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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

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.

Largest positions each one holds and the other does not
Only in GARPOnly 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 and VTEB on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
GARP
iShares MSCI USA Quality GARP ETF
VTEB
Vanguard Tax-Exempt Bond Index Fund
Where it sitsCore index fundCore index fund
IssueriSharesVanguard
What it isMSCI USA Quality GARPTax-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 ratio0.15%0.03%
Holdings13110185

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.

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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.

GARP against VTEB, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

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