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VTEB vs BLV

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

VTEB

Vanguard Tax-Exempt Bond Index Fund ETF Shares

Vanguard

Annual cost

0.03%

Fund size

$45.6B

BLV

Vanguard Long-Term Bond Fund

Vanguard

Annual cost

0.03%

Fund size

$8.5B

Key differences

  • VTEB is significantly larger than BLV — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, VTEB has delivered higher annualized returns.
  • BLV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

VTEBBLV
Annual cost (TER)0.03%0.03%
Fund size (AUM)$45.6B$8.5B
Since20152006
Dividend yield3.34%4.77%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+5.9%+7.7%
CAGR 3Y+3.1%+1.7%
CAGR 5Y+0.8%-3.1%
Sharpe 3Y-0.10-0.10
Volatility 1Y2.71%8.33%
Max drawdown-17.00%-38.29%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to VTEB and BLV