Vanguard Tax-Exempt Bond ETF (VTEB)
Description
The investment seeks to track the performance of the S&P National AMT-Free Municipal Bond. The VTEB ETF contains 5958 constituents. It is focused on holdings in the region.
Price $48.03 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | 1.96% |
| Expense ratio | 0.06% |
| Average spread | 0.021% |
| 1Y roundtrip cost | 0.081% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -2.6% | -0.4% | -3.0% | -2.7% | 1.6% | -1.6% | 2.5% | -2.5% | -3.0% | -0.0% | -11.7% | ||
| 2021 | 0.3% | -1.6% | 0.5% | 0.9% | 0.4% | 0.4% | 0.5% | -0.4% | -0.7% | -0.0% | 0.8% | 0.0% | 1.2% |
| 2020 | 1.8% | 1.0% | -3.5% | -1.1% | 3.3% | 0.7% | 1.6% | -0.7% | 0.1% | -0.4% | 1.6% | 0.8% | 5.2% |
| 2019 | 0.5% | 0.6% | 1.5% | 0.5% | 1.5% | 0.4% | 0.9% | 1.5% | -0.8% | 0.1% | 0.2% | 0.3% | 7.1% |
| 2018 | -1.1% | -0.6% | 0.4% | -0.4% | 1.2% | 0.1% | 0.3% | 0.1% | -0.8% | -0.5% | 1.0% | 1.4% | 1.1% |
| 2017 | 0.2% | 0.6% | 0.2% | 0.5% | 1.6% | -0.2% | 0.8% | 0.8% | -0.5% | 0.1% | -0.3% | 0.7% | 4.6% |
| 2016 | 0.5% | 0.3% | 0.4% | 0.9% | 0.2% | 1.7% | 0.0% | 0.0% | -0.6% | -0.8% | -3.8% | 1.5% | 0.3% |
| 2015 | 0.6% | 0.5% | 0.4% | 1.2% | 2.6% | ||||||||
| -0.4% | -0.1% | -3.5% | -1.5% | 9.8% | 1.4% | 6.6% | -1.0% | -5.6% | -1.0% | -0.2% | 5.9% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.07 | 0.08 | 0.07 | 0.07 | 0.08 | 0.08 | 0.09 | 0.09 | 0.10 | 0.72 | |||
| 2021 | 0.08 | 0.09 | 0.08 | 0.08 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.83 | |
| 2020 | 0.10 | 0.09 | 0.11 | 0.09 | 0.10 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 1.01 | |
| 2019 | 0.11 | 0.10 | 0.11 | 0.10 | 0.11 | 0.10 | 0.11 | 0.10 | 0.10 | 0.10 | 0.10 | 1.13 | |
| 2018 | 0.09 | 0.08 | 0.09 | 0.09 | 0.09 | 0.09 | 0.10 | 0.10 | 0.10 | 0.11 | 0.10 | 1.05 | |
| 2017 | 0.07 | 0.08 | 0.08 | 0.09 | 0.09 | 0.09 | 0.08 | 0.09 | 0.09 | 0.08 | 0.09 | 0.92 | |
| 2016 | 0.07 | 0.07 | 0.07 | 0.07 | 0.05 | 0.07 | 0.06 | 0.08 | 0.07 | 0.06 | 0.08 | 0.76 | |
| 2015 | 0.02 | 0.08 | 0.07 | 0.03 | 0.19 | ||||||||
| 0.00 | 0.58 | 0.59 | 0.59 | 0.59 | 0.58 | 0.59 | 0.60 | 0.65 | 0.69 | 0.58 | 0.57 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| U.S. Dollar | 4.18% |
| Texas St 5.0% 01-OCT-2044 | 0.36% |
| Seattle Wash Mun Lt & Pwr Rev 4.0% 01-JUL-2041 | 0.23% |
| Grand Parkway Transn Corp Tex Sys Toll Rev 5.0% 01-APR-2053 | 0.22% |
| Minnesota St 5.0% 01-SEP-2028 | 0.22% |
| Atlanta Ga Arpt Passenger Fac Charge Rev 5.0% 01-JUL-2037 | 0.21% |
| Metropolitan Council Minn Minneapolis-St Paul Met Area 5.0% 01-DEC-2025 | 0.20% |
| Maryland St Dept Transn Cons Transn 3.0% 01-OCT-2035 | 0.20% |
