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VTECvsBRTRETF Comparison

ETF 1

VTEC

Vanguard California Tax-Exempt Bond ETF

This fund is part of

Municipal Bonds

-0.02%

Full VTEC fund page

VS

ETF 2

BRTR

iShares Total Return Active ETF

This fund is part of

US Aggregate Bonds

-0.14%

Full BRTR fund page

Vanguard California Tax-Exempt Bond ETF (VTEC) belongs to the Municipal Bonds segment. iShares Total Return Active ETF (BRTR) is part of the US Aggregate Bonds segment. VTEC's top 1 sector exposures are Municipal. In contrast, BRTR's top sector exposures are Sovereign, Industrials and Finance. VTEC is less expensive with a Total Expense Ratio (TER) of 0.06%, versus 0.41% for BRTR. VTEC is down -1.02% year-to-date (YTD) with +$2.67B in YTD flows. BRTR performs worse with -1.38% YTD performance, and +$372M in YTD flows. Run a side-by-side ETF comparison of VTEC and BRTR 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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VTEC vs BRTR performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/28/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	VTEC BRTR	+3.67%+1.42%	-1.41%-1.39%	-1.02%-1.38%	-0.60%-1.65%	n/an/a	n/an/a
Flows	VTEC BRTR	+$864M+$67M	+$1.33B+$131M	+$2.67B+$372M	+$3.01B+$611M	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	VTEC BRTR	+5.02%+4.50%	+3.24%+4.04%	n/an/a	n/an/a
Max drawdown	VTEC BRTR	-5.64%-3.54%	-6.50%-4.97%	n/an/a	n/an/a
Max drawdown duration	VTEC BRTR	76d64d	241d241d	n/an/a	n/an/a

Trading data

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	VTEC	BRTR
Last sale 10/29/2026 at 1:38 PM	$96.90	$48.47
Previous close 10/28/2026	$96.74	$48.37
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 September 30, 2026

1-year trailing difference

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BRTR

is actively managed and doesn’t replicate an index

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	VTEC	BRTR
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/29/2026 at 1:38 PM

Live

Closed

	VTEC	BRTR
Last price	$96.90	$48.47
1D performance	+0.17%	+0.22%
AuM	$4.34 B	$848.42 M
E/R	0.06%	0.41%

Characteristics

	VTEC	BRTR
Management strategy	Passive	Active
Provider	Vanguard	iShares
Benchmark	S&P California AMT-Free Municipal Bond Index	-
N° of holdings	1739	1587
Asset class	Bonds	-
Trailing 12m distribution yield	Join	Join
Inception date	January 30, 2024	December 12, 2023
ESG	No	No

More VTEC data on Trackinsight

More BRTR data on Trackinsight

Exposure

Countries

VTEC

USA

60.82%

Other

39.18%

BRTR

Data will be available soon

Sectors

VTEC

Municipal

60.82%

Other

39.18%

BRTR

Data will be available soon

Diversification

VTEC

Total weight of top 15 holdings out of 15

4.13%

BRTR

Data will be available soon

Top 15 holdings

Data as of August 31, 2026

VTEC

University of California, FRN 15may2048, USD (2013)

0.52%

University of California, 5% 15may2036, USD (2025)

0.44%

Los Angeles Unified School District, 5% 1jul2034, USD (2024A)

0.33%

Bay Area Toll Authority, 5% 1apr2061, USD (2026)

0.31%

US072024YF30

0.29%

US91412HWB58

0.27%

US544647HQ66

0.23%

Foothill/Eastern Transportation Corridor Agency, 4% 15jan2046, USD (2021A)

0.23%

California Educational Facilities Authority, 5% 1oct2055, USD (2025A)

0.23%

University of California, 5% 15may2032, USD (2022)

0.23%

US13063EUR51

0.22%

US13063EUX20

0.22%

Irvine Ranch Water District, FRN 1oct2041, USD (2009A)

0.21%

Los Angeles Department of Water and Power, 5% 1jul2028, USD (2025)

0.21%

California, 5.25% 1aug2032, USD

0.20%

BRTR

Data will be available soon

Frequently asked questions about VTEC and BRTR

How have the VTEC and BRTR ETFs performed in 2026?

As of October 28, 2026, VTEC is down -1.02% year-to-date (YTD), while BRTR has lost -1.38%. That puts VTEC better performer ahead so far this year.

Which ETF is attracting more investor money: VTEC or BRTR?

Year-to-date, the VTEC ETF saw +$2.67B in flows, compared to +$372M for BRTR.

Which ETF is more volatile: VTEC or BRTR?

Over the past year, VTEC had a volatility of 3.24%, while BRTR experienced 4.04%.

Which ETF is bigger: VTEC or BRTR?

As of October 28, 2026, VTEC holds $4.34 B in assets under management (AUM), while BRTR manages $848.42 M.

What sectors do the VTEC and BRTR ETFs invest in?

VTEC leans toward sectors like Municipal. Meanwhile, BRTR focuses on Sovereign and Industrials.

What are the top holdings of the VTEC ETF and BRTR ETF?

VTEC top holdings include University of California, FRN 15may2048, USD (2013), University of California, 5% 15may2036, USD (2025) and Los Angeles Unified School District, 5% 1jul2034, USD (2024A). BRTR holds in its top three: US01F0526982, BlackRock Cash Funds - Institutional and USA, Bonds 4.75% 15nov2043, USD.

VTECvsBRTRETF Comparison

Vanguard California Tax-Exempt Bond ETF

iShares Total Return Active ETF

VTEC vs BRTR performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the VTEC and BRTR ETFs performed in 2026?

As of October 28, 2026, VTEC is down -1.02% year-to-date (YTD), while BRTR has lost -1.38%. That puts VTEC better performer ahead so far this year.

Which ETF is attracting more investor money: VTEC or BRTR?

Year-to-date, the VTEC ETF saw +$2.67B in flows, compared to +$372M for BRTR.

Which ETF is more volatile: VTEC or BRTR?

Over the past year, VTEC had a volatility of 3.24%, while BRTR experienced 4.04%.

Which ETF is bigger: VTEC or BRTR?

As of October 28, 2026, VTEC holds $4.34 B in assets under management (AUM), while BRTR manages $848.42 M.

What sectors do the VTEC and BRTR ETFs invest in?

VTEC leans toward sectors like Municipal. Meanwhile, BRTR focuses on Sovereign and Industrials.

What are the top holdings of the VTEC ETF and BRTR ETF?

Which ETF is more diversified: VTEC or BRTR?

VTEC holds 3916 securities with 4.13% of its assets in the top 15. BRTR has 9316 securities and a top 15 weight of 41.95%.

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