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Vanguard Tax-Exempt Bond Index Fund Admiral Shares...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US9229077535

CUSIP

922907753

Issuer

Vanguard

Inception Date

Aug 25, 2015

Min. Investment

$3,000

Asset Class

Bond

Expense Ratio

VTEAX has an expense ratio of 0.09%, which is considered low compared to other funds.


Expense ratio chart for VTEAX: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
VTEAX vs. VTEB VTEAX vs. VWALX VTEAX vs. VWAHX VTEAX vs. VWITX VTEAX vs. FMBIX VTEAX vs. LTEBX VTEAX vs. BND VTEAX vs. VMLUX VTEAX vs. VBTLX VTEAX vs. LEO
Popular comparisons:
VTEAX vs. VTEB VTEAX vs. VWALX VTEAX vs. VWAHX VTEAX vs. VWITX VTEAX vs. FMBIX VTEAX vs. LTEBX VTEAX vs. BND VTEAX vs. VMLUX VTEAX vs. VBTLX VTEAX vs. LEO

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Vanguard Tax-Exempt Bond Index Fund Admiral Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
0.50%
9.66%
VTEAX (Vanguard Tax-Exempt Bond Index Fund Admiral Shares)
Benchmark (^GSPC)

Returns By Period

Vanguard Tax-Exempt Bond Index Fund Admiral Shares had a return of 0.49% year-to-date (YTD) and 0.69% in the last 12 months.


VTEAX

YTD

0.49%

1M

-1.24%

6M

0.49%

1Y

0.69%

5Y*

0.86%

10Y*

N/A

^GSPC (Benchmark)

YTD

25.25%

1M

0.08%

6M

9.66%

1Y

25.65%

5Y*

13.17%

10Y*

11.11%

Monthly Returns

The table below presents the monthly returns of VTEAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.24%0.01%-0.24%-1.03%-0.24%1.53%0.80%0.75%0.95%-1.32%1.35%0.49%
20232.85%-2.28%2.24%-0.22%-0.67%0.83%0.23%-1.16%-2.74%-1.11%6.09%2.26%6.15%
2022-2.61%-0.46%-2.93%-2.68%1.70%-1.86%2.63%-2.42%-3.38%-0.69%4.70%-0.18%-8.20%
20210.60%-1.65%0.60%0.92%0.31%0.27%0.67%-0.32%-0.77%-0.10%0.82%0.12%1.43%
20201.77%1.27%-3.36%-1.43%3.15%0.77%1.51%-0.39%-0.11%-0.22%1.46%0.61%4.98%
20190.75%0.53%1.47%0.44%1.50%0.38%0.81%1.51%-0.75%0.14%0.14%0.32%7.45%
2018-0.99%-0.48%0.28%-0.36%1.12%0.08%0.25%0.15%-0.65%-0.64%1.05%1.19%0.98%
2017-1.13%0.95%-0.18%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of VTEAX is 21, meaning it’s performing worse than 79% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of VTEAX is 2121
Overall Rank
The Sharpe Ratio Rank of VTEAX is 2121
Sharpe Ratio Rank
The Sortino Ratio Rank of VTEAX is 1919
Sortino Ratio Rank
The Omega Ratio Rank of VTEAX is 2020
Omega Ratio Rank
The Calmar Ratio Rank of VTEAX is 2323
Calmar Ratio Rank
The Martin Ratio Rank of VTEAX is 2121
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Vanguard Tax-Exempt Bond Index Fund Admiral Shares (VTEAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for VTEAX, currently valued at 0.24, compared to the broader market-1.000.001.002.003.004.000.242.07
The chart of Sortino ratio for VTEAX, currently valued at 0.34, compared to the broader market-2.000.002.004.006.008.0010.000.342.76
The chart of Omega ratio for VTEAX, currently valued at 1.05, compared to the broader market0.501.001.502.002.503.003.501.051.39
The chart of Calmar ratio for VTEAX, currently valued at 0.16, compared to the broader market0.002.004.006.008.0010.0012.0014.000.163.05
The chart of Martin ratio for VTEAX, currently valued at 0.85, compared to the broader market0.0020.0040.0060.000.8513.27
VTEAX
^GSPC

The current Vanguard Tax-Exempt Bond Index Fund Admiral Shares Sharpe ratio is 0.24. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Vanguard Tax-Exempt Bond Index Fund Admiral Shares with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.24
2.07
VTEAX (Vanguard Tax-Exempt Bond Index Fund Admiral Shares)
Benchmark (^GSPC)

Dividends

Dividend History

Vanguard Tax-Exempt Bond Index Fund Admiral Shares provided a 2.59% dividend yield over the last twelve months, with an annual payout of $0.52 per share. The fund has been increasing its distributions for 2 consecutive years.


0.50%1.00%1.50%2.00%2.50%$0.00$0.10$0.20$0.30$0.40$0.50$0.602017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020201920182017
Dividend$0.52$0.56$0.41$0.35$0.43$0.49$0.46$0.07

Dividend yield

2.59%2.75%2.06%1.61%1.97%2.28%2.24%0.34%

Monthly Dividends

The table displays the monthly dividend distributions for Vanguard Tax-Exempt Bond Index Fund Admiral Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.00$0.00$0.52
2023$0.04$0.05$0.04$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.56
2022$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.04$0.04$0.04$0.04$0.41
2021$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.35
2020$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.03$0.04$0.03$0.43
2019$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.49
2018$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.46
2017$0.04$0.04$0.07

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.44%
-1.91%
VTEAX (Vanguard Tax-Exempt Bond Index Fund Admiral Shares)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Vanguard Tax-Exempt Bond Index Fund Admiral Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Vanguard Tax-Exempt Bond Index Fund Admiral Shares was 12.74%, occurring on Oct 25, 2022. The portfolio has not yet recovered.

The current Vanguard Tax-Exempt Bond Index Fund Admiral Shares drawdown is 2.44%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-12.74%Jul 28, 2021315Oct 25, 2022
-11.04%Mar 10, 20209Mar 20, 202094Aug 4, 2020103
-2.12%Dec 7, 201795Apr 25, 2018156Dec 6, 2018251
-1.98%Feb 16, 20218Feb 25, 202169Jun 4, 202177
-1.57%Aug 29, 201913Sep 17, 201975Jan 3, 202088

Volatility

Volatility Chart

The current Vanguard Tax-Exempt Bond Index Fund Admiral Shares volatility is 1.23%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
1.23%
3.82%
VTEAX (Vanguard Tax-Exempt Bond Index Fund Admiral Shares)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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