| New York St Twy Auth Gen Rev 4.0% 01-JAN-2049 | 0.19% |
| San Diego Calif Uni Sch Dist 5.0% 01-JUL-2022 | 0.19% |
| New York N Y City Mun Wtr Fin Auth Wtr & Swr Sysrev 5.0% 15-JUN-2048 | 0.18% |
| Illinois St 5.0% 01-NOV-2029 | 0.18% |
| New Mexico St Severance Tax 5.0% 01-JUL-2022 | 0.17% |
| Top 13 Weights | 6.73% |
Compare with similar ETFs
| VTEB | FLMB | ITM | MMIN | PWZ | RVNU | |
|---|---|---|---|---|---|---|
| Product name | Vanguard Tax-Exempt Bond ETF | Franklin Liberty Municipal Bond ETF | Market Vectors AMT-Free Intermediate Municipal Index ETF | IQ MacKay Shields Municipal Insured ETF | PowerShares California AMT-Free Municipal Bond Portfolio ETF | Deutsche X-trackers Municipal Infrastructure Revenue Bond ETF |
| Issuer | Vanguard | Franklin | VanEck | IndexIQ | Invesco | Xtrackers |
| Price | $48.03 | $22.17 | $43.85 | $22.97 | $23.26 | $22.95 |
| Expense Ratio | 0.06% |  0.3% | 0.24% | 0.31% | 0.28% | 0.15% |
| Average Spread | 0.021% | 0.226% | 0.046% | 0.087% | 0.129% | 0.261% |
| AUM | $12,447,800,000 | $100,833,000 | $1,662,550,000 | $403,848,000 | $475,302,000 | $122,542,000 |
| Shares | 259,167,736 | 4,548,159 | 37,914,375 | 17,581,532 | 20,434,311 | 5,339,538 |
| Average Daily Volume | 9,863,267 | 8,043 | 667,671 | 143,723 | 765,057 | 50,990 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2015-08-21 | 2017-08-31 | 2007-12-04 | 2017-10-18 | 2007-10-11 | 2013-06-04 |
| Index Tracked | S&P National AMT-Free Municipal Bond | No Underlying Index | Bloomberg AMT-Free Intermediate Continuous Municipal Index | No Underlying Index | ICE BofAML California Long-Term Core Plus Municipal Securities Index | Solactive Municipal Infrastructure Revenue Bond Index |
| Category | National Munis | National Munis | National Munis | National Munis | California Munis | National Munis |
| Asset Class | Bond | Bond | Bond | Bond | Bond | Bond |
| Asset Class Size | ||||||
| Value or Growth | ||||||
| Region | ||||||
| Countries | U.S. | U.S. | U.S. | U.S. | U.S. | U.S. |
| Annual Dividend Rate | $0.939 | $0.516 | $0.852 | $0.607 | $0.529 | $0.643 |
| Annual Dividend Yield | 0.020% | 0.023% | 0.019% | 0.026% | 0.023% | 0.028% |
| Number of Holdings | 5958 | 218 | 2242 | 630 | 199 | 376 |
| YTD Return | -11.27% | -16.89% | -13.28% | -14.92% | -15.20% | -20.04% |
| Beta | 0.16 | 0.12 | 0.28 | 0.19 | 0.26 | 0.27 |
| Upside Beta | 0.12 | 0.09 | 0.02 | 0.16 | 0.00 | 0.03 |
| Downside Beta | -0.01 | 0.05 | -0.02 | 0.06 | -0.05 | -0.12 |
| Volatility 1Y | 3.72% | 5.13% | 4.93% | 4.90% | 6.11% | 7.27% |
| Sharpe Ratio 3Y | -0.68 | -1.16 | -0.59 | -0.87 | -1.11 | -1.07 |
| Treynor Ratio 3Y | -0.02 | -0.04 | -0.02 | -0.02 | -0.02 | -0.02 |