LMUB vs VXUS
iShares Long-Term National Muni Bond ETF vs Vanguard Total International Stock ETF
Which is better, LMUB or VXUS?
Long Term Municipal Bond against Large Cap Blend.
VXUS has a lower expense ratio. VXUS led over 1Y 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 | LMUB | VXUS |
|---|---|---|
| Expense Ratio | 0.09% | 0.05%Best |
| AUM | $1.6B | $158.1B |
| Dividend Yield | 3.90% | 2.51% |
| Holdings | 783 | 8,747 |
| YTD Return | -3.14% | +13.35%Best |
| 1Y Return | +0.41% | +22.44%Best |
| 3Y Return (annualized) | - | +19.44% |
| 5Y Return (annualized) | - | +8.82% |
| Volatility (annualized) | 6.0%Best | 12.3% |
| Max Drawdown | -6.1%Best | -13.6% |
| $10,000 over 1.5 years | $10,056 | $14,011Best |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Long Term Municipal Bond | Large Cap Blend |
| Inception | Mar 17, 2025 | Jan 26, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Mar 18, 2025 to Sep 10, 2026 (1.5 years).
LMUB vs VXUS 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 1.5 years both funds cover.
LMUB vs VXUS Performance
iShares Long-Term National Muni Bond ETF (LMUB) is an ETF from iShares by BlackRock (US) and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year LMUB returned +0.41% while VXUS returned +22.44%. Year to date, LMUB is down 3.14% versus a gain of 13.35% for VXUS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VXUS has been the more volatile fund, with annualized monthly volatility of 12.3% compared with 6.0% for LMUB. 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 -6.1% for LMUB and -13.6% for VXUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
LMUB charges 0.09% per year while VXUS charges 0.05%. On a $10,000 position that is $9 vs $5 annually, a gap of $4 per year that compounds over a long holding period. On income, LMUB currently yields 3.90% against 2.51% for VXUS.
Holdings Overlap
We hold position weights for 317 holdings in LMUB and 8,091 in VXUS, totalling 36.1% and 87.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 317 positions we hold weights for in LMUB and 8,091 in VXUS, against full books of 783 and 8,747.
You are not choosing between two funds in isolation.
Whichever of LMUB and VXUS 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, LMUB or VXUS?
LMUB has an expense ratio of 0.09% while VXUS charges 0.05%. VXUS is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, LMUB or VXUS?
Over the past year LMUB returned +0.41% vs +22.44% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (2 years), LMUB annualized +0.37% vs +25.21% for VXUS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LMUB or VXUS?
VXUS has been the more volatile fund at 12.3% annualized versus 6.0% for LMUB. Worst drawdown: LMUB -6.1% vs VXUS -13.6%.
Should I hold both LMUB and VXUS?
LMUB and VXUS have a monthly-return correlation of 0.62, 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, LMUB or VXUS?
LMUB yields 3.90% while VXUS yields 2.51%, so LMUB currently pays the higher dividend yield.
Is VXUS better than LMUB?
VXUS has a lower expense ratio. VXUS led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.