# Portfolio overlap — VTES vs IBMS Comparing **VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF** (2026-02-28) and **iShares iBonds Dec 2030 Term Muni Bond ETF** (2026-01-31). - Shared positions: 210 - VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF covered by iShares iBonds Dec 2030 Term Muni Bond ETF: 0.07083956044634617793097039762 - iShares iBonds Dec 2030 Term Muni Bond ETF covered by VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF: 0.07083956044634617793097039760 ## VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | Vanguard Municipal Cash Management Fund | 0.021044 | | | NYC TRANSITIONAL-G-1 | 0.003163 | | | CALIFORNIA ST-REF | 0.002916 | ✓ | | NEW JERSEY ST ECON DEV AUTH REVENUE | 0.002674 | | | Dallas Independent School District, Series 2026B | 0.002671 | | | State of Illinois, Series D | 0.002608 | | | State of New Jersey, Series 2020A | 0.002551 | | | New Jersey Transportation Trust Fund Authority, Series 2016A1 | 0.002468 | | | Wyandotte County Unified School District No. 500, Series A | 0.002303 | | | E CO AWP JT PWRS-A-1 | 0.002274 | | | CA REGENTS UNIV-CD | 0.002141 | | | OH WTR DEV AUTH | 0.002138 | | | LOS ANGELES UNIF SD-A | 0.002017 | | | State of New Jersey, Series A | 0.001950 | | | NEW YORK-G-G-1 | 0.001902 | | | State of New Jersey, Series 2020A | 0.001871 | | | Los Angeles Department of Water & Power, Series 2025A | 0.001852 | | | OHIO WTR DEV AUTH-A | 0.001835 | | | Bay Area Toll Authority, Series 2026A | 0.001826 | | | State of New Jersey, Series 2020A | 0.001824 | | | State of New Jersey, Series 2020A | 0.001800 | | | LOS ANGELES DEPT-C | 0.001769 | ✓ | | UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000 | 0.001768 | ✓ | | UNIV OF TEXAS UNIV-A | 0.001724 | | | NJ TPK AUTH-B | 0.001711 | | | MASSACHUSETTS ST | 0.001667 | | | State of California, Series 2025, GO Bonds | 0.001661 | | | State of New Jersey, Series 2020A | 0.001636 | ✓ | | Virginia Public Building Authority, Series 2021A-1 | 0.001600 | | | UNIV OF PITTSBURGH PA OF THE C REGD B/E 5.00000000 | 0.001599 | | | State of California, Series 2023 | 0.001598 | | | WI ST GF APP 5% 5/1/2026Q | 0.001569 | | | NEW YORK CITY-C-REF | 0.001561 | | | KY ST PROP 5% 11/1/2027 | 0.001536 | | | State of California, Series 2007 | 0.001534 | | | WASHINGTON ST WAS 07/26 FIXED 4 | 0.001512 | | | State of North Carolina, Series 2019 | 0.001481 | | | SOUTH CAROLINA ST ASSN OF GOVTL ORGANIZATIONS COPS | 0.001474 | | | CT HLTH & EDUCTNL-B-2 | 0.001467 | | | DE VLY FIN -A | 0.001437 | | | NJ TRANSPRTN TRUST-A | 0.001436 | ✓ | | GREAT LAKES WTR AUTH- | 0.001436 | | | E CO AWP JT PWRS-A-2 | 0.001428 | | | State of California | 0.001425 | | | State of Maryland | 0.001421 | | | NEW YORK MUNI WTR-AA2 | 0.001413 | | | STATE OF CALIFORNIA 5.0% 04-01-29 | 0.001402 | | | Washington Metropolitan Area Transit Authority, Series 2021A | 0.001343 | ✓ | | State of California, Series 2017 | 0.001342 | | | GUILFORD CO | 0.001340 | | ## iShares iBonds Dec 2030 Term Muni Bond ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | BLKR-LI MUNI-INS | 0.006759 | | | UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000 | 0.006629 | ✓ | | CT HLTH & EDUCTNL-B-1 | 0.006295 | ✓ | | State of California | 0.005632 | ✓ | | NEW YORK NY | 0.004975 | ✓ | | MORRIS CNTY NJ | 0.004893 | | | State of Hawaii Airports System Revenue | 0.004692 | | | State of New Jersey, Series 2020A | 0.004446 | ✓ | | ALABAMA ST PUBLIC SCH & CLG AUTH | 0.004437 | ✓ | | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX | 0.003628 | ✓ | | CALIFORNIA ST-REF | 0.003418 | ✓ | | LOS ANGELES-E-REF | 0.003046 | | | State of California | 0.003015 | ✓ | | State of California, Series 2019 | 0.003003 | ✓ | | Duval County Public Schools, Series 2022A | 0.002904 | ✓ | | Rancho Santiago Community College District | 0.002848 | | | Metropolitan Transit Authority of Harris County Sales & Use Tax | 0.002833 | | | State of California, Series 2018, GO Bonds | 0.002832 | ✓ | | PRV COL and UNV GA 5% 9/1/2030 | 0.002813 | ✓ | | MASSACHUSETTS ST CLEAN WTR TRUST | 0.002779 | | | Honolulu (City & County of), HI (Honolulu Rail Transit), Series 2021, GO Bonds | 0.002753 | ✓ | | NYC TRANS FIN AUTH | 0.002712 | | | State of Maryland, Series 2020A-2 | 0.002704 | ✓ | | CONROE TX INDEP SCH DIST | 0.002702 | | | BEVERLY HILLS USD CAB | 0.002697 | | | MASSACHUSETTS ST | 0.002665 | ✓ | | LOS ANGELES WTR-A-REF | 0.002662 | ✓ | | MET TRANSPRTN AUTH NY REVENUE | 0.002652 | ✓ | | IL ST TOLL HWY AUTH | 0.002646 | ✓ | | NEW YORK NY | 0.002639 | | | State of Connecticut, Series 2021A | 0.002579 | ✓ | | State of California | 0.002514 | | | MANHATTAN BEACH CA UNIF SCH DIST | 0.002510 | | | State of Illinois, Series 2024B | 0.002508 | | | CORPUS CHRISTI TX | 0.002507 | | | IL ST TOLL HWY AUTH | 0.002393 | ✓ | | STATE OF ILLINOIS | 0.002386 | ✓ | | CENTRL FL EXPRESSWAY AUTH SR LIEN REVENUE | 0.002331 | | | DEL VALLE TX INDEP SCH DIST | 0.002322 | | | Hillsborough County School Board, Series 2018 | 0.002314 | | | UTAH ST BLDG OWNERSHIP AUTH LEASE REVENUE | 0.002277 | | | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT | 0.002275 | | | MASSACHUSETTS ST-REF | 0.002257 | ✓ | | NY DORM AUTH-C-REF | 0.002254 | | | PALM BEACH SCH-A-COPS | 0.002236 | | | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT | 0.002235 | | | MA ST-REF-A | 0.002197 | ✓ | | E-470 Public Highway Authority, Series B | 0.002187 | ✓ | | MET NASHVILLE TN ARPT AUTH ARPT REVENUE | 0.002179 | | | MASSACHUSETTS ST SCH BLDG AUTH SALES TAX REVENUE | 0.002176 | ✓ | ## Sources - N-PORT (fund A) — accession `0000105563-26-000162` (as of 2026-02-28) - N-PORT (fund B) — accession `0001410368-26-031746` (as of 2026-01-31) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _