VNSE vs MUNB

Comparison between NATIXIS VAUGHAN NELSON SELECT ETF (VNSE, ETF) and NORTHERN TRUST 2035 TAX-EXEMPT DISTRIBUTING LADDER ETF (MUNB, ETF).

VNSE vs MUNB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VNSE(ETF)	MUNB(ETF)
Net Assets	$14M	$14M
Expense Ratio	0.80%	0.18%
Max Drawdown	40.18%	3.01%
Sharpe Ratio	0.73	-1.10
5Y Beta	1.00	0.04
P/E Ratio	33.14	N/A
Forward P/E	24.54	N/A
PEG Ratio	0.72	N/A
5Y Dividends CAGR	37.32%	N/A
5Y EPS CAGR	27.95%	N/A
P/S Ratio	2.84	N/A
P/B Ratio	6.02	N/A

Net Assets

VNSE

$14M

MUNB

$14M

Expense Ratio

VNSE

0.80%

Winner

MUNB

0.18%

Max Drawdown

VNSE

40.18%

Winner

MUNB

3.01%

Sharpe Ratio

Winner

VNSE

0.73

MUNB

-1.10

5Y Beta

VNSE

1.00

Winner

MUNB

0.04

P/E Ratio

VNSE

33.14

MUNB

N/A

Forward P/E

VNSE

24.54

MUNB

N/A

PEG Ratio

VNSE

0.72

MUNB

N/A

5Y Dividends CAGR

VNSE

37.32%

MUNB

N/A

5Y EPS CAGR

VNSE

27.95%

MUNB

N/A

P/S Ratio

VNSE

2.84

MUNB

N/A

P/B Ratio

VNSE

6.02

MUNB

N/A

VNSE vs MUNB - Holdings Comparison

VNSE and MUNB have 1 common holdings. Overlap is 0.04%

VNSE's top 25 holdings weight is 95.54%. MUNB's top 25 holdings weight is 30.03%.

Rank	VNSE	MUNB
#1	NVIDIA CORP (NVDA) - 8.06%	RACINE CNTY WIS 4% (n/a) - 3.15%
#2	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ADR (TSM) - 7.11%	DISTRICT COLUMBIA 5% (n/a) - 2.29%
#3	ALPHABET INC CLASS A (GOOGL) - 7.01%	CHIPPEWA VALLEY WIS TECH COLLEGE DIST 4% (n/a) - 1.68%
#4	ELI LILLY AND CO (LLY) - 6.93%	NEW MEXICO FIN AUTH REV 5% (n/a) - 1.65%
#5	APPLE INC (AAPL) - 5.18%	DISTRICT COLUMBIA REV 5% (n/a) - 1.52%
#6	EXXON MOBIL CORP (XOM) - 4.59%	CENTRAL FLA EXPWY AUTH SR LIENREV 5% (n/a) - 1.46%
#7	CUMMINS INC (CMI) - 4.26%	WISCONSIN ST 5% (n/a) - 1.28%
#8	AMAZON.COM INC (AMZN) - 4.06%	WASHINGTON ST CTFS PARTN 5% (n/a) - 1.21%
#9	EATON CORP PLC (ETN) - 3.91%	GARDNER KANS 3.5% (n/a) - 1.12%
#10	UNITED RENTALS INC (URI) - 3.36%	WASHINGTON ST 5% (n/a) - 1.10%
#11	NUCOR CORP (NUE) - 3.23%	n/a (n/a) - 1.06%
#12	MONOLITHIC POWER SYSTEMS INC (MPWR) - 3.22%	NEENAH WIS JT SCH DIST 5% (n/a) - 1.02%
#13	JPMORGAN CHASE & CO (JPM) - 3.21%	WHEELING ILL 4% (n/a) - 0.97%
#14	BOEING CO (BA) - 3.10%	INDIANA ST FIN AUTH REV 5% (n/a) - 0.95%
#15	CHARLES SCHWAB CORP (SCHW) - 3.09%	TALLAHASSEE FLA CAP BDS 5% (n/a) - 0.94%
#16	VISA INC CLASS A (V) - 3.07%	DALLAS FORT WORTH TEX INTL ARPT REV 5% (n/a) - 0.94%
#17	ILLUMINA INC (ILMN) - 2.92%	NEW HAMPSHIRE MUN BD BK 5% (n/a) - 0.92%
#18	ROSS STORES INC (ROST) - 2.76%	n/a (n/a) - 0.90%
#19	FIXED INC CLEARING CORP.REPO (n/a) - 2.69%	IDAHO ST BLDG AUTH SALES TAX REV 5% (n/a) - 0.89%
#20	SYNOPSYS INC (SNPS) - 2.57%	SUN PRAIRIE WIS 5% (n/a) - 0.85%
#21	SHOPIFY INC REGISTERED SHS -A- SUBORD VTG (SHOP) - 2.49%	CLARK CNTY NEV SCH DIST 5% (n/a) - 0.84%
#22	SOUTHERN CO (SO) - 2.48%	NEW MEXICO FIN AUTH ST TRANSN REV 5% (n/a) - 0.84%
#23	AMRIZE LTD REGISTERED SHARE (AMRZ) - 2.22%	DUTCHESS CNTY N Y 4% (n/a) - 0.83%
#24	QNITY ELECTRONICS INC (Q) - 2.02%	MEMPHIS TENN 5% (n/a) - 0.82%
#25	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 2.00%	COTTAGE GROVE VLG WIS 5% (n/a) - 0.80%
Total Holdings	28	200

