TMNL vs VXUS
T. Rowe Price Long Municipal Income ETF vs Vanguard Total International Stock ETF
Which is better, TMNL or VXUS?
Long Term Municipal Bond against Large Cap Blend.
VXUS has a lower expense ratio. VXUS led over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | TMNL | VXUS |
|---|---|---|
| Expense Ratio | 0.26% | 0.05%Best |
| AUM | $24M | $163.2B |
| Dividend Yield | 3.79% | 2.34% |
| Holdings | 119 | 8,844 |
| YTD Return | -1.94% | +10.00%Best |
| 1Y Return | -1.54% | +17.01%Best |
| 3Y Return (annualized) | - | +19.55% |
| 5Y Return (annualized) | - | +8.55% |
| Fund Family | T.Rowe Price | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Long Term Municipal Bond | Large Cap Blend |
| Inception | Nov 19, 2025 | Jan 26, 2011 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
TMNL vs VXUS growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
TMNL vs VXUS Performance
T. Rowe Price Long Municipal Income ETF (TMNL) is an ETF from T.Rowe Price and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year TMNL returned -1.54% while VXUS returned +17.01%. Year to date, TMNL is down 1.94% versus a gain of 10.00% for VXUS.
Past performance does not guarantee future results.
Fees and Cost Over Time
TMNL charges 0.26% per year while VXUS charges 0.05%. On a $10,000 position that is $26 vs $5 annually, a gap of $21 per year that compounds over a long holding period. On income, TMNL currently yields 3.79% against 2.34% for VXUS.
Holdings Overlap
We hold position weights for 40 holdings in TMNL and 8,425 in VXUS, totalling 31.3% and 91.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 40 positions we hold weights for in TMNL and 8,425 in VXUS, against full books of 119 and 8,844.
You are not choosing between two funds in isolation.
Whichever of TMNL and VXUS you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, TMNL or VXUS?
TMNL has an expense ratio of 0.26% while VXUS charges 0.05%. VXUS is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, TMNL or VXUS?
Over the past year TMNL returned -1.54% vs +17.01% for VXUS, so VXUS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which pays a higher dividend, TMNL or VXUS?
TMNL yields 3.79% while VXUS yields 2.34%, so TMNL currently pays the higher dividend yield.
Is VXUS better than TMNL?
VXUS has a lower expense ratio. VXUS led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.