MUNX vs VTEB
AMG GW&K Muni 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
0%
19 shared positions
Fee gap
26 bp
VTEB is cheaper
1-year return gap
—
Larger fund
VTEB
$50.4B
Side by side
| MUNX | VTEB | |
|---|---|---|
| Fund | AMG GW&K Muni Income ETF | Vanguard Tax-Exempt Bond Index Fund |
| Issuer | AMG | Vanguard |
| Category | National Muni | National Muni |
| Expense ratio | 0.29% | 0.03% |
| Assets | $20M | $50.4B |
| Average daily dollar volume | $79K | $1.6B |
| Listed | Oct 29, 2025 | Aug 21, 2015 |
| FrenzyCap score | 32 | 100 |
| 1-month return | −0.9% | −0.4% |
| 3-month return | −3.6% | −3.0% |
| Year to date | −4.9% | −4.5% |
| 1-year return | — | −5.0% |
| 30-day volatility | 7.2% | 6.5% |
| Worst drawdown, 1 year | −8.6% | −8.2% |
| Trailing 12-month yield | 3.36% | 3.54% |
| Holdings | 75 | 11,156 |
| Top 10 weight | 23.0% | 1.2% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$3.0M thru Jun 2026 | +$3.6B thru Jul 2026 |
| 30-day implied volatility | — | 6.2% |
| Holdings as of | as of Jun 30, 2026SEC filing | 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
22% of MUNX · 0% of VTEB| Holding | MUNX | VTEB |
|---|---|---|
| JEFFERSON (AL), COUNTY OF 5.5%, due Oct 1, 2053 | 2.61% | 0.05% |
| METROPOLITAN PIER & EXPOSITION AUTHORITY (IL) 5%, due Jun 15, 2050 | 0.90% | 0.02% |
| INTERMOUNTAIN POWER AGENCY (UT) 5%, due Jul 1, 2041 | 1.04% | 0.02% |
| INDIANA FINANCE AUTHORITY (IN) 4%, due Feb 1, 2036 | 0.58% | 0.02% |
| SOUTH CAROLINA PUBLIC SERVICE AUTHORITY (SC) 4%, due Dec 1, 2043 | 1.50% | 0.02% |
| ILLINOIS (IL), STATE OF 5%, due May 1, 2035 | 0.78% | 0.01% |
| TEXAS TRANSPORTATION COMMISSION (TX) 5%, due Aug 15, 2039 | 1.63% | 0.01% |
| LOS ANGELES CALIF DEPT WTR & PWR 5%, due Jul 1, 2034 | 1.12% | 0.01% |
| ALABAMA STATE PUBLIC SCHOOL & COLLEGE AUTHORITY (AL) 4%, due Nov 1, 2040 | 1.00% | 0.01% |
| NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY (NJ) 4%, due Jun 15, 2042 | 1.79% | 0.01% |
| METROPOLITAN TRANSPORTATION AUTHORITY (NY) 5%, due Nov 15, 2031 | 1.10% | 0.01% |
| ILLINOIS (IL), STATE OF 5.25%, due Dec 1, 2030 | 0.51% | 0.00% |
| TEXAS PRIVATE ACTIVITY BD SURFACE TRANSPORTATION CORP 4%, due Dec 31, 2037 | 0.89% | 0.00% |
| NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY (NJ) 4%, due Jun 15, 2034 | 1.02% | 0.00% |
| METROPOLITAN TRANSPORTATION AUTHORITY (NY) 4%, due Nov 15, 2032 | 0.70% | 0.00% |
| ILLINOIS (IL), STATE OF 4%, due Nov 1, 2036 | 0.87% | 0.00% |
| CHICAGO TRANSIT AUTHORITY (IL) 5%, due Dec 1, 2043 | 1.57% | 0.00% |
| PENNSYLVANIA TURNPIKE COMMISSION (PA) 4%, due Jun 1, 2038 | 1.02% | 0.00% |
| ILLINOIS (IL), STATE OF 5%, due Jun 15, 2038 | 1.08% | 0.00% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · MUNX 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.