VSDMvsTAFMETF Comparison
VS
Vanguard Short Duration Tax-Exempt Bond ETF (VSDM) and AB Tax-Aware Intermediate Municipal ETF (TAFM) belong to the same industry segment: Municipal Bonds. VSDM's top 1 sector exposures are Municipal. In contrast, TAFM's top sector exposures are Municipal and Industrials. VSDM is less expensive with a Total Expense Ratio (TER) of 0.12%, versus 0.28% for TAFM. VSDM is up 1.21% year-to-date (YTD) with +$606M in YTD flows. TAFM performs worse with 0.04% YTD performance, and +$342M in YTD flows. Run a side-by-side ETF comparison of VSDM and TAFM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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VSDM vs TAFM performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/02/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | VSDM TAFM | +0.14%-0.72% | -0.01%-1.54% | +1.21%+0.04% | +2.76%+4.20% | n/an/a | n/an/a |
| Flows | VSDM TAFM | +$117M+$86M | +$274M+$185M | +$606M+$342M | +$752M+$463M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | VSDM TAFM | +1.16%+2.51% | +1.16%+2.47% | n/an/a | n/an/a |
| Max drawdown | VSDM TAFM | -0.77%-2.35% | -1.40%-2.61% | n/an/a | n/an/a |
| Max drawdown duration | VSDM TAFM | 58d57d | 123d116d | n/an/a | n/an/a |
Trading data
VSDM | TAFM | |
Last sale 9/3/2026 at 1:30 PM | $75.82 | $24.78 |
| Previous close 09/02/2026 | $75.82 | $24.84 |
| Consolidated volume 09/02/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 9/3/2026 at 1:30 PM
Live
Closed
VSDM | TAFM | |
|---|---|---|
| Last price | $75.82 | $24.78 |
| 1D performance | +0.00% | -0.24% |
| AuM | $945.61 M | $776.84 M |
| E/R | 0.12% | 0.28% |
Characteristics
VSDM | TAFM | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Vanguard | AllianceBernstein |
| Benchmark | - | - |
| N° of holdings | 943 | 246 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 19, 2024 | December 13, 2023 |
| ESG | No | No |
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Exposure
Countries
VSDM
USA
46.15%
Other
53.85%
TAFM
USA
43.2%
Other
56.8%
Sectors
VSDM
Municipal
46.15%
Other
53.85%
TAFM
Municipal
42.96%
Other
57.04%
Diversification
VSDM
Total weight of top 15 holdings out of 15
5.32%
TAFM
Total weight of top 15 holdings out of 15
7.53%
Top 15 holdings
Data as of July 31, 2026
VSDM
US84136HAH66
0.50%
New Jersey Transportation Trust Fund Authority, 5% 15dec2034, USD
0.41%
Florida Municipal Power Agency, 4% 1oct2030, USD (2018A)
0.38%
US13013JAP12
0.38%
US13013JCS33
0.37%
Energy Southeast, 5% 1nov2033, USD (2026)
0.36%
US09182TEC71
0.35%
Texas Municipal Gas Acquisition and Supply Corp., 5.5% 1jan2054, USD (2023A)
0.35%
US842469DL92
0.34%
Southern California Public Power Authority, 5% 1nov2033, USD (2026A)
0.33%
California Community Choice Financing Authority, 5% 1feb2031, USD (2026D)
0.32%
US54811GS350
0.32%
US54811GM494
0.31%
US13013JBJ43
0.30%
Kentucky Public Energy Authority, 5% 1jun2034, USD (2026)
0.29%
TAFM
Idaho, 4% 30jun2027, USD (2026)
0.73%
Maryland Economic Development Corp., 5.25% 30jun2055, USD (2022B)
0.64%
California Community Choice Financing Authority, 5% 1apr2056, USD (2026A-1)
0.53%
Kentucky Public Energy Authority, 5% 1may2036, USD (2025)
0.52%
Chicago Transit Authority, 5% 1dec2049, USD (2024A)
0.52%
US7485082P22
0.52%
Wisconsin Public Finance Authority, 6.5% 30jun2060, USD (2025)
0.50%
California Community Choice Financing Authority, 5% 1aug2055, USD (2024C)
0.48%
Vail, 5.5% 1dec2064, USD (2025)
0.46%
New York Transportation Development Corp., 6% 30jun2059, USD (2025)
0.46%
Charleston School District, 5% 6may2027, USD (2026A)
0.44%
Miami-Dade School District, 4% 7jan2027, USD (2026)
0.44%
US09182TKL07
0.43%
Freddie Mac Multifamily Variable Rate Certificates, FRN 25aug2041, USD
0.43%
Wisconsin Public Finance Authority, 5.75% 30jun2060, USD (2025)
0.43%
Frequently asked questions about VSDM and TAFM
How have the VSDM and TAFM ETFs performed in 2026?
As of September 2, 2026, VSDM is up 1.21% year-to-date (YTD), while TAFM has returned 0.04%. That puts VSDM better performer ahead so far this year.
Which ETF is attracting more investor money: VSDM or TAFM?
Year-to-date, the VSDM ETF saw +$606M in flows, compared to +$342M for TAFM.
Which ETF is more volatile: VSDM or TAFM?
Over the past year, VSDM had a volatility of 1.16%, while TAFM experienced 2.47%.
Which ETF is bigger: VSDM or TAFM?
As of September 2, 2026, VSDM holds $945.61 M in assets under management (AUM), while TAFM manages $776.84 M.
What sectors do the VSDM and TAFM ETFs invest in?
VSDM leans toward sectors like Municipal. Meanwhile, TAFM focuses on Municipal.
What are the top holdings of the VSDM ETF and TAFM ETF?
VSDM top holdings include US84136HAH66, New Jersey Transportation Trust Fund Authority, 5% 15dec2034, USD and Florida Municipal Power Agency, 4% 1oct2030, USD (2018A). TAFM holds in its top three: Idaho, 4% 30jun2027, USD (2026), Maryland Economic Development Corp., 5.25% 30jun2055, USD (2022B) and California Community Choice Financing Authority, 5% 1apr2056, USD (2026A-1).
Which ETF is more diversified: VSDM or TAFM?
VSDM holds 2913 securities with 5.32% of its assets in the top 15. TAFM has 629 securities and a top 15 weight of 7.53%.
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