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SMB vs VTES

Shared holdings
128
SMB covered by VTES
4.47%
VTES covered by SMB
4.47%

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.

SMB (Jan. 31, 2026)

SecurityWeight
CALIFORNIA COMMUNITY VAR1.70%
State of California1.09%
MASSACHUSETTS ST1.02%
State of New Jersey0.97%
KS ST DEV FIN 5% 11/15/20540.92%
NYC HSG DEV CORP-B-20.86%
SOUTHERN CALIFORNIA EDISON CO 1.75% 09-01-290.79%
MA WTR RES REF-BEN-B0.76%
MUNIBOND0.75%
MA WTR RES AUTH-C-REF0.74%
King (County of), WA, Series 2017, Ref. GO Bonds0.72%
TN ENERGY ACQ CORP-A0.72%
MAIN STR NAT GA 5% MT0.72%
Honolulu (City & County of), HI (Honolulu Rail Transit), Series 2020, Ref. GO Bonds0.72%
California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 D, RB0.71%
CHICAGO IL-A-REF0.71%
ORLANDO FL TOURIST DEV TAX REVENUE0.70%
FORT BEND TX INDEP SCH DIST0.70%
CONROE TX INDEP SCH DIST0.69%
LOS ANGELES UNIF SD-A0.64%
State of Connecticut Special Tax Revenue0.63%
S E ENERGY COOP DT0.63%
NJ NJSEDU 07/01/20640.56%
Maryland (State of) (Bidding Group 1), Series 2020 A, GO Bonds0.56%
State of California, Series 20190.55%
State of North Carolina, Series 20190.54%
NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE0.54%
OHIO VALLEY ELECTRIC CORP 4.25% 11-01-300.54%
CURATORS OF THE UNIV OF MISSOURI MO SYS FACS REVENUE0.53%
MESA UTL SYS-REF0.52%
NY MTA TRANSP 5% 11/15/20310.51%
CA ST UNIV-A0.51%
PEFA INC VAR0.51%
KERN CA HIGH SCH DIST0.51%
MAIN STR NAT GA 4% 3/1/20500.51%
NYC TRANSITIONL-S-10.48%
Allen (County of), OH (Mercy Health), Series 2020, Ref. RB0.46%
State of California, Series C0.46%
COLUMBUS OH0.45%
NY DORM-A-SCH DISTS0.45%
CTR PLN ENG GAS 5% 9/1/20310.45%
NY TRANS CORP 5% 12/1/20300.43%
MAIN STR NAT GA 4% 07/01/2052 MT0.43%
CENTRL FL EXPRESSWAY AUTH SR LIEN REVENUE0.42%
JACKSON CNTY OR SCH DIST #549C0.42%
North Carolina (State of), Series 2020 A, GO Bonds0.41%
NYC TRANS FIN-A-E-10.41%
Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2022A-10.41%
Jefferson County School District R-1, Series 2018, GO Bonds0.40%
STATE OF CALIFORNIA 5.0% 10-01-310.39%

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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