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MUST vs VTES

Shared holdings
56
MUST covered by VTES
2.68%
VTES covered by MUST
2.68%

Coverage = share of one portfolio's weight reproduced by the other (overlapping positions, min weight). Top 50 positions per side shown; = held by both — hover a shared position to highlight it in both columns.

MUST (Jan. 31, 2026)

SecurityWeight
MIAMI-DADE CNTY FL AVIATION REVENUE0.61%
DENVER CITY & CNTY CO ARPT REVENUE0.58%
NJ TPK AUTH-B0.54%
NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT0.53%
BLACKROCK LIQ MUNICASH INST 530.48%
OH WTR POL 5% 12/1/20330.47%
PROJECTNEW YORK TRANS0.47%
IL ST TOLL HWY -A-REF0.44%
IOWA ST FIN AUTH REVENUE REGD B/E 5.000000000.43%
NY MUNI WTR FIN-CC-20.43%
STATE OF NEW JERSEY 5.0% 12-15-320.43%
TEXAS WTR DEV BRD REVENUE0.42%
KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG0.42%
NJ TPK 5% 1/1/20360.42%
PORT AUTH OF NEW YORK & NEW JERSEY NY0.42%
Chicago O'Hare International Airport, Series 2018B0.41%
NJ TPK AUTH-B0.41%
NEW HOPE CULTURAL EDU FACS FIN REGD B/E 5.500000000.39%
HILLSBOROUGH CT(BAYCARE HLT SYS) 5.25% 11/15/490.38%
State of Michigan Trunk Line, Series 20230.38%
NY TRANS CORP 5.375% 8/1/2036 @0.37%
Ohio Water Development Authority Water Pollution Control Loan Fund, Series 2017A0.37%
HOUSTON TX0.35%
New Jersey Transportation Trust Fund Authority0.35%
MIAMI DADE FL 5.25% 10/1/2052 @0.35%
BIG RIVER STEEL LLC 4.5% 09-01-490.34%
CHICAGO IL BRD OF EDU REGD B/E 5.000000000.34%
NYC MUNI WTR FIN-DD0.33%
NJ TRN FD CAB-SER C0.33%
MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE0.33%
IL CHIEDU 5 12/01/20380.32%
PENNSYLVANIA ST0.32%
MET TRANSPRTN AUTH NY REVENUE0.32%
GWINNETT CO SCD-REF0.31%
TX TRANSPRTN-C-REF0.31%
GREAT LAKES WTR-A-REF0.31%
NEW JERSEY ST ECON DEV AUTH REV0.31%
NY MTA TRANSP 5% 11/15/20320.30%
PALM BEACH SCH-A-COPS0.30%
NEW YORK ST DORM AUTH REVENUESNON ST SUPPORTED DEBT0.30%
NJ TRN TR FD-A-CABS0.30%
OHIO WTR DEV AUTH-A0.30%
HOUSTON TX ARPT SYS REVENUE0.30%
UNITED AIRLINES INC 5.5% 07-15-360.30%
OHIO ST HOSP FAC REVENUE0.29%
MASSACHUSETTS ST DEV FIN AGY REVENUE0.29%
Brevard (County of), FL Health Facilities Authority (Health First Obligated Group), Series 2022 A, Ref. RB0.29%
Fulton County, Georgia, Water and Sewerage Revenue Bonds, Refunding Series 20250.28%
State of Connecticut Special Tax, Series 2021A0.28%
SAN ANTONIO TX ELEC GAS REVE SANUTL 02/40 FIXED 50.28%

VTES (Feb. 28, 2026)

SecurityWeight
Vanguard Municipal Cash Management Fund2.10%
NYC TRANSITIONAL-G-10.32%
CALIFORNIA ST-REF0.29%
NEW JERSEY ST ECON DEV AUTH REVENUE0.27%
Dallas Independent School District, Series 2026B0.27%
State of Illinois, Series D0.26%
State of New Jersey, Series 2020A0.26%
New Jersey Transportation Trust Fund Authority, Series 2016A10.25%
Wyandotte County Unified School District No. 500, Series A0.23%
E CO AWP JT PWRS-A-10.23%
CA REGENTS UNIV-CD0.21%
OH WTR DEV AUTH0.21%
LOS ANGELES UNIF SD-A0.20%
State of New Jersey, Series A0.20%
NEW YORK-G-G-10.19%
State of New Jersey, Series 2020A0.19%
Los Angeles Department of Water & Power, Series 2025A0.19%
OHIO WTR DEV AUTH-A0.18%
Bay Area Toll Authority, Series 2026A0.18%
State of New Jersey, Series 2020A0.18%
State of New Jersey, Series 2020A0.18%
LOS ANGELES DEPT-C0.18%
UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.000000000.18%
UNIV OF TEXAS UNIV-A0.17%
NJ TPK AUTH-B0.17%
MASSACHUSETTS ST0.17%
State of California, Series 2025, GO Bonds0.17%
State of New Jersey, Series 2020A0.16%
Virginia Public Building Authority, Series 2021A-10.16%
UNIV OF PITTSBURGH PA OF THE C REGD B/E 5.000000000.16%
State of California, Series 20230.16%
WI ST GF APP 5% 5/1/2026Q0.16%
NEW YORK CITY-C-REF0.16%
KY ST PROP 5% 11/1/20270.15%
State of California, Series 20070.15%
WASHINGTON ST WAS 07/26 FIXED 40.15%
State of North Carolina, Series 20190.15%
SOUTH CAROLINA ST ASSN OF GOVTL ORGANIZATIONS COPS0.15%
CT HLTH & EDUCTNL-B-20.15%
DE VLY FIN -A0.14%
NJ TRANSPRTN TRUST-A0.14%
GREAT LAKES WTR AUTH-0.14%
E CO AWP JT PWRS-A-20.14%
State of California0.14%
State of Maryland0.14%
NEW YORK MUNI WTR-AA20.14%
STATE OF CALIFORNIA 5.0% 04-01-290.14%
Washington Metropolitan Area Transit Authority, Series 2021A0.13%
State of California, Series 20170.13%
GUILFORD CO0.13%

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