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Vanguard Tax-Exempt Bond Index ETF
VTEB performance and flow charts
Performance
Flows
Historic performance and flows
Data as of July 20, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -0.45% | +0.12% | +1.28% | +6.64% | +9.40% | +3.50% |
| Flows | +$678M | +$3.52B | +$3.27B | +$7.03B | +$17.36B | +$33.21B |
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 | 10568 |
| 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 June 30, 2026Diversification
Total weight of top 15 holdings out of 10,568
Top 15 Holdings
Sectors
Countries
Maturity
Credit rating
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +2.29% | +2.30% | +3.70% | +3.63% |
Max drawdown | -1.27% | -2.65% | -5.47% | -12.68% |
Max drawdown duration | 31d | 117d | 127d | 1231d |
Time to recover | 10d | 92d | 41d | 770d |
Replication quality
Data as of June 30, 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 July 20, 2026, VTEB manages $45.63 B, reflecting the total assets held in the fund.
How has VTEB performed recently?
As of July 20, 2026, VTEB delivered a return of -0.45% over the past month (1M performance), 0.12% over the past three months (3M), and 1.28% year-to-date (YTD).
What are the recent fund flows for VTEB?
As of July 20, 2026, VTEB has seen net flows of +$678M in the past month (1M flow) and +$3.27B year-to-date (YTD).
Does VTEB pay dividends?
As of July 20, 2026, VTEB has a trailing 12-month distribution yield of 3.38%.
How many holdings are in VTEB
As of June 30, 2026, VTEB holds 10568 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 June 30, 2026, VTEB holds 10568 securities, with 1.45% of its assets concentrated in its top 15 holdings.
What are the top holdings of VTEB?
As of June 30, 2026, VTEB holds a portfolio of 10568 underlyings, with its largest positions including US645790VV53, US91412HWH29 and US451434CB89. 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 June 30, 2026, VTEB has its largest geographic exposures in USA.
What sectors or themes does VTEB focus on?
As of June 30, 2026, VTEB is primarily exposed to Municipal.
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