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MLNvsVTEBETF Comparison

ETF 1

MLN

VanEck Long Muni ETF

This fund is part of

Municipal Bonds

+0.28%

Full MLN fund page

VS

ETF 2

VTEB

Vanguard Tax-Exempt Bond Index ETF

This fund is part of

Municipal Bonds

+0.28%

Full VTEB fund page

VanEck Long Muni ETF (MLN) and Vanguard Tax-Exempt Bond Index ETF (VTEB) belong to the same industry segment: Municipal Bonds. Both ETFs have the same top 1 sector exposures: Municipal. MLN is more expensive with a Total Expense Ratio (TER) of 0.24%, versus 0.03% for VTEB. MLN is down -1.77% year-to-date (YTD) with +$126M in YTD flows. VTEB performs better with -0.67% YTD performance, and +$11.29B in YTD flows. Run a side-by-side ETF comparison of MLN and VTEB below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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MLN vs VTEB performance and flow charts

Performance

Cumulative Flows

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

Data Services

Historic performance and flows

Data as of 10/26/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	MLN VTEB	+4.16%+3.90%	-2.92%-1.18%	-1.77%-0.67%	-1.87%-0.37%	+14.83%+13.22%	-7.35%+3.02%
Flows	MLN VTEB	+$82M+$4.74B	+$87M+$8.06B	+$126M+$11.29B	+$135M+$12.81B	+$337M+$24.37B	+$580M+$40.47B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	MLN VTEB	+7.45%+5.44%	+4.73%+3.45%	+5.74%+3.85%	+6.09%+3.84%
Max drawdown	MLN VTEB	-7.80%-5.74%	-9.02%-6.63%	-9.02%-6.63%	-23.40%-12.41%
Max drawdown duration	MLN VTEB	74d74d	112d112d	112d112d	1757d1001d

Trading data

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	MLN	VTEB
Last sale 10/27/2026 at 1:30 PM	$16.85	$48.69
Previous close 10/26/2026	$16.80	$48.68
Consolidated volume 10/26/2026
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

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	MLN	VTEB
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/27/2026 at 1:30 PM

Live

Closed

	MLN	VTEB
Last price	$16.85	$48.69
1D performance	+0.30%	+0.02%
AuM	$742.11 M	$52.51 B
E/R	0.24%	0.03%

Characteristics

	MLN	VTEB
Management strategy	Passive	Passive
Provider	VanEck	Vanguard
Benchmark	ICE Long AMT-Free Broad National Municipal Index	S&P National AMT-Free Municipal Bond Index
N° of holdings	346	5200
Asset class	-	Bonds
Trailing 12m distribution yield	Join	Join
Inception date	January 2, 2008	August 21, 2015
ESG	No	No

More MLN data on Trackinsight

More VTEB data on Trackinsight

Exposure

Countries

MLN

USA

56.14%

Other

43.86%

VTEB

USA

55.18%

Other

44.82%

Sectors

MLN

Municipal

56.14%

Other

43.86%

VTEB

Municipal

55.18%

Other

44.82%

Diversification

MLN

Total weight of top 15 holdings out of 15

7.99%

VTEB

Total weight of top 15 holdings out of 15

1.57%

Top 15 holdings

Data as of August 31, 2026

MLN

Houston Convention and Entertainment Facilities Department, 5.5% 1sep2058, USD (2026C)

0.76%

City of New York, 5% 1sep2048, USD (2025)

0.74%

Onondaga Civic Development Corp., 5.5% 1dec2056, USD (2025)

0.52%

Texas Transportation Finance Corp., 5.5% 1oct2055, USD (2025A)

0.52%

US677523JU73

0.51%

Los Angeles Department of Airports, 5.25% 15may2051, USD (2025)

0.51%

US64990KHZ93

0.51%

Salt River Project Agricultural Improvement and Power District, 5.25% 1jan2055, USD (2025)

0.50%

New York Municipal Water Finance Authority, 5.25% 15jun2055, USD (2026)

