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

In the year to Oct 28, 2026, with distributions reinvested, AGG returned −1.4% and VTEB −0.4%.

Which is cheaper, AGG or VTEB?

Neither: AGG and VTEB both charge 0.03% a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

AGG vs VTEB: Differences, Returns & Fees

Share on X Download as PDF

AGG's duration was 5.8 years on Aug 31, 2026 and VTEB's 7.1 on Jul 31, 2026; both charge 0.03%.

askIQ about this page

askIQ about AGG and VTEB

Net assets: $139.4bn on Oct 27, 2026 for iShares Core U.S. Aggregate Bond ETF, and $49.6bn on Sep 30, 2026 for Vanguard Tax-Exempt Bond ETF.

AGG on its own →VTEB on its own →

At a glance

−1.4%

AGG total return, 1 year

−0.4%

VTEB total return, 1 year

0.03%

AGG expense ratio

0.03%

VTEB expense ratio

Pair scorecard

Both cost 0.03% a year; their one-year returns differ by 1.0 point; AGG is 2.7 times larger.

Points (pts) are percentage points.

AGG vs VTEB: Differences, Returns & Fees
Measure	AGG	VTEB
Return
Measure	AGG	VTEB
Total return, 1 year	−1.4%	−0.4%
Drawdown
Measure	AGG	VTEB
Below its high	3.4%, high on Aug 4, 2020
Benchmark
Measure	AGG	VTEB
What it tracks	Bloomberg U.S. Aggregate Bond Index	S&P National AMT-Free Municipal Bond Index
Cost and size
Measure	AGG	VTEB
Expense ratio	0.03%	0.03%
Net assets, as of Sep 30, 2026	$135.7bn	$49.6bn
Holdings
Measure	AGG	VTEB
Holdings in common	0%

Holdings in common uses holdings dated Jul 31, 2026 and Aug 31, 2026. Method

Risk and return

Sep 4, 2015 to Oct 23, 2026 · 581 weekly returns

AGG VTEB

Return

Total return edge VTEB +19.8% +26.3%

Annualized edge VTEB +1.6% +2.1%

Price return edge VTEB −12.2% −2.9%

Risk

Volatility edge AGG 5.1% 6.7%

Max drawdown edge VTEB −18.2% −14.8%

Risk-adjusted

Sharpe edge VTEB −0.11 0.00

Sortino edge VTEB −0.15 0.01

Calmar edge VTEB 0.09 0.14

Reading

VTEB returned more: +26.3% to +19.8%. AGG swung less: 5.1% to 6.7%. VTEB fell less at its worst: −14.8% to −18.2%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: AGG vs VTEB: Differences, Returns & Fees
Measure	AGG	VTEB	Edge	How it is measured
Return
Total return	+19.8%	+26.3%	VTEB	Price change plus distributions, reinvested.
Annualized	+1.6%	+2.1%	VTEB	Total return as a yearly rate.
Price return	−12.2%	−2.9%	VTEB	Price change alone, distributions left out.
Risk
Volatility	5.1%	6.7%	AGG	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	3.7%	4.6%	AGG	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−18.2%	−14.8%	VTEB	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	−0.11	0.00	VTEB	Return above Treasury bills per unit of volatility.
Sortino	−0.15	0.01	VTEB	Return above Treasury bills per unit of downside deviation.
Calmar	0.09	0.14	VTEB	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 581 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, AGG and VTEB hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first AGG VTEB

Only in one fund ↓

Only in AGG

U.S. Treasury Notes, due Feb 15, 2035 0.41%

U.S. Treasury Notes, due Nov 15, 2034 0.40%

U.S. Treasury Notes, due Feb 28, 2030 0.40%

U.S. Treasury Notes, due May 15, 2034 0.40%

U.S. Treasury Notes, due Aug 15, 2034 0.39%

U.S. Treasury Notes, due Feb 15, 2036 0.39%

U.S. Treasury Notes, due May 15, 2035 0.39%

U.S. Treasury Notes, due Nov 15, 2033 0.38%

Only in VTEB

NEW YORK CITY-F-1-REF, due Aug 1, 2034 0.12%

CA REGENTS UNIV-CD, due May 15, 2036 0.11%

IDAHO ST-TANS, due Jun 30, 2027 0.10%

CA REF, due Aug 1, 2032 0.10%

MARYLAND ST-GROUP 2, due Jun 1, 2038 0.09%

NY ST THRUWAY AUTH-A, due Sep 15, 2035 0.09%

TRIBOROUGH BRIDGE-A-1, due Feb 1, 2028 0.09%

DALLAS ISD-B, due Feb 15, 2056 0.08%

Check overlap with more funds →

Side by side

AGG iShares Core U.S. Aggregate Bond ETF VTEB Vanguard Tax-Exempt Bond ETF

Where it sits Bond ETF Bond ETF

Issuer iShares Vanguard

What it is Tracks an index of US aggregate bonds Tracks an index of Tax-Exempt Bond

Total return, 1 year −1.4% −0.4%

Its benchmark over the same days −1.3% (SCHZ) not measured

Gap to its benchmark −0.1 pts vs SCHZ not measured

Expense ratio 0.03% 0.03%

Holdings 13469 11155

Net assets, AGG as of Oct 27, 2026 and VTEB as of Sep 30, 2026 $139.4bn $49.6bn

AGG and VTEB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-F27541014A

AGG and VTEB do different jobs. What does each one do in a portfolio?

What each follows. AGG follows Bloomberg U.S. Aggregate Bond Index and VTEB follows S&P National AMT-Free Municipal Bond Index.
Holdings in common. 0% of the weight is in the same securities (holdings dated Aug 31, 2026 and Jul 31, 2026).
One-year total return (similar). Over 1 year to Oct 28, 2026 AGG returned −1.4% and VTEB −0.4% with distributions reinvested, a gap of 1.0 points.

Data as of Oct 28, 2026.

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

About each fund

AGG

AGG tracks an index of US aggregate bonds. Over the year to Oct 28, 2026 it returned −1.4% with distributions reinvested, against −1.3% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.03% a year. It sat 3.4% below its high of Aug 4, 2020 on Oct 28, 2026.

VTEB

VTEB tracks an index of Tax-Exempt Bond. Over the year to Oct 28, 2026 it returned −0.4% with distributions reinvested.

Questions people ask

Which returned more over the last year, AGG or VTEB?: In the year to Oct 28, 2026, with distributions reinvested, AGG returned −1.4% and VTEB −0.4%.
Which is cheaper, AGG or VTEB?: Neither: AGG and VTEB both charge 0.03% a year. Fees come from each fund's prospectus.

Other comparisons

AGG vs MUB AGG vs HYMB AGG vs IUSB AGG vs VCIT BND vs VTEB SGOV vs VTEB BNDX vs VTEB VCIT vs VTEB

Where to next

AGG on its own →VTEB on its own →Hold both: look the portfolio through →Rankings →AGG dividend history →AGG holdings →VTEB dividend history →VTEB holdings →Standards and sources →

Sources and dates

AGG filings on SEC EDGAR ↗

AGG prospectus with the expense ratio (SEC) ↗

iShares page for AGG ↗

VTEB filings on SEC EDGAR ↗

VTEB prospectus with the expense ratio (SEC) ↗

Vanguard page for VTEB ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, AGG against VTEB, data as of Oct 28, 2026. https://etfiq.com/compare/any/agg-vs-vteb

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.