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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

IWM vs VTEB: how they differ

IWM and VTEB hold 0% of their weight in the same names, and IWM returned more over the year.

iShares Russell 2000 ETF and Vanguard Tax-Exempt Bond Index Fund.

What they hold in common

By the books each fund has filed, IWM 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 IWMOnly in VTEB
Moog, Inc. 0.38%University of California 0.12%
Hut 8 Corp. 0.37%Triborough Bridge & Tunnel Authority 0.12%
Viasat, Inc. 0.35%Colorado State Education Loan Program 0.11%
BrightSpring Health Services, Inc. 0.35%State of California 0.11%
Cytokinetics, Inc. 0.35%New York City Transitional Finance Autho 0.09%
MaxLinear, Inc. 0.34%Dallas Independent School District 0.09%
Argan, Inc. 0.34%New York State Dormitory Authority 0.09%
UMB Financial Corp. 0.33%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.

IWM and VTEB on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
IWM
iShares Russell 2000 ETF
VTEB
Vanguard Tax-Exempt Bond Index Fund
Where it sitsCore index fundCore index fund
IssueriSharesVanguard
What it isRussell 2000Tax-Exempt Bond
Total return, 1 year+21.2%+0.2%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+3.7 pts−17.3 pts
Expense ratio0.19%0.03%
Holdings201410185

IWM in plain words

IWM is an index equity fund tracking the Russell 2000. Over the year to Sep 11, 2026 it returned +21.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.19% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2014 positions, with the top ten at 3.4%. It sat 5.3% below its high of Aug 14, 2026 on Sep 11, 2026.

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, IWM or VTEB?
In the year to Sep 12, 2026, with distributions reinvested, IWM returned +21.2% and VTEB returned +0.2%, so IWM returned more. One year is one year; the longer windows are in the table.
Which is cheaper, IWM or VTEB?
IWM charges 0.19% 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.

IWM 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, IWM against VTEB, data as of Sep 12, 2026. https://etfiq.com/compare/any/IWM-VTEB Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources