VTELvsNMBETF Comparison
VS
Vanguard Long-Term Tax-Exempt Bond ETF (VTEL) belongs to the Municipal Bonds segment. Simplify National Muni Bond ETF (NMB) is part of the Options Strategies segment. Both ETFs have the same top 1 sector exposures: Municipal. VTEL is less expensive with a Total Expense Ratio (TER) of 0.09%, versus 0.52% for NMB. VTEL is down -0.8% year-to-date (YTD) with +$196M in YTD flows. NMB performs better with 0.13% YTD performance, and +$4M in YTD flows. Run a side-by-side ETF comparison of VTEL and NMB 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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VTEL vs NMB performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/01/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | VTEL NMB | -1.30%-0.53% | -2.49%-0.86% | -0.80%+0.13% | +4.97%+6.36% | n/an/a | n/an/a |
| Flows | VTEL NMB | +$43M+$615K | +$92M+$1M | +$196M+$4M | +$296M+$2M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | VTEL NMB | +3.52%+3.41% | +3.34%+4.79% | n/an/a | n/an/a |
| Max drawdown | VTEL NMB | -3.62%-2.45% | -3.62%-5.33% | n/an/a | n/an/a |
| Max drawdown duration | VTEL NMB | 57d56d | 57d307d | n/an/a | n/an/a |
Trading data
VTEL | NMB | |
Last sale 9/2/2026 at 1:30 PM | $100.02 | $24.05 |
| Previous close 09/01/2026 | $100.08 | $24.08 |
| Consolidated volume 09/01/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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NMB
is actively managed and doesn’t replicate an indexVTEL | NMB | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/2/2026 at 1:30 PM
Live
Closed
VTEL | NMB | |
|---|---|---|
| Last price | $100.02 | $24.05 |
| 1D performance | -0.06% | -0.10% |
| AuM | $362.54 M | $48.42 M |
| E/R | 0.09% | 0.52% |
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Exposure
Countries
VTEL
USA
58.08%
Other
41.92%
NMB
USA
54.36%
Other
45.64%
Sectors
VTEL
Municipal
58.08%
Other
41.92%
NMB
Municipal
54.36%
Other
45.64%
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Diversification
VTEL
Total weight of top 15 holdings out of 15
1.86%
NMB
Total weight of top 15 holdings out of 15
53.67%
Top 15 holdings
Data as of July 31, 2026
VTEL
California, 5% 1aug2050, USD
0.16%
Grand Parkway Transportation Corp., 5% 1oct2043, USD (2018A)
0.15%
US64972JN619
0.15%
New York Municipal Water Finance Authority, 5.25% 15jun2053, USD (2025)
0.13%
New York Dormitory Authority, 5.5% 1jul2054, USD (2024A)
0.13%
US64972JDG04
0.13%
California, 5% 1aug2042, USD
0.12%
Hudson Yards Infrastructure Corp., 5% 15feb2042, USD
0.12%
New Jersey Turnpike Authority, 5% 1jan2052, USD (2026)
0.12%
New York Urban Development Corp., 5% 15mar2043, USD (2020C)
0.11%
New York Dormitory Authority, 4% 15feb2047, USD (2019D)
0.11%
New York Metropolitan Transportation Authority, 4% 15nov2036, USD (2016B)
0.11%
Tampa-Hillsborough Expressway Authority, 5% 1jul2047, USD (2017)
0.11%
California Educational Facilities Authority, 5% 1oct2055, USD (2025A)
0.10%
Los Angeles Department of Water and Power, 5% 1jul2042, USD
0.10%
NMB
US43233KAW45
4.39%
Salt River Project Agricultural Improvement and Power District, 5.25% 1jan2055, USD (2025)
4.37%
US93974FJY07
4.32%
Jacksonville Aviation Authority, 5.25% 1oct2055, USD (2026)
4.22%
Aldine Independent School District, 4.375% 15feb2051, USD (2026)
3.99%
Midlothian Independent School District, 4.375% 15feb2056, USD (2026)
3.40%
US60637AA360
3.27%
Lee, 5.5% 1oct2051, USD (2026A-1)
3.27%
San Francisco Airport Commission, 5.5% 1may2055, USD (2025D)
3.27%
US46613SUP37
3.23%
Austin, 5.25% 15nov2051, USD (2026B)
3.20%
New Jersey Transportation Trust Fund Authority, 5% 15jun2050, USD (2025)
3.19%
US6500093S07
3.19%
Omaha Public Power District, 5% 1feb2056, USD (2026)
3.18%
US3730643H50
3.17%
Frequently asked questions about VTEL and NMB
How have the VTEL and NMB ETFs performed in 2026?
As of September 1, 2026, VTEL is down -0.8% year-to-date (YTD), while NMB has returned 0.13%. That puts NMB better performer ahead so far this year.
Which ETF is attracting more investor money: VTEL or NMB?
Year-to-date, the VTEL ETF saw +$196M in flows, compared to +$4M for NMB.
Which ETF is more volatile: VTEL or NMB?
Over the past year, VTEL had a volatility of 3.34%, while NMB experienced 4.79%.
Which ETF is bigger: VTEL or NMB?
As of September 1, 2026, VTEL holds $362.54 M in assets under management (AUM), while NMB manages $48.42 M.
What sectors do the VTEL and NMB ETFs invest in?
VTEL leans toward sectors like Municipal. Meanwhile, NMB focuses on Municipal.
What are the top holdings of the VTEL ETF and NMB ETF?
VTEL top holdings include California, 5% 1aug2050, USD, Grand Parkway Transportation Corp., 5% 1oct2043, USD (2018A) and US64972JN619. NMB holds in its top three: US43233KAW45, Salt River Project Agricultural Improvement and Power District, 5.25% 1jan2055, USD (2025) and US93974FJY07.
Which ETF is more diversified: VTEL or NMB?
VTEL holds 4397 securities with 1.86% of its assets in the top 15. NMB has 36 securities and a top 15 weight of 53.67%.
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Latest news about VTEL & NMB
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