BMN vs VTI
BlackRock 2037 Municipal Target Term Trust vs Vanguard Morningstar Total Stock Market ETF
Which is better, BMN or VTI?
VTI has been ahead.
VTI has a lower expense ratio. VTI led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BMN | VTI |
|---|---|---|
| Expense Ratio | 2.17% | 0.03%Best |
| AUM | $152M | $666.9B |
| Dividend Yield | 4.50% | 1.03% |
| Holdings | 170 | 3,543 |
| YTD Return | -5.80% | +12.30%Best |
| 1Y Return | -1.09% | +16.08%Best |
| 3Y Return (annualized) | +4.36% | +21.01%Best |
| 5Y Return (annualized) | - | +12.36% |
| Volatility (annualized) | 10.5%Best | 13.3% |
| Max Drawdown | -13.0%Best | -19.3% |
| $10,000 over 3.9 years | $11,184 | $20,748Best |
| Fund Family | BlackRock, Inc. (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Blend |
| Inception | Oct 26, 2022 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Oct 27, 2022 to Sep 18, 2026 (3.9 years).
BMN vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.9 years both funds cover.
BMN vs VTI Performance
BlackRock 2037 Municipal Target Term Trust (BMN) is an ETF from BlackRock, Inc. (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year BMN returned -1.09% while VTI returned +16.08%. Year to date, BMN is down 5.80% versus a gain of 12.30% for VTI.
Over three years, BMN compounded at +4.36% per year against +21.01% for VTI. Across the full 4-year window we track, VTI has the edge at +20.58% annualized vs +2.91%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 10.5% for BMN. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -13.0% for BMN and -19.3% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BMN charges 2.17% per year while VTI charges 0.03%. On a $10,000 position that is $217 vs $3 annually, a gap of $214 per year that compounds over a long holding period. On income, BMN currently yields 4.50% against 1.03% for VTI.
Holdings Overlap
We hold position weights for 63 holdings in BMN and 3,463 in VTI, totalling 68.6% and 98.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 122 days apart, BMN as of Mar 31, 2026 and VTI as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 63 positions we hold weights for in BMN and 3,463 in VTI, against full books of 170 and 3,543.
You are not choosing between two funds in isolation.
Whichever of BMN and VTI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BMN or VTI?
BMN has an expense ratio of 2.17% while VTI charges 0.03%. VTI is the cheaper option, by $214 a year on a $10,000 investment.
Which performed better, BMN or VTI?
Over the past year BMN returned -1.09% vs +16.08% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (4 years), BMN annualized +2.91% vs +20.58% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BMN or VTI?
VTI has been the more volatile fund at 13.3% annualized versus 10.5% for BMN. Worst drawdown: BMN -13.0% vs VTI -19.3%.
Should I hold both BMN and VTI?
BMN and VTI have a monthly-return correlation of 0.54, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BMN or VTI?
BMN yields 4.50% while VTI yields 1.03%, so BMN currently pays the higher dividend yield.
Is VTI better than BMN?
VTI has a lower expense ratio. VTI led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.