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SMB vs. VTEB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SMB and VTEB is -0.80. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

SMB vs. VTEB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Short Muni ETF (SMB) and Vanguard Tax-Exempt Bond ETF (VTEB). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Daily Std Dev

SMB:

3.53%

VTEB:

4.73%

Max Drawdown

SMB:

-0.12%

VTEB:

-17.00%

Current Drawdown

SMB:

-0.06%

VTEB:

-2.92%

Returns By Period


SMB

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

VTEB

YTD

-1.35%

1M

1.93%

6M

-1.63%

1Y

0.64%

5Y*

0.89%

10Y*

N/A

*Annualized

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SMB vs. VTEB - Expense Ratio Comparison

SMB has a 0.20% expense ratio, which is higher than VTEB's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Risk-Adjusted Performance

SMB vs. VTEB — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SMB
The Risk-Adjusted Performance Rank of SMB is 8787
Overall Rank
The Sharpe Ratio Rank of SMB is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of SMB is 8484
Sortino Ratio Rank
The Omega Ratio Rank of SMB is 8989
Omega Ratio Rank
The Calmar Ratio Rank of SMB is 8686
Calmar Ratio Rank
The Martin Ratio Rank of SMB is 8989
Martin Ratio Rank

VTEB
The Risk-Adjusted Performance Rank of VTEB is 2323
Overall Rank
The Sharpe Ratio Rank of VTEB is 2525
Sharpe Ratio Rank
The Sortino Ratio Rank of VTEB is 2020
Sortino Ratio Rank
The Omega Ratio Rank of VTEB is 2020
Omega Ratio Rank
The Calmar Ratio Rank of VTEB is 2727
Calmar Ratio Rank
The Martin Ratio Rank of VTEB is 2525
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.

SMB vs. VTEB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Short Muni ETF (SMB) and Vanguard Tax-Exempt Bond ETF (VTEB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.



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Dividends

SMB vs. VTEB - Dividend Comparison

SMB's dividend yield for the trailing twelve months is around 2.46%, less than VTEB's 3.27% yield.


TTM20242023202220212020201920182017201620152014
SMB
VanEck Short Muni ETF
2.46%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VTEB
Vanguard Tax-Exempt Bond ETF
3.27%3.14%2.79%2.09%1.65%1.99%2.30%2.25%1.96%1.66%0.58%0.00%

Drawdowns

SMB vs. VTEB - Drawdown Comparison

The maximum SMB drawdown since its inception was -0.12%, smaller than the maximum VTEB drawdown of -17.00%. Use the drawdown chart below to compare losses from any high point for SMB and VTEB. For additional features, visit the drawdowns tool.


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Volatility

SMB vs. VTEB - Volatility Comparison


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