VWLUX vs. VTEB
Compare and contrast key facts about Vanguard Long-Term Tax-Exempt Fund Admiral Shares (VWLUX) and Vanguard Tax-Exempt Bond ETF (VTEB).
VWLUX is managed by Vanguard. It was launched on Feb 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: VWLUX or VTEB.
Correlation
The correlation between VWLUX and VTEB 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.
Performance
VWLUX vs. VTEB - Performance Comparison
Key characteristics
VWLUX:
0.10
VTEB:
0.16
VWLUX:
0.17
VTEB:
0.23
VWLUX:
1.03
VTEB:
1.03
VWLUX:
0.09
VTEB:
0.16
VWLUX:
0.35
VTEB:
0.53
VWLUX:
1.74%
VTEB:
1.39%
VWLUX:
5.96%
VTEB:
4.72%
VWLUX:
-16.38%
VTEB:
-17.00%
VWLUX:
-4.92%
VTEB:
-3.49%
Returns By Period
In the year-to-date period, VWLUX achieves a -2.64% return, which is significantly lower than VTEB's -1.92% return.
VWLUX
-2.64%
-2.12%
-1.86%
0.70%
1.01%
2.18%
VTEB
-1.92%
-1.39%
-1.44%
0.86%
0.91%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VWLUX vs. VTEB - Expense Ratio Comparison
VWLUX has a 0.09% 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
VWLUX vs. VTEB — Risk-Adjusted Performance Rank
VWLUX
VTEB
VWLUX vs. VTEB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Tax-Exempt Fund Admiral Shares (VWLUX) 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
VWLUX vs. VTEB - Dividend Comparison
VWLUX's dividend yield for the trailing twelve months is around 3.66%, more than VTEB's 3.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VWLUX Vanguard Long-Term Tax-Exempt Fund Admiral Shares | 3.66% | 3.48% | 3.17% | 2.99% | 2.63% | 2.85% | 3.23% | 3.54% | 3.55% | 3.75% | 3.73% | 3.88% |
VTEB Vanguard Tax-Exempt Bond ETF | 3.26% | 3.14% | 2.79% | 2.09% | 1.65% | 1.99% | 2.30% | 2.25% | 1.96% | 1.66% | 0.58% | 0.00% |
Drawdowns
VWLUX vs. VTEB - Drawdown Comparison
The maximum VWLUX drawdown since its inception was -16.38%, roughly equal to the maximum VTEB drawdown of -17.00%. Use the drawdown chart below to compare losses from any high point for VWLUX and VTEB. For additional features, visit the drawdowns tool.
Volatility
VWLUX vs. VTEB - Volatility Comparison
Vanguard Long-Term Tax-Exempt Fund Admiral Shares (VWLUX) has a higher volatility of 4.63% compared to Vanguard Tax-Exempt Bond ETF (VTEB) at 3.08%. This indicates that VWLUX's price experiences larger fluctuations and is considered to be riskier than VTEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.