VTEL vs. MYMG
VTEL (Vanguard Long-Term Tax-Exempt Bond ETF) and MYMG (State Street My2027 Municipal Bond ETF) are both Municipal Bonds funds. VTEL is passively managed, while MYMG is actively managed. Over the past year, VTEL returned 6.83% vs 2.95% for MYMG. Their 0.61 correlation means they have sometimes moved together and sometimes differently. VTEL charges 0.09%/yr vs 0.20%/yr for MYMG.
Performance
VTEL vs. MYMG - Performance Comparison
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Returns By Period
In the year-to-date period, VTEL achieves a 0.86% return, which is significantly lower than MYMG's 1.27% return.
VTEL
- 1D
- 0.12%
- 1M
- -2.07%
- 6M
- 0.15%
- YTD
- 0.86%
- 1Y
- 6.83%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 6.21%
MYMG
- 1D
- 0.10%
- 1M
- 0.08%
- 6M
- 0.75%
- YTD
- 1.27%
- 1Y
- 2.95%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 1.96%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $19.26K | $10.06K | $13.33K | |
| $4.69M | $4.85M | $3.61M |
VTEL vs. MYMG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VTEL Vanguard Long-Term Tax-Exempt Bond ETF | 0.86% | 6.61% |
MYMG State Street My2027 Municipal Bond ETF | 1.27% | 2.99% |
Correlation
The correlation between VTEL and MYMG is 0.58, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.58 |
Correlation (All Time) Calculated using the full available price history since May 22, 2025 | 0.61 |
The correlation between VTEL and MYMG has been stable across timeframes, ranging from 0.58 to 0.61 - a consistent structural relationship.
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Return for Risk
VTEL vs. MYMG — Risk / Return Rank
VTEL
MYMG
VTEL vs. MYMG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Tax-Exempt Bond ETF (VTEL) and State Street My2027 Municipal Bond ETF (MYMG). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VTEL | MYMG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.71 | ||
| Sortino ratioReturn per unit of downside risk | -2.60 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.98 | -0.61 |
| Calmar ratioReturn relative to maximum drawdown | 2.13 | 8.29 | -6.16 |
| Martin ratioReturn relative to average drawdown | 6.97 | 23.31 | -16.34 |
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Drawdowns
VTEL vs. MYMG - Drawdown Comparison
The maximum VTEL drawdown since its inception was -3.22%, which is greater than MYMG's maximum drawdown of -2.31%. Use the drawdown chart below to compare losses from any high point for VTEL and MYMG.
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Drawdown Indicators
| VTEL | MYMG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.22% | -2.31% | -0.91% |
Max Drawdown (1Y)Largest decline over 1 year | -3.22% | -0.36% | -2.86% |
Current DrawdownCurrent decline from peak | -2.07% | -0.15% | -1.92% |
Average DrawdownAverage peak-to-trough decline | -0.63% | -0.31% | -0.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | 0.13% | +0.85% |
Volatility
VTEL vs. MYMG - Volatility Comparison
Vanguard Long-Term Tax-Exempt Bond ETF (VTEL) has a higher volatility of 1.23% compared to State Street My2027 Municipal Bond ETF (MYMG) at 0.31%. This indicates that VTEL's price experiences larger fluctuations and is considered to be riskier than MYMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VTEL | MYMG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.23% | 0.31% | +0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 2.92% | 0.71% | +2.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.67% | 0.83% | +2.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.76% | 1.97% | +1.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.76% | 1.97% | +1.79% |
VTEL vs. MYMG - Expense Ratio Comparison
VTEL has a 0.09% expense ratio, which is lower than MYMG's 0.20% 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%.
Dividends
VTEL vs. MYMG - Dividend Comparison
VTEL's dividend yield for the trailing twelve months is around 3.81%, more than MYMG's 2.84% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
MYMG State Street My2027 Municipal Bond ETF | 2.84% | 3.03% | 0.89% |
VTEL Vanguard Long-Term Tax-Exempt Bond ETF | 3.81% | 2.23% | 0.00% |
Frequently Asked Questions
VTEL and MYMG have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VTEL has higher volatility (1.23%) compared to MYMG (0.31%). In terms of maximum drawdown, VTEL dropped -3.22% vs MYMG's -2.31%.
On 1-year performance, VTEL leads with 6.83% vs 2.95% for MYMG. On fees, VTEL is cheaper at 0.09% per year. On volatility, MYMG has been the lower-risk option at 0.31%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, VTEL has performed better with a 6.83% return vs 2.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VTEL is cheaper with a 0.09% expense ratio, compared with 0.20% for MYMG.
VTEL has the higher dividend yield at 3.81%, compared with 2.84% for MYMG.
They also come from different issuers: Vanguard and State Street. Their fees differ too: 0.09% for VTEL and 0.20% for MYMG.
MYMG currently has the higher Sharpe Ratio (3.58 vs 1.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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