VOO vs VTEI
Vanguard S&P 500 ETF vs Vanguard Intermediate-Term Tax-Exempt Bond ETF
Which is better, VOO or VTEI?
Large Cap Blend against Municipal Bond.
VOO has a lower expense ratio. VOO led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | VOO | VTEI |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.08% |
| AUM | $997.4B | $1.5B |
| Dividend Yield | 1.04% | 3.11% |
| Holdings | 509 | 5,977 |
| YTD Return | +14.14%Best | -4.10% |
| 1Y Return | +17.31%Best | -2.76% |
| 3Y Return (annualized) | +23.04% | - |
| 5Y Return (annualized) | +13.63% | - |
| Volatility (annualized) | 12.0% | 3.5%Best |
| Max Drawdown | -18.7% | -5.7%Best |
| $10,000 over 2.6 years | $16,166Best | $10,188 |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Tax Preferred |
| Style | Large Cap Blend | Municipal Bond |
| Inception | Sep 7, 2010 | Jan 26, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Jan 30, 2024 to Sep 22, 2026 (2.6 years).
VOO vs VTEI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.6 years both funds cover.
VOO vs VTEI Performance
Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US) and Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI) is an ETF from Vanguard (US). Over the past year VOO returned +17.31% while VTEI returned -2.76%. Year to date, VOO is up 14.14% versus a loss of 4.10% for VTEI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 12.0% compared with 3.5% for VTEI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.7% for VOO and -5.7% for VTEI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.53. They move together some of the time, and apart the rest.
Fees and Cost Over Time
VOO charges 0.03% per year while VTEI charges 0.08%. On a $10,000 position that is $3 vs $8 annually, a gap of $5 per year that compounds over a long holding period. On income, VOO currently yields 1.04% against 3.11% for VTEI.
Holdings Overlap
We hold position weights for 494 holdings in VOO and 18 in VTEI, totalling 99.5% and 0.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 494 positions we hold weights for in VOO and 18 in VTEI, against full books of 509 and 5,977.
You are not choosing between two funds in isolation.
Whichever of VOO and VTEI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, VOO or VTEI?
VOO has an expense ratio of 0.03% while VTEI charges 0.08%. VOO is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, VOO or VTEI?
Over the past year VOO returned +17.31% vs -2.76% for VTEI, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VOO or VTEI?
VOO has been the more volatile fund at 12.0% annualized versus 3.5% for VTEI. Worst drawdown: VOO -18.7% vs VTEI -5.7%.
Should I hold both VOO and VTEI?
VOO and VTEI have a monthly-return correlation of 0.53, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, VOO or VTEI?
VOO yields 1.04% while VTEI yields 3.11%, so VTEI currently pays the higher dividend yield.
Is VTEI better than VOO?
VOO has a lower expense ratio. VOO led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.