Data as of Oct 28, 2026.
VGIT vs VTEB: Differences, Returns & Fees
VGIT's duration was 4.7 years on May 31, 2026 and VTEB's 7.1 on Jul 31, 2026; both charge 0.03%.
askIQ about this page
askIQ about VGIT and VTEB
Net assets on Sep 30, 2026: $39.7bn for Vanguard Intermediate-Term Treasury ETF and $49.6bn for Vanguard Tax-Exempt Bond ETF.
Pair scorecard
Both cost 0.03% a year; their one-year returns differ by 1.1 points; VTEB is 1.2 times larger.
Points (pts) are percentage points.
| Measure | VGIT | VTEB |
|---|---|---|
| Return | ||
| Total return, 1 year | −1.5% | −0.4% |
| Drawdown | ||
| Below its high | 3.5%, high on Aug 4, 2020 | |
| Benchmark | ||
| What it tracks | Bloomberg U.S. Treasury 3-10 Year Index | S&P National AMT-Free Municipal Bond Index |
| Cost and size | ||
| Expense ratio | 0.03% | 0.03% |
| Net assets, as of Sep 30, 2026 | $39.7bn | $49.6bn |
| Holdings | ||
| 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 returnsVTEB returned more: +26.3% to +15.4%. VGIT swung less: 4.2% to 6.7%. VTEB fell slightly less at its worst: −14.8% to −15.6%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | VGIT | VTEB | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +15.4% | +26.3% | VTEB | Price change plus distributions, reinvested. |
| Annualized | +1.3% | +2.1% | VTEB | Total return as a yearly rate. |
| Price return | −11.8% | −2.9% | VTEB | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 4.2% | 6.7% | VGIT | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 3.0% | 4.6% | VGIT | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −15.6% | −14.8% | VTEB (slight) | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | −0.22 | 0.00 | VTEB | Return above Treasury bills per unit of volatility. |
| Sortino | −0.30 | 0.01 | VTEB | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.08 | 0.14 | VTEB | 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, VGIT and VTEB hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jul 31, 2026.
half
0% in common
Only in one fund ↓
Side by side
VGIT and VTEB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
VGIT and VTEB do different jobs. What does each one do in a portfolio?
- What each follows. VGIT follows Bloomberg U.S. Treasury 3-10 Year 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. VGIT holds 103 positions and VTEB holds 11155.
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.
VGIT
VGIT tracks an index of Intermediate-Term Treasury. Over the year to Oct 28, 2026 it returned −1.5% with distributions reinvested, against −1.5% for its benchmark, the Bloomberg U.S. Treasury 3-10 Year Index. The prospectus expense ratio is 0.03% a year. It sat 3.5% 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.
Questions people ask
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, VGIT against VTEB, data as of Oct 28, 2026. https://etfiq.com/compare/any/vgit-vs-vteb
ETFIQ. (Oct 28, 2026). VGIT against VTEB. Retrieved from https://etfiq.com/compare/any/vgit-vs-vteb
[VGIT against VTEB (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/vgit-vs-vteb)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.