FOPCvsVTESETF Comparison
VS
Frontier Asset Opportunistic Credit ETF (FOPC) belongs to the Intl Aggregate Bonds segment. Vanguard Short-Term Tax-Exempt Bond ETF (VTES) is part of the Municipal Bonds segment. FOPC's top 3 sector exposures are Sovereign, Finance and Industrials. In contrast, VTES's top sector exposures are Municipal. FOPC is more expensive with a Total Expense Ratio (TER) of 0.87%, versus 0.05% for VTES. FOPC is down -1.21% year-to-date (YTD) with -$2M in YTD flows. VTES performs better with 0.05% YTD performance, and +$2.52B in YTD flows. Run a side-by-side ETF comparison of FOPC and VTES below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
FOPC vs VTES performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/15/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FOPC VTES | -0.26%+0.15% | -1.76%-0.72% | -1.21%+0.05% | -0.83%+0.53% | n/a+9.70% | n/an/a |
| Flows | FOPC VTES | -$494K+$1.06B | -$491K+$1.95B | -$2M+$2.52B | +$52K+$2.69B | -+$3.87B | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FOPC VTES | +3.56%+2.60% | +3.15%+1.59% | n/a+1.59% | n/an/a |
| Max drawdown | FOPC VTES | -2.91%-2.66% | -3.54%-2.95% | n/a-2.95% | n/an/a |
| Max drawdown duration | FOPC VTES | 51d64d | 228d232d | n/a232d | n/an/a |
Trading data
FOPC | VTES | |
Last sale 10/16/2026 at 1:30 PM | $24.54 | $99.59 |
| Previous close 10/15/2026 | $24.54 | $99.50 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
FOPC
is actively managed and doesn’t replicate an indexFOPC | VTES | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
FOPC | VTES | |
|---|---|---|
| Last price | $24.54 | $99.59 |
| 1D performance | +0.00% | +0.09% |
| AuM | $31.65 M | $4.08 B |
| E/R | 0.87% | 0.05% |
Characteristics
FOPC | VTES | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Frontier Asset Management | Vanguard |
| Benchmark | - | S&P 0-7 Year National AMT-Free Municipal Bond Index |
| N° of holdings | 3338 | 1671 |
| Asset class | - | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 19, 2024 | March 9, 2023 |
| ESG | No | No |
Advertisement
Exposure
Countries
FOPC
USA
53.09%
Other
46.91%
VTES
USA
52.32%
Other
47.68%
Sectors
FOPC
Sovereign
32.71%
Other
67.29%
VTES
Municipal
52.32%
Other
47.68%
Advertisement
Diversification
FOPC
Total weight of top 15 holdings out of 15
37.22%
VTES
Total weight of top 15 holdings out of 15
5.61%
Top 15 holdings
Data as of August 31, 2026
FOPC
US29287L7001
25.26%
US72201R5853
4.78%
USA, TIPS 1.125% 15oct2030, USD (AE-2030)
0.61%
USA, TIPS 1.25% 15apr2031, USD (X-2031)
0.60%
USA, TIPS 1.625% 15apr2030, USD (X-2030)
0.60%
USA, TIPS 1.625% 15oct2029, USD (AE-2029)
0.59%
USA, TIPS 2.125% 15apr2029, USD (X-2029)
0.57%
USA, TIPS 2.375% 15oct2028, USD (AE-2028)
0.57%
USA, TIPS 1.625% 15oct2027, USD (AE-2027)
0.55%
USA, TIPS 1.25% 15apr2028, USD (X-2028)
0.53%
BlackRock Cash Funds - Institutional
0.53%
USA, TIPS 0.125% 15jul2031, USD (D-2031)
0.52%
USA, TIPS 0.125% 15jan2031, USD (A-2031)
0.52%
USA, TIPS 0.125% 15jul2030, USD (D-2030)
0.50%
USA, TIPS 0.5% 15jan2028, USD (A-2028)
0.49%
VTES
US13063EUN48
0.91%
US13063EUM64
0.86%
US13063EUP95
0.78%
US13063EUU80
0.42%
North Colonie Central School District, 3.75% 25jun2027, USD (2026)
0.40%
US13063EUQ78
0.38%
US13063EUS35
0.30%
Illinois, 5% 1nov2028, USD (2017D)
0.22%
US64972JQM35
0.21%
US13063ENN21
0.19%
Illinois, 5% 1nov2027, USD (2017D)
0.19%
Los Angeles Unified School District, 5% 1jul2032, USD (2024)
0.19%
New Jersey, 5% 1jun2029, USD
0.19%
Pennsylvania Public School Building Authority, 5% 1jun2033, USD (2016A)
0.18%
New Jersey Economic Development Authority, 5% 15jun2042, USD
0.18%
Frequently asked questions about FOPC and VTES
How have the FOPC and VTES ETFs performed in 2026?
As of October 15, 2026, FOPC is down -1.21% year-to-date (YTD), while VTES has returned 0.05%. That puts VTES better performer ahead so far this year.
Which ETF is attracting more investor money: FOPC or VTES?
Year-to-date, the FOPC ETF saw -$2M in flows, compared to +$2.52B for VTES.
Which ETF is more volatile: FOPC or VTES?
Over the past year, FOPC had a volatility of 3.15%, while VTES experienced 1.59%.
Which ETF is bigger: FOPC or VTES?
As of October 15, 2026, FOPC holds $31.65 M in assets under management (AUM), while VTES manages $4.08 B.
What sectors do the FOPC and VTES ETFs invest in?
FOPC leans toward sectors like Sovereign. Meanwhile, VTES focuses on Municipal.
What are the top holdings of the FOPC ETF and VTES ETF?
FOPC top holdings include US29287L7001, US72201R5853 and USA, TIPS 1.125% 15oct2030, USD (AE-2030). VTES holds in its top three: US13063EUN48, US13063EUM64 and US13063EUP95.
Which ETF is more diversified: FOPC or VTES?
FOPC holds 12627 securities with 37.22% of its assets in the top 15. VTES has 3442 securities and a top 15 weight of 5.61%.
Advertisement
Latest news about FOPC & VTES
Frontier Asset Management Unveils a Suite of Actively Managed "Fund-of-Funds" ETFs
December 27, 2024
FOPC
A Look at Vanguard's New Short-Term Tax-Exempt Bond ETF
April 21, 2023
VTES
Advertisement
Advertisement
