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LMUB vs VTEL

iShares Long-Term National Muni Bond ETF

LMUBBNYSE Arca

Vanguard Long-Term Tax-Exempt Bond ETF

VTELBCboe

Overlap

No data

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

LMUB0.09%VTEL0.09%

Avg volume · 30D

LMUB 5.1×the volume

LMUB547KVTEL108K

LMUB vs VTEL Performance

Oct 31, 2025 – Oct 30, 2026

−1.1%LMUB−1.0%VTEL

Oct 31, 2025 to Oct 30, 2026. LMUB −1.1%. VTEL −1.0%. Use the arrow keys to read each point.−6%−4%2%4%Oct 2025Apr 2026Oct 2026
Expense ratio
LMUB 0.09%
VTEL 0.09%
Fund size
LMUB $1.83B
VTEL $417M
1Y total return
LMUB −1.1%
VTEL −1.0%, better
Yield (12M)
LMUB 4.03%, better
VTEL 3.93%
Holdings
LMUB 1086
VTEL 4926
Avg volume (30D)
LMUB 547K sh, better
VTEL 108K sh
NAV per share
LMUB $48.19
VTEL $99.55
52W range

ETF.net Grade

LMUB: Cost 80, Risk 38, Mission 59, Tradability 63, Holdings 64, Durability 70. VTEL: Cost 80, Risk 48, Mission 59, Tradability 63, Holdings 77, Durability 53.
Pillar letters and Scores for LMUB, VTEL, with each pillar’s weight
PillarLMUBVTEL
Cost30% weightA80A80
Mission25% weightB59B59
Risk15% weightD38C48Higher
Tradability15% weightB63B63
Holdings10% weightB64A77Higher
Durability5% weightA70HigherC53

Rank among Long-Duration Municipal Bonds funds

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

Same Category. LMUB and VTEL are both graded against the same 5 Long-Duration Municipal Bonds funds, so their Grades compare head to head.

Long-Duration Municipal Bonds⁠

Category · 5 funds
See all 5 ›

VTEL ranks 1st and LMUB 2nd of 5 funds in the Long-Duration Municipal Bonds Category.

  1. Rank 1BVTELVanguard Long-Term Tax-Exempt Bond ETFScore 65
  2. Rank 2BLMUBiShares Long-Term National Muni Bond ETFScore 63
  3. Rank 3BMLNVanEck Long Muni ETFScore 55

Our read on each fund

ETF.net Research

LMUBBiShares Long-Term National Muni Bond ETF

VTELBVanguard Long-Term Tax-Exempt Bond ETF

In short

LMUB Most muni funds hand you the whole maturity curve. LMUB takes only the long end: investment-grade national municipal bonds maturing in 12 years or more, indexed, for 0.09% a year.

VTEL No data

Stated mandate

LMUB The fund seeks to track an index of investment-grade U.S. municipal bonds with maturities of at least 12 years.

VTEL No data

Why people hold it

  • LMUB Charges 0.09% a year against a 0.30% median for muni funds, so more of the tax-exempt coupon stays with shareholders.
  • Not a broad fund with a long tilt. The ICE AMT-free index it follows holds only national munis maturing in 12+ years, roughly 800 bonds deep.
  • Pays income monthly, and cost plus index discipline put it among the stronger builds in a crowded muni field.

VTEL No data

Worth knowing

  • LMUB Long maturities cut both ways: 12-year-plus bonds swing harder on rate moves than short or intermediate muni funds.
  • Launched in 2025, so the track record is short and the risk picture rests on limited history.
  • Whole-curve muni funds go cheaper (VTEB and SCMB at 0.03%). The 0.09% here buys the long-only slice, not broad coverage.

VTEL No data

Full LMUB profile⁠

Full VTEL profile⁠

LMUB vs VTEL 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.

LMUB vs VTEL Cost

Same expense ratio

$1,898

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

  • LMUB 0.09%

    $1,898

  • VTEL 0.09%

    $1,898

$10,000
30 years

Cost over time

  • LMUB 0.09%
  • VTEL 0.09%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K$2K051015202530LMUB $1,898VTEL $1,898

Year by year

YearLMUBVTEL
10$165$165
20$646$646
30$1,898$1,898

Expense ratio

  • 0.09%LMUB
  • 0.09%VTEL
  • Middle half of Long-Duration Municipal Bonds funds
  • Median 0.24%

LMUB cheapest of 5 funds

VTEL cheapest of 5 funds

LMUB vs VTEL Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
LMUB 4.03%, better
VTEL 3.93%
Payout (12M)
LMUB $1.94
VTEL $3.91
Last payment
LMUB $0.19
VTEL $0.32
Ex-dividend
LMUB Oct 1, 2026
VTEL Oct 1, 2026
Paid on
LMUB Oct 6, 2026
VTEL Oct 5, 2026
Frequency
LMUB Monthly
VTEL Monthly

Distribution history

Per share, 2025 to 2026, same scale for both

LMUBMonthly · 18 paymentsAll LMUB payments⁠
One bar per payment. 18 payments from 2025 to 2026 YTD. May 1, 2025 $0.24; Jun 2, 2025 $0.17; Jul 1, 2025 $0.17; Aug 1, 2025 $0.17; Sep 2, 2025 $0.16; Oct 1, 2025 $0.16; Nov 3, 2025 $0.17; Dec 1, 2025 $0.17; Dec 19, 2025 $0.17; Feb 2, 2026 $0.17; Mar 2, 2026 $0.17; Apr 1, 2026 $0.08; May 1, 2026 $0.16; Jun 1, 2026 $0.16; Jul 1, 2026 $0.16; Aug 3, 2026 $0.17; Sep 1, 2026 $0.16; Oct 1, 2026 $0.19. Use the arrow keys to read each point.$0$0.502026YTD
VTELMonthly · 16 paymentsAll VTEL payments⁠
One bar per payment. 16 payments from 2025 to 2026 YTD. Jul 1, 2025 $0.47; Aug 1, 2025 $0.25; Sep 2, 2025 $0.32; Oct 1, 2025 $0.30; Nov 3, 2025 $0.31; Dec 1, 2025 $0.33; Dec 18, 2025 $0.34; Feb 2, 2026 $0.33; Mar 2, 2026 $0.31; Apr 1, 2026 $0.34; May 1, 2026 $0.34; Jun 1, 2026 $0.33; Jul 1, 2026 $0.34; Aug 3, 2026 $0.31; Sep 1, 2026 $0.31; Oct 1, 2026 $0.32. Use the arrow keys to read each point.$0$0.502026YTD

LMUB vs VTEL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
LMUB 7.6%since Apr 2025VTEL 7.4%since Jun 2025
Return per unit of riskSharpe ratio, 3 years
LMUB −0.23since Apr 2025VTEL −0.03since Jun 2025
Worst fallMax drawdown, 5 years
LMUB −9.5%since Mar 2025VTEL −8.6%since May 2025
Market sensitivityBeta, 5 years
LMUB 0.17VTEL 0.22

Popular comparisons

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