Skip to content
Screener

VTES vs VGSH

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

VTES

Vanguard Short-Term Tax-Exempt Bond ETF Shares

Annual cost

0.05%

Fund size

$2.0B

VGSH

Vanguard Short-Term Treasury Index Fund

Annual cost

0.03%

Fund size

$33.9B

Key differences

Both VTES and VGSH are fixed income ETFs. VTES charges 0.05% a year and VGSH 0.03%. The main difference: VGSH is much larger than VTES. Larger funds are usually more liquid and less likely to close.

  • VGSH is much larger than VTES. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, VGSH has delivered higher annualized returns.
  • VGSH has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

VTESVGSH
Annual cost (TER)0.05%0.03%
Fund size (AUM)$2.0B$33.9B
Since20232009
Dividend yield2.76%3.89%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+3.4%+3.4%
CAGR 3Y+3.2%+4.2%
CAGR 5YN/A+1.8%
Sharpe 3Y-0.240.36
Volatility 1Y1.24%1.28%
Max drawdown-2.42%-5.70%

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

Similar to VTES and VGSH