SCNMvsVSDMETF Comparison
VS
Sterling Capital National Municipal Bond ETF (SCNM) and Vanguard Short Duration Tax-Exempt Bond ETF (VSDM) belong to the same industry segment: Municipal Bonds. SCNM's top 2 sector exposures are Municipal and Non-Corporate. In contrast, VSDM's top sector exposures are Municipal. SCNM is more expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.12% for VSDM. SCNM is down -2.36% year-to-date (YTD) with +$240M in YTD flows. VSDM performs better with 0.45% YTD performance, and +$1.01B in YTD flows. Run a side-by-side ETF comparison of SCNM and VSDM 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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SCNM vs VSDM performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/15/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SCNM VSDM | -0.79%-0.08% | -3.74%-0.90% | -2.36%+0.45% | n/a+0.97% | n/an/a | n/an/a |
| Flows | SCNM VSDM | +$3M+$326M | +$16M+$563M | +$240M+$1.01B | -+$1.11B | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SCNM VSDM | +5.48%+2.68% | n/a+1.65% | n/an/a | n/an/a |
| Max drawdown | SCNM VSDM | -6.09%-2.74% | n/a-2.75% | n/an/a | n/an/a |
| Max drawdown duration | SCNM VSDM | 92d64d | n/a102d | n/an/a | n/an/a |
Trading data
SCNM | VSDM | |
Last sale 10/16/2026 at 1:30 PM | $23.85 | $75.07 |
| Previous close 10/15/2026 | $23.82 | $74.98 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
SCNM | VSDM | |
|---|---|---|
| Last price | $23.85 | $75.07 |
| 1D performance | +0.15% | +0.11% |
| AuM | $237.60 M | $1.34 B |
| E/R | 0.35% | 0.12% |
Characteristics
SCNM | VSDM | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Sterling Capital Active ETF | Vanguard |
| Benchmark | - | - |
| N° of holdings | 43 | 965 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 11, 2025 | November 19, 2024 |
| ESG | No | No |
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Exposure
Countries
SCNM
USA
45.91%
Other
54.09%
VSDM
USA
42.8%
Other
57.2%
Sectors
SCNM
Municipal
43.57%
Other
56.43%
VSDM
Municipal
42.8%
Other
57.2%
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Diversification
SCNM
Total weight of top 15 holdings out of 15
25.62%
VSDM
Total weight of top 15 holdings out of 15
5.2%
Top 15 holdings
Data as of August 31, 2026
SCNM
Federated Hermes Treasury Obligations Fund
2.34%
New Mexico Municipal Energy Acquisition Authority, FRN 1jun2054, USD (2025)
2.05%
US56035DJJ28
1.98%
California Community Choice Financing Authority, 5% 1jan2056, USD (2024H)
1.88%
US763262DL32
1.85%
Black Belt Energy Gas District, 5% 1jul2033, USD (2026)
1.71%
US57582TFG22
1.69%
US292723BN27
1.62%
Southern California Public Power Authority, 5% 1apr2055, USD (2024A)
1.61%
California Community Choice Financing Authority, 5% 1feb2055, USD (2024F)
1.52%
Georgia Housing and Finance Authority, 4.7% 1dec2055, USD (2025)
1.50%
New York Transportation Development Corp., 5% 1oct2035, USD (2020)
1.50%
US837032CT69
1.47%
Chandler Industrial Development Authority, 5% 1sep2052, USD (2022-2)
1.46%
US57584YJU47
1.45%
VSDM
US13013JCS33
0.49%
California Community Choice Financing Authority, 5% 1jul2053, USD (2023B)
0.44%
US84136HAH66
0.44%
New Jersey Transportation Trust Fund Authority, 5% 15dec2034, USD
0.36%
Rutherford Health and Educational Facilities Board, 5% 15nov2048, USD (2025B-1)
0.33%
Florida Municipal Power Agency, 4% 1oct2030, USD (2018A)
0.33%
US13013JAP12
0.33%
US09182TEC71
0.33%
US54811GS350
0.33%
Energy Southeast, 5% 1nov2033, USD (2026)
0.31%
US09182TLC98
0.31%
Texas Municipal Gas Acquisition and Supply Corp., 5.5% 1jan2054, USD (2023A)
0.31%
US842469DL92
0.30%
US56035DEN84
0.30%
Southern California Public Power Authority, 5% 1nov2033, USD (2026A)
0.29%
Frequently asked questions about SCNM and VSDM
How have the SCNM and VSDM ETFs performed in 2026?
As of October 15, 2026, SCNM is down -2.36% year-to-date (YTD), while VSDM has returned 0.45%. That puts VSDM better performer ahead so far this year.
Which ETF is attracting more investor money: SCNM or VSDM?
Year-to-date, the SCNM ETF saw +$240M in flows, compared to +$1.01B for VSDM.
Which ETF is bigger: SCNM or VSDM?
As of October 15, 2026, SCNM holds $237.60 M in assets under management (AUM), while VSDM manages $1.34 B.
What sectors do the SCNM and VSDM ETFs invest in?
SCNM leans toward sectors like Municipal. Meanwhile, VSDM focuses on Municipal.
What are the top holdings of the SCNM ETF and VSDM ETF?
SCNM top holdings include Federated Hermes Treasury Obligations Fund, New Mexico Municipal Energy Acquisition Authority, FRN 1jun2054, USD (2025) and US56035DJJ28. VSDM holds in its top three: US13013JCS33, California Community Choice Financing Authority, 5% 1jul2053, USD (2023B) and US84136HAH66.
Which ETF is more diversified: SCNM or VSDM?
SCNM holds 98 securities with 25.62% of its assets in the top 15. VSDM has 3102 securities and a top 15 weight of 5.2%.
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