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

In the year to Sep 12, 2026, with distributions reinvested, VTEB returned +0.2% and VUSB returned +3.7%, so VUSB returned more. One year is one year; the longer windows are in the table.

Which is cheaper, VTEB or VUSB?

VTEB charges 0.03% a year and VUSB charges 0.10%, 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

VTEB vs VUSB: how they differ

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

Vanguard Tax-Exempt Bond Index Fund and Vanguard Ultra-Short Bond ETF.

What they hold in common

By the books each fund has filed, VTEB and VUSB 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 VTEB	Only in VUSB
University of California 0.12%	United States Treasury Bill 4.24%
Triborough Bridge & Tunnel Authority 0.12%	United States Treasury Note/Bond 0.68%
Colorado State Education Loan Program 0.11%	PNC Financial Services Group Inc/The 0.59%
State of California 0.11%	United States Treasury Note/Bond 0.53%
New York City Transitional Finance Autho 0.09%	Regions Bank/Birmingham AL 0.52%
Dallas Independent School District 0.09%	US Bancorp 0.51%
New York State Dormitory Authority 0.09%	Charles Schwab Corp/The 0.50%
Ohio Water Development Authority Water P 0.09%	Truist Bank 0.45%

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.

VTEB and VUSB on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	VTEB Vanguard Tax-Exempt Bond Index Fund	VUSB Vanguard Ultra-Short Bond ETF
Where it sits	Core index fund	Core index fund
Issuer	Vanguard	Vanguard
What it is	Tax-Exempt Bond	Ultra-Short Bond
Total return, 1 year	+0.2%	+3.7%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−17.3 pts	−13.8 pts
Expense ratio	0.03%	0.10%
Holdings	10185	1281

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.

VUSB in plain words

VUSB is a cash and treasury bills tracking the Ultra-Short Bond. Over the year to Sep 11, 2026 it returned +3.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.10% a year.

Questions people ask

Which returned more over the last year, VTEB or VUSB?: In the year to Sep 12, 2026, with distributions reinvested, VTEB returned +0.2% and VUSB returned +3.7%, so VUSB returned more. One year is one year; the longer windows are in the table.
Which is cheaper, VTEB or VUSB?: VTEB charges 0.03% a year and VUSB charges 0.10%, 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.

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

A comparison is not a recommendation. Standards and sources