NBB vs VTI
Nuveen Taxable Municipal Income Fund vs Vanguard Morningstar Total Stock Market ETF
Which is better, NBB or VTI?
Municipal Bond against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y 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 | NBB | VTI |
|---|---|---|
| Expense Ratio | 2.10% | 0.03%Best |
| AUM | - | $666.9B |
| Dividend Yield | 7.37% | 1.03% |
| Holdings | 155 | 3,543 |
| YTD Return | +0.95% | +11.65%Best |
| 1Y Return | +0.46% | +17.34%Best |
| 3Y Return (annualized) | +8.68% | +20.35%Best |
| 5Y Return (annualized) | -1.44% | +11.72%Best |
| Volatility (annualized) | 11.1%Best | 14.9% |
| Max Drawdown | -33.5%Best | -35.0% |
| $10,000 over 5 years | $9,300 | $17,404Best |
| Fund Family | Nuveen | Vanguard (US) |
| Category | Tax Preferred | Equity |
| Style | Municipal Bond | Large Cap Blend |
| Inception | Apr 28, 2010 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 28, 2010 to Sep 10, 2026 (16.4 years).
NBB 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
NBB vs VTI Performance
Nuveen Taxable Municipal Income Fund (NBB) is an ETF from Nuveen and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year NBB returned +0.46% while VTI returned +17.34%. Year to date, NBB is up 0.95% versus a gain of 11.65% for VTI.
Over three years, NBB compounded at +8.68% per year against +20.35% for VTI; over five years the annualized figures are -1.44% and +11.72% respectively. Across the full 16-year window we track, VTI has the edge at +12.21% annualized vs +0.71%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 14.9% compared with 11.1% for NBB. 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 -33.5% for NBB and -35.0% 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 0.38. They move together some of the time, and apart the rest.
Fees and Cost Over Time
NBB charges 2.10% per year while VTI charges 0.03%. On a $10,000 position that is $210 vs $3 annually, a gap of $207 per year that compounds over a long holding period. On income, NBB currently yields 7.37% against 1.03% for VTI.
Holdings Overlap
We hold position weights for 2 holdings in NBB and 2,787 in VTI, totalling 0.5% and 90.6% 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 2 positions we hold weights for in NBB and 2,787 in VTI, against full books of 155 and 3,543.
You are not choosing between two funds in isolation.
Whichever of NBB 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, NBB or VTI?
NBB has an expense ratio of 2.10% while VTI charges 0.03%. VTI is the cheaper option, by $207 a year on a $10,000 investment.
Which performed better, NBB or VTI?
Over the past year NBB returned +0.46% vs +17.34% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (16 years), NBB annualized +0.71% vs +12.21% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NBB or VTI?
VTI has been the more volatile fund at 14.9% annualized versus 11.1% for NBB. Worst drawdown: NBB -33.5% vs VTI -35.0%.
Should I hold both NBB and VTI?
NBB and VTI have a monthly-return correlation of 0.38, 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, NBB or VTI?
NBB yields 7.37% while VTI yields 1.03%, so NBB currently pays the higher dividend yield.
Is VTI better than NBB?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.