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

In the year to Oct 28, 2026, with distributions reinvested, VCIT returned −1.8% and VTEB −0.4%.

Which is cheaper, VCIT or VTEB?

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

Data as of Oct 28, 2026.

Across categories

VCIT vs VTEB: Differences, Returns & Fees

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VCIT's duration was 6.0 years on May 31, 2026 and VTEB's 7.1 on Jul 31, 2026; both charge 0.03%.

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Net assets on Sep 30, 2026: $66.6bn for Vanguard Intermediate-Term Corporate Bond ETF and $49.6bn for Vanguard Tax-Exempt Bond ETF.

VCIT on its own →VTEB on its own →

At a glance

−1.8%

VCIT total return, 1 year

−0.4%

VTEB total return, 1 year

0.03%

VCIT expense ratio

0.03%

VTEB expense ratio

Pair scorecard

Both cost 0.03% a year; their one-year returns differ by 1.4 points; VCIT is 1.3 times larger.

Points (pts) are percentage points.

VCIT vs VTEB: Differences, Returns & Fees
Measure	VCIT	VTEB
Return
Measure	VCIT	VTEB
Total return, 1 year	−1.8%	−0.4%
Drawdown
Measure	VCIT	VTEB
Below its high	3.2%, high on Feb 27, 2026
Benchmark
Measure	VCIT	VTEB
What it tracks	Bloomberg U.S. 5-10 Year Corporate Bond Index	S&P National AMT-Free Municipal Bond Index
Cost and size
Measure	VCIT	VTEB
Expense ratio	0.03%	0.03%
Net assets, as of Sep 30, 2026	$66.6bn	$49.6bn
Holdings
Measure	VCIT	VTEB
Holdings in common	0%

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

Risk and return

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

VCIT VTEB

Return

Total return edge VCIT +38.7% +26.3%

Annualized edge VCIT +3.0% +2.1%

Price return edge VTEB −6.8% −2.9%

Risk

Volatility edge VTEB (slight) 7.1% 6.7%

Max drawdown edge VTEB −20.0% −14.8%

Risk-adjusted

Sharpe edge VCIT 0.13 0.00

Sortino edge VCIT 0.17 0.01

Calmar edge VCIT (slight) 0.15 0.14

Reading

VCIT returned more: +38.7% to +26.3%. VTEB swung slightly less: 6.7% to 7.1%. VTEB fell less at its worst: −14.8% to −20.0%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: VCIT vs VTEB: Differences, Returns & Fees
Measure	VCIT	VTEB	Edge	How it is measured
Return
Total return	+38.7%	+26.3%	VCIT	Price change plus distributions, reinvested.
Annualized	+3.0%	+2.1%	VCIT	Total return as a yearly rate.
Price return	−6.8%	−2.9%	VTEB	Price change alone, distributions left out.
Risk
Volatility	7.1%	6.7%	VTEB (slight)	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	5.3%	4.6%	VTEB	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−20.0%	−14.8%	VTEB	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.13	0.00	VCIT	Return above Treasury bills per unit of volatility.
Sortino	0.17	0.01	VCIT	Return above Treasury bills per unit of downside deviation.
Calmar	0.15	0.14	VCIT (slight)	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, VCIT and VTEB hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jul 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first VCIT VTEB

Only in one fund ↓

Only in VCIT

AMAZON.COM INC, due Mar 13, 2036 0.30%

BOEING CO/THE, due May 1, 2034 0.28%

META PLATFORMS, due Nov 15, 2035 0.27%

BANK OF AMER CRP, due Jul 22, 2033 0.27%

PFIZER INVSTMNT, due May 19, 2033 0.27%

ORACLE CORP, due Feb 4, 2036 0.27%

ANHEUSER-BUSCH, due Feb 1, 2036 0.27%

JPMORGAN CHASE, due Jul 25, 2033 0.25%

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

VCIT Vanguard Intermediate-Term Corporate Bond ETF VTEB Vanguard Tax-Exempt Bond ETF

Where it sits Bond ETF Bond ETF

Issuer Vanguard Vanguard

What it is Tracks an index of Intermediate-Term Corporate Bond Tracks an index of Tax-Exempt Bond

Total return, 1 year −1.8% −0.4%

Its benchmark over the same days −1.8% (SCHI) not measured

Gap to its benchmark 0.0 pts vs SCHI not measured

Expense ratio 0.03% 0.03%

Holdings 2340 11155

Net assets, as of Sep 30, 2026 $66.6bn $49.6bn

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

Client brief · page 1 of 2 Report BR-77BF5C91E7

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

What each follows. VCIT follows Bloomberg U.S. 5-10 Year Corporate 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 May 31, 2026 and Jul 31, 2026).
Number of holdings. VCIT holds 2,340 positions and VTEB holds 11155.

Data as of Oct 28, 2026.

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About each fund

VCIT

VCIT tracks an index of Intermediate-Term Corporate Bond. Over the year to Oct 28, 2026 it returned −1.8% with distributions reinvested, against −1.8% for its benchmark, the Bloomberg U.S. 5-10 Year Corporate Bond Index. The prospectus expense ratio is 0.03% a year. It sat 3.2% below its high of Feb 27, 2026 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, VCIT or VTEB?: In the year to Oct 28, 2026, with distributions reinvested, VCIT returned −1.8% and VTEB −0.4%.
Which is cheaper, VCIT or VTEB?: Neither: VCIT and VTEB both charge 0.03% a year. Fees come from each fund's prospectus.

Other comparisons

MUB vs VCIT HYMB vs VCIT IUSB vs VCIT VCIT vs VCSH IGIB vs VTEB LQD vs VTEB BNDX vs VTEB GOVT vs VTEB

Where to next

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

Sources and dates

VCIT filings on SEC EDGAR ↗

VCIT prospectus with the expense ratio (SEC) ↗

Vanguard page for VCIT ↗

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

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