MLN vs VXUS

Quick Verdict

VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.

Lower Fees: VXUSHigher Returns: VXUSMore Diversified: VXUS

Side-by-Side Comparison

MetricMLNVXUSWinner
Expense Ratio0.24%0.05%
AUM$691M$156.5B
Dividend Yield3.66%2.60%
Holdings6828,747
YTD Return-0.48%+14.57%
1Y Return+5.50%+27.82%
3Y Return (annualized)+2.76%+19.27%
5Y Return (annualized)-1.61%+9.28%
Volatility (annualized)42.0%15.1%
Max Drawdown-62.4%-39.9%
Fund FamilyVanEckVanguard (US)
CategoryTax PreferredEquity
InceptionJan 2, 2008Jan 26, 2011

MLN vs VXUS Performance

VanEck Long Muni ETF (MLN) is a ETF from VanEck and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year MLN returned +5.50% while VXUS returned +27.82%. Year to date, MLN is down 0.48% versus a gain of 14.57% for VXUS.

Over three years, MLN compounded at +2.76% per year against +19.27% for VXUS; over five years the annualized figures are -1.61% and +9.28% respectively. Across the full 16-year window we track, VXUS has the edge at +4.86% annualized vs +2.84%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

MLN has been the more volatile fund, with annualized monthly volatility of 42.0% compared with 15.1% for VXUS. 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 -62.4% for MLN and -39.9% for VXUS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.36. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

MLN charges 0.24% per year while VXUS charges 0.05%. On a $10,000 position that is $24 vs $5 annually, a gap of $19 per year that compounds over a long holding period. On income, MLN currently yields 3.66% against 2.60% for VXUS.

Holdings Overlap

0.0%overlap

MLN and VXUS share 0 holdings out of 8224 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, MLN or VXUS?

MLN has an expense ratio of 0.24% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $19 per year of difference.

Which performed better, MLN or VXUS?

Over the past year MLN returned +5.50% vs +27.82% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (16 years), MLN annualized +2.84% vs +4.86% for VXUS. Past performance does not guarantee future results.

Which is riskier, MLN or VXUS?

MLN has been the more volatile fund at 42.0% annualized versus 15.1% for VXUS. Worst drawdown: MLN -62.4% vs VXUS -39.9%.

Should I hold both MLN and VXUS?

MLN and VXUS have a monthly-return correlation of 0.36, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between MLN and VXUS?

MLN and VXUS share 0 common holdings with a 0.0% weight overlap. Combined, they hold 8224 unique securities.

Which pays a higher dividend, MLN or VXUS?

MLN yields 3.66% while VXUS yields 2.60%, so MLN currently pays the higher dividend yield.

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