VGVTvsTAXIETF Comparison
VS
Vanguard Government Securities Active ETF (VGVT) belongs to the US Government Bonds segment. Northern Trust Intermediate Tax-Exempt Bond ETF (TAXI) is part of the Municipal Bonds segment. VGVT's top 3 sector exposures are Sovereign, Government Agencies and Industrials. In contrast, TAXI's top sector exposures are Municipal. VGVT is more expensive with a Total Expense Ratio (TER) of 0.1%, versus 0.05% for TAXI. VGVT is down -0.95% year-to-date (YTD) with +$7M in YTD flows. TAXI performs better with 0.72% YTD performance, and +$275M in YTD flows. Run a side-by-side ETF comparison of VGVT and TAXI 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
VGVT vs TAXI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/28/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | VGVT TAXI | +1.42%+3.77% | -1.06%+0.41% | -0.95%+0.72% | -1.48%+1.76% | n/an/a | n/an/a |
| Flows | VGVT TAXI | +$1M+$139M | +$3M+$155M | +$7M+$275M | +$23M+$318M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | VGVT TAXI | +4.07%+3.84% | +3.66%+2.45% | n/an/a | n/an/a |
| Max drawdown | VGVT TAXI | -3.01%-3.77% | -4.51%-4.65% | n/an/a | n/an/a |
| Max drawdown duration | VGVT TAXI | 64d76d | 241d241d | n/an/a | n/an/a |
Trading data
VGVT | TAXI | |
Last sale 10/29/2026 at 1:30 PM | $73.04 | $50.58 |
| Previous close 10/28/2026 | $72.96 | $50.56 |
| Consolidated volume 10/28/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of October 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
VGVT
is actively managed and doesn’t replicate an indexVGVT | TAXI | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/29/2026 at 1:30 PM
Live
Closed
VGVT | TAXI | |
|---|---|---|
| Last price | $73.04 | $50.58 |
| 1D performance | +0.11% | +0.04% |
| AuM | $39.01 M | $326.57 M |
| E/R | 0.1% | 0.05% |
Characteristics
VGVT | TAXI | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Vanguard | Northern Trust |
| Benchmark | - | ICE Intermediate Term Focused Municipal Bond Index |
| N° of holdings | 93 | 908 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 18, 2025 | August 19, 2025 |
| ESG | No | No |
Advertisement
Exposure
Countries
VGVT
USA
32.31%
Other
67.69%
TAXI
USA
39.43%
Other
60.57%
Sectors
VGVT
Sovereign
30.84%
Other
69.16%
TAXI
Municipal
39.43%
Other
60.57%
Advertisement
Diversification
VGVT
Total weight of top 15 holdings out of 15
23.71%
TAXI
Total weight of top 15 holdings out of 15
2.48%
Top 15 holdings
Data as of August 31, 2026
VGVT
US3136B1K865
4.24%
US3136B4KB37
2.12%
US3136AY6U29
1.97%
US01F0526982
1.93%
USA, Notes 3.875% 30jun2030, USD (AA-2030)
1.89%
USA, Notes 4% 31mar2030, USD (W-2030)
1.85%
US26847JBA79
1.50%
USA, Notes 4.625% 30apr2029, USD (Y-2029)
1.10%
USA, Notes 4.25% 31jan2030, USD (U-2030)
1.10%
US3136G5ZX16
1.03%
USA, Notes 4% 30apr2032, USD (K-2032)
1.03%
USA, Notes 3.875% 31jul2030, USD (AB-2030)
1.03%
US38383LFS43
1.02%
US3138LM6U27
1.02%
US3136B2GX47
0.88%
TAXI
Huron Valley School District, 5% 1may2040, USD (2026)
0.20%
US56879EHE23
0.17%
Energy Southeast, 5.5% 1nov2053, USD (2023A-1)
0.17%
Southeast Energy Authority, 5.5% 1jan2053, USD (2022A-1)
0.17%
State of Washington, 5% 1jun2040, USD (2026F)
0.17%
US49151HBK14
0.16%
US64972JB721
0.16%
US46263RTS49
0.16%
US13013JGF75
0.16%
US09182TJE82
0.16%
US79467BKE47
0.16%
Black Belt Energy Gas District, 5% 1may2055, USD (2024)
0.16%
Southeast Alabama Gas Supply District, FRN 1aug2054, USD (A)
0.16%
US915183Z598
0.16%
US09182TCG04
0.16%
Frequently asked questions about VGVT and TAXI
How have the VGVT and TAXI ETFs performed in 2026?
As of October 28, 2026, VGVT is down -0.95% year-to-date (YTD), while TAXI has returned 0.72%. That puts TAXI better performer ahead so far this year.
Which ETF is attracting more investor money: VGVT or TAXI?
Year-to-date, the VGVT ETF saw +$7M in flows, compared to +$275M for TAXI.
Which ETF is more volatile: VGVT or TAXI?
Over the past year, VGVT had a volatility of 3.66%, while TAXI experienced 2.45%.
Which ETF is bigger: VGVT or TAXI?
As of October 28, 2026, VGVT holds $39.01 M in assets under management (AUM), while TAXI manages $326.57 M.
What sectors do the VGVT and TAXI ETFs invest in?
VGVT leans toward sectors like Sovereign. Meanwhile, TAXI focuses on Municipal.
What are the top holdings of the VGVT ETF and TAXI ETF?
VGVT top holdings include US3136B1K865, US3136B4KB37 and US3136AY6U29. TAXI holds in its top three: Huron Valley School District, 5% 1may2040, USD (2026), US56879EHE23 and Energy Southeast, 5.5% 1nov2053, USD (2023A-1).
Which ETF is more diversified: VGVT or TAXI?
VGVT holds 268 securities with 23.71% of its assets in the top 15. TAXI has 2484 securities and a top 15 weight of 2.48%.
Advertisement
Latest news about VGVT & TAXI
Ask the Manager: Dave Abner on the Rise of Distributing Ladder ETFs
February 10, 2026
TAXI
Vanguard Adds Three New Bond ETFs to Its Lineup
July 29, 2025
VGVT
Advertisement
Advertisement
