ETF comparison

ITMvsMUNI

Both US Municipal Bond.

VanEck Intermediate Muni ETF · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund

Holdings overlap

Weighted by ISIN/CUSIP
4.4%

55 positions appear in both funds. Buying equal dollars of ITM and MUNI would leave roughly4.4%of each dollar exposed to the same underlying securities.

ITM only 93.6%Shared 4.4%MUNI only 94.3%
In ITM only
1,309 positions
Shared
55 positions
In MUNI only
592 positions

Side by side

ITM

VanEck Intermediate Muni ETF

VanEck · US Municipal Bond

84composite / 100
Expense ratio
0.18%
Net assets
$2.10B
TTM yield
3.13%
Top-10 conc.
3.8%
MUNI

PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund

PIMCO · US Municipal Bond

79composite / 100
Expense ratio
0.35%
Net assets
$3.15B
TTM yield
3.40%
Top-10 conc.
10.7%

Sub-score comparison

82
Cost
65
93
Tax efficiency
93
71
Liquidity
78
100
Concentration
99
Tracking quality
ITMsub-scoreMUNI

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

ITM is 17 bps cheaper than MUNI. On a $100,000 position that's about $170/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 thecost calculator pre-filled with ITM vs MUNI.

Top shared holdings

55 shared in total
#HoldingIn ITMIn MUNIOverlap
1New York Energy Finance Development Corp0.24%0.25%0.24%
2Commonwealth Financing Authority0.26%0.24%0.24%
3New York State Dormitory Authority0.21%0.22%0.21%
4New Hampshire Business Finance Authority0.27%0.20%0.20%
5Michigan State Hospital Finance Authority0.16%0.17%0.16%
6North Texas Tollway Authority0.16%0.19%0.16%
7Great Lakes Water Authority Sewage Disposal System Revenue0.15%0.18%0.15%
8Henrico County Economic Development Authority0.16%0.15%0.15%
9Kentucky Public Energy Authority0.12%0.59%0.12%
10Black Belt Energy Gas District0.23%0.11%0.11%
11Indiana Finance Authority0.10%0.11%0.10%
12State of California0.14%0.10%0.10%

Only in ITM

1,309 total
  • New Jersey Educational Facilities Authority0.53%
  • California Community Choice Financing Authority0.50%
  • State of California0.44%
  • California Community Choice Financing Authority0.44%
  • Connecticut State Health & Educational Facilities Authority0.39%
  • California Community Choice Financing Authority0.37%
  • State of California0.30%
  • New York City Municipal Water Finance Authority0.29%
  • California Housing Finance Agency0.28%
  • Southeast Energy Authority A Cooperative District0.27%

Only in MUNI

592 total
  • United States Treasury2.20%
  • United States Treasury1.78%
  • United States Treasury1.16%
  • United States Treasury0.86%
  • Puerto Rico Sales Tax Financing Corp Sales Tax Revenue0.81%
  • Connecticut State Health & Educational Facilities Authority0.81%
  • Black Belt Energy Gas District0.81%
  • Fort Bend Independent School District0.79%
  • FHLMC Multifamily VRD Certificates0.71%
  • Michigan State Housing Development Authority0.70%

Open ITM 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 methodologyand 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.