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ITML VanEck Vectors 12-17 Year Muni ETF

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Fund ITML VanEck Vectors 12-17 Year Muni ETF VTEAX Vanguard Tax-Exempt Bond Index Admiral VTEB Vanguard Tax-Exempt Bond ETF  
Similarity
?
100% 90% 90%
Annual Fees
?
$24.50
(0.24% Exp. Ratio)
$12.25
(0.12% Exp. Ratio)
$12.25
(0.12% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.08% annual return
$17,277.25 $17,911.73 $17,911.73
Est. savings over 30 yrs +$634.48 +$634.48
Return
As of 10/31/16
1 YR RETURN --
3 YR --
5 YR --
10 YR --
1 YR RETURN 4.36%
3 YR --
5 YR --
10 YR --
1 YR RETURN 4.29%
3 YR --
5 YR --
10 YR --
Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Bloomberg Barclays AMT-Free 12-17 Year Intermediate Continuous Municipal Index. The fund normally invests at least 80% of its total assets in securities that comprise the underlying index. The underlying index is comprised of publicly traded municipal bonds that cover the U.S. dollar-denominated tax-exempt bond market with final maturities of 12-17 years. The fund is non-diversified.
The investment seeks to track the Standard & Poor's National AMT-Free Municipal Bond Index, which measures the performance of the investment-grade segment of the U.S. municipal bond market. This index includes municipal bonds from issuers that are primarily state or local governments or agencies whose interest is exempt from U.S. federal income taxes and the federal alternative minimum tax (AMT). All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in securities held in the index.
The investment seeks to track the Standard & Poor's National AMT-Free Municipal Bond Index, which measures the performance of the investment-grade segment of the U.S. municipal bond market. This index includes municipal bonds from issuers that are primarily state or local governments or agencies whose interest is exempt from U.S. federal income taxes and the federal alternative minimum tax (AMT). All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in securities held in the index.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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