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VGLT vs VTES

Vanguard Long-Term Treasury Index Fund ETF Shares vs Vanguard Short-Term Tax-Exempt Bond ETF Shares

VGLT

Vanguard Long-Term Treasury Index Fund ETF Shares

Annual cost

0.03%

Fund size

$14.8B

VTES

Vanguard Short-Term Tax-Exempt Bond ETF Shares

Annual cost

0.05%

Fund size

$2.0B

Key differences

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

  • VGLT is much larger than VTES. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, VTES has delivered higher annualized returns.
  • VGLT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

VGLTVTES
Annual cost (TER)0.03%0.05%
Fund size (AUM)$14.8B$2.0B
Since20092023
Dividend yield4.58%2.76%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+4.4%+3.4%
CAGR 3Y-0.2%+3.2%
CAGR 5Y-5.2%N/A
Sharpe 3Y-0.23-0.24
Volatility 1Y8.79%1.24%
Max drawdown-46.18%-2.42%

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

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