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

In the year to Oct 28, 2026, with distributions reinvested, ITOT returned +13.4% and VTEB −0.4%.

Which is cheaper, ITOT or VTEB?

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

Data as of Oct 28, 2026.

Across categories

ITOT vs VTEB: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Oct 28, 2026, ITOT returned +13.4% to VTEB's −0.4%; 0% of their weight is in the same names.

askIQ about this page

askIQ about ITOT and VTEB

Net assets: $97.1bn on Oct 27, 2026 for iShares Core S&P Total U.S. Stock Market ETF, and $49.6bn on Sep 30, 2026 for Vanguard Tax-Exempt Bond ETF.

ITOT on its own →VTEB on its own →

At a glance

+13.4%

ITOT total return, 1 year

−0.4%

VTEB total return, 1 year

0.03%

ITOT expense ratio

0.03%

VTEB expense ratio

Pair scorecard

Both cost 0.03% a year; their one-year returns differ by 13.8 points; ITOT is 1.9 times larger.

ITOT vs VTEB: Differences, Returns & Fees
Measure	ITOT	VTEB
Return
Measure	ITOT	VTEB
Total return, 1 year	+13.4%	−0.4%
Benchmark
Measure	ITOT	VTEB
What it tracks	S&P Total Market Index (TMI)	S&P National AMT-Free Municipal Bond Index
Cost and size
Measure	ITOT	VTEB
Expense ratio	0.03%	0.03%
Net assets, as of Sep 30, 2026	$95.9bn	$49.6bn
Holdings
Measure	ITOT	VTEB
Holdings in common	0%
In the S&P 500, by weight	88%
Top ten holdings, share of the fund	33.9%

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

Risk and return

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

ITOT VTEB

Return

Total return edge ITOT +351.2% +26.3%

Annualized edge ITOT +14.4% +2.1%

Price return edge ITOT +275.5% −2.9%

Risk

Volatility edge VTEB 17.2% 6.7%

Max drawdown edge VTEB −33.2% −14.8%

Risk-adjusted

Sharpe edge ITOT 0.74 0.00

Sortino edge ITOT 1.06 0.01

Calmar edge ITOT 0.44 0.14

Reading

ITOT returned more: +351.2% to +26.3%. VTEB swung less: 6.7% to 17.2%. VTEB fell less at its worst: −14.8% to −33.2%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: ITOT vs VTEB: Differences, Returns & Fees
Measure	ITOT	VTEB	Edge	How it is measured
Return
Total return	+351.2%	+26.3%	ITOT	Price change plus distributions, reinvested.
Annualized	+14.4%	+2.1%	ITOT	Total return as a yearly rate.
Price return	+275.5%	−2.9%	ITOT	Price change alone, distributions left out.
Risk
Volatility	17.2%	6.7%	VTEB	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	12.0%	4.6%	VTEB	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−33.2%	−14.8%	VTEB	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.74	0.00	ITOT	Return above Treasury bills per unit of volatility.
Sortino	1.06	0.01	ITOT	Return above Treasury bills per unit of downside deviation.
Calmar	0.44	0.14	ITOT	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, ITOT 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 ITOT VTEB

Only in one fund ↓

Only in ITOT

NVIDIA 7.06%

APPLE 6.78%

MICROSOFT 5.28%

AMAZON.COM INC 3.32%

ALPHABET CLASS A 2.52%

BROADCOM INC 2.18%

ALPHABET CLASS C 2.02%

META PLATFORMS CLASS A 1.83%

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

ITOT iShares Core S&P Total U.S. Stock Market ETF VTEB Vanguard Tax-Exempt Bond ETF

Where it sits Stock ETF Bond ETF

Issuer iShares Vanguard

What it is Tracks the S&P Total U.S. Stock Market Tracks an index of Tax-Exempt Bond

Total return, 1 year +13.4% −0.4%

Expense ratio 0.03% 0.03%

Holdings 2443 11155

Net assets, ITOT as of Oct 27, 2026 and VTEB as of Sep 30, 2026 $97.1bn $49.6bn

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

Client brief · page 1 of 2 Report BR-E6D02B269F

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

What each follows. ITOT follows S&P Total Market Index (TMI) 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 Oct 27, 2026 and Sep 30, 2026).
One-year total return. Over 1 year to Oct 28, 2026 ITOT returned +13.4% and VTEB −0.4% with distributions reinvested, a gap of 13.8 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

ITOT

ITOT tracks the S&P Total U.S. Stock Market. Over the year to Oct 28, 2026 it returned +13.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Oct 27, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 2,443 positions, with the top ten at 33.9%.

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, ITOT or VTEB?: In the year to Oct 28, 2026, with distributions reinvested, ITOT returned +13.4% and VTEB −0.4%.
Which is cheaper, ITOT or VTEB?: Neither: ITOT and VTEB both charge 0.03% a year. Fees come from each fund's prospectus.

Other comparisons

ITOT vs MUB HYMB vs ITOT ITOT vs IUSB ITOT vs VCIT VIG vs VTEB SCHX vs VTEB SPYM vs VTEB IWB vs VTEB

Where to next

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

Sources and dates

ITOT filings on SEC EDGAR ↗

ITOT prospectus with the expense ratio (SEC) ↗

iShares page for ITOT ↗

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

Open data →

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