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Vanguard California Tax-Exempt Bond ETF
VTEC performance and flow charts
Performance
Flows
Historic performance and flows
Data as of October 27, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +3.70% | -1.20% | -0.99% | -0.56% | ||
| Flows | +$828M | +$1.31B | +$2.63B | +$2.98B | - | - |
Characteristics
The Vanguard California Tax-Exempt Bond ETF is built to track the S&P California 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 | 3916 |
| Replication method | Direct (Physical) |
| Asset class | Fixed Income |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | January 30, 2024 |
| ESG | No |
More data and info about VTEC on Trackinsight
Exposure
Data as of August 31, 2026Diversification
Total weight of top 15 holdings out of 3,916
Top 15 Holdings
Sectors
Countries
Maturity
Credit rating
Similar ETFs
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +5.04% | +3.24% | ||
Max drawdown | -5.64% | -6.50% | ||
Max drawdown duration | 75d | 240d | N/A | N/A |
Time to recover | N/A | N/A | N/A | N/A |
Replication quality
Data as of September 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 VTEC?
VTEC is a Passive ETF that provides exposure to Fixed Income assets. It is managed by Vanguard.
What index does VTEC track?
VTEC tracks the S&P California AMT-Free Municipal Bond Total Return Index - USD, aiming to replicate its performance through optimized sampling.
What does VTEC 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 VTEC?
The total expense ratio (TER) of VTEC is 0.06%, representing the annual fee charged by the fund manager.
When was VTEC launched?
VTEC was launched on January 30, 2024, marking its entry into the ETF market.
Who is the issuer of VTEC?
VTEC is issued by Vanguard.
What is the AUM of VTEC?
As of October 27, 2026, VTEC manages $4.30 B, reflecting the total assets held in the fund.
How has VTEC performed recently?
As of October 27, 2026, VTEC delivered a return of 3.7% over the past month (1M performance), -1.2% over the past three months (3M), and -0.99% year-to-date (YTD).
What are the recent fund flows for VTEC?
As of October 27, 2026, VTEC has seen net flows of +$828M in the past month (1M flow) and +$2.63B year-to-date (YTD).
Does VTEC pay dividends?
As of October 27, 2026, VTEC has a trailing 12-month distribution yield of 3.23%.
How many holdings are in VTEC
As of August 31, 2026, VTEC holds 3916 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is VTEC?
As of August 31, 2026, VTEC holds 3916 securities, with 4.13% of its assets concentrated in its top 15 holdings.
What are the top holdings of VTEC?
As of August 31, 2026, VTEC holds a portfolio of 3916 underlyings, with its largest positions including University of California, FRN 15may2048, USD (2013), University of California, 5% 15may2036, USD (2025) and Los Angeles Unified School District, 5% 1jul2034, USD (2024A). These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does VTEC invest in?
As of August 31, 2026, VTEC has its largest geographic exposures in USA.
What sectors or themes does VTEC focus on?
As of August 31, 2026, VTEC is primarily exposed to Municipal.
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