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VTEL vs VTEB

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

VTEL

Vanguard Long-Term Tax-Exempt Bond ETF Shares

Vanguard

Annual cost

0.09%

Fund size

$259M

VTEB

Vanguard Tax-Exempt Bond Index Fund ETF Shares

Vanguard

Annual cost

0.03%

Fund size

$45.6B

Key differences

  • VTEB costs 0.06% less per year.
  • VTEB is significantly larger than VTEL — 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

VTELVTEB
Annual cost (TER)0.09%0.03%
Fund size (AUM)$259M$45.6B
Since20252015
Dividend yield3.34%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1YN/A+5.9%
CAGR 3YN/A+3.1%
CAGR 5YN/A+0.8%
Sharpe 3YN/A-0.10
Volatility 1Y2.71%
Max drawdown-3.22%-17.00%

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

Similar to VTEL and VTEB