VNSE vs MUNB - Historical Returns

Returns include dividend reinvestment.

Period	VNSE	MUNB
1 month	+0.67%	-1.05%
3 months	+3.17%	-1.08%
6 months	+4.49%	-1.08%
1 year	+13.28%	+1.55%
5 years(CAGR)	+9.11%	N/A
Max(CAGR)	+13.75%	+1.68%

Winner

VNSE

+0.67%

MUNB

-1.05%

Winner

VNSE

+3.17%

MUNB

-1.08%

Winner

VNSE

+4.49%

MUNB

-1.08%

Winner

VNSE

+13.28%

MUNB

+1.55%

5Y(CAGR)

VNSE

+9.11%

MUNB

N/A

Max(CAGR)

Winner

VNSE

+13.75%

MUNB

+1.68%

VNSE vs MUNB - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	VNSE	MUNB
2026	+6.33%	-0.38%
2025	+13.26%	+1.91%
2024	+11.28%	N/A
2023	+22.26%	N/A
2022	-16.52%	N/A
2021	+41.01%	N/A
2020	+11.22%	N/A

VNSE vs MUNB Drawdown Comparison

The maximum drawdown for VNSE was -24.44%, occurring on Oct 14, 2022. Recovery took 522 trading sessions.

The maximum drawdown for MUNB was -2.49%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The current VNSE drawdown is -2.69%. The current MUNB drawdown is -2.15%.

Rank	VNSE	MUNB
#1	-24.44% Nov 19, 2021 - Dec 19, 2023	-2.49% Feb 27, 2026 - Mar 27, 2026
#2	-20.91% Jan 23, 2025 - Jul 17, 2025	-0.62% Sep 17, 2025 - Dec 18, 2025
#3	-11.89% Jan 28, 2026 - Apr 24, 2026	-0.16% Jan 15, 2026 - Jan 23, 2026
#4	-9.59% Jul 16, 2024 - Sep 30, 2024	-0.11% Jan 12, 2026 - Jan 15, 2026
#5	-8.32% Mar 28, 2024 - Jul 16, 2024	-0.06% Sep 11, 2025 - Sep 15, 2025
#6	-7.60% Oct 12, 2020 - Nov 9, 2020	-0.03% Feb 9, 2026 - Feb 12, 2026
#7	-6.67% Sep 3, 2021 - Oct 20, 2021	-0.03% Feb 17, 2026 - Feb 20, 2026
#8	-5.63% Oct 29, 2025 - Jan 6, 2026	-0.02% Dec 19, 2025 - Dec 24, 2025
#9	-5.28% Dec 11, 2024 - Jan 22, 2025	-0.02% Aug 20, 2025 - Aug 22, 2025
#10	-5.04% Jan 20, 2021 - Feb 8, 2021	-0.00% Jan 27, 2026 - Jan 29, 2026
#11	-4.74% May 7, 2021 - May 28, 2021	N/A
#12	-4.35% Jun 4, 2026 - Jun 10, 2026	N/A
#13	-4.25% Sep 17, 2020 - Oct 5, 2020	N/A
#14	-3.50% Oct 18, 2024 - Nov 6, 2024	N/A
#15	-3.29% Mar 1, 2021 - Mar 9, 2021	N/A