VTECvsIMTBETF Comparison
VS
Vanguard California Tax-Exempt Bond ETF (VTEC) belongs to the Municipal Bonds segment. iShares Core 5-10 Year USD Bond ETF (IMTB) is part of the US Aggregate Bonds segment. VTEC's top 1 sector exposures are Municipal. In contrast, IMTB's top sector exposures are Sovereign, Industrials and Non-Corporate. VTEC is less expensive with a Total Expense Ratio (TER) of 0.06%, versus 0.07% for IMTB. VTEC is down -1.7% year-to-date (YTD) with +$1.73B in YTD flows. IMTB performs better with -1.56% YTD performance, and +$4M in YTD flows. Run a side-by-side ETF comparison of VTEC and IMTB 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 IMTB performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/14/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | VTEC IMTB | -2.45%-1.68% | -2.89%-2.27% | -1.70%-1.56% | -0.19%-0.73% | n/a+14.70% | n/a-0.39% |
| Flows | VTEC IMTB | +$267M- | +$770M- | +$1.73B+$4M | +$2.16B+$26M | -+$84M | -+$163M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | VTEC IMTB | +3.08%+4.30% | +2.44%+3.94% | n/a+5.39% | n/a+6.20% |
| Max drawdown | VTEC IMTB | -3.63%-2.76% | -3.70%-3.43% | n/a-5.03% | n/a-18.13% |
| Max drawdown duration | VTEC IMTB | 70d77d | 197d197d | n/a280d | n/a1452d |
Trading data
VTEC | IMTB | |
Last sale 9/14/2026 at 1:30 PM | $96.39 | $42.11 |
| Previous close 09/14/2026 | $96.39 | $42.16 |
| Consolidated volume 09/14/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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VTEC | IMTB | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/14/2026 at 1:30 PM
Live
Closed
VTEC | IMTB | |
|---|---|---|
| Last price | $96.39 | $42.11 |
| 1D performance | +0.00% | -0.14% |
| AuM | $3.37 B | $269.61 M |
| E/R | 0.06% | 0.07% |
Characteristics
VTEC | IMTB | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Vanguard | iShares |
| Benchmark | S&P California AMT-Free Municipal Bond Index | Bloomberg U.S. Universal 5-10 Years Index |
| N° of holdings | 1775 | 2875 |
| Asset class | Bonds | Bonds |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 30, 2024 | November 1, 2016 |
| ESG | No | No |
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Exposure
Countries
VTEC
USA
64.08%
Other
35.92%
IMTB
USA
63.31%
Other
36.69%
Sectors
VTEC
Municipal
64.08%
Other
35.92%
IMTB
Sovereign
24.95%
Industrials
13.03%
Non-Corporate
10.19%
Finance
10.09%
Other
41.75%
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Diversification
VTEC
Total weight of top 15 holdings out of 15
3.64%
IMTB
Total weight of top 15 holdings out of 15
23.24%
Top 15 holdings
Data as of July 31, 2026
VTEC
University of California, 5% 15may2036, USD (2025)
0.48%
Bay Area Toll Authority, 5% 1apr2061, USD (2026)
0.34%
Los Angeles Unified School District, 5% 1jul2034, USD (2024A)
0.25%
US544647HQ66
0.25%
US91412HWB58
0.24%
Los Angeles Unified School District, 5% 1jul2032, USD (2024)
0.24%
University of California, 5% 15may2032, USD (2022)
0.22%
California Educational Facilities Authority, 5% 1oct2055, USD (2025A)
0.22%
Los Angeles Department of Water and Power, 5% 1jul2028, USD (2025)
0.22%
San Diego Community College District, 5% 1aug2031, USD
0.21%
US544647HM52
0.20%
Foothill/Eastern Transportation Corridor Agency, 4% 15jan2046, USD (2021A)
0.19%
California Educational Facilities Authority, 5% 1may2049, USD
0.19%
California, 5.25% 1aug2032, USD
0.19%
RIR Floater Trust, FRN 1aug2042, USD (2022-045)
0.19%
IMTB
BlackRock Cash Funds - Institutional
10.15%
USA, Notes 4.375% 15may2034, USD (C-2034)
1.19%
USA, Notes 4.25% 15aug2035, USD (E-2035)
1.16%
USA, Notes 4% 15nov2035, USD (F-2035)
1.11%
USA, Notes 4.625% 15feb2035, USD (B-2035)
1.03%
US01F0206874
0.93%
USA, Notes 2.875% 15may2032, USD (C-2032)
0.92%
USA, Notes 3.875% 15aug2034, USD (E-2034)
0.91%
USA, Notes 4% 15feb2034, USD (B-2034)
0.86%
USA, Notes 1.25% 15aug2031, USD (E-2031)
0.85%
US31418EDB39
0.85%
USA, Notes 4.125% 15feb2036, USD (B-2036)
0.82%
US3140XLFE34
0.82%
USA, Notes 4.5% 15nov2033, USD (F-2033)
0.82%
USA, Notes 4.25% 15nov2034, USD (F-2034)
0.82%
Frequently asked questions about VTEC and IMTB
How have the VTEC and IMTB ETFs performed in 2026?
As of September 14, 2026, VTEC is down -1.7% year-to-date (YTD), while IMTB has lost -1.56%. That puts IMTB better performer ahead so far this year.
Which ETF is attracting more investor money: VTEC or IMTB?
Year-to-date, the VTEC ETF saw +$1.73B in flows, compared to +$4M for IMTB.
Which ETF is more volatile: VTEC or IMTB?
Over the past year, VTEC had a volatility of 2.44%, while IMTB experienced 3.94%.
Which ETF is bigger: VTEC or IMTB?
As of September 14, 2026, VTEC holds $3.37 B in assets under management (AUM), while IMTB manages $269.61 M.
What sectors do the VTEC and IMTB ETFs invest in?
VTEC leans toward sectors like Municipal. Meanwhile, IMTB focuses on Sovereign, Industrials and Non-Corporate.
What are the top holdings of the VTEC ETF and IMTB ETF?
VTEC top holdings include University of California, 5% 15may2036, USD (2025), Bay Area Toll Authority, 5% 1apr2061, USD (2026) and Los Angeles Unified School District, 5% 1jul2034, USD (2024A). IMTB holds in its top three: BlackRock Cash Funds - Institutional, USA, Notes 4.375% 15may2034, USD (C-2034) and USA, Notes 4.25% 15aug2035, USD (E-2035).
Which ETF is more diversified: VTEC or IMTB?
VTEC holds 3925 securities with 3.64% of its assets in the top 15. IMTB has 3452 securities and a top 15 weight of 23.24%.
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