ETF comparison
ITM vs VTEB
Both US Municipal Bond.
VanEck Intermediate Muni ETF · Vanguard Tax-Exempt Bond Index Fund ETF Shares
Holdings overlap
400 positions appear in both funds. Buying equal dollars of ITM and VTEB would leave roughly 4.3% 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
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 the cost calculator pre-filled with ITM vs VTEB.
Top shared holdings
400 shared in total| # | Holding | In ITM | In VTEB | Overlap |
|---|---|---|---|---|
| 1 | State of California | 0.30% | 0.10% | 0.10% |
| 2 | Illinois State Toll Highway Authority | 0.09% | 0.06% | 0.06% |
| 3 | Massachusetts Development Finance Agency | 0.10% | 0.06% | 0.06% |
| 4 | Massachusetts Development Finance Agency | 0.26% | 0.06% | 0.06% |
| 5 | University of California | 0.09% | 0.05% | 0.05% |
| 6 | Metropolitan Transportation Authority | 0.05% | 0.05% | 0.05% |
| 7 | State of California | 0.10% | 0.05% | 0.05% |
| 8 | New York City Transitional Finance Authority Future Tax Secured Revenue | 0.05% | 0.07% | 0.05% |
| 9 | State of California | 0.11% | 0.05% | 0.05% |
| 10 | New Jersey Transportation Trust Fund Authority | 0.07% | 0.05% | 0.05% |
| 11 | New Jersey Transportation Trust Fund Authority | 0.21% | 0.05% | 0.05% |
| 12 | New York City Transitional Finance Authority Future Tax Secured Revenue | 0.10% | 0.05% | 0.05% |
Only in ITM
969 total- California Community Choice Financing Authority 0.50%
- California Community Choice Financing Authority 0.44%
- California Community Choice Financing Authority 0.37%
- Kentucky Public Energy Authority 0.29%
- New York City Municipal Water Finance Authority 0.28%
- California Housing Finance Agency 0.28%
- Southeast Energy Authority A Cooperative District 0.27%
- New Hampshire Business Finance Authority 0.27%
- South Carolina Jobs-Economic Development Authority 0.26%
- Commonwealth Financing Authority 0.26%
Only in VTEB
10,191 total- City of New York NY 0.12%
- University of California 0.11%
- State of Idaho 0.10%
- State of Maryland 0.09%
- New York State Thruway Authority 0.09%
- Triborough Bridge & Tunnel Authority 0.09%
- Dallas Independent School District 0.08%
- Ohio Water Development Authority Water Pollution Control Loan Fund 0.08%
- Energy Northwest 0.08%
- New York State Dormitory Authority 0.08%
Related comparisons
More comparisons with ITM
- ITM vs SCMB · Schwab Municipal Bond ETF 3.8%
- ITM vs MUB · iShares National Muni Bond ETF 3.7%
- ITM vs CMF · iShares California Muni Bond ETF 3.0%
- ITM vs NYF · iShares New York Muni Bond ETF 1.5%
- ITM vs PZA · Invesco National AMT-Free Municipal Bond ETF 1.5%
- ITM vs AGG · iShares Core U.S. Aggregate Bond ETF 0.0%
More comparisons with VTEB
- VTEB vs CGMU · Capital Group Municipal Income ETF 3.4%
- VTEB vs JMUB · JPMorgan Municipal ETF 3.2%
- VTEB vs SHM · State Street SPDR Nuveen ICE Short Term Municipal Bond ETF 2.4%
- VTEB vs HYD · VanEck High Yield Muni ETF 1.7%
- VTEB vs JMST · JPMorgan Ultra-Short Municipal Income ETF 1.5%
- VTEB vs MUNI · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund 1.4%
Percentages are holdings overlap with the named fund.
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 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.