VTEB vs. VOO
Compare and contrast key facts about Vanguard Tax-Exempt Bond ETF (VTEB) and Vanguard S&P 500 ETF (VOO).
VTEB and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both VTEB and VOO 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: VTEB or VOO.
Correlation
The correlation between VTEB and VOO is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
VTEB vs. VOO - Performance Comparison
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Key characteristics
VTEB:
0.15
VOO:
0.60
VTEB:
0.16
VOO:
0.96
VTEB:
1.02
VOO:
1.14
VTEB:
0.10
VOO:
0.62
VTEB:
0.29
VOO:
2.35
VTEB:
1.61%
VOO:
4.90%
VTEB:
4.77%
VOO:
19.45%
VTEB:
-17.00%
VOO:
-33.99%
VTEB:
-3.36%
VOO:
-4.58%
Returns By Period
In the year-to-date period, VTEB achieves a -1.79% return, which is significantly lower than VOO's -0.17% return.
VTEB
-1.79%
0.82%
-2.11%
0.73%
2.22%
0.48%
N/A
VOO
-0.17%
10.68%
-1.11%
11.53%
15.43%
16.33%
12.60%
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VTEB vs. VOO - Expense Ratio Comparison
VTEB has a 0.05% expense ratio, which is higher than VOO's 0.03% 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
VTEB vs. VOO — Risk-Adjusted Performance Rank
VTEB
VOO
VTEB vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Tax-Exempt Bond ETF (VTEB) and Vanguard S&P 500 ETF (VOO). 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
VTEB vs. VOO - Dividend Comparison
VTEB's dividend yield for the trailing twelve months is around 3.28%, more than VOO's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTEB Vanguard Tax-Exempt Bond ETF | 3.28% | 3.14% | 2.79% | 2.09% | 1.65% | 1.99% | 2.30% | 2.25% | 1.96% | 1.66% | 0.58% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.30% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
VTEB vs. VOO - Drawdown Comparison
The maximum VTEB drawdown since its inception was -17.00%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VTEB and VOO. For additional features, visit the drawdowns tool.
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Volatility
VTEB vs. VOO - Volatility Comparison
The current volatility for Vanguard Tax-Exempt Bond ETF (VTEB) is 1.14%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.67%. This indicates that VTEB experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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