ETF comparison
MUNI vs VGSH
US Municipal Bond vs US Treasury (Short).
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund · Vanguard Short-Term Treasury Index Fund ETF Shares
Holdings overlap
1 positions appear in both funds. Buying equal dollars of MUNI and VGSH would leave roughly 1.2% 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
VGSH 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 VGSH.
Top shared holdings
1 shared in total| # | Holding | In MUNI | In VGSH | Overlap |
|---|---|---|---|---|
| 1 | United States Treasury | 2.20% | 1.24% | 1.24% |
Only in MUNI
645 total- United States Treasury 1.78%
- 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%
Only in VGSH
90 total- United States Treasury Note/Bond 2.24%
- United States Treasury Note/Bond 1.40%
- United States Treasury Note/Bond 1.35%
- United States Treasury Note/Bond 1.31%
- United States Treasury Note/Bond 1.30%
- United States Treasury Note/Bond 1.29%
- United States Treasury Note/Bond 1.26%
- United States Treasury Note/Bond 1.26%
- United States Treasury Note/Bond 1.25%
- United States Treasury Note/Bond 1.25%
Related comparisons
More comparisons with MUNI
- MUNI vs PZA · Invesco National AMT-Free Municipal Bond ETF 1.1%
- MUNI vs NYF · iShares New York Muni Bond ETF 1.1%
- MUNI vs SCMB · Schwab Municipal Bond ETF 1.1%
- MUNI vs AGG · iShares Core U.S. Aggregate Bond ETF 1.0%
- MUNI vs JMST · JPMorgan Ultra-Short Municipal Income ETF 0.9%
- MUNI vs SCHZ · Schwab U.S. Aggregate Bond ETF 0.8%
More comparisons with VGSH
- VGSH vs VUSB · Vanguard Ultra-Short Bond ETF 1.2%
- VGSH vs JCPB · JPMorgan Core Plus Bond ETF 0.7%
- VGSH vs ICSH · iShares Ultra Short Duration Bond Active ETF 0.7%
- VGSH vs FBND · Fidelity Total Bond ETF 0.4%
- VGSH vs PULS · PGIM Ultra Short Bond ETF 0.2%
- VGSH vs VTC · Vanguard Total Corporate Bond ETF ETF Shares 0.0%
Percentages are holdings overlap with the named fund.
Open MUNI or VGSH 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.