Which returned more over the last year, PFF or VTEB?

In the year to Sep 12, 2026, with distributions reinvested, PFF returned −0.8% and VTEB returned +0.2%, so VTEB returned more. One year is one year; the longer windows are in the table.

Which is cheaper, PFF or VTEB?

PFF charges 0.45% a year and VTEB charges 0.03%, so VTEB is cheaper. Fees come from each fund's prospectus.

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

ETFIQetfiq.com · independent ETF data

PFF vs VTEB: how they differ

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

iShares Preferred and Income Securities ETF and Vanguard Tax-Exempt Bond Index Fund.

What they hold in common

By the books each fund has filed, PFF 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 PFF	Only in VTEB
BOEING COMPANY (THE) 3.99%	University of California 0.12%
STRATEGY INC 2.99%	Triborough Bridge & Tunnel Authority 0.12%
WELLS FARGO & COMPANY 2.37%	Colorado State Education Loan Program 0.11%
ORACLE CORP 2.31%	State of California 0.11%
HEWLETT PACKARD ENTERPRISE COMPANY 1.79%	New York City Transitional Finance Autho 0.09%
BANK OF AMERICA CORP 1.47%	Dallas Independent School District 0.09%
CITIGROUP CAPITAL XIII 1.33%	New York State Dormitory Authority 0.09%
ALBEMARLE CORP 1.31%	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.

PFF and VTEB on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	PFF iShares Preferred and Income Securities ETF	VTEB Vanguard Tax-Exempt Bond Index Fund
Where it sits	Core index fund	Core index fund
Issuer	iShares	Vanguard
What it is	Preferred and Income Securities	Tax-Exempt Bond
Total return, 1 year	−0.8%	+0.2%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−18.3 pts	−17.3 pts
Expense ratio	0.45%	0.03%
Holdings	455	10185

PFF in plain words

PFF is an index equity fund tracking the Preferred and Income Securities. Over the year to Sep 11, 2026 it returned −0.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.45% a year. By its holdings filed for Jun 30, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 455 positions, with the top ten at 19.9%. It sat 3.2% below its high of May 8, 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, PFF or VTEB?: In the year to Sep 12, 2026, with distributions reinvested, PFF returned −0.8% and VTEB returned +0.2%, so VTEB returned more. One year is one year; the longer windows are in the table.
Which is cheaper, PFF or VTEB?: PFF charges 0.45% 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.

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

A comparison is not a recommendation. Standards and sources