Correlation
The correlation between VTEB and VWAHX is 0.00, 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.
VTEB vs. VWAHX
Compare and contrast key facts about Vanguard Tax-Exempt Bond ETF (VTEB) and Vanguard High-Yield Tax-Exempt Fund Investor Shares (VWAHX).
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. VWAHX is managed by Vanguard. It was launched on Dec 27, 1978.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTEB or VWAHX.
Performance
VTEB vs. VWAHX - Performance Comparison
Loading data...
Key characteristics
VTEB:
0.22
VWAHX:
0.15
VTEB:
0.17
VWAHX:
0.13
VTEB:
1.02
VWAHX:
1.02
VTEB:
0.11
VWAHX:
0.07
VTEB:
0.32
VWAHX:
0.22
VTEB:
1.62%
VWAHX:
2.03%
VTEB:
4.76%
VWAHX:
6.25%
VTEB:
-17.00%
VWAHX:
-17.31%
VTEB:
-3.30%
VWAHX:
-4.33%
Returns By Period
In the year-to-date period, VTEB achieves a -1.73% return, which is significantly higher than VWAHX's -2.40% return.
VTEB
-1.73%
0.20%
-2.17%
1.14%
2.02%
0.50%
N/A
VWAHX
-2.40%
0.34%
-2.78%
1.02%
2.83%
1.69%
2.86%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VTEB vs. VWAHX - Expense Ratio Comparison
VTEB has a 0.05% expense ratio, which is lower than VWAHX's 0.17% expense ratio. Despite the difference, 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. VWAHX — Risk-Adjusted Performance Rank
VTEB
VWAHX
VTEB vs. VWAHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Tax-Exempt Bond ETF (VTEB) and Vanguard High-Yield Tax-Exempt Fund Investor Shares (VWAHX). 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.
Loading data...
Dividends
VTEB vs. VWAHX - Dividend Comparison
VTEB's dividend yield for the trailing twelve months is around 3.28%, less than VWAHX's 3.94% 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% |
VWAHX Vanguard High-Yield Tax-Exempt Fund Investor Shares | 3.94% | 3.75% | 3.53% | 3.37% | 3.48% | 3.32% | 3.68% | 3.79% | 3.69% | 3.75% | 3.69% | 3.78% |
Drawdowns
VTEB vs. VWAHX - Drawdown Comparison
The maximum VTEB drawdown since its inception was -17.00%, roughly equal to the maximum VWAHX drawdown of -17.31%. Use the drawdown chart below to compare losses from any high point for VTEB and VWAHX.
Loading data...
Volatility
VTEB vs. VWAHX - Volatility Comparison
Vanguard Tax-Exempt Bond ETF (VTEB) and Vanguard High-Yield Tax-Exempt Fund Investor Shares (VWAHX) have volatilities of 1.09% and 1.13%, 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 data...