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

In the year to Sep 12, 2026, with distributions reinvested, VBIL returned +3.8% and VTEB returned +0.2%, so VBIL returned more. One year is one year; the longer windows are in the table.

Which is cheaper, VBIL or VTEB?

VBIL charges 0.06% 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

VBIL vs VTEB: how they differ

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

Vanguard 0-3 Month Treasury Bill ETF and Vanguard Tax-Exempt Bond Index Fund.

What they hold in common

By the books each fund has filed, VBIL 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 VBIL	Only in VTEB
United States Treasury Bill 6.78%	University of California 0.12%
United States Treasury Bill 6.10%	Triborough Bridge & Tunnel Authority 0.12%
United States Treasury Bill 5.61%	Colorado State Education Loan Program 0.11%
United States Treasury Bill 5.41%	State of California 0.11%
United States Treasury Bill 5.18%	New York City Transitional Finance Autho 0.09%
United States Treasury Bill 5.17%	Dallas Independent School District 0.09%
United States Treasury Bill 5.15%	New York State Dormitory Authority 0.09%
United States Treasury Bill 5.13%	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.

VBIL and VTEB on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	VBIL Vanguard 0-3 Month Treasury Bill ETF	VTEB Vanguard Tax-Exempt Bond Index Fund
Where it sits	Core index fund	Core index fund
Issuer	Vanguard	Vanguard
What it is	0-3 Month Treasury Bill	Tax-Exempt Bond
Total return, 1 year	+3.8%	+0.2%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−13.7 pts	−17.3 pts
Expense ratio	0.06%	0.03%
Holdings	26	10185

VBIL in plain words

VBIL is a cash and treasury bills tracking the 0-3 Month Treasury Bill. Over the year to Sep 11, 2026 it returned +3.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.06% a year.

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, VBIL or VTEB?: In the year to Sep 12, 2026, with distributions reinvested, VBIL returned +3.8% and VTEB returned +0.2%, so VBIL returned more. One year is one year; the longer windows are in the table.
Which is cheaper, VBIL or VTEB?: VBIL charges 0.06% 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.

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

A comparison is not a recommendation. Standards and sources