TFI vs. VTEB
Compare and contrast key facts about SPDR Nuveen Bloomberg Barclays Municipal Bond ETF (TFI) and Vanguard Tax-Exempt Bond ETF (VTEB).
TFI and VTEB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TFI is a passively managed fund by State Street that tracks the performance of the Bloomberg US Municipal Managed Money (1-25 Y). It was launched on Sep 11, 2007. VTEB is a passively managed fund by Vanguard that tracks the performance of the S&P National AMT-Free Municipal Bond Index. It was launched on Aug 21, 2015. Both TFI and VTEB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TFI or VTEB.
Correlation
The correlation between TFI and VTEB is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TFI vs. VTEB - Performance Comparison
Key characteristics
TFI:
0.23
VTEB:
0.60
TFI:
0.33
VTEB:
0.85
TFI:
1.04
VTEB:
1.11
TFI:
0.11
VTEB:
0.50
TFI:
0.64
VTEB:
2.14
TFI:
1.45%
VTEB:
1.08%
TFI:
4.14%
VTEB:
3.85%
TFI:
-15.49%
VTEB:
-17.00%
TFI:
-6.03%
VTEB:
-1.85%
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with TFI at -0.26% and VTEB at -0.26%.
TFI
-0.26%
-0.02%
0.21%
0.80%
-0.30%
1.50%
VTEB
-0.26%
0.08%
0.69%
2.21%
0.66%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TFI vs. VTEB - Expense Ratio Comparison
TFI has a 0.23% 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
TFI vs. VTEB — Risk-Adjusted Performance Rank
TFI
VTEB
TFI vs. VTEB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Nuveen Bloomberg Barclays Municipal Bond ETF (TFI) 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.
Dividends
TFI vs. VTEB - Dividend Comparison
TFI's dividend yield for the trailing twelve months is around 3.02%, less than VTEB's 3.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF | 3.02% | 3.01% | 2.41% | 1.87% | 1.71% | 2.04% | 2.14% | 2.25% | 2.16% | 2.58% | 2.40% | 2.37% |
VTEB Vanguard Tax-Exempt Bond ETF | 3.15% | 3.14% | 2.79% | 2.09% | 1.65% | 1.99% | 2.30% | 2.25% | 1.96% | 1.66% | 0.58% | 0.00% |
Drawdowns
TFI vs. VTEB - Drawdown Comparison
The maximum TFI drawdown since its inception was -15.49%, smaller than the maximum VTEB drawdown of -17.00%. Use the drawdown chart below to compare losses from any high point for TFI and VTEB. For additional features, visit the drawdowns tool.
Volatility
TFI vs. VTEB - Volatility Comparison
SPDR Nuveen Bloomberg Barclays Municipal Bond ETF (TFI) and Vanguard Tax-Exempt Bond ETF (VTEB) have volatilities of 0.96% and 1.00%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.