Passive Bonds

Vanguard Tax-Exempt Bond Index Fund

Vanguard Tax-Exempt Bond ETF, an exchange-traded share class of Vanguard Tax-Exempt Bond Index Fund (the “Fund”), seeks to track the performance of a benchmark index that measures the investment-grade segment of the U.S. municipal bond market.

$50.26

Key Metrics

TER 3.00% per year
Distribution policy Distributing
Fund size USD 46,447 M
Inception date August 21, 2015
Holdings 9,972
Fund currency USD
Fund domicile US
Provider Vanguard
For full official fund details, factsheets, and holdings, visit investor.vanguard.com (opens in new tab).

Compare similar ETFs

Fund Size
Dividend
Fees
Current
Tax-Exempt Bond Index Fund VTEB
Fund Size
$47.2B
Dividend
3.4%
Fees
3.00%
Total Stock Market Index Fund VTSAX
Fund Size
$1.99T
Dividend
1.0%
Fees
4.00%
Total Stock Market Index Fund VTI
Fund Size
$1.99T
Dividend
1.0%
Fees
3.00%
500 Index Fund VFINX
Fund Size
$1.42T
Dividend
1.0%
Fees
-
500 Index Fund VFIAX
Fund Size
$1.42T
Dividend
1.0%
Fees
4.00%
View 1334 similar ETFs →

Historical Return

Last updated: Jun 01, 2026
1 Year +3.6% +3.4% Div
3 Years (avg.) +0.3% +3.4% Div
5 Years (avg.) -1.8% +3.4% Div

Risk & Analysis Metrics

Last updated: Jun 01, 2026

Volatility

2.72% 1 Year
3.96% 3 Years
3.88% 5 Years
5.26% 10 Years

Max Drawdown

-3.00% 1 Year
-6.22% 3 Years
-14.80% 5 Years
-17.00% 10 Years

Sharpe Ratio

-0.39 1 Year
-0.99 3 Years
-1.54 5 Years
-0.84 10 Years

Return Triangle (Heatmap)

Last updated: Jun 01, 2026
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
2015 2.0% 0.2% 1.1% 0.6% 1.4% 1.7% 1.4% -0.1% 0.2% 0.0% 0.1%
2016 -1.5% 0.7% 0.1% 1.3% 1.6% 1.3% -0.4% 0.0% -0.2% -0.1%
2017 3.0% 1.0% 2.2% 2.4% 1.8% -0.2% 0.2% 0.0% 0.0%
2018 -1.1% 1.9% 2.2% 1.5% -0.8% -0.2% -0.4% -0.3%
2019 4.9% 3.9% 2.4% -0.8% -0.1% -0.3% -0.2%
2020 3.0% 1.2% -2.6% -1.3% -1.3% -1.1%
2021 -0.5% -5.3% -2.6% -2.3% -1.8%
2022 -9.8% -3.7% -3.0% -2.2%
2023 2.9% 0.7% 0.5%
2024 -1.5% -0.7%
2025 0.2%

Distributions

*by ETF Portfolio Weight Last updated: Not yet calculated

Profit Margin Distribution

< 0%
0%
1y 3y N/A N/A
0 - 5%
0%
1y 3y N/A N/A
5 - 10%
0%
1y 3y N/A N/A
10 - 15%
0%
1y 3y N/A N/A
15 - 20%
0%
1y 3y N/A N/A
20 - 30%
0%
1y 3y N/A N/A
30 - 40%
0%
1y 3y N/A N/A
> 40%
0%
1y 3y N/A N/A

P/E Ratio Distribution

< 0
0%
1y 3y N/A N/A
0 - 10
0%
1y 3y N/A N/A
10 - 15
0%
1y 3y N/A N/A
15 - 20
0%
1y 3y N/A N/A
20 - 25
0%
1y 3y N/A N/A
25 - 35
0%
1y 3y N/A N/A
35 - 50
0%
1y 3y N/A N/A
> 50
0%
1y 3y N/A N/A

Discounted Cash Flow

Weighted Average Undervaluation
N/A
Undervalued
> 60%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
15 - 30%
0%
1y 3y N/A N/A
Fair (&plusmn;15%)
0%
1y 3y N/A N/A
Overvalued
15 - 30%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
> 60%
0%
1y 3y N/A N/A

Market Cap Size Distribution

Micro Cap
0.0%
1y 3y N/A N/A
Small Cap
0.0%
1y 3y N/A N/A
Mid Cap
0.0%
1y 3y N/A N/A
Large Cap
0.0%
1y 3y N/A N/A
Mega Cap
0.0%
1y 3y N/A N/A
Micro: < $300M Small: $300M–$2B Mid: $2B–$10B Large: $10B–$200B Mega: > $200B

Portfolio Concentration

*by ETF Portfolio Weight Last updated: Not yet calculated
N/A Top 5 Holdings
N/A Top 10 Holdings
N/A Top 50 Holdings
N/A Top 100 Holdings

Latest News

2 days ago • finbold.com

Banking giant warns investors to take profits amid ‘too many red flags'

Bank of America is warning investors to take profits on U.S. stocks as a growing number of bear market indicators suggest the market may be approac...
2 days ago • fxempire.com

S&P500: Chip Rally Lifts Futures, but Can Bulls Hold Key Support?

S&P 500 futures rose before the opening bell as chip stocks rebounded, while investors monitored Middle East tensions and key technical levels.
2 days ago • 247wallst.com

These 3 S&P 500 ETFs Are Nearly Identical But After Doing the Math One of Them Saves You Money Over a Lifetime

Three of the largest U.S. equity index funds on the market look like clones at first glance.

Average metrics of all companies in portfolio

Last updated: Jun 07, 2026
Market
Average
Market Cap The market value of the company. It's calculated by multiplying the share price by the number of outstanding shares. $239M -
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price. 0.00% 2.03%
Beta Indicates the relationship between the price performance of a share and the market. 0.37 -
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth. - 27.97
Negative P/E Ratio a negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything - -
Profitable Companies -
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued. - 15.45
Price to Sales Ratio Market cap divided by the revenue in the most recent year. - 8.31
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company - 10.5
Market
Average
Enterprise Value to EBIT Enterprise Value divided by EBIT - 20.69
Enterprise Value to Revenue Enterprise value divided by revenue - 8.08
Total Debt to Enterprise Value Total debt divided by enterprise value - 0.04
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary. - 0.27
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability. - 21.02%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago. - -114.4%
Return on Equity Equity divided by market cap. - 3.05%
Return on Assets Indicates a company's profitability in relation to its total assets. - 4.31%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits. - 3.97%

Countries

Other 100.0%

No investments found

This ETF does not have any holdings data available yet.