% | 0.03% |
| ILLINOIS ST 5.5%, due May 1, 2030 | 0.21% | 0.03% |
| CA UNIV REGENTS-BW 5%, due May 15, 2035 | 0.20% | 0.03% |
| PHOENIX CIVIC IMPT CO 5%, due Jul 1, 2045 | 0.23% | 0.03% |
| GRAND PKWY TRANSPRTN 5%, due Apr 1, 2028 | 0.14% | 0.03% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · MUNI 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.