# Portfolio overlap — MUNY vs SCMB

Comparing **VANGUARD NEW YORK TAX-EXEMPT BOND ETF** (2026-02-28) and **Schwab Municipal Bond ETF** (2026-03-31).

- Shared positions: 995
- VANGUARD NEW YORK TAX-EXEMPT BOND ETF covered by Schwab Municipal Bond ETF: 0.1250476932227877911733917033
- Schwab Municipal Bond ETF covered by VANGUARD NEW YORK TAX-EXEMPT BOND ETF: 0.1250476932227877911733917031

## VANGUARD NEW YORK TAX-EXEMPT BOND ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| NEW YORK ST DORM AUTH REVENUES REGD B/E 5.50000000 | 0.003964 | ✓ |
| TRIBOROUGH NY BRIDGE   TUNNEL TRBTRN 05/51 FIXED 5 | 0.003278 | ✓ |
| TRIBOROUGH NY BRIDGE   TUNNEL TRBTRN 05/64 FIXED 5.25 | 0.003035 | ✓ |
| TRIBOROUGH NY BRIDGE & TUNNEL TRIBOROUGH BRIDGE & TUNNEL AUTHORITY | 0.002577 | ✓ |
| NYC TRANS-SUBSER A-4 | 0.002369 |  |
| TRIBOROUGH NY BRIDGE   TUNNEL TRITRN 05/62 FIXED 5.25 | 0.002226 | ✓ |
| NYC IDA VAR-B-STOCK E | 0.002211 |  |
| Hudson Yards Infrastructure Corp., Series 2017 A, Ref. RB | 0.002201 | ✓ |
| NEW YORK ST PWR AUTH REVENUE | 0.002189 | ✓ |
| BATTERY PARK-REF | 0.002102 | ✓ |
| NY ST UDC PIT REV 16A PREREF 5.0% 03-15-27/26 | 0.001961 |  |
| MTA HUDSON RAIL YRD-A | 0.001958 | ✓ |
| NY MTA TRANSP 5% 11/15/2050 | 0.001933 | ✓ |
| STATE OF NEW YORK SALES TAX REVENUE 5.0% 03-15-55 | 0.001851 | ✓ |
| NY HUYGEN 4 02/15/2047 | 0.001849 | ✓ |
| NY ST UDC PIT REV 16A 5.0% 03-15-28 | 0.001739 |  |
| TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX | 0.001710 | ✓ |
| Monroe County Industrial Development Corp. (University of Rochester), Series 2020 A, RB | 0.001709 | ✓ |
| BATTERY PK REV 5.25% 11/1/55 | 0.001705 |  |
| NY TRANSITIONAL FIN-B | 0.001683 |  |
| PORT NY NJ 5% 9/1/2054 | 0.001661 | ✓ |
| TRIBOROUGH NY BRIDGE & TUNNEL REGD B/E 5.00000000 | 0.001632 |  |
| UTILITY-TE-2 | 0.001621 | ✓ |
| NY MTA TRANSP 5.25% 11/15/2055 | 0.001621 | ✓ |
| MET TRANSPRTN AUTH NY REVENUE | 0.001611 |  |
| NEW YORK ST PWR AUTH REVENUE NYSPWR 11/45 FIXED 4 | 0.001608 | ✓ |
| SYRACUSE UNIVERSITY 5.5% 12-01-56 | 0.001597 |  |
| TRIBOROUGH NY BRIDGE | 0.001588 | ✓ |
| NY ST TWY AUTH 4% 1/1/50 | 0.001568 |  |
| MET TRANSPRTN AUTH NY REVENUE | 0.001549 | ✓ |
| Monroe County Industrial Development Corp. (University of Rochester), Series 2023 A, RB | 0.001544 | ✓ |
| NEW YORK ST DR 4% 7/1/2043 | 0.001526 | ✓ |
| NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT | 0.001521 |  |
| New York State Dormitory Authority, Series 2024, RB | 0.001506 |  |
| TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE | 0.001484 | ✓ |
| New York City Transitional Finance Authority Future Tax Secured, Series 2023A-1 | 0.001471 | ✓ |
| NEW YORK NY | 0.001470 | ✓ |
| YANKEE STADIUM LLC AG 4.0% 03-01-45 | 0.001457 |  |
| TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE | 0.001445 | ✓ |
| TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE | 0.001442 | ✓ |
| NY CITY TRANS FIN-F-1 | 0.001440 | ✓ |
| STATE OF NEW YORK ST AID WITHHLDG 5.0% 07-15-36 | 0.001435 | ✓ |
| NY CITY TRANS FIN-F-1 | 0.001426 |  |
| NY ST TWY AUTH 4% 1/1/2045 | 0.001409 | ✓ |
| MET TRANSPRTN-C-1 | 0.001408 | ✓ |
| NY ENVRNMNTL FACS-A | 0.001398 | ✓ |
| NEW YORK-F-REF | 0.001398 | ✓ |
| TRIBOROUGH NY BRIDGE   TUNNEL TRBTRN 05/49 FIXED 5 | 0.001391 | ✓ |
| TRIBOROUGH NY BRIDGE   TUNNEL TRBTRN 05/54 FIXED 5.25 | 0.001390 | ✓ |
| NEW YORK UNIVERSITY 4.0% 07-01-46 | 0.001356 | ✓ |

