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

In the year to Oct 28, 2026, with distributions reinvested, IEF returned −3.2% and VTEB −0.4%.

Which is cheaper, IEF 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

IEF vs VTEB: Differences, Returns & Fees

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IEF's duration was 7.0 years on Aug 31, 2026 and VTEB's 7.1 on Jul 31, 2026; VTEB charges 0.03% to IEF's 0.15%.

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Net assets: $43.5bn on Oct 27, 2026 for iShares 7-10 Year Treasury Bond ETF, and $49.6bn on Sep 30, 2026 for Vanguard Tax-Exempt Bond ETF.

IEF on its own →VTEB on its own →

At a glance

−3.2%

IEF total return, 1 year

−0.4%

VTEB total return, 1 year

0.15%

IEF expense ratio

0.03%

VTEB expense ratio

Pair scorecard

VTEB costs 0.12 points a year less; their one-year returns differ by 2.8 points; VTEB is 1.2 times larger.

IEF vs VTEB: Differences, Returns & Fees
Measure	IEF	VTEB
Return
Measure	IEF	VTEB
Total return, 1 year	−3.2%	−0.4%
Drawdown
Measure	IEF	VTEB
Below its high	13.1%, high on Aug 4, 2020
Benchmark
Measure	IEF	VTEB
What it tracks	ICE U.S. Treasury 7-10 Year Bond Index	S&P National AMT-Free Municipal Bond Index
Cost and size
Measure	IEF	VTEB
Expense ratio	0.15%	0.03%
Net assets, as of Sep 30, 2026	$41.6bn	$49.6bn
Holdings
Measure	IEF	VTEB
Holdings in common	0%

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

What they share

By the books each fund has filed, IEF 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 IEF VTEB

Only in one fund ↓

Only in IEF

U.S. Treasury Notes, due Feb 15, 2036 9.31%

U.S. Treasury Notes, due Feb 15, 2035 8.74%

U.S. Treasury Notes, due Nov 15, 2034 8.63%

U.S. Treasury Notes, due Nov 15, 2035 8.52%

U.S. Treasury Notes, due May 15, 2034 8.31%

U.S. Treasury Notes, due Aug 15, 2035 8.25%

U.S. Treasury Notes, due May 15, 2035 8.21%

U.S. Treasury Notes, due Feb 15, 2034 8.12%

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

IEF iShares 7-10 Year Treasury 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 7-10 Year Treasury Bond Tracks an index of Tax-Exempt Bond

Total return, 1 year −3.2% −0.4%

Expense ratio 0.15% 0.03%

Holdings 17 11155

Net assets, IEF as of Oct 27, 2026 and VTEB as of Sep 30, 2026 $43.5bn $49.6bn

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

Alert

About each fund

IEF

IEF tracks an index of 7-10 Year Treasury Bond. Over the year to Oct 28, 2026 it returned −3.2% with distributions reinvested. The prospectus expense ratio is 0.15% a year. It sat 13.1% 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. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, IEF or VTEB?: In the year to Oct 28, 2026, with distributions reinvested, IEF returned −3.2% and VTEB −0.4%.
Which is cheaper, IEF 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

IEF vs MUB HYMB vs IEF IEF vs VCIT IEF vs VGSH GOVT vs VTEB VGIT vs VTEB BIL vs VTEB MBB vs VTEB

Where to next

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

Sources and dates

IEF filings on SEC EDGAR ↗

IEF prospectus with the expense ratio (SEC) ↗

iShares page for IEF ↗

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

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