TAXF vs VTEB
American Century Diversified 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
2%
135 shared positions
Fee gap
24 bp
VTEB is cheaper
1-year return gap
0.1 pts
VTEB is ahead
Larger fund
VTEB
$50.4B
Side by side
| TAXF | VTEB | |
|---|---|---|
| Fund | American Century Diversified Municipal Bond ETF | Vanguard Tax-Exempt Bond Index Fund |
| Issuer | American Century | Vanguard |
| Category | National Muni | National Muni |
| Expense ratio | 0.27% | 0.03% |
| Assets | $707M | $50.4B |
| Average daily dollar volume | $8.7M | $1.6B |
| Listed | Sep 10, 2018 | Aug 21, 2015 |
| FrenzyCap score | 67 | 100 |
| 1-month return | −0.7% | −0.4% |
| 3-month return | −3.2% | −3.0% |
| Year to date | −4.6% | −4.5% |
| 1-year return | −5.1% | −5.0% |
| 30-day volatility | 7.9% | 6.5% |
| Worst drawdown, 1 year | −8.6% | −8.2% |
| Trailing 12-month yield | 4.00% | 3.54% |
| Holdings | 755 | 11,156 |
| Top 10 weight | 7.5% | 1.2% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$90M thru May 2026 | +$3.6B thru Jul 2026 |
| 30-day implied volatility | — | 6.2% |
| Holdings as of | as of May 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
21% of TAXF · 2% of VTEB| Holding | TAXF | VTEB |
|---|---|---|
| State of Illinois 5%, due Nov 1, 2027 | 0.34% | 0.07% |
| State of Illinois 5%, due Nov 1, 2029 | 0.12% | 0.07% |
| Triborough Bridge & Tunnel Authority 5%, due Nov 15, 2051 | 0.09% | 0.06% |
| Texas Water Development Board 4%, due Oct 15, 2043 | 0.09% | 0.05% |
| Iowa Finance Authority 5%, due Aug 1, 2034 | 0.20% | 0.04% |
| City of San Antonio TX Electric & Gas Systems Revenue 3.08%, due Feb 1, 2055 | 0.11% | 0.04% |
| Oklahoma City Public Property Authority 5%, due Jun 1, 2034 | 0.06% | 0.04% |
| New York City Municipal Water Finance Authority 5.25%, due Jun 15, 2052 | 0.08% | 0.04% |
| Energy Northwest 5%, due Jul 1, 2039 | 0.17% | 0.04% |
| Triborough Bridge & Tunnel Authority 5.25%, due May 15, 2052 | 0.12% | 0.04% |
| Nebraska Public Power District 5%, due Jul 1, 2028 | 0.39% | 0.04% |
| North Texas Tollway Authority 5%, due Jan 1, 2043 | 0.21% | 0.04% |
| ILLINOIS STATE TOLL AUTHO RITY 5%, due Jan 1, 2042 | 0.19% | 0.03% |
| State of Illinois 5.5%, due Apr 1, 2051 | 0.40% | 0.03% |
| City of Chicago IL 6%, due Jan 1, 2050 | 0.13% | 0.03% |
| Long Island Power Authority 3%, due Sep 1, 2049 | 0.08% | 0.03% |
| Orlando Utilities Commission 5%, due Oct 1, 2048 | 0.48% | 0.03% |
| New York City Municipal Water Finance Authority 4%, due Jun 15, 2045 | 0.14% | 0.03% |
| City of New York NY 5%, due Feb 1, 2043 | 0.11% | 0.03% |
| City of New York NY 5%, due Apr 1, 2043 | 0.12% | 0.03% |
| Fort Bend Independent School District 3.125%, due Aug 1, 2056 | 0.09% | 0.02% |
| New York State Dormitory Authority 5.25%, due Mar 15, 2052 | 0.15% | 0.02% |
| Indianapolis Local Public Improvement Bond Bank 4%, due Feb 1, 2047 | 0.11% | 0.02% |
| City of San Antonio TX Electric & Gas Systems Revenue 2.9%, due Feb 1, 2055 | 0.06% | 0.02% |
| Empire State Development Corp 5%, due Mar 15, 2050 | 0.16% | 0.02% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · TAXF 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.