Category

US Municipal Bond

US state and local government bonds. Interest is federally tax-exempt, and state-tax-exempt for in-state residents — the only US asset class where the tax wrapper materially changes the cost-benefit calculation in a taxable account.

15 funds in the catalog. Scored using methodology v0.5.1. · Read the guide

Top score

VTEB 97 / 100

Vanguard Tax-Exempt Bond Index Fund ETF Shares

Cheapest

VTEB 0.030%

Vanguard Tax-Exempt Bond Index Fund ETF Shares

Largest by AUM

VTEB $48.79B

Vanguard Tax-Exempt Bond Index Fund ETF Shares

All US Municipal Bond funds

Score Ticker Name AUM
97 VTEB Vanguard Tax-Exempt Bond Index Fund ETF Shares $48.79B
97 MUB iShares National Muni Bond ETF $45.82B
96 SUB iShares Short-Term National Muni Bond ETF $11.38B
93 SCMB Schwab Municipal Bond ETF $3.98B
92 CMF iShares California Muni Bond ETF $4.54B
89 JMUB JPMorgan Municipal ETF $8.05B
87 JMST JPMorgan Ultra-Short Municipal Income ETF $6.72B
86 NYF iShares New York Muni Bond ETF $1.38B
86 CGMU Capital Group Municipal Income ETF $6.31B
86 SHM State Street SPDR Nuveen ICE Short Term Municipal Bond ETF $3.47B
84 ITM VanEck Intermediate Muni ETF $2.19B
83 PZA Invesco National AMT-Free Municipal Bond ETF $4.29B
82 HYD VanEck High Yield Muni ETF $4.52B
78 MUNI PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund $3.09B
77 BAB Invesco Taxable Municipal Bond ETF $1.04B

Compare within US Municipal Bond

Run a side-by-side on any pair of US Municipal Bond funds — holdings overlap, cost difference, score breakdown. Start with the compare hub or jump directly to a fund page and use the picker.

Methodology v0.5.1. See /methodology/ for every threshold and weight used to score these funds.