Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI)
VTEI is a passive ETF by Vanguard tracking the investment results of the S&P Intermediate Term National AMT-Free Municipal Bond Index. VTEI launched on Jan 29, 2024 and has a 0.08% expense ratio.
ETF Info
Jan 29, 2024
1x
S&P Intermediate Term National AMT-Free Municipal Bond Index
Expense Ratio
VTEI has an expense ratio of 0.08%, which is considered low compared to other funds.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Vanguard Intermediate-Term Tax-Exempt Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Vanguard Intermediate-Term Tax-Exempt Bond ETF had a return of 0.58% year-to-date (YTD) and 2.19% in the last 12 months.
VTEI
0.58%
0.79%
0.67%
2.19%
N/A
N/A
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of VTEI, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.40% | 0.58% | |||||||||||
| 2024 | 0.42% | -0.24% | -0.23% | -0.96% | -0.43% | 1.22% | 0.90% | 0.74% | 0.93% | -1.18% | 1.25% | -0.84% | 1.55% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of VTEI is 32, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Vanguard Intermediate-Term Tax-Exempt Bond ETF provided a 2.88% dividend yield over the last twelve months, with an annual payout of $2.87 per share.
| Period | TTM | 2024 |
|---|---|---|
| Dividend | $2.87 | $2.63 |
Dividend yield | 2.88% | 2.65% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard Intermediate-Term Tax-Exempt Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.24 | $0.24 | ||||||||||
| 2024 | $0.22 | $0.26 | $0.13 | $0.24 | $0.26 | $0.26 | $0.26 | $0.25 | $0.25 | $0.51 | $2.63 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Vanguard Intermediate-Term Tax-Exempt Bond ETF. 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 Intermediate-Term Tax-Exempt Bond ETF was 2.06%, occurring on May 30, 2024. Recovery took 29 trading sessions.
The current Vanguard Intermediate-Term Tax-Exempt Bond ETF drawdown is 0.53%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -2.06% | Feb 2, 2024 | 82 | May 30, 2024 | 29 | Jul 12, 2024 | 111 |
| -1.87% | Oct 3, 2024 | 25 | Nov 6, 2024 | 19 | Dec 4, 2024 | 44 |
| -1.8% | Dec 5, 2024 | 26 | Jan 14, 2025 | — | — | — |
| -0.69% | Aug 6, 2024 | 3 | Aug 8, 2024 | 11 | Aug 23, 2024 | 14 |
| -0.26% | Aug 26, 2024 | 5 | Aug 30, 2024 | 3 | Sep 5, 2024 | 8 |
Volatility
Volatility Chart
The current Vanguard Intermediate-Term Tax-Exempt Bond ETF volatility is 0.75%, 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.