ETF comparison
CGMU vs VTEB
Both US Municipal Bond.
Capital Group Municipal Income ETF · Vanguard Tax-Exempt Bond Index Fund ETF Shares
Holdings overlap
221 positions appear in both funds. Buying equal dollars of CGMU and VTEB would leave roughly 3.2% of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
VTEB is 24 bps cheaper than CGMU. On a $100,000 position that's about $240/yr more in fees for CGMU.
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 CGMU vs VTEB.
Top shared holdings
221 shared in total| # | Holding | In CGMU | In VTEB | Overlap |
|---|---|---|---|---|
| 1 | Triborough Bridge & Tunnel Authority | 0.20% | 0.11% | 0.11% |
| 2 | Colorado State Education Loan Program | 0.09% | 0.11% | 0.09% |
| 3 | Dallas Independent School District | 0.13% | 0.09% | 0.09% |
| 4 | Ohio State University/The | 0.21% | 0.08% | 0.08% |
| 5 | Chicago Board of Education Dedicated Capital Improvement Tax | 0.10% | 0.06% | 0.06% |
| 6 | New York City Transitional Finance Authority Future Tax Secured Revenue | 0.12% | 0.06% | 0.06% |
| 7 | State of Maryland Department of Transportation | 0.10% | 0.06% | 0.06% |
| 8 | New Jersey Transportation Trust Fund Authority | 0.14% | 0.05% | 0.05% |
| 9 | New York City Transitional Finance Authority Future Tax Secured Revenue | 0.06% | 0.05% | 0.05% |
| 10 | University of California | 0.06% | 0.05% | 0.05% |
| 11 | City of San Antonio TX Electric & Gas Systems Revenue | 0.16% | 0.05% | 0.05% |
| 12 | Triborough Bridge & Tunnel Authority | 0.10% | 0.05% | 0.05% |
Only in CGMU
1,905 total- Commonwealth of Puerto Rico 0.67%
- Triborough Bridge & Tunnel Authority 0.58%
- Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.57%
- University of California 0.56%
- New York City Municipal Water Finance Authority 0.54%
- County of Montgomery MD 0.53%
- Harris County Cultural Education Facilities Finance Corp 0.51%
- Connecticut State Health & Educational Facilities Authority 0.50%
- Mississippi Business Finance Corp 0.49%
- Black Belt Energy Gas District 0.47%
Only in VTEB
9,964 total- University of California 0.12%
- State of California 0.11%
- New York City Transitional Finance Authority Future Tax Secured Revenue 0.09%
- Ohio Water Development Authority Water Pollution Control Loan Fund 0.08%
- New York State Dormitory Authority 0.08%
- New York State Dormitory Authority 0.08%
- New York City Transitional Finance Authority Future Tax Secured Revenue 0.08%
- Public Finance Authority 0.08%
- State of Illinois 0.08%
- New Hampshire Municipal Bond Bank 0.08%
Open CGMU 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.