ETF comparison
GOVT vs MUNI
US Treasury (Intermediate) vs US Municipal Bond.
iShares U.S. Treasury Bond ETF · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
Holdings overlap
2 positions appear in both funds. Buying equal dollars of GOVT and MUNI would leave roughly 0.6% of each dollar exposed to the same underlying securities.
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.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
GOVT is 30 bps cheaper than MUNI. On a $100,000 position that's about $300/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 GOVT vs MUNI.
Top shared holdings
2 shared in total| # | Holding | In GOVT | In MUNI | Overlap |
|---|---|---|---|---|
| 1 | United States of America | 0.49% | 2.20% | 0.49% |
| 2 | United States of America | 0.12% | 1.78% | 0.12% |
Only in GOVT
212 total- United States of America 5.28%
- United States of America 2.95%
- United States of America 2.63%
- United States of America 2.08%
- United States of America 1.62%
- United States of America 1.48%
- United States of America 1.46%
- United States of America 1.46%
- United States of America 1.38%
- United States of America 1.37%
Only in MUNI
644 total- 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%
- Michigan State Housing Development Authority 0.70%
- State of Washington 0.68%
Related comparisons
More comparisons with GOVT
- GOVT vs BOND · PIMCO Active Bond Exchange-Traded Fund 0.5%
- GOVT vs VTC · Vanguard Total Corporate Bond ETF ETF Shares 0.3%
- GOVT vs MINT · PIMCO Enhanced Short Maturity Active Exchange-Traded Fund 0.3%
- GOVT vs VCIT · Vanguard Intermediate-Term Corporate Bond Index Fund ETF Shares 0.2%
- GOVT vs PULS · PGIM Ultra Short Bond ETF 0.2%
- GOVT vs VCLT · Vanguard Long-Term Corporate Bond Index Fund ETF Shares 0.2%
More comparisons with MUNI
- MUNI vs SUB · iShares Short-Term National Muni Bond ETF 0.5%
- MUNI vs SHY · iShares 1-3 Year Treasury Bond ETF 0.3%
- MUNI vs CMF · iShares California Muni Bond ETF 0.2%
- MUNI vs BAB · Invesco Taxable Municipal Bond ETF 0.0%
- MUNI vs BNDX · Vanguard Total International Bond Index Fund ETF Shares 0.0%
- MUNI vs SCHP · Schwab U.S. TIPS ETF 0.0%
Percentages are holdings overlap with the named fund.
Open GOVT 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.