TAXI vs VTEB
Northern Trust Intermediate Tax-Exempt 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
3%
388 shared positions
Fee gap
2 bp
VTEB is cheaper
1-year return gap
2.7 pts
TAXI is ahead
Larger fund
VTEB
$51.1B
Side by side
| TAXI | VTEB | |
|---|---|---|
| Fund | Northern Trust Intermediate Tax-Exempt Bond ETF | Vanguard Tax-Exempt Bond Index Fund |
| Issuer | Northern Trust FlexShares | Vanguard |
| Category | National Muni | National Muni |
| Expense ratio | 0.05% | 0.03% |
| Assets | $160M | $51.1B |
| Average daily dollar volume | $6.3M | $1.5B |
| Listed | Aug 18, 2025 | Aug 21, 2015 |
| FrenzyCap score | 75 | 100 |
| 1-month return | +3.0% | +2.5% |
| 3-month return | −0.4% | −2.2% |
| Year to date | −1.5% | −3.2% |
| 1-year return | −0.9% | −3.7% |
| 30-day volatility | 4.6% | 6.7% |
| Worst drawdown, 1 year | −6.3% | −8.2% |
| Trailing 12-month yield | 2.63% | 3.49% |
| Holdings | 2,397 | 11,156 |
| Top 10 weight | 1.6% | 1.2% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$46M thru Jun 2026 | +$3.6B thru Jul 2026 |
| 30-day implied volatility | — | 7.1% |
| 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
16% of TAXI · 3% of VTEB| Holding | TAXI | VTEB |
|---|---|---|
| University of California 5%, due May 15, 2036 | 0.10% | 0.10% |
| University of California 5.25%, due May 15, 2040 | 0.14% | 0.05% |
| Ohio Water Development Authority Water Pollution Control Loan Fund 5%, due Dec 1, 2033 | 0.05% | 0.04% |
| Salt River Project Agricultural Improvement & Power District 5%, due Jan 1, 2033 | 0.04% | 0.04% |
| Illinois State Toll Highway Authority 5%, due Jan 1, 2030 | 0.08% | 0.04% |
| University of California 5%, due Nov 15, 2039 | 0.14% | 0.04% |
| State of Illinois 5%, due Nov 1, 2028 | 0.04% | 0.12% |
| New Jersey Transportation Trust Fund Authority 5%, due Jun 15, 2031 | 0.03% | 0.05% |
| State of Florida 5%, due Jun 1, 2033 | 0.05% | 0.03% |
| Pennsylvania Turnpike Commission 5%, due Jun 1, 2035 | 0.09% | 0.03% |
| Alabama Public School and College Authority 5%, due Nov 1, 2039 | 0.08% | 0.03% |
| State of Illinois 5%, due Feb 1, 2028 | 0.06% | 0.03% |
| Commonwealth of Massachusetts 5.5%, due Jan 1, 2034 | 0.09% | 0.03% |
| State of Michigan 5%, due Mar 15, 2027 | 0.05% | 0.03% |
| New Jersey Transportation Trust Fund Authority 5%, due Jun 15, 2035 | 0.03% | 0.05% |
| New York City Transitional Finance Authority Future Tax Secured Revenue 5%, due Nov 1, 2026 | 0.03% | 0.04% |
| State of Illinois 5%, due Feb 1, 2035 | 0.03% | 0.05% |
| State of Maryland 5%, due Jun 1, 2033 | 0.07% | 0.03% |
| Chicago O'Hare International Airport 5%, due Jan 1, 2032 | 0.04% | 0.03% |
| State of Kansas Department of Transportation 5%, due Sep 1, 2034 | 0.06% | 0.03% |
| New York City Transitional Finance Authority Future Tax Secured Revenue 5%, due Nov 1, 2037 | 0.02% | 0.04% |
| New York City Transitional Finance Authority Future Tax Secured Revenue 5%, due May 1, 2037 | 0.02% | 0.03% |
| California Educational Facilities Authority 5%, due Mar 1, 2055 | 0.05% | 0.02% |
| University of California 5%, due May 15, 2040 | 0.12% | 0.02% |
| State of California 5%, due Apr 1, 2027 | 0.05% | 0.02% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · TAXI 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.