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ETF comparison

SCHZ vs VTEB

US Aggregate Bond vs US Municipal Bond.

Schwab U.S. Aggregate Bond ETF · Vanguard Tax-Exempt Bond Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
0.0 %

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

SCHZ unmatched 98.7% Shared 0.0% VTEB unmatched 98.9%

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 SCHZ only
12,326 positions
Shared
0 positions
In VTEB only
10,591 positions

Side by side

SCHZ

Schwab U.S. Aggregate Bond ETF

Schwab · US Aggregate Bond

89 composite / 100
Expense ratio
0.030%
Net assets
$10.45B
TTM yield
4.30%
Top-10 conc.
3.7%
VTEB

Vanguard Tax-Exempt Bond Index Fund ETF Shares

Vanguard · US Municipal Bond

97 composite / 100
Expense ratio
0.030%
Net assets
$51.71B
whole fund, 2 share classes
TTM yield
3.50%
Top-10 conc.
0.9%

Sub-score comparison

97
Cost
97
52
Tax efficiency
93
100
Liquidity
100
100
Concentration
100
—
Tracking quality
—
SCHZ sub-score VTEB

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

Cost difference

Expense ratios are effectively identical (0.030% vs 0.030%).

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 SCHZ vs VTEB.

Top shared holdings

0 shared in total

No shared holdings between these funds.

Only in SCHZ

12,326 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%

Only in VTEB

10,591 total
  • City of New York NY 0.12%
  • University of California 0.11%
  • State of Idaho 0.10%
  • State of California 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%

Percentages are holdings overlap with the named fund.

Open SCHZ 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.