New

Create, analyze, optimize your ETF portfolio. Start now →

Advertisement
Advertisement

APMUvsVTECETF Comparison

ETF 1
APMU

ActivePassive Intermediate Municipal Bond ETF

This fund is part of
Municipal Bonds
+0.67%
VS
ETF 2
VTEC

Vanguard California Tax-Exempt Bond ETF

This fund is part of
Municipal Bonds
+0.67%

ActivePassive Intermediate Municipal Bond ETF (APMU) and Vanguard California Tax-Exempt Bond ETF (VTEC) belong to the same industry segment: Municipal Bonds. In contrast, VTEC's top sector exposures are Municipal. APMU is more expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.06% for VTEC. APMU is down -1.36% year-to-date (YTD) with +$55M in YTD flows. VTEC performs worse with -2.38% YTD performance, and +$2.50B in YTD flows. Run a side-by-side ETF comparison of APMU and VTEC below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios.  Discover our library of Model portfolios

APMU vs VTEC performance and flow charts

Performance

-2.5-2.0-1.5-1.0-0.50.0%Sep 15Sep 22Sep 29Oct 6Oct 13

Cumulative Flows

0 M200 M400 M600 M800 MSep 15Sep 22Sep 29Oct 6Oct 13

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 10/15/2026
1M3MYTD1Y3Y5Y
Perf.
APMU
VTEC
-0.08%-0.40%
-1.92%-3.67%
-1.36%-2.38%
-0.82%-1.56%
+9.30%n/a
n/an/a
Flows
APMU
VTEC
+$6M+$773M
+$13M+$1.27B
+$55M+$2.50B
+$66M+$2.86B
+$227M-
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
APMU
VTEC
+3.84%+4.95%
+2.39%+3.14%
+2.49%n/a
n/an/a
Max drawdown
APMU
VTEC
-4.17%-5.98%
-5.19%-6.50%
-5.19%n/a
n/an/a
Max drawdown duration
APMU
VTEC
92d92d
228d228d
228dn/a
n/an/a
Trading data

Create an account to view trading data

Join for free
APMU
VTEC
Last sale
10/16/2026 at 1:30 PM
$24.29
$95.41
Previous close
10/15/2026
$24.29
$95.36
Consolidated volume
10/15/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of September 30, 2026
1-year trailing difference

Create an account to view replication metrics

Join for free

APMU
is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free
APMU
VTEC
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Advertisement
Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
APMU
VTEC
Last price
$24.29
$95.41
1D performance
+0.00%
+0.05%
AuM$252.63 M$4.12 B
E/R0.35%0.06%
Characteristics
APMU
VTEC
Management strategyActivePassive
ProviderEnvestnet Asset ManagementVanguard
Benchmark-S&P California AMT-Free Municipal Bond Index
N° of holdings-1739
Asset class-Bonds
Trailing 12m distribution yield
Join
Join
Inception dateMay 3, 2023January 30, 2024
ESGNoNo
Advertisement
Exposure

Countries

APMU
Data will be available soon
VTEC
USA
60.82%
Other
39.18%

Sectors

APMU
Data will be available soon
VTEC
Municipal
60.82%
Other
39.18%
Advertisement

Diversification

APMU
Data will be available soon
VTEC

Total weight of top 15 holdings out of 15

4.13%

Top 15 holdings

Data as of January 1, 1970
APMU
Data will be available soon
VTEC
University of California, FRN 15may2048, USD (2013)
0.52%
University of California, 5% 15may2036, USD (2025)
0.44%
Los Angeles Unified School District, 5% 1jul2034, USD (2024A)
0.33%
Bay Area Toll Authority, 5% 1apr2061, USD (2026)
0.31%
US072024YF30
0.29%
US91412HWB58
0.27%
US544647HQ66
0.23%
Foothill/Eastern Transportation Corridor Agency, 4% 15jan2046, USD (2021A)
0.23%
California Educational Facilities Authority, 5% 1oct2055, USD (2025A)
0.23%
University of California, 5% 15may2032, USD (2022)
0.23%
US13063EUX20
0.22%
US13063EUR51
0.22%
Irvine Ranch Water District, FRN 1oct2041, USD (2009A)
0.21%
Los Angeles Department of Water and Power, 5% 1jul2028, USD (2025)
0.21%
California, 5.25% 1aug2032, USD
0.20%
Frequently asked questions about APMU and VTEC

How have the APMU and VTEC ETFs performed in 2026?

As of October 15, 2026, APMU is down -1.36% year-to-date (YTD), while VTEC has lost -2.38%. That puts APMU better performer ahead so far this year.

Which ETF is attracting more investor money: APMU or VTEC?

Year-to-date, the APMU ETF saw +$55M in flows, compared to +$2.50B for VTEC.

Which ETF is more volatile: APMU or VTEC?

Over the past year, APMU had a volatility of 2.39%, while VTEC experienced 3.14%.

Which ETF is bigger: APMU or VTEC?

As of October 15, 2026, APMU holds $252.63 M in assets under management (AUM), while VTEC manages $4.12 B.

Advertisement
Advertisement
Advertisement
ETF INVESTOR RESOURCES

Expert-Built ETF Portfolios, All in One Place

Don’t start from scratch. Discover ready-made ETF portfolios built by professionals to match different goals, timelines, and market views. Use them as inspiration or as a starting point for your own allocation.

Portfolio Builder