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ETF comparison

BNDX vs MUNI

International Bond vs US Municipal Bond.

Vanguard Total International Bond Index Fund ETF Shares · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund

Holdings overlap

Weighted by ISIN/CUSIP
0.0 %

0 positions appear in both funds. Buying equal dollars of BNDX and MUNI would leave roughly 0.0% of each dollar exposed to the same underlying securities.

BNDX unmatched 98.0% Shared 0.0% MUNI unmatched 98.6%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In BNDX only
6,818 positions
Shared
0 positions
In MUNI only
646 positions

Side by side

BNDX

Vanguard Total International Bond Index Fund ETF Shares

Vanguard · International Bond

87 composite / 100
Expense ratio
0.070%
Net assets
$121.63B
whole fund, 5 share classes
TTM yield
4.65%
Top-10 conc.
3.5%
MUNI

PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund

PIMCO · US Municipal Bond

79 composite / 100
Expense ratio
0.35%
Net assets
$3.09B
TTM yield
3.38%
Top-10 conc.
10.7%

Sub-score comparison

93
Cost
65
51
Tax efficiency
93
100
Liquidity
78
100
Concentration
99
—
Tracking quality
—
BNDX sub-score MUNI

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

BNDX is 28 bps cheaper than MUNI. On a $100,000 position that's about $280/yr more in fees for MUNI.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with BNDX vs MUNI.

Top shared holdings

0 shared in total

No shared holdings between these funds.

Only in BNDX

6,818 total
  • United Kingdom Gilt 0.41%
  • French Republic Government Bond OAT 0.37%
  • French Republic Government Bond OAT 0.36%
  • United Kingdom Gilt 0.36%
  • United Kingdom Gilt 0.35%
  • United Kingdom Gilt 0.34%
  • French Republic Government Bond OAT 0.33%
  • French Republic Government Bond OAT 0.33%
  • Bundesrepublik Deutschland Bundesanleihe 0.30%
  • United Kingdom Gilt 0.30%

Only in MUNI

646 total
  • United States Treasury 2.20%
  • United States Treasury 1.78%
  • United States Treasury 1.16%
  • United States Treasury 0.86%
  • Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.81%
  • Connecticut State Health & Educational Facilities Authority 0.81%
  • Black Belt Energy Gas District 0.81%
  • Texas Municipal Gas Acquisition & Supply Corp V 0.80%
  • Fort Bend Independent School District 0.79%
  • FHLMC Multifamily VRD Certificates 0.71%

Percentages are holdings overlap with the named fund.

Open BNDX or MUNI at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.