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

In the year to Sep 21, 2026, with distributions reinvested, IBIT returned −31.1% and VTEB returned −0.5%, so VTEB returned more.

Which is cheaper, IBIT or VTEB?

IBIT charges 0.25% a year and VTEB charges 0.03%, so VTEB is cheaper. Fees come from each fund's prospectus.

Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

IBIT vs VTEB: how they differ

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

iShares Bitcoin Trust ETF and Vanguard Tax-Exempt Bond ETF.

What they hold in common

By the books each fund has filed, IBIT and VTEB hold 0% of their money in the same securities at the same weight.

Positions IBIT and VTEB both hold, largest shared weight first
Holding	IBIT	VTEB
USD CASH	0.00%	-0.05%

Only in each
Only in IBIT	Only in VTEB
BITCOIN 100.00%	Vanguard Municipal Low Duration Fund 0.81%
	State of California 0.16%
	State of California 0.15%
	City of New York NY 0.12%
	University of California 0.11%
	Oregon State Facilities Authority 0.10%
	State of Idaho 0.10%
	Tarrant County Cultural Education Facilities Finance Corp 0.10%

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 Aug 31, 2026 and Sep 18, 2026.

IBIT and VTEB on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
	IBIT iShares Bitcoin Trust ETF	VTEB Vanguard Tax-Exempt Bond ETF
Where it sits	Core fund	Core fund
Issuer	iShares	Vanguard
What it is	Holds bitcoin	Tracks an index of Tax-Exempt Bond
Total return, 1 year	−31.1%	−0.5%
S&P 500 over the same days	+16.6%	+16.6%
Gap to the S&P 500	−47.6 pts	−17.1 pts
Expense ratio	0.25%	0.03%
Holdings	2	10724
Net assets	$63.7bn	$46.3bn

IBIT in plain words

IBIT holds bitcoin. Over the year to Sep 18, 2026 it returned −31.1% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. It sat 35.5% below its high of Oct 6, 2025 on Sep 18, 2026.

VTEB in plain words

VTEB tracks an index of Tax-Exempt Bond. Over the year to Sep 18, 2026 it returned −0.5% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. It sat 3.9% below its high of Jul 6, 2026 on Sep 18, 2026.

Questions people ask

Which returned more over the last year, IBIT or VTEB?: In the year to Sep 21, 2026, with distributions reinvested, IBIT returned −31.1% and VTEB returned −0.5%, so VTEB returned more.
Which is cheaper, IBIT or VTEB?: IBIT charges 0.25% a year and VTEB charges 0.03%, so VTEB is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where to next

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.

IBIT against VTEB, ETFIQ, data as of Sep 21, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IBIT against VTEB, data as of Sep 21, 2026. https://etfiq.com/compare/any/ibit-vs-vteb Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources