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

In the year to Oct 28, 2026, with distributions reinvested, VTEB returned −0.4% and XLE +61.2%.

Which is cheaper, VTEB or XLE?

VTEB is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

VTEB vs XLE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VTEB returned −0.4% to XLE's +61.2%; 0% of their weight is in the same names.

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Net assets: $49.6bn on Sep 30, 2026 for Vanguard Tax-Exempt Bond ETF, and $45.2bn on Oct 27, 2026 for State Street Energy Select Sector SPDR ETF.

VTEB on its own →XLE on its own →

At a glance

−0.4%

VTEB total return, 1 year

+61.2%

XLE total return, 1 year

0.03%

VTEB expense ratio

0.08%

XLE expense ratio

Pair scorecard

VTEB costs 0.05 points a year less; their one-year returns differ by 61.6 points; VTEB is 1.3 times larger.

VTEB vs XLE: Differences, Returns & Fees
Measure	VTEB	XLE
Return
Measure	VTEB	XLE
Total return, 1 year	−0.4%	+61.2%
Benchmark
Measure	VTEB	XLE
What it tracks	S&P National AMT-Free Municipal Bond Index	Energy Select Sector Index
Cost and size
Measure	VTEB	XLE
Expense ratio	0.03%	0.08%
Net assets, as of Sep 30, 2026	$49.6bn	$39.1bn
Holdings
Measure	VTEB	XLE
Holdings in common	0%
In the S&P 500, by weight		100%
Top ten holdings, share of the fund		78.1%

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

What they share

By the books each fund has filed, VTEB and XLE 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 VTEB XLE

Only in one fund ↓

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%

Only in XLE

EXXONMOBIL HOLDINGS CORP 23.98%

CHEVRON CORP 18.21%

CONOCOPHILLIPS 7.18%

MARATHON PETROLEUM CORP 4.67%

PHILLIPS 66 4.41%

VALERO ENERGY CORP 4.26%

WILLIAMS COS INC 4.22%

EOG RESOURCES INC 4.07%

Check overlap with more funds →

Side by side

VTEB Vanguard Tax-Exempt Bond ETF XLE State Street Energy Select Sector SPDR ETF

Where it sits Bond ETF Stock ETF

Issuer Vanguard State Street

What it is Tracks an index of Tax-Exempt Bond Tracks an index of Energy

Total return, 1 year −0.4% +61.2%

Expense ratio 0.03% 0.08%

Holdings 11155 22

Net assets, VTEB as of Sep 30, 2026 and XLE as of Oct 27, 2026 $49.6bn $45.2bn

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

Alert

About each fund

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.

XLE

XLE tracks an index of Energy. Over the year to Oct 28, 2026 it returned +61.2% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 22 positions, with the top ten at 78.1%.

Questions people ask

Which returned more over the last year, VTEB or XLE?: In the year to Oct 28, 2026, with distributions reinvested, VTEB returned −0.4% and XLE +61.2%.
Which is cheaper, VTEB or XLE?: VTEB is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

VDE vs VTEB VTEB vs XOP IYE vs VTEB VTEB vs XLV MUB vs XLE HYMB vs XLE BNDX vs XLE VTIP vs XLE

Where to next

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

Sources and dates

VTEB filings on SEC EDGAR ↗

VTEB prospectus with the expense ratio (SEC) ↗

Vanguard page for VTEB ↗

XLE filings on SEC EDGAR ↗

XLE prospectus with the expense ratio (SEC) ↗

State Street website ↗

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

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