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VTES vs VGLT

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

VTES

Vanguard Short-Term Tax-Exempt Bond ETF Shares

Annual cost

0.05%

Fund size

$2.0B

VGLT

Vanguard Long-Term Treasury Index Fund ETF Shares

Annual cost

0.03%

Fund size

$14.8B

Key differences

Both VTES and VGLT are fixed income ETFs. VTES charges 0.05% a year and VGLT 0.03%. 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

VTESVGLT
Annual cost (TER)0.05%0.03%
Fund size (AUM)$2.0B$14.8B
Since20232009
Dividend yield2.76%4.58%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+3.4%+4.4%
CAGR 3Y+3.2%-0.2%
CAGR 5YN/A-5.2%
Sharpe 3Y-0.24-0.23
Volatility 1Y1.24%8.79%
Max drawdown-2.42%-46.18%

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

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