VMATX vs. VTABX
Compare and contrast key facts about Vanguard Massachusetts Tax-Exempt Fund (VMATX) and Vanguard Total International Bond Index Fund Admiral Shares (VTABX).
VMATX is managed by Vanguard. It was launched on Dec 9, 1998. VTABX is managed by Vanguard. It was launched on May 31, 2013.
Performance
VMATX vs. VTABX - Performance Comparison
Loading graphics...
VMATX vs. VTABX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VMATX Vanguard Massachusetts Tax-Exempt Fund | -0.50% | 4.96% | 2.53% | 7.19% | -10.79% | 1.65% | 6.47% | 8.93% | 0.47% | 6.02% |
VTABX Vanguard Total International Bond Index Fund Admiral Shares | -0.45% | 2.96% | 3.92% | 8.77% | -12.92% | -2.22% | 4.54% | 8.83% | 2.97% | 2.39% |
Returns By Period
In the year-to-date period, VMATX achieves a -0.50% return, which is significantly lower than VTABX's -0.45% return. Over the past 10 years, VMATX has outperformed VTABX with an annualized return of 2.36%, while VTABX has yielded a comparatively lower 1.79% annualized return.
VMATX
- 1D
- 0.40%
- 1M
- -2.43%
- YTD
- -0.50%
- 6M
- 1.21%
- 1Y
- 4.36%
- 3Y*
- 3.67%
- 5Y*
- 0.98%
- 10Y*
- 2.36%
VTABX
- 1D
- 0.37%
- 1M
- -1.99%
- YTD
- -0.45%
- 6M
- 0.01%
- 1Y
- 2.44%
- 3Y*
- 3.81%
- 5Y*
- 0.15%
- 10Y*
- 1.79%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VMATX vs. VTABX - Expense Ratio Comparison
VMATX has a 0.13% expense ratio, which is higher than VTABX's 0.11% 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%.
Return for Risk
VMATX vs. VTABX — Risk / Return Rank
VMATX
VTABX
VMATX vs. VTABX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Massachusetts Tax-Exempt Fund (VMATX) and Vanguard Total International Bond Index Fund Admiral Shares (VTABX). 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.
| VMATX | VTABX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.86 | 0.89 | -0.03 |
Sortino ratioReturn per unit of downside risk | 1.17 | 1.23 | -0.06 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.16 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.07 | 0.94 | +0.13 |
Martin ratioReturn relative to average drawdown | 3.52 | 3.89 | -0.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VMATX | VTABX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 0.89 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 0.03 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.50 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.99 | 0.73 | +0.26 |
Correlation
The correlation between VMATX and VTABX is 0.51, 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.
Dividends
VMATX vs. VTABX - Dividend Comparison
VMATX's dividend yield for the trailing twelve months is around 3.64%, less than VTABX's 4.21% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMATX Vanguard Massachusetts Tax-Exempt Fund | 3.64% | 4.46% | 3.98% | 3.06% | 2.69% | 2.26% | 3.22% | 3.63% | 3.07% | 2.91% | 3.55% | 3.22% |
VTABX Vanguard Total International Bond Index Fund Admiral Shares | 4.21% | 4.36% | 4.33% | 4.39% | 1.48% | 3.70% | 1.08% | 4.28% | 3.00% | 2.23% | 1.80% | 1.64% |
Drawdowns
VMATX vs. VTABX - Drawdown Comparison
The maximum VMATX drawdown since its inception was -15.91%, roughly equal to the maximum VTABX drawdown of -16.16%. Use the drawdown chart below to compare losses from any high point for VMATX and VTABX.
Loading graphics...
Drawdown Indicators
| VMATX | VTABX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.91% | -16.16% | +0.25% |
Max Drawdown (1Y)Largest decline over 1 year | -5.36% | -2.90% | -2.46% |
Max Drawdown (5Y)Largest decline over 5 years | -15.91% | -15.81% | -0.10% |
Max Drawdown (10Y)Largest decline over 10 years | -15.91% | -16.16% | +0.25% |
Current DrawdownCurrent decline from peak | -2.72% | -2.29% | -0.43% |
Average DrawdownAverage peak-to-trough decline | -2.10% | -3.06% | +0.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 0.70% | +0.93% |
Volatility
VMATX vs. VTABX - Volatility Comparison
Vanguard Massachusetts Tax-Exempt Fund (VMATX) and Vanguard Total International Bond Index Fund Admiral Shares (VTABX) have volatilities of 1.39% and 1.46%, 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.
Loading graphics...
Volatility by Period
| VMATX | VTABX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.39% | 1.46% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 2.03% | 2.03% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.66% | 3.06% | +2.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.62% | 4.39% | +0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.63% | 3.58% | +1.05% |