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

In the year to Oct 28, 2026, with distributions reinvested, VTEB returned −0.4% and XRT +2.4%.

Which is cheaper, VTEB or XRT?

VTEB is cheaper, by 0.32 percentage points a year. That is about $32 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

VTEB vs XRT: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VTEB returned −0.4% to XRT's +2.4%; 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 $362m on Oct 27, 2026 for State Street SPDR S&P Retail ETF.

VTEB on its own →XRT on its own →

At a glance

−0.4%

VTEB total return, 1 year

+2.4%

XRT total return, 1 year

0.03%

VTEB expense ratio

0.35%

XRT expense ratio

Pair scorecard

VTEB costs 0.32 points a year less; their one-year returns differ by 2.8 points; VTEB is far larger, $49.6bn against $435m.

VTEB vs XRT: Differences, Returns & Fees
Measure	VTEB	XRT
Return
Measure	VTEB	XRT
Total return, 1 year	−0.4%	+2.4%
Drawdown
Measure	VTEB	XRT
Below its high		9.9%, high on Nov 16, 2021
Benchmark
Measure	VTEB	XRT
What it tracks	S&P National AMT-Free Municipal Bond Index	S&P Retail Select Industry Index
Cost and size
Measure	VTEB	XRT
Expense ratio	0.03%	0.35%
Net assets, as of Sep 30, 2026	$49.6bn	$435m
Holdings
Measure	VTEB	XRT
Holdings in common	0%
In the S&P 500, by weight		22%
Top ten holdings, share of the fund		16.6%

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 XRT 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 XRT

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 XRT

KOHLS CORP 1.85%

MAPLEBEAR INC 1.76%

BATH + BODY WORKS INC 1.69%

ETSY INC 1.68%

VICTORIA S SECRET + CO 1.66%

BJ S WHOLESALE CLUB HOLDINGS 1.62%

GAMESTOP CORP CLASS A 1.60%

OLLIE S BARGAIN OUTLET HOLDI 1.60%

Check overlap with more funds →

Side by side

VTEB Vanguard Tax-Exempt Bond ETF XRT State Street SPDR S&P Retail ETF

Where it sits Bond ETF Stock ETF

Issuer Vanguard State Street

What it is Tracks an index of Tax-Exempt Bond Tracks the S&P Retail

Total return, 1 year −0.4% +2.4%

Expense ratio 0.03% 0.35%

Holdings 11155 74

Net assets, VTEB as of Sep 30, 2026 and XRT as of Oct 27, 2026 $49.6bn $362m

VTEB and XRT 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.

XRT

XRT tracks the S&P Retail. Over the year to Oct 28, 2026 it returned +2.4% with distributions reinvested. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 74 positions, with the top ten at 16.6%. It sat 9.9% below its high of Nov 16, 2021 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, VTEB or XRT?: In the year to Oct 28, 2026, with distributions reinvested, VTEB returned −0.4% and XRT +2.4%.
Which is cheaper, VTEB or XRT?: VTEB is cheaper, by 0.32 percentage points a year. That is about $32 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

VTEB vs XHB VTEB vs XLY VTEB vs XOP VOX vs VTEB MUB vs XRT HYMB vs XRT BNDX vs XRT AGG vs XRT

Where to next

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

Sources and dates

VTEB filings on SEC EDGAR ↗

VTEB prospectus with the expense ratio (SEC) ↗

Vanguard page for VTEB ↗

XRT filings on SEC EDGAR ↗

XRT 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 XRT, data as of Oct 28, 2026. https://etfiq.com/compare/any/vteb-vs-xrt

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