ETF comparison
SUB vs VTEB
Both US Municipal Bond.
iShares Short-Term National Muni Bond ETF · Vanguard Tax-Exempt Bond Index Fund ETF Shares
Holdings overlap
784 positions appear in both funds. Buying equal dollars of SUB and VTEB would leave roughly 8.1% 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
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 the cost calculator pre-filled with SUB vs VTEB.
Top shared holdings
784 shared in total| # | Holding | In SUB | In VTEB | Overlap |
|---|---|---|---|---|
| 1 | Dallas Independent School District | 0.09% | 0.08% | 0.08% |
| 2 | State of Illinois | 0.15% | 0.08% | 0.08% |
| 3 | State of Illinois | 0.14% | 0.08% | 0.08% |
| 4 | New York State Thruway Authority | 0.08% | 0.07% | 0.07% |
| 5 | Los Angeles Department of Water & Power | 0.17% | 0.07% | 0.07% |
| 6 | University of California | 0.24% | 0.07% | 0.07% |
| 7 | State of Texas | 0.13% | 0.06% | 0.06% |
| 8 | Missouri Highway & Transportation Commission | 0.08% | 0.06% | 0.06% |
| 9 | New Jersey Educational Facilities Authority | 0.16% | 0.05% | 0.05% |
| 10 | Los Angeles Department of Water & Power Water System | 0.16% | 0.05% | 0.05% |
| 11 | State of Georgia | 0.09% | 0.05% | 0.05% |
| 12 | City of Los Angeles CA | 0.13% | 0.05% | 0.05% |
Only in SUB
2,192 total- New York City Transitional Finance Authority Future Tax Secured 0.33%
- State of California 0.28%
- New York City Municipal Water Finance Authority 0.27%
- Triborough Bridge & Tunnel Authority 0.25%
- Empire State Development Corp. 0.24%
- City of Seattle WA Municipal Light & Power Revenue 0.23%
- State of Georgia 0.22%
- City of New York 0.21%
- Commonwealth of Massachusetts 0.20%
- New York City Transitional Finance Authority Future Tax Secured 0.20%
Only in VTEB
9,807 total- City of New York NY 0.12%
- University of California 0.11%
- State of Idaho 0.10%
- State of California 0.10%
- State of Maryland 0.09%
- New York State Thruway Authority 0.09%
- Triborough Bridge & Tunnel Authority 0.09%
- Ohio Water Development Authority Water Pollution Control Loan Fund 0.08%
- Energy Northwest 0.08%
- New York State Dormitory Authority 0.08%
Related comparisons
More comparisons with SUB
- SUB vs SCMB · Schwab Municipal Bond ETF 6.0%
- SUB vs CMF · iShares California Muni Bond ETF 4.8%
- SUB vs NYF · iShares New York Muni Bond ETF 3.1%
- SUB vs JMST · JPMorgan Ultra-Short Municipal Income ETF 2.9%
- SUB vs CGMU · Capital Group Municipal Income ETF 1.8%
- SUB vs JMUB · JPMorgan Municipal ETF 1.2%
More comparisons with VTEB
- VTEB vs CMF · iShares California Muni Bond ETF 7.6%
- VTEB vs NYF · iShares New York Muni Bond ETF 5.6%
- VTEB vs ITM · VanEck Intermediate Muni ETF 4.3%
- VTEB vs CGMU · Capital Group Municipal Income ETF 3.4%
- VTEB vs JMUB · JPMorgan Municipal ETF 3.4%
- VTEB vs SHM · State Street SPDR Nuveen ICE Short Term Municipal Bond ETF 2.4%
Percentages are holdings overlap with the named fund.
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 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.