From idea to ETF portfolio in minutes. Build yours now →
Vanguard Tax-Exempt Bond Index ETF
VTEB performance and flow charts
Performance
Flows
Historic performance and flows
Data as of September 4, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -1.06% | -1.98% | -0.43% | +3.24% | +9.33% | +2.27% |
| Flows | +$1.05B | +$2.59B | +$4.92B | +$7.92B | +$18.49B | +$34.35B |
Characteristics
The Vanguard Tax-Exempt Bond Index ETF is built to track the S&P National AMT-Free Municipal Bond Total Return Index - USD. This ETF provides physical exposure - by owning its shares you earn the return of the securities composing the index (as the ETF holds them directly). This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Long Only |
| Provider | Vanguard |
| N° of holdings | 10658 |
| Replication method | Direct (Physical) |
| Asset class | Fixed Income |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | August 21, 2015 |
| ESG | No |
More data and info about VTEB on Trackinsight
Exposure
Data as of July 31, 2026Diversification
Total weight of top 15 holdings out of 10,658
Top 15 Holdings
Sectors
Countries
Maturity
Credit rating
Similar ETFs
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +2.63% | +2.54% | +3.71% | +3.67% |
Max drawdown | -2.57% | -2.65% | -5.41% | -12.41% |
Max drawdown duration | 60d | 117d | 275d | 1001d |
Time to recover | N/A | 92d | 154d | 707d |
Replication quality
Data as of August 31, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is VTEB?
VTEB is a Passive ETF that provides exposure to Fixed Income assets. It is managed by Vanguard.
What index does VTEB track?
VTEB tracks the S&P National AMT-Free Municipal Bond Total Return Index - USD, aiming to replicate its performance through optimized sampling.
What does VTEB invest in?
This ETF provides exposure to US Investment Grade Municipal Bonds. It is part of the segment: Municipal Bonds.
What is the expense ratio of VTEB?
The total expense ratio (TER) of VTEB is 0.03%, representing the annual fee charged by the fund manager.
When was VTEB launched?
VTEB was launched on August 21, 2015, marking its entry into the ETF market.
Who is the issuer of VTEB?
VTEB is issued by Vanguard.
What is the AUM of VTEB?
As of September 4, 2026, VTEB manages $46.23 B, reflecting the total assets held in the fund.
How has VTEB performed recently?
As of September 4, 2026, VTEB delivered a return of -1.06% over the past month (1M performance), -1.98% over the past three months (3M), and -0.43% year-to-date (YTD).
What are the recent fund flows for VTEB?
As of September 4, 2026, VTEB has seen net flows of +$1.05B in the past month (1M flow) and +$4.92B year-to-date (YTD).
Does VTEB pay dividends?
As of September 4, 2026, VTEB has a trailing 12-month distribution yield of 3.48%.
How many holdings are in VTEB
As of July 31, 2026, VTEB holds 10658 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is VTEB?
As of July 31, 2026, VTEB holds 10658 securities, with 1.34% of its assets concentrated in its top 15 holdings.
What are the top holdings of VTEB?
As of July 31, 2026, VTEB holds a portfolio of 10658 underlyings, with its largest positions including City of New York, 5% 1aug2034, USD (2026), University of California, 5% 15may2036, USD (2025) and Idaho, 4% 30jun2027, USD (2026). These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does VTEB invest in?
As of July 31, 2026, VTEB has its largest geographic exposures in USA.
What sectors or themes does VTEB focus on?
As of July 31, 2026, VTEB is primarily exposed to Municipal.
Advantages of ETFs over Mutual Funds1/6
Lower Costs
In this guide, we'll explore the advantages of ETFs over mutual funds, giving you valuable insights into why ETFs have gained significant popularity among investors like yourself.
Leveraged ETFs: Unlocking the Potential for Amplified Returns1/6
Understanding Leveraged ETFs
Explore leveraged ETFs: potential for amplified returns & risks. 5 ETFs to consider across equities, commodities & fixed income.
What is a Leveraged ETF?1/6
Introducing Leveraged and Inverse ETFs
In this guide, we'll dive into the world of leveraged ETFs, exploring their definition, mechanics, potential risks, and rewards.
Recent educational content
ETF Trends
ETF Industry KPIs August 31, 2026
This week’s KPI data overview highlights key metrics and trends shaping the ETF landscape.
ETF Trends
ETF Industry KPIs August 24, 2026
This week’s KPI data overview highlights key metrics and trends shaping the ETF landscape.
What’sTheFund
What's the Fund | Ocean Park Diversified Income ETF (DUKZ)
James St Aubin, Chief Investment Officer at Ocean Park Asset Management, discuss the DUKZ ETF, exposing investors to the whole spectrum of asset classes in the fixed income markets, through their rules-based process.
ETF Takeaway
ETF Takeaway: Ocean Park Diversified Income ETF (DUKZ)
James St Aubin, Chief Investment Officer at Ocean Park Asset Management discusses the state of fixed income markets and how their DUKZ ETF, through their rules-based process, tactically allocates to 11 sectors of fixed income through underlying ETFs.
Browse all educational columns
Expert-Built ETF Portfolios, All in One Place
Don’t start from scratch. Discover ready-made ETF portfolios built by professionals to match different goals, timelines, and market views. Use them as inspiration or as a starting point for your own allocation.
