WABFvsVTEBETF Comparison
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Western Asset Bond ETF (WABF) belongs to the US Aggregate Bonds segment. Vanguard Tax-Exempt Bond Index ETF (VTEB) is part of the Municipal Bonds segment. WABF's top 3 sector exposures are Sovereign, Finance and Industrials. In contrast, VTEB's top sector exposures are Municipal. WABF is more expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.03% for VTEB. WABF is down -5.75% year-to-date (YTD) with -$4M in YTD flows. VTEB performs better with -2.14% YTD performance, and +$10.85B in YTD flows. Run a side-by-side ETF comparison of WABF and VTEB 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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WABF vs VTEB performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/19/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | WABF VTEB | -1.65%-0.31% | -3.64%-3.38% | -5.75%-2.14% | -6.85%-1.75% | +11.82%+11.68% | n/a+1.24% |
| Flows | WABF VTEB | -$4M+$4.52B | -$4M+$7.68B | -$4M+$10.85B | -$4M+$12.56B | -$30M+$24.44B | -+$39.96B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | WABF VTEB | +4.71%+5.32% | +4.48%+3.33% | +5.62%+3.82% | n/a+3.82% |
| Max drawdown | WABF VTEB | -4.67%-5.79% | -8.57%-6.63% | -8.57%-6.63% | n/a-12.41% |
| Max drawdown duration | WABF VTEB | 91d91d | 232d105d | 232d105d | n/a1001d |
Trading data
WABF | VTEB | |
Last sale 10/20/2026 at 1:30 PM | $23.78 | $47.97 |
| Previous close 10/19/2026 | $23.77 | $48.01 |
| Consolidated volume 10/19/2026 | ||
| 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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WABF
is actively managed and doesn’t replicate an indexWABF | VTEB | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/20/2026 at 1:30 PM
Live
Closed
WABF | VTEB | |
|---|---|---|
| Last price | $23.78 | $47.97 |
| 1D performance | +0.03% | -0.08% |
| AuM | $11.88 M | $51.31 B |
| E/R | 0.35% | 0.03% |
Characteristics
WABF | VTEB | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Franklin Templeton | Vanguard |
| Benchmark | - | S&P National AMT-Free Municipal Bond Index |
| N° of holdings | 348 | 5200 |
| Asset class | - | Bonds |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 19, 2023 | August 21, 2015 |
| ESG | No | No |
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Exposure
Countries
WABF
USA
44.94%
Other
55.06%
VTEB
USA
55.18%
Other
44.82%
Sectors
WABF
Sovereign
15.89%
Finance
9.54%
Other
74.58%
VTEB
Municipal
55.18%
Other
44.82%
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Diversification
WABF
Total weight of top 15 holdings out of 15
28.25%
VTEB
Total weight of top 15 holdings out of 15
1.57%
Top 15 holdings
Data as of August 31, 2026
WABF
USA, Notes 4.625% 30sep2030, USD (Q-2030)
11.68%
US3140QNCM26
1.63%
US3132D9FS84
1.55%
US03665MAJ09
1.40%
USA, Bonds 4.75% 15feb2041, USD
1.32%
US02009EAA47
1.20%
US3133KRV844
1.16%
XS3315388846
1.14%
US3140NDCS41
1.12%
HSBC Holdings plc, 4.762% 29mar2033, USD
1.10%
Mexico, 4.875% 19may2033, USD
1.07%
KazMunayGas, 3.5% 14apr2033, USD
1.02%
Naspers, 3.061% 13jul2031, USD
1.02%
US3140FXTT96
0.99%
US081925AD15
0.87%
VTEB
US13063EUN48
0.16%
US13063EUP95
0.15%
City of New York, 5% 1aug2034, USD (2026)
0.12%
University of California, 5% 15may2036, USD (2025)
0.11%
US68608JXF38
0.10%
Idaho, 4% 30jun2027, USD (2026)
0.10%
US87638QBF54
0.10%
California, 5.25% 1aug2032, USD
0.10%
US646140KX00
0.10%
New Jersey Health Care Facilities Financing Authority, 1.9% 1jul2061, USD (2026B-1)
0.10%
City of New York, 5% 1aug2032, USD (2026)
0.09%
US574193YA01
0.09%
Wisconsin, 5% 1may2038, USD (2026)
0.09%
Triborough Bridge and Tunnel Authority, 5% 1feb2028, USD (2026A)
0.08%
Dallas Independent School District, 5% 15feb2056, USD (2026B)
0.08%
Frequently asked questions about WABF and VTEB
How have the WABF and VTEB ETFs performed in 2026?
As of October 19, 2026, WABF is down -5.75% year-to-date (YTD), while VTEB has lost -2.14%. That puts VTEB better performer ahead so far this year.
Which ETF is attracting more investor money: WABF or VTEB?
Year-to-date, the WABF ETF saw -$4M in flows, compared to +$10.85B for VTEB.
Which ETF is more volatile: WABF or VTEB?
Over the past year, WABF had a volatility of 4.48%, while VTEB experienced 3.33%.
Which ETF is bigger: WABF or VTEB?
As of October 19, 2026, WABF holds $11.88 M in assets under management (AUM), while VTEB manages $51.31 B.
What sectors do the WABF and VTEB ETFs invest in?
WABF leans toward sectors like Sovereign and Finance. Meanwhile, VTEB focuses on Municipal.
What are the top holdings of the WABF ETF and VTEB ETF?
WABF top holdings include USA, Notes 4.625% 30sep2030, USD (Q-2030), US3140QNCM26 and US3132D9FS84. VTEB holds in its top three: US13063EUN48, US13063EUP95 and City of New York, 5% 1aug2034, USD (2026).
Which ETF is more diversified: WABF or VTEB?
WABF holds 430 securities with 28.25% of its assets in the top 15. VTEB has 10722 securities and a top 15 weight of 1.57%.
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Latest news about WABF & VTEB
The Weekly ETF Market Monitor (September 28-October 2, 2026)
October 2, 2026
VTEB
A Look at Vanguard's New Short-Term Tax-Exempt Bond ETF
April 21, 2023
VTEB
Vanguard plans to launch a new short-term municipal bond ETF in 2023
December 23, 2022
VTEB
Investing in Municipal Bond ETFs
October 24, 2022
VTEB
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