MUST vs VTEB
Columbia Multi-Sector Municipal 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
2%
181 shared positions
Fee gap
20 bp
VTEB is cheaper
1-year return gap
0.9 pts
VTEB is ahead
Larger fund
VTEB
$50.4B
Side by side
| MUST | VTEB | |
|---|---|---|
| Fund | Columbia Multi-Sector Municipal Income ETF | Vanguard Tax-Exempt Bond Index Fund |
| Issuer | Columbia | Vanguard |
| Category | National Muni | National Muni |
| Expense ratio | 0.23% | 0.03% |
| Assets | $515M | $50.4B |
| Average daily dollar volume | $6.9M | $1.6B |
| Listed | Oct 10, 2018 | Aug 21, 2015 |
| FrenzyCap score | 68 | 100 |
| 1-month return | +0.1% | −0.4% |
| 3-month return | −3.4% | −3.0% |
| Year to date | −5.3% | −4.5% |
| 1-year return | −5.9% | −5.0% |
| 30-day volatility | 9.2% | 6.5% |
| Worst drawdown, 1 year | −10.2% | −8.2% |
| Trailing 12-month yield | 3.53% | 3.54% |
| Holdings | 645 | 11,156 |
| Top 10 weight | 4.5% | 1.2% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$8.2M thru Jul 2026 | +$3.6B thru Jul 2026 |
| 30-day implied volatility | — | 6.2% |
| Holdings as of | as of Jul 31, 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
32% of MUST · 2% of VTEB| Holding | MUST | VTEB |
|---|---|---|
| Ohio Water Development Authority Water Pollution Control Loan Fund 5%, due Dec 1, 2035 | 0.24% | 0.07% |
| New Jersey Transportation Trust Fund Authority 5%, due Jun 15, 2032 | 0.18% | 0.05% |
| North Carolina Capital Facilities Finance Agency 5%, due Jan 1, 2036 | 0.19% | 0.04% |
| Iowa Finance Authority 5%, due Aug 1, 2034 | 0.38% | 0.04% |
| Ohio Water Development Authority Water Pollution Control Loan Fund 5%, due Dec 1, 2033 | 0.42% | 0.04% |
| New Jersey Transportation Trust Fund Authority 5%, due Jun 15, 2037 | 0.18% | 0.04% |
| New York State Dormitory Authority 5.25%, due Mar 15, 2048 | 0.18% | 0.04% |
| Central Texas Turnpike System 5%, due Aug 15, 2037 | 0.18% | 0.04% |
| Chicago Midway International Airport 5%, due Jan 1, 2035 | 0.05% | 0.04% |
| Metropolitan Transportation Authority 5%, due Nov 15, 2034 | 0.19% | 0.03% |
| Massachusetts Development Finance Agency 5%, due Oct 1, 2036 | 0.19% | 0.03% |
| State of Georgia 4%, due Dec 1, 2031 | 0.18% | 0.03% |
| New Jersey Transportation Trust Fund Authority 5%, due Jun 15, 2036 | 0.18% | 0.03% |
| State of Washington 4%, due Jul 1, 2029 | 0.17% | 0.03% |
| State of Maryland 5%, due Jun 1, 2033 | 0.20% | 0.03% |
| Commonwealth of Pennsylvania 4%, due Mar 1, 2035 | 0.17% | 0.03% |
| Metropolitan Transportation Authority 4%, due Nov 15, 2035 | 0.44% | 0.03% |
| Central Florida Expressway Authority 5%, due Jul 1, 2033 | 0.19% | 0.03% |
| Metropolitan Transportation Authority 5%, due Nov 15, 2031 | 0.10% | 0.03% |
| Chicago O'Hare International Airport 4%, due Jan 1, 2036 | 0.03% | 0.03% |
| North Texas Tollway Authority 5%, due Jan 1, 2032 | 0.21% | 0.03% |
| New Jersey Turnpike Authority 4%, due Jan 1, 2035 | 0.17% | 0.02% |
| New Jersey Transportation Trust Fund Authority, due Dec 15, 2032 | 0.30% | 0.02% |
| New Jersey Transportation Trust Fund Authority, due Dec 15, 2039 | 0.29% | 0.02% |
| Triborough Bridge & Tunnel Authority 5%, due Nov 15, 2038 | 0.26% | 0.02% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · MUST 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.