# VSDM (Vanguard Short Duration Tax-Exempt Bond ETF)

Vanguard · Bond ETFs · Municipal, national, intermediate · data as of Oct 2, 2026

VSDM is actively managed and returned +0.5% over the past year.

## Key facts

- VSDM, total return, 1 year: +0.5%, as of Oct 2, 2026.
- VSDM, expense ratio: 0.12%, as of Oct 2, 2026.
- VSDM, holdings: 3104, as of Oct 2, 2026.
- VSDM, below its high: −1.9%, as of Oct 2, 2026.
- VSDM, net assets: $1.2bn (the issuer’s own figure for this ETF, month end, as of Sep 30, 2026).

## VSDM over each window to Oct 2, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −1.9% | +3.6% | −5.5 pts | −7.2 pts |
| 6 months | −0.9% | +17.9% | −18.9 pts | −29.3 pts |
| 1 year | +0.5% | +16.2% | −15.7 pts | −23.8 pts |
| Since listing | +4.9% | +32.6% | −27.8 pts | −45.1 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | No index, actively managed | ETFIQ |
| Fund type | Bond fund | ETFIQ |
| Category | Bonds · Municipal, national, intermediate | ETFIQ |
| Expense ratio | 0.12% | 485BPOS XBRL, Feb 27, 2026 |
| Price | $74.44 | ETFIQ |
| Listed since | Nov 21, 2024 | ETFIQ |
| Net assets | $1.2bn | the issuer’s own figure for this ETF, month end, as of Sep 30, 2026 |
| Below its high | −1.9% | ETFIQ |
| Holdings | 3104 | ETFIQ |
| Top ten weight | 5.7% | ETFIQ |
| Holdings as of | Aug 31, 2026 | the issuer’s month-end file |

## Questions

### How has VSDM performed?

Over the year to Oct 2, 2026, VSDM returned +0.5% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is not published.

### What does VSDM cost?

The prospectus expense ratio is 0.12% a year.

### How far is VSDM below its high?

1.9% below its high of Jul 6, 2026, measured on the reinvested series to Oct 2, 2026.


## Cite this page

ETFIQ, VSDM, data as of Oct 2, 2026. https://etfiq.com/funds/vsdm
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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