VTEIvsBSMVETF Comparison
VS
Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI) and Invesco BulletShares 2031 Municipal Bond ETF (BSMV) belong to the same industry segment: Municipal Bonds. Both ETFs have the same top 1 sector exposures: Municipal. VTEI is less expensive with a Total Expense Ratio (TER) of 0.08%, versus 0.18% for BSMV. VTEI is down -1.73% year-to-date (YTD) with +$1.01B in YTD flows. BSMV performs worse with -2.01% YTD performance, and +$52M in YTD flows. Run a side-by-side ETF comparison of VTEI and BSMV 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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VTEI vs BSMV performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | VTEI BSMV | +0.14%-0.04% | -2.64%-2.42% | -1.73%-2.01% | -1.00%-1.47% | n/a+10.53% | n/a-5.74% |
| Flows | VTEI BSMV | +$501M+$12M | +$637M+$22M | +$1.01B+$52M | +$1.17B+$81M | -+$179M | -+$207M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | VTEI BSMV | +4.55%+4.61% | +2.84%+2.82% | n/a+3.76% | n/a+4.61% |
| Max drawdown | VTEI BSMV | -5.13%-5.01% | -6.13%-6.31% | n/a-6.31% | n/a-20.33% |
| Max drawdown duration | VTEI BSMV | 92d64d | 229d229d | n/a229d | n/a1753d |
Trading data
VTEI | BSMV | |
Last sale 10/16/2026 at 1:30 PM | $96.77 | $20.22 |
| Previous close 10/16/2026 | $96.79 | $20.20 |
| Consolidated volume 10/16/2026 | ||
| 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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VTEI | BSMV | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
VTEI | BSMV | |
|---|---|---|
| Last price | $96.77 | $20.22 |
| 1D performance | -0.02% | +0.10% |
| AuM | $2.09 B | $204.17 M |
| E/R | 0.08% | 0.18% |
Characteristics
VTEI | BSMV | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Vanguard | Invesco |
| Benchmark | S&P Intermediate Term National AMT-Free Municipal Bond Index | ICE BulletShares USD Municipal Bond 2031 Index |
| N° of holdings | 2950 | 671 |
| Asset class | Fixed Income | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 30, 2024 | September 15, 2021 |
| ESG | No | No |
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Exposure
Countries
VTEI
USA
53.74%
Other
46.26%
BSMV
USA
53.32%
Other
46.68%
Sectors
VTEI
Municipal
53.74%
Other
46.26%
BSMV
Municipal
53.32%
Other
46.68%
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Diversification
VTEI
Total weight of top 15 holdings out of 15
2.61%
BSMV
Total weight of top 15 holdings out of 15
5.44%
Top 15 holdings
Data as of August 31, 2026
VTEI
US13063EUS35
0.51%
US13063EUP95
0.40%
California, 5% 1mar2035, USD
0.15%
California, 5% 1oct2035, USD
0.15%
New York Municipal Water Finance Authority, 5% 15jun2040, USD
0.14%
US13063EUV63
0.14%
University of California, 5% 15may2036, USD (2025)
0.13%
Idaho, 4% 30jun2027, USD (2026)
0.13%
US442403RT05
0.12%
New York Transitional Finance Authority, 5% 1nov2030, USD (2026)
0.12%
San Francisco Public Utilities Commission, 1% 1oct2026, USD (2021)
0.12%
Hudson Yards Infrastructure Corp., 5% 15feb2039, USD
0.12%
New York Dormitory Authority, 5% 15mar2033, USD (2026A)
0.12%
New York Dormitory Authority, 5% 15mar2035, USD (2026A)
0.12%
Hudson Yards Infrastructure Corp., 5% 15feb2042, USD
0.12%
BSMV
Triborough Bridge and Tunnel Authority, 5% 15may2051, USD (2021A)
0.65%
New Jersey, 4% 1jun2031, USD
0.60%
Illinois Toll Highway Authority, 5% 1jan2045, USD
0.60%
University of California, 5% 15may2046, USD
0.33%
US13032UE388
0.32%
California, 4% 1oct2041, USD
0.32%
California, 5% 1sep2041, USD
0.31%
New York Dormitory Authority, 5% 15aug2002, USD
0.30%
Massachusetts, 5% 1sep2031, USD (2021)
0.30%
US13063DM705
0.29%
US45884AC273
0.29%
Triborough Bridge and Tunnel Authority, 5% 15nov2051, USD (2021A)
0.29%
US646140JN47
0.29%
Maryland, 5% 1mar2034, USD
0.28%
New York Dormitory Authority, 5% 1oct2037, USD (2023A)
0.26%
Frequently asked questions about VTEI and BSMV
How have the VTEI and BSMV ETFs performed in 2026?
As of October 16, 2026, VTEI is down -1.73% year-to-date (YTD), while BSMV has lost -2.01%. That puts VTEI better performer ahead so far this year.
Which ETF is attracting more investor money: VTEI or BSMV?
Year-to-date, the VTEI ETF saw +$1.01B in flows, compared to +$52M for BSMV.
Which ETF is more volatile: VTEI or BSMV?
Over the past year, VTEI had a volatility of 2.84%, while BSMV experienced 2.82%.
Which ETF is bigger: VTEI or BSMV?
As of October 16, 2026, VTEI holds $2.09 B in assets under management (AUM), while BSMV manages $204.17 M.
What sectors do the VTEI and BSMV ETFs invest in?
VTEI leans toward sectors like Municipal. Meanwhile, BSMV focuses on Municipal.
What are the top holdings of the VTEI ETF and BSMV ETF?
VTEI top holdings include US13063EUS35, US13063EUP95 and California, 5% 1mar2035, USD. BSMV holds in its top three: Triborough Bridge and Tunnel Authority, 5% 15may2051, USD (2021A), New Jersey, 4% 1jun2031, USD and Illinois Toll Highway Authority, 5% 1jan2045, USD.
Which ETF is more diversified: VTEI or BSMV?
VTEI holds 6052 securities with 2.61% of its assets in the top 15. BSMV has 1534 securities and a top 15 weight of 5.44%.
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