Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GARP vs VTEB: how they differ
GARP and VTEB hold 0% of their weight in the same names, and GARP returned more over the year.
iShares MSCI USA Quality GARP ETF and Vanguard Tax-Exempt Bond Index Fund.
What they hold in common
By the books each fund has filed, GARP and VTEB hold 0% of their money in the same securities at the same weight.
| Only in GARP | Only in VTEB |
|---|---|
| KLA CORP 6.46% | University of California 0.12% |
| MICRON TECHNOLOGY INC 6.07% | Triborough Bridge & Tunnel Authority 0.12% |
| APPLE INC 4.44% | Colorado State Education Loan Program 0.11% |
| NVIDIA CORP 4.16% | State of California 0.11% |
| MICROSOFT CORP 4.10% | New York City Transitional Finance Autho 0.09% |
| BROADCOM INC 3.96% | Dallas Independent School District 0.09% |
| LAM RESEARCH CORP 3.79% | New York State Dormitory Authority 0.09% |
| ELI LILLY & COMPANY 3.73% | Ohio Water Development Authority Water P 0.09% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.
| GARP iShares MSCI USA Quality GARP ETF | VTEB Vanguard Tax-Exempt Bond Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | MSCI USA Quality GARP | Tax-Exempt Bond |
| Total return, 1 year | +29.5% | +0.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +12.0 pts | −17.3 pts |
| Expense ratio | 0.15% | 0.03% |
| Holdings | 131 | 10185 |
GARP in plain words
GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.8%.
VTEB in plain words
VTEB is a bond fund tracking the Tax-Exempt Bond. Over the year to Sep 11, 2026 it returned +0.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. It sat 3.6% below its high of Jul 6, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, GARP or VTEB?
- In the year to Sep 12, 2026, with distributions reinvested, GARP returned +29.5% and VTEB returned +0.2%, so GARP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GARP or VTEB?
- GARP charges 0.15% a year and VTEB charges 0.03%, so VTEB is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where to next
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, GARP against VTEB, data as of Sep 12, 2026. https://etfiq.com/compare/any/GARP-VTEB Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources