USTEX vs. VTEB
Compare and contrast key facts about USAA Tax Exempt Long Term Fund (USTEX) and Vanguard Tax-Exempt Bond ETF (VTEB).
USTEX is managed by Victory Capital. It was launched on Mar 18, 1982. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USTEX or VTEB.
Correlation
The correlation between USTEX and VTEB is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
USTEX vs. VTEB - Performance Comparison
Key characteristics
USTEX:
0.99
VTEB:
0.60
USTEX:
1.37
VTEB:
0.85
USTEX:
1.21
VTEB:
1.11
USTEX:
0.57
VTEB:
0.48
USTEX:
2.99
VTEB:
2.15
USTEX:
1.49%
VTEB:
1.04%
USTEX:
4.48%
VTEB:
3.73%
USTEX:
-17.92%
VTEB:
-17.00%
USTEX:
-2.97%
VTEB:
-1.16%
Returns By Period
In the year-to-date period, USTEX achieves a 0.49% return, which is significantly higher than VTEB's 0.44% return.
USTEX
0.49%
0.99%
0.52%
4.45%
0.67%
2.33%
VTEB
0.44%
0.66%
0.62%
2.31%
0.69%
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.
USTEX vs. VTEB - Expense Ratio Comparison
USTEX has a 0.46% expense ratio, which is higher than VTEB's 0.05% expense ratio.
Risk-Adjusted Performance
USTEX vs. VTEB — Risk-Adjusted Performance Rank
USTEX
VTEB
USTEX vs. VTEB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Tax Exempt Long Term Fund (USTEX) 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
USTEX vs. VTEB - Dividend Comparison
USTEX's dividend yield for the trailing twelve months is around 3.69%, more than VTEB's 3.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USTEX USAA Tax Exempt Long Term Fund | 3.69% | 3.68% | 3.65% | 3.46% | 2.74% | 3.15% | 3.42% | 3.79% | 3.89% | 4.14% | 4.24% | 4.18% |
VTEB Vanguard Tax-Exempt Bond ETF | 3.14% | 3.14% | 2.79% | 2.09% | 1.65% | 1.99% | 2.30% | 2.25% | 1.96% | 1.66% | 0.58% | 0.00% |
Drawdowns
USTEX vs. VTEB - Drawdown Comparison
The maximum USTEX drawdown since its inception was -17.92%, which is greater than VTEB's maximum drawdown of -17.00%. Use the drawdown chart below to compare losses from any high point for USTEX and VTEB. For additional features, visit the drawdowns tool.
Volatility
USTEX vs. VTEB - Volatility Comparison
USAA Tax Exempt Long Term Fund (USTEX) has a higher volatility of 1.32% compared to Vanguard Tax-Exempt Bond ETF (VTEB) at 1.07%. This indicates that USTEX's price experiences larger fluctuations and is considered to be riskier than VTEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.