VTELvsVTEIETF Comparison
VS
Vanguard Long-Term Tax-Exempt Bond ETF (VTEL) and Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI) belong to the same industry segment: Municipal Bonds. Both ETFs have the same top 1 sector exposures: Municipal. VTEL is more expensive with a Total Expense Ratio (TER) of 0.09%, versus 0.08% for VTEI. VTEL is down -0.8% year-to-date (YTD) with +$196M in YTD flows. VTEI performs better with -0.54% YTD performance, and +$481M in YTD flows. Run a side-by-side ETF comparison of VTEL and VTEI 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
VTEL vs VTEI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/01/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | VTEL VTEI | -1.30%-0.56% | -2.49%-1.53% | -0.80%-0.54% | +4.97%+2.75% | n/an/a | n/an/a |
| Flows | VTEL VTEI | +$43M+$62M | +$92M+$162M | +$196M+$481M | +$296M+$735M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | VTEL VTEI | +3.52%+2.29% | +3.34%+2.13% | n/an/a | n/an/a |
| Max drawdown | VTEL VTEI | -3.62%-2.11% | -3.62%-2.55% | n/an/a | n/an/a |
| Max drawdown duration | VTEL VTEI | 57d57d | 57d184d | n/an/a | n/an/a |
Trading data
VTEL | VTEI | |
Last sale 9/2/2026 at 1:30 PM | $100.02 | $98.10 |
| Previous close 09/01/2026 | $100.08 | $98.19 |
| Consolidated volume 09/01/2026 | ||
| 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
Create an account to view replication metrics
Join for free
VTEL | VTEI | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/2/2026 at 1:30 PM
Live
Closed
VTEL | VTEI | |
|---|---|---|
| Last price | $100.02 | $98.10 |
| 1D performance | -0.06% | -0.09% |
| AuM | $362.54 M | $1.58 B |
| E/R | 0.09% | 0.08% |
Characteristics
VTEL | VTEI | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Vanguard | Vanguard |
| Benchmark | S&P 10+ Year National AMT-Free Municipal Bond Index | S&P Intermediate Term National AMT-Free Municipal Bond Index |
| N° of holdings | 2271 | 2991 |
| Asset class | - | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 20, 2025 | January 30, 2024 |
| ESG | No | No |
Advertisement
Exposure
Countries
VTEL
USA
58.08%
Other
41.92%
VTEI
USA
56.56%
Other
43.44%
Sectors
VTEL
Municipal
58.08%
Other
41.92%
VTEI
Municipal
56.56%
Other
43.44%
Advertisement
Diversification
VTEL
Total weight of top 15 holdings out of 15
1.86%
VTEI
Total weight of top 15 holdings out of 15
1.97%
Top 15 holdings
Data as of July 31, 2026
VTEL
California, 5% 1aug2050, USD
0.16%
Grand Parkway Transportation Corp., 5% 1oct2043, USD (2018A)
0.15%
US64972JN619
0.15%
New York Municipal Water Finance Authority, 5.25% 15jun2053, USD (2025)
0.13%
New York Dormitory Authority, 5.5% 1jul2054, USD (2024A)
0.13%
US64972JDG04
0.13%
California, 5% 1aug2042, USD
0.12%
Hudson Yards Infrastructure Corp., 5% 15feb2042, USD
0.12%
New Jersey Turnpike Authority, 5% 1jan2052, USD (2026)
0.12%
New York Urban Development Corp., 5% 15mar2043, USD (2020C)
0.11%
New York Dormitory Authority, 4% 15feb2047, USD (2019D)
0.11%
New York Metropolitan Transportation Authority, 4% 15nov2036, USD (2016B)
0.11%
Tampa-Hillsborough Expressway Authority, 5% 1jul2047, USD (2017)
0.11%
California Educational Facilities Authority, 5% 1oct2055, USD (2025A)
0.10%
Los Angeles Department of Water and Power, 5% 1jul2042, USD
0.10%
VTEI
California, 5% 1oct2035, USD
0.16%
Bay Area Toll Authority, 5% 1apr2061, USD (2026)
0.16%
California Public Works Board, 5% 1apr2035, USD
0.14%
University of California, 5% 15may2036, USD (2025)
0.14%
US697379YS89
0.14%
Idaho, 4% 30jun2027, USD (2026)
0.13%
US442403RT05
0.13%
New York Transitional Finance Authority, 5% 1nov2030, USD (2026)
0.13%
San Francisco Public Utilities Commission, 1% 1oct2026, USD (2021)
0.13%
New York Dormitory Authority, 5% 15mar2033, USD (2026A)
0.13%
New York Dormitory Authority, 5% 15mar2035, USD (2026A)
0.13%
Hudson Yards Infrastructure Corp., 5% 15feb2042, USD
0.12%
US67766WV741
0.12%
US677523LK63
0.11%
US419792MM53
0.11%
Frequently asked questions about VTEL and VTEI
How have the VTEL and VTEI ETFs performed in 2026?
As of September 1, 2026, VTEL is down -0.8% year-to-date (YTD), while VTEI has lost -0.54%. That puts VTEI better performer ahead so far this year.
Which ETF is attracting more investor money: VTEL or VTEI?
Year-to-date, the VTEL ETF saw +$196M in flows, compared to +$481M for VTEI.
Which ETF is more volatile: VTEL or VTEI?
Over the past year, VTEL had a volatility of 3.34%, while VTEI experienced 2.13%.
Which ETF is bigger: VTEL or VTEI?
As of September 1, 2026, VTEL holds $362.54 M in assets under management (AUM), while VTEI manages $1.58 B.
What sectors do the VTEL and VTEI ETFs invest in?
VTEL leans toward sectors like Municipal. Meanwhile, VTEI focuses on Municipal.
What are the top holdings of the VTEL ETF and VTEI ETF?
VTEL top holdings include California, 5% 1aug2050, USD, Grand Parkway Transportation Corp., 5% 1oct2043, USD (2018A) and US64972JN619. VTEI holds in its top three: California, 5% 1oct2035, USD, Bay Area Toll Authority, 5% 1apr2061, USD (2026) and California Public Works Board, 5% 1apr2035, USD.
Which ETF is more diversified: VTEL or VTEI?
VTEL holds 4397 securities with 1.86% of its assets in the top 15. VTEI has 6057 securities and a top 15 weight of 1.97%.
Advertisement
Advertisement
