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VTEI vs BIV

Vanguard Intermediate-Term Tax-Exempt Bond ETF vs Vanguard Intermediate-Term Bond Index Fund

VTEI

Vanguard Intermediate-Term Tax-Exempt Bond ETF

Annual cost

0.08%

Fund size

$1.5B

BIV

Vanguard Intermediate-Term Bond Index Fund

Annual cost

0.03%

Fund size

$52.2B

Key differences

Both VTEI and BIV are fixed income ETFs. VTEI charges 0.08% a year and BIV 0.03%. The main difference: BIV costs 0.05% less per year.

  • BIV costs 0.05% less per year.
  • BIV is much larger than VTEI. Larger funds are usually more liquid and less likely to close.
  • BIV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

VTEIBIV
Annual cost (TER)0.08%0.03%
Fund size (AUM)$1.5B$52.2B
Since20242007
Dividend yield3.06%4.17%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.0%+4.6%
CAGR 3YN/A+4.6%
CAGR 5YN/A+0.3%
Sharpe 3YN/A0.19
Volatility 1Y2.37%4.03%
Max drawdown-3.64%-18.94%

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

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