ETF comparison

ITMvsVTEB

Both US Municipal Bond.

VanEck Intermediate Muni ETF · Vanguard Tax-Exempt Bond Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
4.5%

399 positions appear in both funds. Buying equal dollars of ITM and VTEB would leave roughly4.5%of each dollar exposed to the same underlying securities.

ITM only 93.5%Shared 4.5%VTEB only 94.0%
In ITM only
965 positions
Shared
399 positions
In VTEB only
9,786 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%
VTEB

Vanguard Tax-Exempt Bond Index Fund ETF Shares

Vanguard · US Municipal Bond

97composite / 100
Expense ratio
0.030%
Net assets
$49.07B
TTM yield
3.53%
Top-10 conc.
2.0%

Sub-score comparison

82
Cost
97
93
Tax efficiency
93
71
Liquidity
100
100
Concentration
100
Tracking quality
ITMsub-scoreVTEB

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

Cost difference

VTEB is 15 bps cheaper than ITM. On a $100,000 position that's about $150/yr more in fees for ITM.

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 VTEB.

Top shared holdings

399 shared in total
#HoldingIn ITMIn VTEBOverlap
1State of California0.30%0.11%0.11%
2Illinois State Toll Highway Authority0.09%0.07%0.07%
3Massachusetts Development Finance Agency0.26%0.06%0.06%
4Massachusetts Development Finance Agency0.10%0.06%0.06%
5University of California0.09%0.06%0.06%
6Metropolitan Transportation Authority0.05%0.06%0.05%
7State of California0.11%0.05%0.05%
8State of California0.10%0.05%0.05%
9New Jersey Transportation Trust Fund Authority0.07%0.05%0.05%
10New York City Transitional Finance Authority Future Tax Secured Revenue0.10%0.05%0.05%
11New York City Transitional Finance Authority Future Tax Secured Revenue0.05%0.06%0.05%
12Commonwealth of Massachusetts0.05%0.05%0.05%

Only in ITM

965 total
  • California Community Choice Financing Authority0.50%
  • California Community Choice Financing Authority0.44%
  • California Community Choice Financing Authority0.37%
  • New York City Municipal Water Finance Authority0.29%
  • California Housing Finance Agency0.28%
  • Southeast Energy Authority A Cooperative District0.27%
  • New Hampshire Business Finance Authority0.27%
  • Salem-Keizer School District No 24J0.26%
  • Commonwealth Financing Authority0.26%
  • State of Maryland0.26%

Only in VTEB

9,786 total
  • University of California0.12%
  • Triborough Bridge & Tunnel Authority0.11%
  • Colorado State Education Loan Program0.11%
  • New York City Transitional Finance Authority Future Tax Secured Revenue0.09%
  • Dallas Independent School District0.09%
  • Ohio Water Development Authority Water Pollution Control Loan Fund0.08%
  • New York State Dormitory Authority0.08%
  • New York State Dormitory Authority0.08%
  • Ohio State University/The0.08%
  • New York City Transitional Finance Authority Future Tax Secured Revenue0.08%

Open ITM or VTEB 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.