VTEI vs VTI
Vanguard Intermediate-Term Tax-Exempt Bond ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, VTEI or VTI?
Municipal Bond against Large Cap Blend.
VTI has a lower expense ratio. VTI 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 | VTEI | VTI |
|---|---|---|
| Expense Ratio | 0.08% | 0.03%Best |
| AUM | $1.5B | $666.9B |
| Dividend Yield | 3.11% | 1.03% |
| Holdings | 5,977 | 3,543 |
| YTD Return | -3.80% | +12.08%Best |
| 1Y Return | -2.37% | +16.31%Best |
| 3Y Return (annualized) | - | +20.83% |
| 5Y Return (annualized) | - | +11.89% |
| Volatility (annualized) | 3.5%Best | 12.3% |
| Max Drawdown | -5.5%Best | -19.3% |
| $10,000 over 2.6 years | $10,223 | $15,784Best |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Tax Preferred | Equity |
| Style | Municipal Bond | Large Cap Blend |
| Inception | Jan 26, 2024 | May 24, 2001 |
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 14, 2026 (2.6 years).
VTEI vs VTI 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.
VTEI vs VTI Performance
Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI) is an ETF from Vanguard (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year VTEI returned -2.37% while VTI returned +16.31%. Year to date, VTEI is down 3.80% versus a gain of 12.08% for VTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 12.3% 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 -5.5% for VTEI and -19.3% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.58. They move together some of the time, and apart the rest.
Fees and Cost Over Time
VTEI charges 0.08% per year while VTI charges 0.03%. On a $10,000 position that is $8 vs $3 annually, a gap of $5 per year that compounds over a long holding period. On income, VTEI currently yields 3.11% against 1.03% for VTI.
Holdings Overlap
We hold position weights for 18 holdings in VTEI and 3,463 in VTI, totalling 0.1% and 98.1% 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 18 positions we hold weights for in VTEI and 3,463 in VTI, against full books of 5,977 and 3,543.
You are not choosing between two funds in isolation.
Whichever of VTEI and VTI 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, VTEI or VTI?
VTEI has an expense ratio of 0.08% while VTI charges 0.03%. VTI is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, VTEI or VTI?
Over the past year VTEI returned -2.37% vs +16.31% for VTI, so VTI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VTEI or VTI?
VTI has been the more volatile fund at 12.3% annualized versus 3.5% for VTEI. Worst drawdown: VTEI -5.5% vs VTI -19.3%.
Should I hold both VTEI and VTI?
VTEI and VTI have a monthly-return correlation of 0.58, 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, VTEI or VTI?
VTEI yields 3.11% while VTI yields 1.03%, so VTEI currently pays the higher dividend yield.
Is VTI better than VTEI?
VTI has a lower expense ratio. VTI 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.