VMBSvsBSMYETF Comparison
VS
Vanguard Mortgage-Backed Securities ETF (VMBS) belongs to the MBS & ABS segment. Invesco BulletShares 2034 Municipal Bond ETF (BSMY) is part of the Municipal Bonds segment. VMBS's top 3 sector exposures are Industrials, Finance and Government Agencies. In contrast, BSMY's top sector exposures are Municipal. VMBS is less expensive with a Total Expense Ratio (TER) of 0.03%, versus 0.18% for BSMY. VMBS is down -1.56% year-to-date (YTD) with +$1.65B in YTD flows. BSMY performs better with -1.55% YTD performance, and +$77M in YTD flows. Run a side-by-side ETF comparison of VMBS and BSMY 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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VMBS vs BSMY performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/23/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | VMBS BSMY | +0.90%+2.03% | -0.77%-1.17% | -1.56%-1.55% | -1.07%-1.17% | +19.19%n/a | +0.51%n/a |
| Flows | VMBS BSMY | +$101M+$23M | +$687M+$28M | +$1.65B+$77M | +$1.62B+$96M | -$1.53B- | +$2.95B- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | VMBS BSMY | +5.69%+6.03% | +4.39%+3.89% | +5.35%n/a | +6.51%n/a |
| Max drawdown | VMBS BSMY | -4.22%-6.37% | -5.75%-7.85% | -5.75%n/a | -16.74%n/a |
| Max drawdown duration | VMBS BSMY | 59d71d | 236d236d | 236dn/a | 1398dn/a |
Trading data
VMBS | BSMY | |
Last sale 10/23/2026 at 1:30 PM | $45.23 | $23.39 |
| Previous close 10/22/2026 | $45.30 | $23.38 |
| Consolidated volume 10/22/2026 | ||
| 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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VMBS | BSMY | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/23/2026 at 1:30 PM
Live
Closed
VMBS | BSMY | |
|---|---|---|
| Last price | $45.23 | $23.39 |
| 1D performance | -0.15% | +0.04% |
| AuM | $15.87 B | $163.94 M |
| E/R | 0.03% | 0.18% |
Characteristics
VMBS | BSMY | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Vanguard | Invesco |
| Benchmark | Bloomberg U.S. MBS Float Adjusted Index | ICE BulletShares Municipal Bond 2034 Index |
| N° of holdings | 698 | 380 |
| Asset class | Bonds | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 19, 2009 | September 11, 2024 |
| ESG | No | No |
Exposure
Countries
VMBS
USA
26.03%
Other
73.97%
BSMY
USA
29.17%
Other
70.83%
Sectors
VMBS
Industrials
25.62%
Other
74.38%
BSMY
Municipal
29.17%
Other
70.83%
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Diversification
VMBS
Total weight of top 15 holdings out of 15
3.67%
BSMY
Total weight of top 15 holdings out of 15
5.69%
Top 15 holdings
Data as of August 31, 2026
VMBS
G2 MB0025, 5% 20nov2054, USD (ABS)
0.28%
US3618N56H72
0.28%
US3618N6K636
0.26%
US3618N6BE68
0.26%
US3140Y9B864
0.26%
G2 MB0024, 4.5% 20nov2054, USD (ABS)
0.25%
US21H0606A46
0.25%
US3132E0TL66
0.25%
US3142J6DY61
0.24%
US3618N6HU47
0.23%
FR SD8146, 2% 1may2051, USD (ABS)
0.23%
US3618N6FL65
0.23%
US01F0526982
0.22%
US3142J6C840
0.22%
FR RQ0056, 5.5% 1oct2055, USD (ABS)
0.21%
BSMY
New York Dormitory Authority, 5.5% 1jul2054, USD (2024A)
0.61%
Triborough Bridge and Tunnel Authority, 5.25% 15may2064, USD (2024A-1)
0.52%
Los Angeles Unified School District, 5% 1jul2034, USD (2024A)
0.50%
New York Municipal Water Finance Authority, 5.25% 15jun2053, USD (2025)
0.44%
Massachusetts, 5% 1jan2054, USD (2024)
0.44%
Triborough Bridge and Tunnel Authority, 3% 15nov2034, USD
0.40%
University of Missouri System Facilities, 5% 1nov2034, USD (2024)
0.40%
South Carolina Public Service Authority, 5.25% 1dec2054, USD (2024)
0.35%
US64972JGW27
0.31%
US89602HHH30
0.30%
North Carolina Turnpike Authority, 5% 1jan2058, USD (2024A)
0.29%
US59260XCG16
0.28%
US65000B8S01
0.28%
US97705MJ897
0.28%
US57584Y7K96
0.27%
Frequently asked questions about VMBS and BSMY
How have the VMBS and BSMY ETFs performed in 2026?
As of October 23, 2026, VMBS is down -1.56% year-to-date (YTD), while BSMY has lost -1.55%. That puts BSMY better performer ahead so far this year.
Which ETF is attracting more investor money: VMBS or BSMY?
Year-to-date, the VMBS ETF saw +$1.65B in flows, compared to +$77M for BSMY.
Which ETF is more volatile: VMBS or BSMY?
Over the past year, VMBS had a volatility of 4.39%, while BSMY experienced 3.89%.
Which ETF is bigger: VMBS or BSMY?
As of October 23, 2026, VMBS holds $15.87 B in assets under management (AUM), while BSMY manages $163.94 M.
What sectors do the VMBS and BSMY ETFs invest in?
VMBS leans toward sectors like Industrials. Meanwhile, BSMY focuses on Municipal.
What are the top holdings of the VMBS ETF and BSMY ETF?
VMBS top holdings include G2 MB0025, 5% 20nov2054, USD (ABS), US3618N56H72 and US3618N6K636. BSMY holds in its top three: New York Dormitory Authority, 5.5% 1jul2054, USD (2024A), Triborough Bridge and Tunnel Authority, 5.25% 15may2064, USD (2024A-1) and Los Angeles Unified School District, 5% 1jul2034, USD (2024A).
Which ETF is more diversified: VMBS or BSMY?
VMBS holds 4834 securities with 3.67% of its assets in the top 15. BSMY has 1972 securities and a top 15 weight of 5.69%.
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