TAFI vs VTES
AB Tax-Aware Short Duration Municipal ETF against Vanguard Short-Term Tax-Exempt Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
3%
62 shared positions
Fee gap
22 bp
VTES is cheaper
1-year return gap
0.1 pts
VTES is ahead
Larger fund
VTES
$4.2B
Side by side
| TAFI | VTES | |
|---|---|---|
| Fund | AB Tax-Aware Short Duration Municipal ETF | Vanguard Short-Term Tax-Exempt Bond ETF |
| Issuer | AllianceBernstein | Vanguard |
| Category | Short Muni | Short Muni |
| Expense ratio | 0.27% | 0.05% |
| Assets | $1.5B | $4.2B |
| Average daily dollar volume | $24M | $68M |
| Listed | Sep 13, 2022 | Mar 8, 2023 |
| FrenzyCap score | 73 | 97 |
| 1-month return | +1.8% | +2.1% |
| 3-month return | −0.2% | +0.0% |
| Year to date | −0.7% | −0.8% |
| 1-year return | −0.7% | −0.6% |
| 30-day volatility | 2.6% | 2.9% |
| Worst drawdown, 1 year | −3.9% | −4.5% |
| Trailing 12-month yield | 3.12% | 2.66% |
| Holdings | 703 | 4,118 |
| Top 10 weight | 10.0% | 3.1% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$123M thru Aug 2026 | +$439M thru Aug 2026 |
| 30-day implied volatility | — | 16.4% |
| Holdings as of | as of Aug 31, 2026SEC filing | as of Nov 5, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
9% of TAFI · 3% of VTES| Holding | TAFI | VTES |
|---|---|---|
| State of Illinois 5%, due Nov 1, 2027 | 0.19% | 0.20% |
| Los Angeles Department of Water & Power 5%, due Jul 1, 2028 | 0.34% | 0.13% |
| City of Los Angeles CA 5%, due Jun 24, 2027 | 0.52% | 0.12% |
| Missouri Highway & Transportation Commission 5%, due May 1, 2027 | 0.18% | 0.12% |
| New Jersey Transportation Trust Fund Authority 5%, due Jun 15, 2028 | 0.15% | 0.11% |
| Oklahoma City Public Property Authority 5%, due Jun 1, 2029 | 0.15% | 0.10% |
| State of Maryland 5%, due Aug 1, 2028 | 0.10% | 0.12% |
| North Carolina Municipal Power Agency No 1, due Jan 1, 2030 | 0.19% | 0.09% |
| Triborough Bridge & Tunnel Authority 5%, due Nov 15, 2033 | 0.09% | 0.09% |
| City of New York NY 5%, due Aug 1, 2028 | 0.25% | 0.09% |
| City of New York NY 5%, due Aug 1, 2032 | 0.28% | 0.08% |
| Private Colleges & Universities Authority 5%, due Sep 1, 2033 | 0.16% | 0.08% |
| New Jersey Transportation Trust Fund Authority 5%, due Dec 15, 2027 | 0.08% | 0.21% |
| Dallas Independent School District 5%, due Feb 15, 2056 | 0.08% | 0.17% |
| School Board of Miami-Dade County/The 5%, due Feb 1, 2032 | 0.12% | 0.07% |
| Arizona Industrial Development Authority 5%, due Nov 1, 2031 | 0.08% | 0.06% |
| Aquarion Water Authority 5%, due Aug 1, 2032 | 0.08% | 0.06% |
| Commonwealth of Pennsylvania 5%, due Apr 1, 2027 | 0.37% | 0.06% |
| Commonwealth of Massachusetts 5.5%, due Aug 1, 2030 | 0.08% | 0.05% |
| New Jersey Transportation Trust Fund Authority 5%, due Jun 15, 2027 | 0.27% | 0.05% |
| Louisiana Local Government Environmental Facilities & Community Development Auth 5%, due Aug 15, 2029 | 0.05% | 0.07% |
| School District of Philadelphia/The 5%, due Jun 30, 2027 | 0.37% | 0.05% |
| Commonwealth of Pennsylvania 5%, due Aug 15, 2027 | 0.15% | 0.05% |
| New Jersey Transportation Trust Fund Authority 5%, due Jun 15, 2030 | 0.39% | 0.04% |
| Los Angeles Department of Water & Power Water System Revenue 5%, due Jul 1, 2033 | 0.32% | 0.04% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · TAFI holdings · VTES holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.