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ETF comparison

MUNI vs VTIP

US Municipal Bond vs TIPS.

PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund · Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
0.0 %

0 positions appear in both funds. Buying equal dollars of MUNI and VTIP would leave roughly 0.0% of each dollar exposed to the same underlying securities.

MUNI unmatched 98.6% Shared 0.0% VTIP unmatched 99.0%

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.

In MUNI only
646 positions
Shared
0 positions
In VTIP only
25 positions

Side by side

MUNI

PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund

PIMCO · US Municipal Bond

79 composite / 100
Expense ratio
0.35%
Net assets
$3.09B
TTM yield
3.38%
Top-10 conc.
10.7%
VTIP

Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares

Vanguard · TIPS

86 composite / 100
Expense ratio
0.030%
Net assets
$73.01B
whole fund, 4 share classes
TTM yield
4.81%
Top-10 conc.
49.8%

Sub-score comparison

65
Cost
97
93
Tax efficiency
48
78
Liquidity
100
99
Concentration
N/A
—
Tracking quality
—
MUNI sub-score VTIP

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

VTIP 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 VTIP.

Top shared holdings

0 shared in total

No shared holdings between these funds.

Only in MUNI

646 total
  • United States Treasury 2.20%
  • 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%

Only in VTIP

25 total
  • United States Treasury Inflation Indexed Bonds 5.39%
  • United States Treasury Inflation Indexed Bonds 5.33%
  • United States Treasury Inflation Indexed Bonds 5.30%
  • United States Treasury Inflation Indexed Bonds 5.14%
  • United States Treasury Inflation Indexed Bonds 4.97%
  • United States Treasury Inflation Indexed Bonds 4.83%
  • United States Treasury Inflation Indexed Bonds 4.83%
  • United States Treasury Inflation Indexed Bonds 4.74%
  • United States Treasury Inflation Indexed Bonds 4.70%
  • United States Treasury Inflation Indexed Bonds 4.59%

Percentages are holdings overlap with the named fund.

Open MUNI or VTIP 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.