VanguardMuni National ShortVSDM · Cboe BZX

Vanguard Short Duration Tax-Exempt Bond ETF (VSDM)

Compare Muni National Short ETFs Compare with others

Price: $75.78; —30 Oct 2026
Assets: $1.1B; Total net assets
Expense ratio: 0.12%; Category 0.54%
Yield: 3.20%; Trailing distributions

1Y return: 2.1%-0.2%; Category 2.3%
3Y CAGR: —; Category 3.6%
5Y CAGR: —; Category 1.9%

Loading NAV history…

Vanguard Short Duration Tax-Exempt Bond ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+2.1%	+0.4%	+0.6%	+1.4%	+2.1%	—	—	—	+3.4%
Muni National Short average	1.5%	0.5%	0.9%	1.6%	2.3%	3.6%	1.9%	1.6%	2.3%
Difference	+0.6%	-0.1%	-0.3%	-0.2%	-0.2%	—	—	—	+1.1%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

AAA6.1%
AA38.1%
A38.0%
BBB11.8%
BB1.3%
Below B0.1%
Other4.6%

Asset mix

Bonds98.5%
Cash1.5%

ETF details

Issuer: Vanguard
Category: Fixed Income · Muni National Short
Ticker: VSDM
Exchange: Cboe BZX
Inception: 21 Nov 2024 (1.9 years)
Structure: Exchange Traded Fund
Expense ratio: 0.12% (category 0.54%)
Holdings turnover: 13% (category 59%)
Distribution yield: 3.20%
Beta, 3 years: 0.00
Total net assets: $1.1B
Average maturity: 10.07 years

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other muni national short ETFs

Other ETFs in the Muni National Short category.

Compare Muni National Short ETFs