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

In the year to Sep 12, 2026, with distributions reinvested, VHT returned +21.6% and VTEB returned +0.2%, so VHT returned more. One year is one year; the longer windows are in the table.

Which is cheaper, VHT or VTEB?

VHT charges 0.09% 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

VHT vs VTEB: how they differ

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

Vanguard Health Care Index Fund and Vanguard Tax-Exempt Bond Index Fund.

What they hold in common

By the books each fund has filed, VHT 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 VHT	Only in VTEB
Eli Lilly & Co 14.07%	University of California 0.12%
Johnson & Johnson 8.48%	Triborough Bridge & Tunnel Authority 0.12%
AbbVie Inc 6.10%	Colorado State Education Loan Program 0.11%
UnitedHealth Group Inc 5.46%	State of California 0.11%
Merck & Co Inc 4.67%	New York City Transitional Finance Autho 0.09%
Thermo Fisher Scientific Inc 2.93%	Dallas Independent School District 0.09%
Amgen Inc 2.87%	New York State Dormitory Authority 0.09%
Gilead Sciences Inc 2.64%	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 May 31, 2026.

VHT and VTEB on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	VHT Vanguard Health Care Index Fund	VTEB Vanguard Tax-Exempt Bond Index Fund
Where it sits	Core index fund	Core index fund
Issuer	Vanguard	Vanguard
What it is	Health Care	Tax-Exempt Bond
Total return, 1 year	+21.6%	+0.2%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	+4.1 pts	−17.3 pts
Expense ratio	0.09%	0.03%
Holdings	401	10185

VHT in plain words

VHT is an index equity fund tracking the Health Care. Over the year to Sep 11, 2026 it returned +21.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for May 31, 2026, 86% of the fund by weight is stocks the S&P 500 also holds, across 401 positions, with the top ten at 52.0%. It sat 5.7% below its high of Aug 19, 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, VHT or VTEB?: In the year to Sep 12, 2026, with distributions reinvested, VHT returned +21.6% and VTEB returned +0.2%, so VHT returned more. One year is one year; the longer windows are in the table.
Which is cheaper, VHT or VTEB?: VHT charges 0.09% 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.

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

A comparison is not a recommendation. Standards and sources