MUNXvsVGVTETF Comparison
VS
AMG GW&K Muni Income ETF (MUNX) belongs to the Municipal Bonds segment. Vanguard Government Securities Active ETF (VGVT) is part of the US Government Bonds segment. MUNX's top 1 sector exposures are Municipal. In contrast, VGVT's top sector exposures are Sovereign and Government Agencies. MUNX is more expensive with a Total Expense Ratio (TER) of 0.29%, versus 0.1% for VGVT. MUNX is down -1.86% year-to-date (YTD) with +$10M in YTD flows. VGVT performs better with -1.32% YTD performance, and +$5M in YTD flows. Run a side-by-side ETF comparison of MUNX and VGVT 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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MUNX vs VGVT performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/15/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MUNX VGVT | -3.01%-1.12% | -3.69%-1.91% | -1.86%-1.32% | n/a-1.00% | n/an/a | n/an/a |
| Flows | MUNX VGVT | -+$1M | --$4M | +$10M+$5M | -+$23M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MUNX VGVT | +3.61%+3.50% | n/a+3.46% | n/an/a | n/an/a |
| Max drawdown | MUNX VGVT | -4.25%-2.29% | n/a-3.28% | n/an/a | n/an/a |
| Max drawdown duration | MUNX VGVT | 71d79d | n/a199d | n/an/a | n/an/a |
Trading data
MUNX | VGVT | |
Last sale 9/17/2026 at 2:00 PM | $24.00 | $73.17 |
| Previous close 09/16/2026 | $23.93 | $73.07 |
| Consolidated volume 09/16/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 9/17/2026 at 2:00 PM
Live
Closed
MUNX | VGVT | |
|---|---|---|
| Last price | $24.00 | $73.17 |
| 1D performance | +0.27% | +0.13% |
| AuM | $19.12 M | $36.82 M |
| E/R | 0.29% | 0.1% |
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Exposure
Countries
MUNX
USA
50.25%
Other
49.75%
VGVT
USA
44.65%
Other
55.35%
Sectors
MUNX
Municipal
50.25%
Other
49.75%
VGVT
Sovereign
43.19%
Other
56.81%
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Diversification
MUNX
Total weight of top 15 holdings out of 15
32.67%
VGVT
Total weight of top 15 holdings out of 15
27.62%
Top 15 holdings
Data as of July 31, 2026
MUNX
Commonwealth Financing Authority, 4% 1jun2039, USD (2018)
3.06%
County of Jefferson (AL), 5.5% 1oct2053, USD (2024)
2.64%
US70868YAL39
2.57%
US03843TBQ31
2.23%
Houston, 5% 1sep2038, USD (2026C)
2.19%
US717823Y444
2.16%
US65889BEL45
2.15%
New York Transportation Development Corp., 6% 30jun2055, USD (2025)
2.13%
US46613SGA24
2.09%
Massachusetts Development Finance Agency, 5.5% 1oct2044, USD (2026A)
2.03%
Texas Private Activity Bond Surface Transportation Corp., 5% 30jun2058, USD (2019)
1.98%
US74448EAA29
1.92%
New York Urban Development Corp., 4% 31oct2034, USD (2021)
1.89%
New York Transportation Development Corp., 5% 1oct2040, USD (2020)
1.81%
US84136HCT86
1.80%
VGVT
US3136B1K865
4.73%
US3136B4KB37
2.35%
US3136AY6U29
2.17%
US01F0526800
2.13%
USA, Notes 3.875% 30jun2030, USD (AA-2030)
2.10%
USA, Notes 4% 31mar2030, USD (W-2030)
2.05%
USA, Notes 3.5% 15oct2028, USD (AT-2028)
1.80%
USA, Notes 4.125% 31aug2030, USD (P-2030)
1.76%
USA, Notes 4% 30apr2032, USD (K-2032)
1.64%
USA, Notes 4.625% 30apr2029, USD (Y-2029)
1.22%
USA, Notes 4.25% 31jan2030, USD (U-2030)
1.22%
US3136G5ZX16
1.15%
USA, Notes 3.875% 31jul2030, USD (AB-2030)
1.14%
US3138LM6U27
1.13%
USA, Notes 3.75% 31oct2032, USD (R-2032)
1.03%
Frequently asked questions about MUNX and VGVT
How have the MUNX and VGVT ETFs performed in 2026?
As of September 15, 2026, MUNX is down -1.86% year-to-date (YTD), while VGVT has lost -1.32%. That puts VGVT better performer ahead so far this year.
Which ETF is attracting more investor money: MUNX or VGVT?
Year-to-date, the MUNX ETF saw +$10M in flows, compared to +$5M for VGVT.
Which ETF is bigger: MUNX or VGVT?
As of September 15, 2026, MUNX holds $19.12 M in assets under management (AUM), while VGVT manages $36.82 M.
What sectors do the MUNX and VGVT ETFs invest in?
MUNX leans toward sectors like Municipal. Meanwhile, VGVT focuses on Sovereign.
What are the top holdings of the MUNX ETF and VGVT ETF?
MUNX top holdings include Commonwealth Financing Authority, 4% 1jun2039, USD (2018), County of Jefferson (AL), 5.5% 1oct2053, USD (2024) and US70868YAL39. VGVT holds in its top three: US3136B1K865, US3136B4KB37 and US3136AY6U29.
Which ETF is more diversified: MUNX or VGVT?
MUNX holds 74 securities with 32.67% of its assets in the top 15. VGVT has 252 securities and a top 15 weight of 27.62%.
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Latest news about MUNX & VGVT
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