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FTOH vs VTEB

Franklin Ohio Municipal Income ETF

FTOHCNYSE Arca

Vanguard Tax-Exempt Bond ETF

VTEBANYSE Arca

Overlap

No data

Expense ratio

VTEB −0.32pt a year

FTOH0.35%VTEB0.03%

Avg volume · 30D

VTEB 378.3×the volume

FTOH46.8KVTEB17.7M

FTOH vs VTEB Performance

Dec 31, 2025 – Nov 9, 2026

+1.7%FTOH+0.8%VTEB

Dec 31, 2025 to Nov 9, 2026. FTOH +1.7%. VTEB +0.8%. Use the arrow keys to read each point.−4%−2%Dec 2025Jun 2026Nov 2026
Expense ratio
FTOH 0.35%
VTEB 0.03%, better
Fund size
FTOH $78M
VTEB $49.6B
1Y total return
FTOH No data
VTEB +1.3%
Yield (12M)
FTOH No data
VTEB 3.45%
Holdings
FTOH 91
VTEB 11156
Avg volume (30D)
FTOH 46.8K sh
VTEB 17.7M sh, better
NAV per share
FTOH $8.23
VTEB $49.27
52W range

ETF.net Grade

FTOH: Cost 35, Risk 49, Mission 87, Tradability 33, Holdings 43, Durability 51. VTEB: Cost 99, Risk 62, Mission 100, Tradability 81, Holdings 86, Durability 95.
Pillar letters and Scores for FTOH, VTEB, with each pillar’s weight
PillarFTOHVTEB
Cost30% weightD35A99Higher
Mission25% weightA87A100Higher
Risk15% weightC49B62Higher
Tradability15% weightD33A81Higher
Holdings10% weightC43A86Higher
Durability5% weightC51A95Higher

Rank among Other Municipal Bond funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FTOH and VTEB are both graded against the same 63 Other Municipal Bond funds, so their Grades compare head to head.

Other Municipal Bond⁠

Category · 63 funds
See all 63 ›

VTEB ranks 1st and FTOH 47th of 63 funds in the Other Municipal Bond Category.

  1. Rank 1AVTEBVanguard Tax-Exempt Bond ETFScore 89
  2. Rank 2AVCRMVanguard Core Tax-Exempt Bond EScore 86
  3. Rank 47CBMOPBNY Mellon Municipal Opportunities ETFScore 51
  4. Rank 47CFTOHFranklin Ohio Municipal Income ETFScore 51
  5. Rank 47CRMOPRockefeller Opportunistic Municipal Bond ETFScore 51

Our read on each fund

ETF.net Research

FTOHCFranklin Ohio Municipal Income ETF

VTEBAVanguard Tax-Exempt Bond ETF

In short

FTOH No data

VTEB Vanguard's national muni index fund, running since 2015 at three basis points, a tenth of what the typical muni ETF charges. Its benchmark screens for investment-grade bonds whose income is exempt from federal tax and the AMT.

Stated mandate

FTOH No data

VTEB VTEB seeks to track an index measuring the investment-grade segment of the U.S. municipal bond market. It uses passive sampling to approximate the index and generally invests in federally tax-exempt municipal securities.

Why people hold it

FTOH No data

  • VTEB Three basis points a year against a 0.30% muni-ETF median. On tax-exempt bonds, where coupons are modest, that fee gap is a real slice of the payout.
  • The index holds only investment-grade munis whose interest is exempt from federal income tax and the alternative minimum tax, so the income carries no AMT surprise.vanguard.com
  • A multi-billion-dollar fund and one of the most heavily traded in the muni category, which tends to show up as tight bid-ask spreads. Income is paid monthly.
  • It has tracked its benchmark closely and sits among the strongest implementations in a crowded muni bond peer group.

