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

In the year to Oct 28, 2026, with distributions reinvested, AOR returned +7.8% and VTEB −0.4%.

Which is cheaper, AOR or VTEB?

VTEB is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

AOR vs VTEB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, AOR returned +7.8% to VTEB's −0.4%; 0% of their weight is in the same names.

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Net assets: $3.9bn on Oct 28, 2026 for iShares Core 60/40 Balanced Allocation ETF, and $49.6bn on Sep 30, 2026 for Vanguard Tax-Exempt Bond ETF.

AOR on its own →VTEB on its own →

At a glance

+7.8%

AOR total return, 1 year

−0.4%

VTEB total return, 1 year

0.15%

AOR expense ratio

0.03%

VTEB expense ratio

Pair scorecard

VTEB costs 0.12 points a year less; their one-year returns differ by 8.2 points; VTEB is 12.7 times larger.

AOR vs VTEB: Differences, Returns & Fees
Measure	AOR	VTEB
Return
Measure	AOR	VTEB
Total return, 1 year	+7.8%	−0.4%
Benchmark
Measure	AOR	VTEB
What it tracks	60/40 Balanced Allocation	S&P National AMT-Free Municipal Bond Index
Cost and size
Measure	AOR	VTEB
Expense ratio	0.15%	0.03%
Net assets, as of Sep 30, 2026	$3.9bn	$49.6bn
Holdings
Measure	AOR	VTEB
Holdings in common	0%
In the S&P 500, by weight	0%
Top ten holdings, share of the fund	99.9%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

By the books each fund has filed, AOR and VTEB hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first AOR VTEB

Only in one fund ↓

Only in AOR

ISHARES CORE S&P ETF TRUST 35.70%

ISHARES CORE UNIV USD BOND ETF 32.15%

ISHARES CORE MSCI INT DEVEL ETF 17.10%

ISHARES CORE MSCI EMERGING MARKETS 6.34%

iShares Core Intl Aggregate Bnd ET 5.81%

ISHARES CORE S&P MID-CAP ETF 1.89%

ISHARES CORE S&P SMALL-CAP ETF 0.92%

Only in VTEB

Vanguard Municipal Low Duration Fund 0.69%

State of California 0.15%

State of California 0.14%

New York State Dormitory Authority 0.13%

State of Illinois 0.12%

Ohio State University 0.12%

City of New York NY 0.10%

State of Wisconsin 0.10%

Check overlap with more funds →

Side by side

AOR iShares Core 60/40 Balanced Allocation ETF VTEB Vanguard Tax-Exempt Bond ETF

Where it sits Allocation ETF Bond ETF

Issuer iShares Vanguard

What it is Tracks an index of 60/40 Balanced Allocation Tracks an index of Tax-Exempt Bond

Total return, 1 year +7.8% −0.4%

Its benchmark over the same days +13.4% (ACWI) not measured

Gap to its benchmark −5.6 pts vs ACWI not measured

Expense ratio 0.15% 0.03%

Holdings 7 11155

Net assets, AOR as of Oct 28, 2026 and VTEB as of Sep 30, 2026 $3.9bn $49.6bn

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

Alert

About each fund

AOR

AOR tracks an index of 60/40 Balanced Allocation. Over the year to Oct 28, 2026 it returned +7.8% with distributions reinvested, against +13.4% for its benchmark, the MSCI All Country World Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 7 positions, with the top ten at 99.9%.

VTEB

VTEB tracks an index of Tax-Exempt Bond. Over the year to Oct 28, 2026 it returned −0.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, AOR or VTEB?: In the year to Oct 28, 2026, with distributions reinvested, AOR returned +7.8% and VTEB −0.4%.
Which is cheaper, AOR or VTEB?: VTEB is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

AOR vs MUB AOR vs HYMB AOR vs IUSB AOR vs VCIT CGBL vs VTEB IYR vs VTEB SCMB vs VTEB HYMB vs VTEB

Where to next

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

Sources and dates

AOR filings on SEC EDGAR ↗

AOR prospectus with the expense ratio (SEC) ↗

iShares page for AOR ↗

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

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