NMB vs VTI
Simplify National Muni Bond ETF vs Vanguard Morningstar Total Stock Market ETF
Quick Verdict
VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 3,543 holdings.
Side-by-Side Comparison
| Metric | NMB | VTI | Winner |
|---|---|---|---|
| Expense Ratio | 0.52% | 0.03% | |
| AUM | $49M | $666.9B | |
| Dividend Yield | 5.52% | 1.07% | |
| Holdings | 31 | 3,543 | |
| YTD Return | +0.44% | +12.65% | |
| 1Y Return | +7.25% | +21.39% | |
| 3Y Return (annualized) | - | +21.54% | |
| 5Y Return (annualized) | - | +12.11% | |
| Volatility (annualized) | 10.8% | 15.3% | |
| Max Drawdown | -13.7% | -56.6% | |
| Fund Family | Simplify Exchange Traded Funds | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Sep 9, 2024 | May 24, 2001 |
NMB vs VTI Performance
Simplify National Muni Bond ETF (NMB) is a ETF from Simplify Exchange Traded Funds and Vanguard Morningstar Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year NMB returned +7.25% while VTI returned +21.39%. Year to date, NMB is up 0.44% versus a gain of 12.65% for VTI.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 10.8% for NMB. 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 -13.7% for NMB and -56.6% for VTI. 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 0.48. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NMB charges 0.52% per year while VTI charges 0.03%. On a $10,000 position that is $52 vs $3 annually, a gap of $49 per year that compounds over a long holding period. On income, NMB currently yields 5.52% against 1.07% for VTI.
Holdings Overlap
NMB and VTI share 0 holdings out of 2798 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, NMB or VTI?
NMB has an expense ratio of 0.52% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $49 per year of difference.
Which performed better, NMB or VTI?
Over the past year NMB returned +7.25% vs +21.39% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (2 years), NMB annualized +3.32% vs +8.07% for VTI. Past performance does not guarantee future results.
Which is riskier, NMB or VTI?
VTI has been the more volatile fund at 15.3% annualized versus 10.8% for NMB. Worst drawdown: NMB -13.7% vs VTI -56.6%.
Should I hold both NMB and VTI?
NMB and VTI have a monthly-return correlation of 0.48, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NMB and VTI?
NMB and VTI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 2798 unique securities.
Which pays a higher dividend, NMB or VTI?
NMB yields 5.52% while VTI yields 1.07%, so NMB currently pays the higher dividend yield.
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