Key Points Vanguard Intermediate-Term Treasury ETF offers a lower expense ratio and a higher trailing dividend yield than iShares National Muni Bond ETF. iShares National Muni Bond ETF has delivered higher total returns over the last five years while experiencing a smaller maximum drawdown. iShares National Muni Bond ETF provides broad exposure to over 7,000 municipal bonds, whereas the Vanguard fund concentrates on 102 U.S. Treasury issues.
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