ETF comparison
MUNI vs SCHZ
US Municipal Bond vs US Aggregate Bond.
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund · Schwab U.S. Aggregate Bond ETF
Holdings overlap
5 positions appear in both funds. Buying equal dollars of MUNI and SCHZ would leave roughly 0.8% 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
SCHZ is 32 bps cheaper than MUNI. On a $100,000 position that's about $320/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 MUNI vs SCHZ.
Top shared holdings
5 shared in total| # | Holding | In MUNI | In SCHZ | Overlap |
|---|---|---|---|---|
| 1 | United States Treasury | 1.78% | 0.22% | 0.22% |
| 2 | United States Treasury | 2.20% | 0.21% | 0.21% |
| 3 | United States Treasury | 1.16% | 0.14% | 0.14% |
| 4 | United States Treasury | 0.15% | 0.13% | 0.13% |
| 5 | United States Treasury | 0.86% | 0.13% | 0.13% |
Only in MUNI
641 total- 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%
- Ohio Higher Educational Facility Commission 0.65%
- New York City Transitional Finance Authority Future Tax Secured Revenue 0.65%
Only in SCHZ
12,321 total- United States Treasury 0.39%
- United States Treasury 0.39%
- United States Treasury 0.39%
- United States Treasury 0.37%
- United States Treasury 0.37%
- United States Treasury 0.37%
- United States Treasury 0.36%
- United States Treasury 0.36%
- United States Treasury 0.36%
- United States Treasury 0.36%
Related comparisons
More comparisons with MUNI
- MUNI vs BND · Vanguard Total Bond Market Index Fund ETF Shares 0.7%
- MUNI vs GOVT · iShares U.S. Treasury Bond ETF 0.6%
- 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%
More comparisons with SCHZ
- SCHZ vs ICSH · iShares Ultra Short Duration Bond Active ETF 0.7%
- SCHZ vs PULS · PGIM Ultra Short Bond ETF 0.5%
- SCHZ vs MINT · PIMCO Enhanced Short Maturity Active Exchange-Traded Fund 0.5%
- SCHZ vs BAB · Invesco Taxable Municipal Bond ETF 0.4%
- SCHZ vs BINC · iShares Flexible Income Active ETF 0.1%
- SCHZ vs PCY · Invesco Emerging Markets Sovereign Debt ETF 0.1%
Percentages are holdings overlap with the named fund.
Open MUNI or SCHZ 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.