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VTEB vs VTES

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

VTEB

Vanguard Tax-Exempt Bond Index Fund ETF Shares

Vanguard

Annual cost

0.03%

Fund size

$45.6B

VTES

Vanguard Short-Term Tax-Exempt Bond ETF Shares

Vanguard

Annual cost

0.05%

Fund size

$1.9B

Key differences

  • VTEB is significantly larger than VTES — larger funds tend to be 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

VTEBVTES
Annual cost (TER)0.03%0.05%
Fund size (AUM)$45.6B$1.9B
Since20152023
Dividend yield3.34%2.76%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+5.9%+3.6%
CAGR 3Y+3.1%+2.9%
CAGR 5Y+0.8%N/A
Sharpe 3Y-0.10-0.37
Volatility 1Y2.71%1.25%
Max drawdown-17.00%-2.42%

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

Similar to VTEB and VTES