0.50%

Colorado Bridge and Tunnel Enterprise, 5.25% 1dec2054, USD (2025A)

0.50%

City of New York, 5% 1oct2045, USD (2026)

0.50%

Massachusetts, 5% 1aug2054, USD (2024)

0.49%

North Carolina Turnpike Authority, 5% 1jan2058, USD (2024A)

0.49%

US93978LJN73

0.49%

US677632N648

0.47%

VTEB

US13063EUN48

0.16%

US13063EUP95

0.15%

City of New York, 5% 1aug2034, USD (2026)

0.12%

University of California, 5% 15may2036, USD (2025)

0.11%

US68608JXF38

0.10%

Idaho, 4% 30jun2027, USD (2026)

0.10%

US87638QBF54

0.10%

California, 5.25% 1aug2032, USD

0.10%

US646140KX00

0.10%

New Jersey Health Care Facilities Financing Authority, 1.9% 1jul2061, USD (2026B-1)

0.10%

City of New York, 5% 1aug2032, USD (2026)

0.09%

US574193YA01

0.09%

Wisconsin, 5% 1may2038, USD (2026)

0.09%

Triborough Bridge and Tunnel Authority, 5% 1feb2028, USD (2026A)

0.08%

Dallas Independent School District, 5% 15feb2056, USD (2026B)

0.08%

Frequently asked questions about MLN and VTEB

How have the MLN and VTEB ETFs performed in 2026?

As of October 26, 2026, MLN is down -1.77% year-to-date (YTD), while VTEB has lost -0.67%. That puts VTEB better performer ahead so far this year.

Which ETF is attracting more investor money: MLN or VTEB?

Year-to-date, the MLN ETF saw +$126M in flows, compared to +$11.29B for VTEB.

Which ETF is more volatile: MLN or VTEB?

Over the past year, MLN had a volatility of 4.73%, while VTEB experienced 3.45%.

Which ETF is bigger: MLN or VTEB?

As of October 26, 2026, MLN holds $742.11 M in assets under management (AUM), while VTEB manages $52.51 B.

What sectors do the MLN and VTEB ETFs invest in?

MLN leans toward sectors like Municipal. Meanwhile, VTEB focuses on Municipal.

What are the top holdings of the MLN ETF and VTEB ETF?

MLN top holdings include Houston Convention and Entertainment Facilities Department, 5.5% 1sep2058, USD (2026C), City of New York, 5% 1sep2048, USD (2025) and Onondaga Civic Development Corp., 5.5% 1dec2056, USD (2025). VTEB holds in its top three: US13063EUN48, US13063EUP95 and City of New York, 5% 1aug2034, USD (2026).

MLNvsVTEBETF Comparison

VanEck Long Muni ETF

Vanguard Tax-Exempt Bond Index ETF

MLN vs VTEB performance and flow charts

Performance

Cumulative Flows

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

Countries

Sectors

Diversification

Top 15 holdings

How have the MLN and VTEB ETFs performed in 2026?

As of October 26, 2026, MLN is down -1.77% year-to-date (YTD), while VTEB has lost -0.67%. That puts VTEB better performer ahead so far this year.

Which ETF is attracting more investor money: MLN or VTEB?

Year-to-date, the MLN ETF saw +$126M in flows, compared to +$11.29B for VTEB.

Which ETF is more volatile: MLN or VTEB?

Over the past year, MLN had a volatility of 4.73%, while VTEB experienced 3.45%.

Which ETF is bigger: MLN or VTEB?

As of October 26, 2026, MLN holds $742.11 M in assets under management (AUM), while VTEB manages $52.51 B.

What sectors do the MLN and VTEB ETFs invest in?

MLN leans toward sectors like Municipal. Meanwhile, VTEB focuses on Municipal.

What are the top holdings of the MLN ETF and VTEB ETF?

Which ETF is more diversified: MLN or VTEB?

MLN holds 633 securities with 7.99% of its assets in the top 15. VTEB has 10722 securities and a top 15 weight of 1.57%.

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