Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VTEB vs XLRE: how they differ
VTEB and XLRE hold 0% of their weight in the same names, and XLRE returned more over the year.
Vanguard Tax-Exempt Bond Index Fund and State Street(R) Real Estate Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, VTEB and XLRE hold 0% of their money in the same securities at the same weight.
| Only in VTEB | Only in XLRE |
|---|---|
| University of California 0.12% | Welltower Inc 11.07% |
| Triborough Bridge & Tunnel Authority 0.12% | Prologis Inc 8.72% |
| Colorado State Education Loan Program 0.11% | Equinix Inc 7.10% |
| State of California 0.11% | American Tower Corp 5.26% |
| New York City Transitional Finance Autho 0.09% | Simon Property Group Inc 5.01% |
| Dallas Independent School District 0.09% | Realty Income Corp 4.57% |
| New York State Dormitory Authority 0.09% | Digital Realty Trust Inc 4.55% |
| Ohio Water Development Authority Water P 0.09% | Public Storage 4.51% |
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 Vanguard Tax-Exempt Bond Index Fund | XLRE State Street(R) Real Estate Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | State Street |
| What it is | Tax-Exempt Bond | Real estate |
| Total return, 1 year | +0.2% | +5.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −17.3 pts | −11.9 pts |
| Expense ratio | 0.03% | 0.08% |
| Holdings | 10185 | 31 |
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.
XLRE in plain words
XLRE is an index equity fund tracking the Real estate. Over the year to Sep 11, 2026 it returned +5.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 31 positions, with the top ten at 59.4%. It sat 5.6% below its high of Jul 28, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, VTEB or XLRE?
- In the year to Sep 12, 2026, with distributions reinvested, VTEB returned +0.2% and XLRE returned +5.6%, so XLRE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VTEB or XLRE?
- VTEB charges 0.03% a year and XLRE charges 0.08%, 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.
Cite this page. ETFIQ, VTEB against XLRE, data as of Sep 12, 2026. https://etfiq.com/compare/any/VTEB-XLRE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources