TAXE vs VTEB
Intermediate Municipal Income ETF against Vanguard Tax-Exempt Bond Index Fund: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
1%
47 shared positions
Fee gap
21 bp
VTEB is cheaper
1-year return gap
1.3 pts
TAXE is ahead
Larger fund
VTEB
$50.4B
Side by side
| TAXE | VTEB | |
|---|---|---|
| Fund | Intermediate Municipal Income ETF | Vanguard Tax-Exempt Bond Index Fund |
| Issuer | Intermediate | Vanguard |
| Category | National Muni | National Muni |
| Expense ratio | 0.24% | 0.03% |
| Assets | $190M | $50.4B |
| Average daily dollar volume | $9.6M | $1.6B |
| Listed | Jul 9, 2024 | Aug 21, 2015 |
| FrenzyCap score | 64 | 100 |
| 1-month return | −0.0% | −0.4% |
| 3-month return | −2.2% | −3.0% |
| Year to date | −3.5% | −4.5% |
| 1-year return | −3.8% | −5.0% |
| 30-day volatility | 5.7% | 6.5% |
| Worst drawdown, 1 year | −7.5% | −8.2% |
| Trailing 12-month yield | 3.80% | 3.54% |
| Holdings | 579 | 11,156 |
| Top 10 weight | 9.0% | 1.2% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$36M thru Jul 2026 | +$3.6B thru Jul 2026 |
| 30-day implied volatility | — | 6.2% |
| Holdings as of | as of Jul 31, 2026SEC filing | as of Sep 30, 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
11% of TAXE · 1% of VTEB| Holding | TAXE | VTEB |
|---|---|---|
| DENTON TX ISD 5%, due Aug 15, 2048 | 0.24% | 0.07% |
| IL TOLL HWY AUTH-A 5%, due Jan 1, 2040 | 0.13% | 0.06% |
| WASHINGTON DC MET ARE 5%, due Jul 15, 2048 | 0.27% | 0.04% |
| COLORADO ST COPS 6%, due Dec 15, 2039 | 0.16% | 0.03% |
| WASHINGTON ST BID GRP 2 SER A, due Aug 1, 2042 | 0.29% | 0.03% |
| UNIV OF CA REGENTS-CH 5.5%, due May 15, 2043 | 0.03% | 0.02% |
| AQUARION WTR AUTH-B 5.25%, due Feb 1, 2033 | 0.07% | 0.02% |
| NYC NY TRNS FIN AUTH REV SUB SER H-1, due Nov 1, 2045 | 0.03% | 0.02% |
| TX ST TRANS COMM TRNPKE RV 1ST TIER SR A, due Aug 15, 2037 | 0.21% | 0.02% |
| IL ST TOLL HWY AUTH SER B 5%, due Jan 1, 2041 | 0.37% | 0.02% |
| AZ ST IDA EQUITABLE SCH REVOL FUND SER A 4%, due Nov 1, 2027 | 0.10% | 0.02% |
| UNIV TX SYS BRD-A 5%, due Aug 15, 2043 | 0.04% | 0.02% |
| LONG ISLAND PWR-C 3.4%, due Sep 1, 2051 | 0.06% | 0.02% |
| IL FIN AUTH-A 5%, due Jul 1, 2040 | 0.43% | 0.02% |
| ENERGY NW-A-REF 5%, due Jul 1, 2039 | 0.28% | 0.02% |
| GREAT LAKES AUTH-B 5%, due Jul 1, 2044 | 0.39% | 0.02% |
| WASHINGTON ST BID GRP 1 SER 2024A, due Aug 1, 2039 | 0.26% | 0.01% |
| IL ST TOLL HWY AUTH 5%, due Jan 1, 2040 | 0.28% | 0.01% |
| COLORADO ST COPS 6%, due Dec 15, 2041 | 0.72% | 0.01% |
| CONNECTICUT ST SUST BONDS SER G 5%, due Nov 15, 2039 | 0.24% | 0.01% |
| ILLINOIS ST SER A 5%, due Oct 1, 2030 | 0.12% | 0.01% |
| DC ARPT DULLES TOLL RD SER A 5%, due Oct 1, 2044 | 0.13% | 0.01% |
| NYC TRANSITIONAL FIN 5.25%, due Feb 1, 2047 | 0.55% | 0.01% |
| TX ST TRANS COMM TRNPKE REV SR A 5%, due Aug 15, 2038 | 0.28% | 0.01% |
| NYC NY TRNS FIN AUTH REV SUB SER D 5.25%, due May 1, 2045 | 0.60% | 0.01% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · TAXE holdings · VTEB 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.