Worth knowing

FTOH No data

  • VTEB Federal exemption, not blanket coverage. Income can still be taxable in your home state, which is why single-state funds like NYF exist alongside it.vanguard.com
  • Credit quality is investment grade, so rates are the main swing factor: when muni yields rise, bond prices and the fund's share price fall.vanguard.com
  • Sampling, not full replication. The fund owns a representative slice of a very large index rather than every bond in it.vanguard.com

Full FTOH profile⁠

Full VTEB profile⁠

FTOH vs VTEB Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FTOH vs VTEB Cost

Overpaying FTOH vs VTEB

$6,488

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FTOH 0.35%

    $7,126

  • VTEB 0.03%

    $638

$10,000
30 years

Cost over time

  • FTOH 0.35%
  • VTEB 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530FTOH $7,126VTEB $638

Year by year

YearFTOHVTEBOverpaying
10$634$55$579
20$2,454$216$2,238
30$7,126$638$6,488

Expense ratio

  • 0.35%FTOH
  • 0.03%VTEB, cheaper
  • Middle half of Other Municipal Bond funds
  • Median 0.30%

VTEB cheapest of 63 funds

FTOH 37th cheapest of 63 funds

FTOH vs VTEB Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
FTOH No data
VTEB 3.45%
Payout (12M)
FTOH No data
VTEB $1.70
Last payment
FTOH $0.03
VTEB $0.14
Ex-dividend
FTOH Nov 2, 2026
VTEB Nov 2, 2026
Paid on
FTOH Nov 5, 2026
VTEB Nov 4, 2026
Frequency
FTOH Monthly
VTEB Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

FTOHMonthly · 12 paymentsAll FTOH payments⁠
One bar per payment. 12 payments from 2023 to 2026 YTD. Dec 1, 2025 $0.02; Dec 19, 2025 $0.03; Feb 2, 2026 $0.04; Mar 2, 2026 $0.02; Apr 1, 2026 $0.03; May 1, 2026 $0.03; Jun 1, 2026 $0.02; Jul 1, 2026 $0.03; Aug 3, 2026 $0.03; Sep 1, 2026 $0.02; Oct 1, 2026 $0.02; Nov 2, 2026 $0.03. Use the arrow keys to read each point.$0$0.1020232026YTD
VTEBMonthly · 46 paymentsAll VTEB payments⁠
One bar per payment. 46 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.11; Mar 1, 2023 $0.12; Apr 3, 2023 $0.11; May 1, 2023 $0.12; Jun 1, 2023 $0.11; Jul 3, 2023 $0.12; Aug 1, 2023 $0.12; Sep 1, 2023 $0.12; Oct 2, 2023 $0.12; Nov 1, 2023 $0.12; Dec 1, 2023 $0.13; Dec 22, 2023 $0.13; Feb 1, 2024 $0.13; Mar 1, 2024 $0.13; Apr 1, 2024 $0.13; May 1, 2024 $0.13; Jun 3, 2024 $0.13; Jul 1, 2024 $0.13; Aug 1, 2024 $0.13; Sep 3, 2024 $0.13; Oct 1, 2024 $0.13; Nov 1, 2024 $0.13; Dec 2, 2024 $0.13; Dec 24, 2024 $0.13; Feb 3, 2025 $0.13; Mar 3, 2025 $0.14; Apr 1, 2025 $0.14; May 1, 2025 $0.14; Jun 2, 2025 $0.14; Jul 1, 2025 $0.14; Aug 1, 2025 $0.14; Sep 2, 2025 $0.14; Oct 1, 2025 $0.14; Nov 3, 2025 $0.14; Dec 1, 2025 $0.14; Dec 18, 2025 $0.14; Feb 2, 2026 $0.14; Mar 2, 2026 $0.15; Apr 1, 2026 $0.14; May 1, 2026 $0.14; Jun 1, 2026 $0.14; Jul 1, 2026 $0.14; Aug 3, 2026 $0.14; Sep 1, 2026 $0.14; Oct 1, 2026 $0.14; Nov 2, 2026 $0.14. Use the arrow keys to read each point.$0$0.1020232026YTD

FTOH vs VTEB Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FTOH No dataVTEB 5.8%
Return per unit of riskSharpe ratio, 3 years
FTOH No dataVTEB −0.004
Worst fallMax drawdown, 5 years
FTOH No dataVTEB −12.3%
Market sensitivityBeta, 5 years
FTOH 0.15VTEB 0.95

FTOH and VTEB in the news

All news⁠

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