Broad Bond Exposure or Tax-Exempt Muni Income? BND vs. MUB

Vanguard Total Bond Market ETF (BND) offers broad taxable bond exposure with a 0.03% expense ratio and 4.00% dividend yield. iShares National Muni Bond ETF (MUB) provides tax-exempt municipal income at a 3.20% yield with lower volatility. Investors in higher tax brackets may prefer MUB's tax-exempt payouts.