LMUBvsVTEIETF Comparison
VS
iShares Long-Term National Muni Bond ETF (LMUB) and Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI) belong to the same industry segment: Municipal Bonds. LMUB's top 2 sector exposures are Municipal and Non-Corporate. In contrast, VTEI's top sector exposures are Municipal. LMUB is more expensive with a Total Expense Ratio (TER) of 0.09%, versus 0.08% for VTEI. LMUB is down -3.61% year-to-date (YTD) with +$1.78B in YTD flows. VTEI performs better with -1.76% YTD performance, and +$1.03B in YTD flows. Run a side-by-side ETF comparison of LMUB and VTEI 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
LMUB vs VTEI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/19/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | LMUB VTEI | -0.85%+0.16% | -5.44%-2.55% | -3.61%-1.76% | -3.40%-1.11% | n/an/a | n/an/a |
| Flows | LMUB VTEI | -$126M+$518M | +$103M+$654M | +$1.78B+$1.03B | +$1.78B+$1.19B | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | LMUB VTEI | +7.10%+4.58% | +4.52%+2.84% | n/an/a | n/an/a |
| Max drawdown | LMUB VTEI | -8.12%-5.00% | -9.29%-6.13% | n/an/a | n/an/a |
| Max drawdown duration | LMUB VTEI | 91d91d | 105d232d | n/an/a | n/an/a |
Trading data
LMUB | VTEI | |
Last sale 10/19/2026 at 1:30 PM | $47.21 | $96.72 |
| Previous close 10/19/2026 | $47.31 | $96.77 |
| Consolidated volume 10/19/2026 | ||
| 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
LMUB | VTEI | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/19/2026 at 1:30 PM
Live
Closed
LMUB | VTEI | |
|---|---|---|
| Last price | $47.21 | $96.72 |
| 1D performance | -0.21% | -0.05% |
| AuM | $1.69 B | $2.11 B |
| E/R | 0.09% | 0.08% |
Characteristics
LMUB | VTEI | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | Vanguard |
| Benchmark | ICE Long AMT-Free US National Municipal Index | S&P Intermediate Term National AMT-Free Municipal Bond Index |
| N° of holdings | 408 | 2950 |
| Asset class | - | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 17, 2025 | January 30, 2024 |
| ESG | No | No |
Advertisement
Exposure
Countries
LMUB
USA
56.44%
Other
43.56%
VTEI
USA
53.74%
Other
46.26%
Sectors
LMUB
Municipal
53.58%
Other
46.42%
VTEI
Municipal
53.74%
Other
46.26%
Advertisement
Diversification
LMUB
Total weight of top 15 holdings out of 15
10.72%
VTEI
Total weight of top 15 holdings out of 15
2.61%
Top 15 holdings
Data as of August 31, 2026
LMUB
BlackRock Liquidity MuniCash
2.86%
Massachusetts, 5% 1oct2052, USD (2023)
0.86%
US64972JPQ57
0.63%
Oklahoma Capitol Improvement Authority, 5.25% 1jul2050, USD (2025A)
0.63%
US646039ZM26
0.61%
US70914P5R91
0.60%
US882725DA91
0.56%
US452153HP77
0.55%
US64985TGH86
0.53%
US452153PC72
0.52%
US812643C289
0.50%
Triborough Bridge and Tunnel Authority, 5% 15nov2041, USD (2026A-1)
0.48%
City of New York, 5.25% 1feb2050, USD (2025)
0.47%
US882270XW66
0.46%
Clark School District, 5% 15jun2040, USD (2026A)
0.46%
VTEI
US13063EUS35
0.51%
US13063EUP95
0.40%
California, 5% 1mar2035, USD
0.15%
California, 5% 1oct2035, USD
0.15%
New York Municipal Water Finance Authority, 5% 15jun2040, USD
0.14%
US13063EUV63
0.14%
University of California, 5% 15may2036, USD (2025)
0.13%
Idaho, 4% 30jun2027, USD (2026)
0.13%
US442403RT05
0.12%
New York Transitional Finance Authority, 5% 1nov2030, USD (2026)
0.12%
San Francisco Public Utilities Commission, 1% 1oct2026, USD (2021)
0.12%
Hudson Yards Infrastructure Corp., 5% 15feb2039, USD
0.12%
New York Dormitory Authority, 5% 15mar2033, USD (2026A)
0.12%
New York Dormitory Authority, 5% 15mar2035, USD (2026A)
0.12%
Hudson Yards Infrastructure Corp., 5% 15feb2042, USD
0.12%
Frequently asked questions about LMUB and VTEI
How have the LMUB and VTEI ETFs performed in 2026?
As of October 19, 2026, LMUB is down -3.61% year-to-date (YTD), while VTEI has lost -1.76%. That puts VTEI better performer ahead so far this year.
Which ETF is attracting more investor money: LMUB or VTEI?
Year-to-date, the LMUB ETF saw +$1.78B in flows, compared to +$1.03B for VTEI.
Which ETF is more volatile: LMUB or VTEI?
Over the past year, LMUB had a volatility of 4.52%, while VTEI experienced 2.84%.
Which ETF is bigger: LMUB or VTEI?
As of October 19, 2026, LMUB holds $1.69 B in assets under management (AUM), while VTEI manages $2.11 B.
What sectors do the LMUB and VTEI ETFs invest in?
LMUB leans toward sectors like Municipal. Meanwhile, VTEI focuses on Municipal.
What are the top holdings of the LMUB ETF and VTEI ETF?
LMUB top holdings include BlackRock Liquidity MuniCash, Massachusetts, 5% 1oct2052, USD (2023) and US64972JPQ57. VTEI holds in its top three: US13063EUS35, US13063EUP95 and California, 5% 1mar2035, USD.
Which ETF is more diversified: LMUB or VTEI?
LMUB holds 804 securities with 10.72% of its assets in the top 15. VTEI has 6052 securities and a top 15 weight of 2.61%.
Advertisement
Advertisement
