ETF comparison
SUBvsVTEB
Both US Municipal Bond.
iShares Short-Term National Muni Bond ETF · Vanguard Tax-Exempt Bond Index Fund ETF Shares
Holdings overlap
767 positions appear in both funds. Buying equal dollars of SUB and VTEB would leave roughly7.6%of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — seewhat we don't scorefor why.
Cost difference
VTEB is 4 bps cheaper than SUB. On a $100,000 position that's about $40/yr more in fees for SUB.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with SUB vs VTEB.
Top shared holdings
767 shared in total| # | Holding | In SUB | In VTEB | Overlap |
|---|---|---|---|---|
| 1 | Dallas Independent School District | 0.09% | 0.09% | 0.09% |
| 2 | State of Illinois | 0.15% | 0.08% | 0.08% |
| 3 | Los Angeles Department of Water & Power | 0.10% | 0.08% | 0.08% |
| 4 | State of Illinois | 0.14% | 0.07% | 0.07% |
| 5 | University of California | 0.25% | 0.06% | 0.06% |
| 6 | New Jersey Educational Facilities Authority | 0.10% | 0.06% | 0.06% |
| 7 | State of New Jersey | 0.17% | 0.06% | 0.06% |
| 8 | State of Texas | 0.07% | 0.05% | 0.05% |
| 9 | Long Island Power Authority | 0.09% | 0.05% | 0.05% |
| 10 | State of California | 0.15% | 0.05% | 0.05% |
| 11 | New Jersey Turnpike Authority | 0.14% | 0.05% | 0.05% |
| 12 | State of New Jersey | 0.21% | 0.05% | 0.05% |
Only in SUB
2,150 total- BlackRock Liquidity Funds0.59%
- County of King0.35%
- San Antonio Water System0.28%
- City of Seattle0.27%
- Empire State Development Corp.0.25%
- Pennsylvania Turnpike Commission0.25%
- District of Columbia Water & Sewer Authority0.22%
- City of Houston Combined Utility System0.21%
- Commonwealth of Massachusetts0.20%
- New York City Transitional Finance Authority Future Tax Secured0.20%
Only in VTEB
9,418 total- University of California0.12%
- Triborough Bridge & Tunnel Authority0.11%
- Colorado State Education Loan Program0.11%
- State of California0.11%
- New York City Transitional Finance Authority Future Tax Secured Revenue0.09%
- Ohio Water Development Authority Water Pollution Control Loan Fund0.08%
- New York State Dormitory Authority0.08%
- New York State Dormitory Authority0.08%
- Ohio State University/The0.08%
- New York City Transitional Finance Authority Future Tax Secured Revenue0.08%
Open SUB 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 methodologyand 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.