VTEIvsITMETF Comparison
VS
Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI) and VanEck Intermediate Muni ETF (ITM) 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 ITM. VTEI is down -1.73% year-to-date (YTD) with +$1.01B in YTD flows. ITM performs worse with -2.88% YTD performance, and +$176M in YTD flows. Run a side-by-side ETF comparison of VTEI and ITM 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
VTEI vs ITM 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 ITM | +0.14%+0.07% | -2.64%-3.17% | -1.73%-2.88% | -1.00%-2.05% | n/a+10.27% | n/a-0.94% |
| Flows | VTEI ITM | +$501M+$174M | +$637M+$110M | +$1.01B+$176M | +$1.17B+$259M | -+$343M | -+$507M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | VTEI ITM | +4.55%+5.25% | +2.84%+3.33% | n/a+3.74% | n/a+3.77% |
| Max drawdown | VTEI ITM | -5.13%-5.93% | -6.13%-7.74% | n/a-7.74% | n/a-14.22% |
| Max drawdown duration | VTEI ITM | 92d92d | 229d229d | n/a229d | n/a1387d |
Trading data
VTEI | ITM | |
Last sale 10/16/2026 at 1:30 PM | $96.77 | $44.83 |
| Previous close 10/16/2026 | $96.79 | $44.85 |
| 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
Create an account to view replication metrics
Join for free
VTEI | ITM | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
VTEI | ITM | |
|---|---|---|
| Last price | $96.77 | $44.83 |
| 1D performance | -0.02% | -0.04% |
| AuM | $2.09 B | $2.20 B |
| E/R | 0.08% | 0.18% |
Characteristics
VTEI | ITM | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Vanguard | VanEck |
| Benchmark | S&P Intermediate Term National AMT-Free Municipal Bond Index | ICE Intermediate AMT-Free Broad National Municipal Index |
| N° of holdings | 2950 | 680 |
| Asset class | Fixed Income | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 30, 2024 | December 4, 2007 |
| ESG | No | No |
Advertisement
Exposure
Countries
VTEI
USA
53.74%
Other
46.26%
ITM
USA
52.78%
Other
47.22%
Sectors
VTEI
Municipal
53.74%
Other
46.26%
ITM
Municipal
52.78%
Other
47.22%
Advertisement
Diversification
VTEI
Total weight of top 15 holdings out of 15
2.61%
ITM
Total weight of top 15 holdings out of 15
5.34%
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%
ITM
US646067KE77
0.55%
California Community Choice Financing Authority, 5% 1aug2055, USD (2024C)
0.51%
California Community Choice Financing Authority, 5% 1feb2055, USD (2024F)
0.47%
California, 4% 1mar2036, USD
0.45%
Connecticut Health and Educational Facilities Authority, 5% 1jul2064, USD (2025B-2)
0.39%
California Community Choice Financing Authority, 5% 1jan2056, USD (2024H)
0.38%
US74440DFC39
0.33%
US64972GE267
0.30%
California, 5.25% 1aug2032, USD
0.30%
US63607WBD56
0.29%
California Housing Finance Agency, 3.75% 25mar2035, USD (2021-2, A)
0.29%
Southeast Energy Authority, 5.25% 1nov2055, USD (2025F)
0.28%
US569203NS77
0.28%
Black Belt Energy Gas District, 4% 1jun2051, USD (2021A)
0.27%
Commonwealth Financing Authority, 4% 1jun2039, USD (2018)
0.25%
Frequently asked questions about VTEI and ITM
How have the VTEI and ITM ETFs performed in 2026?
As of October 16, 2026, VTEI is down -1.73% year-to-date (YTD), while ITM has lost -2.88%. That puts VTEI better performer ahead so far this year.
Which ETF is attracting more investor money: VTEI or ITM?
Year-to-date, the VTEI ETF saw +$1.01B in flows, compared to +$176M for ITM.
Which ETF is more volatile: VTEI or ITM?
Over the past year, VTEI had a volatility of 2.84%, while ITM experienced 3.33%.
Which ETF is bigger: VTEI or ITM?
As of October 16, 2026, VTEI holds $2.09 B in assets under management (AUM), while ITM manages $2.20 B.
What sectors do the VTEI and ITM ETFs invest in?
VTEI leans toward sectors like Municipal. Meanwhile, ITM focuses on Municipal.
What are the top holdings of the VTEI ETF and ITM ETF?
VTEI top holdings include US13063EUS35, US13063EUP95 and California, 5% 1mar2035, USD. ITM holds in its top three: US646067KE77, California Community Choice Financing Authority, 5% 1aug2055, USD (2024C) and California Community Choice Financing Authority, 5% 1feb2055, USD (2024F).
Which ETF is more diversified: VTEI or ITM?
VTEI holds 6052 securities with 2.61% of its assets in the top 15. ITM has 1325 securities and a top 15 weight of 5.34%.
Advertisement
Advertisement