## Schwab Municipal Bond ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| NEW YORK NY | 0.002702 |  |
| MASSACHUSETTS ST | 0.002519 |  |
| Gwinnett County School District, Series 2025, GO Bonds | 0.002481 |  |
| NEW YORK-G-G-1 | 0.002406 | ✓ |
| PENNSYLVANIA ST-1ST | 0.002368 |  |
| NASHVILLE& DAVIDSON-A | 0.002365 |  |
| NEW YORK NY | 0.002249 |  |
| NYC TRANSITIONAL-F-1 | 0.002226 |  |
| State of California Department of Water Resources | 0.002192 |  |
| State of Oregon Department of Transportation, Series 2024A | 0.002113 |  |
| NYC TRANSITIONAL-S-1A | 0.002043 | ✓ |
| GWINNETT GA SD 5% 2/1/2032 | 0.002013 |  |
| LOS ANGELES UNIF SD-A | 0.001979 |  |
| WASHING ST -C | 0.001973 |  |
| Pennsylvania Turnpike Commission, Series 2023-1 | 0.001935 |  |
| NEW YORK CITY NY MUNI | 0.001919 |  |
| State of California | 0.001914 |  |
| Louisville & Jefferson County Metropolitan Sewer District, Series 2024A | 0.001913 |  |
| MASSACHUSETTS ST | 0.001827 |  |
| MASSACHUSETTS ST DEV FIN AGY R REGD N/C B/E 5.00000000 | 0.001798 |  |
| Washington (State of), Series 2018 C, GO Bonds | 0.001747 |  |
| State of Maryland, Series 2023A | 0.001726 |  |
| IN FIN REV 5% 2/1/2039 | 0.001706 |  |
| NYC NY 5% 8/1/2034 | 0.001697 |  |
| NORTHWEST TX INDEP SCH DIST REGD B/E PSF-GTD 5.00000000 | 0.001695 |  |
| STATE OF CALIFORNIA 5.0% 04-01-49 | 0.001695 |  |
| MTA HUDSON RAIL YRD-A | 0.001687 | ✓ |
| State of Connecticut 4.00% 01/15/2035 | 0.001663 |  |
| STATE OF CALIFORNIA 5.0% 09-01-31 | 0.001652 |  |
| UNIV CA REGENTS-CE | 0.001643 |  |
| NY STATE UR D 5% 3/15/2036 | 0.001631 |  |
| NEW YORK ST DORM AUTH SALES TAX REVENUE | 0.001612 | ✓ |
| Highland Park Independent School District, Series 2024 | 0.001612 |  |
| PRIV CLGS & UNIVS AUTH GA | 0.001611 |  |
| NYC WTR 5.25% 6/15/55 | 0.001611 | ✓ |
| County of Wake, Series 2023A | 0.001608 |  |
| ILLINOIS FN RV 5% 4/1/2034 | 0.001604 |  |
| NYC TRANSITIONAL-E-1 | 0.001595 |  |
| City of Alexandria | 0.001587 |  |
| MA ST-A | 0.001572 |  |
| State of California, Series 2024 | 0.001565 |  |
| State of Connecticut | 0.001548 |  |
| UNIV OF CA REGENTS-BQ | 0.001545 |  |
| WA ST-SER R-2023A-REF | 0.001545 |  |
| OH TPK 5% 2/15/2046 | 0.001538 |  |
| Chicago Transit Authority, Series A | 0.001525 |  |
| NEW YORK-D | 0.001519 |  |
| GREAT LAKES WTR 5.25% 7/1/2047 | 0.001515 |  |
| WILLIAMSON CO-NTS | 0.001512 |  |
| Texas Water Development Board, Series 2020 | 0.001512 |  |


## Sources

- N-PORT (fund A) — accession `0000788599-26-000049` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/788599/000078859926000049/0000788599-26-000049-index.htm>
- N-PORT (fund B) — accession `0001410368-26-050059` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1454889/000141036826050059/0001410368-26-050059-index.htm>

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