ETF comparison
SCMB vs VTEB
Both US Municipal Bond.
Schwab Municipal Bond ETF · Vanguard Tax-Exempt Bond Index Fund ETF Shares
Holdings overlap
4,502 positions appear in both funds. Buying equal dollars of SCMB and VTEB would leave roughly 29.2% 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
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 SCMB vs VTEB.
Top shared holdings
4,502 shared in total| # | Holding | In SCMB | In VTEB | Overlap |
|---|---|---|---|---|
| 1 | New York State Dormitory Authority | 0.08% | 0.08% | 0.08% |
| 2 | Salt River Project Agricultural Improvement & Power District | 0.07% | 0.07% | 0.07% |
| 3 | Ohio State University/The | 0.07% | 0.08% | 0.07% |
| 4 | Triborough Bridge & Tunnel Authority | 0.09% | 0.06% | 0.06% |
| 5 | Texas Water Development Board | 0.08% | 0.06% | 0.06% |
| 6 | New York State Dormitory Authority | 0.06% | 0.06% | 0.06% |
| 7 | Massachusetts Development Finance Agency | 0.10% | 0.06% | 0.06% |
| 8 | County of Jefferson AL Sewer Revenue | 0.06% | 0.06% | 0.06% |
| 9 | California Educational Facilities Authority | 0.06% | 0.06% | 0.06% |
| 10 | New Jersey Transportation Trust Fund Authority | 0.07% | 0.06% | 0.06% |
| 11 | Commonwealth of Massachusetts | 0.14% | 0.05% | 0.05% |
| 12 | State of Illinois | 0.05% | 0.08% | 0.05% |
Only in SCMB
2,343 total- City of New York NY 0.20%
- New York City Municipal Water Finance Authority 0.17%
- State of California 0.15%
- State of Oregon Department of Transportation 0.14%
- County of Wake NC 0.14%
- City of New York NY 0.14%
- New York City Transitional Finance Authority Future Tax Secured Revenue 0.14%
- Gwinnett County School District 0.14%
- Great Lakes Water Authority Water Supply System Revenue 0.14%
- University of California 0.14%
Only in VTEB
6,089 total- City of New York NY 0.12%
- 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%
- Energy Northwest 0.08%
- New Jersey Turnpike Authority 0.08%
- Kentucky State Property & Building Commission 0.08%
- Metropolitan Government of Nashville & Davidson County TN 0.08%
Related comparisons
More comparisons with SCMB
- SCMB vs PZA · Invesco National AMT-Free Municipal Bond ETF 24.8%
- SCMB vs MUB · iShares National Muni Bond ETF 21.8%
- SCMB vs CMF · iShares California Muni Bond ETF 6.9%
- SCMB vs NYF · iShares New York Muni Bond ETF 5.9%
- SCMB vs SUB · iShares Short-Term National Muni Bond ETF 5.8%
- SCMB vs ITM · VanEck Intermediate Muni ETF 3.8%
More comparisons with VTEB
- VTEB vs PZA · Invesco National AMT-Free Municipal Bond ETF 27.5%
- VTEB vs MUB · iShares National Muni Bond ETF 25.6%
- VTEB vs SUB · iShares Short-Term National Muni Bond ETF 7.3%
- VTEB vs CMF · iShares California Muni Bond ETF 7.1%
- VTEB vs NYF · iShares New York Muni Bond ETF 5.0%
- VTEB vs ITM · VanEck Intermediate Muni ETF 4.3%
Percentages are holdings overlap with the named fund.
Open SCMB 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.