VBILX vs. VTEB
Compare and contrast key facts about Vanguard Intermediate-Term Bond Index Fund Admiral Shares (VBILX) and Vanguard Tax-Exempt Bond ETF (VTEB).
VBILX is managed by Vanguard. It was launched on Nov 12, 2001. 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: VBILX or VTEB.
Key characteristics
| VBILX | VTEB | |
|---|---|---|
| YTD Return | 2.36% | 1.60% |
| 1Y Return | 9.28% | 7.56% |
| 3Y Return (Ann) | -2.54% | -0.17% |
| 5Y Return (Ann) | -0.06% | 1.30% |
| Sharpe Ratio | 1.39 | 1.80 |
| Sortino Ratio | 2.06 | 2.67 |
| Omega Ratio | 1.25 | 1.36 |
| Calmar Ratio | 0.48 | 0.88 |
| Martin Ratio | 4.82 | 7.97 |
| Ulcer Index | 1.74% | 0.90% |
| Daily Std Dev | 6.06% | 3.98% |
| Max Drawdown | -20.65% | -17.00% |
| Current Drawdown | -9.95% | -1.20% |
Correlation
The correlation between VBILX and VTEB is 0.66, 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
VBILX vs. VTEB - Performance Comparison
In the year-to-date period, VBILX achieves a 2.36% return, which is significantly higher than VTEB's 1.60% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VBILX vs. VTEB - Expense Ratio Comparison
VBILX has a 0.07% 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
VBILX vs. VTEB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Bond Index Fund Admiral Shares (VBILX) 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
VBILX vs. VTEB - Dividend Comparison
VBILX's dividend yield for the trailing twelve months is around 3.66%, more than VTEB's 3.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBILX Vanguard Intermediate-Term Bond Index Fund Admiral Shares | 3.66% | 3.09% | 2.36% | 1.93% | 2.23% | 2.74% | 2.87% | 2.65% | 2.66% | 2.74% | 2.84% | 3.08% |
VTEB Vanguard Tax-Exempt Bond ETF | 3.09% | 2.79% | 2.09% | 1.65% | 1.99% | 2.30% | 2.25% | 1.96% | 1.66% | 0.58% | 0.00% | 0.00% |
Drawdowns
VBILX vs. VTEB - Drawdown Comparison
The maximum VBILX drawdown since its inception was -20.65%, which is greater than VTEB's maximum drawdown of -17.00%. Use the drawdown chart below to compare losses from any high point for VBILX and VTEB. For additional features, visit the drawdowns tool.
Volatility
VBILX vs. VTEB - Volatility Comparison
The current volatility for Vanguard Intermediate-Term Bond Index Fund Admiral Shares (VBILX) is 1.66%, while Vanguard Tax-Exempt Bond ETF (VTEB) has a volatility of 1.96%. This indicates that VBILX experiences smaller price fluctuations and is considered to be less risky than VTEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.