NYSE Arca · Muni National Interm · USD · ETF

Vanguard Tax-Exempt Bond Index Fund ETF Shares (VTEB) ETF Analysis

VTEB

Expense ratio 0.03% Yield 3.6% Assets $51.71B Since August 25, 2015 Family Vanguard

Last Updated: October 21, 2026

$48.01

+$0.04 (+0.08%)

October 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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VTEB Annualized Returns

With dividends reinvested · as of October 21, 2026

Period	Total return	Annualized	$100 becomes	$300 becomes
1 year	−1.76%	−1.76%	$98.24	$294.72
3 years	+11.62%	+3.73%	$111.62	$334.85
5 years	+1.67%	+0.33%	$101.67	$305.02
10 years	+18.47%	+1.71%	$118.47	$355.41

Returns are total returns computed from daily closes, with dividends reinvested. As of October 21, 2026.

VTEB Return by Calendar Year

2016 and 2026 are partial years

+7.34%−7.99%−2.06%

2016*2017201820192020202120222023202420252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	−2.06%
2025	+3.72%
2024	+1.31%
2023	+6.15%
2022	−7.99%
2021	+1.14%
2020	+5.19%
2019	+7.34%
2018	+1.05%
2017	+4.69%
2016 (partial year)	−3.72%

VTEB Monthly Returns

−4%+6%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	+0.5	+1.4	−2.2	+1.1	+0.4	+0.7	−1.7	−0.2	−3.7	+1.7	—	—
2025	+0.0	+1.3	−1.8	−0.6	−0.5	+0.8	−0.4	+1.0	+2.5	+1.2	+0.3	+0.1
2024	−0.2	−0.2	+0.0	−1.3	+0.0	+1.1	+1.2	+0.4	+1.2	−1.2	+1.7	−1.3
2023	+2.7	−2.3	+2.5	−0.3	−0.6	+0.7	+0.1	−1.1	−2.6	−1.2	+5.7	+2.6
2022	−2.6	−0.4	−3.0	−2.7	+1.6	−1.6	+2.5	−2.5	−3.0	−1.1	+5.1	−0.3
2021	+0.3	−1.6	+0.5	+0.9	+0.4	+0.4	+0.5	−0.4	−0.7	−0.0	+0.8	+0.0
2020	+1.8	+1.0	−3.5	−1.1	+3.3	+0.7	+1.6	−0.7	+0.1	−0.4	+1.6	+0.8
2019	+0.5	+0.6	+1.5	+0.5	+1.5	+0.4	+0.9	+1.5	−0.8	+0.1	+0.2	+0.3
2018	−1.1	−0.6	+0.4	−0.4	+1.2	+0.1	+0.3	+0.1	−0.8	−0.5	+1.0	+1.4
2017	+0.2	+0.6	+0.2	+0.5	+1.6	−0.2	+0.8	+0.8	−0.5	+0.1	−0.3	+0.7

Monthly total returns with dividends reinvested; each cell prints its signed value.

VTEB Volatility & Risk

Volatility: 10 yrs · Beta: 3 yrs

Annualized volatility: 5.30%
Beta (3y): 0.95
Best year: +7.34%
Worst year: −7.99%

Volatility is the annualized standard deviation of daily returns. As of October 21, 2026.

Analysis

Data-derived

Fund Overview

Vanguard Tax-Exempt Bond Index Fund ETF Shares (VTEB) is an exchange-traded fund in the Muni National Interm category. The fund holds $51.71B in total net assets. Annual costs run at an expense ratio of 0.03%. On a $10,000 position that is $3.00 a year. The fund is issued by Vanguard. It has been trading since August 25, 2015.

Performance Analysis

The most recent close on file for VTEB is $48.01, dated October 21, 2026. Over the trailing twelve months the total return is −1.76%. Across 10 years the annualized return works out at +1.71%. The trailing distribution yield is 3.6%.

2026 is still running; the total return is −2.06% year to date. The strongest complete calendar year on file is 2019 at +7.34%; the weakest is 2022 at −7.99%. Of the 9 complete calendar years on file, 8 finished higher.

Price & Risk Profile

The 52-week range on file runs from $46.87 to $51.18. The latest close sits 2.43% above that 52-week low. Daily returns over the trailing 10 years annualize to a volatility of 5.3%. The reported beta is 0.95. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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