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TAXT vs VTEB

Northern Trust Tax-Exempt Bond ETF vs Vanguard Tax-Exempt Bond Index Fund ETF Shares

TAXT

Northern Trust Tax-Exempt Bond ETF

Annual cost

0.05%

Fund size

$60M

VTEB

Vanguard Tax-Exempt Bond Index Fund ETF Shares

Annual cost

0.03%

Fund size

$47.6B

Key differences

Both TAXT and VTEB are fixed income ETFs. TAXT charges 0.05% a year and VTEB 0.03%. The main difference: VTEB is much larger than TAXT. Larger funds are usually more liquid and less likely to close.

  • VTEB is much larger than TAXT. Larger funds are usually more liquid and less likely to close.
  • VTEB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TAXTVTEB
Annual cost (TER)0.05%0.03%
Fund size (AUM)$60M$47.6B
Since20252015
Dividend yield3.35%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1YN/A+6.7%
CAGR 3YN/A+3.5%
CAGR 5YN/A+0.9%
Sharpe 3YN/A-0.01
Volatility 1Y2.71%
Max drawdown-2.49%-17.00%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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