ETF comparison
ITM vs MUNI
Both US Municipal Bond.
VanEck Intermediate Muni ETF · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
Holdings overlap
53 positions appear in both funds. Buying equal dollars of ITM and MUNI would leave roughly 4.6% 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
ITM is 17 bps cheaper than MUNI. On a $100,000 position that's about $170/yr more in fees for MUNI.
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 ITM vs MUNI.
Top shared holdings
53 shared in total| # | Holding | In ITM | In MUNI | Overlap |
|---|---|---|---|---|
| 1 | California Community Choice Financing Authority | 0.44% | 0.31% | 0.31% |
| 2 | Commonwealth Financing Authority | 0.26% | 0.26% | 0.26% |
| 3 | New York Energy Finance Development Corp | 0.24% | 0.24% | 0.24% |
| 4 | New Hampshire Business Finance Authority | 0.27% | 0.22% | 0.22% |
| 5 | New York State Dormitory Authority | 0.21% | 0.25% | 0.21% |
| 6 | Henrico County Economic Development Authority | 0.16% | 0.16% | 0.16% |
| 7 | Michigan State Hospital Finance Authority | 0.16% | 0.19% | 0.16% |
| 8 | Great Lakes Water Authority Sewage Disposal System Revenue | 0.15% | 0.20% | 0.15% |
| 9 | Black Belt Energy Gas District | 0.23% | 0.13% | 0.13% |
| 10 | Kentucky Public Energy Authority | 0.12% | 0.89% | 0.12% |
| 11 | State of California | 0.14% | 0.11% | 0.11% |
| 12 | Indiana Finance Authority | 0.10% | 0.12% | 0.10% |
Only in ITM
1,311 total- New Jersey Educational Facilities Authority 0.53%
- California Community Choice Financing Authority 0.50%
- State of California 0.44%
- Connecticut State Health & Educational Facilities Authority 0.39%
- California Community Choice Financing Authority 0.37%
- State of California 0.30%
- New York City Municipal Water Finance Authority 0.29%
- California Housing Finance Agency 0.28%
- Southeast Energy Authority A Cooperative District 0.27%
- Salem-Keizer School District No 24J 0.26%
Only in MUNI
527 total- UNITED STATES GOVT 2.47%
- UNITED STATES GOVT 2.00%
- FEDERAL HOME LOAN BANK (FHLB) 1.90%
- FEDERAL HOME LOAN BANK (FHLB) 1.60%
- UNITED STATES GOVT 1.31%
- FEDERAL HOME LOAN BANK (FHLB) 0.99%
- UNITED STATES GOVT 0.98%
- UNITED STATES GOVT 0.97%
- CONNECTICUT STATE HEALTH & EDUCATIONAL FACILITIES AUTHORITY 0.90%
- FORT BEND INDEPENDENT SCHOOL DISTRICT 0.88%
Open ITM or MUNI 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.