VanguardMuni National IntermediateVTEI · Cboe BZX

Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI)

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Price: $97.05; —11 Sept 2026
Assets: $1.6B; Total net assets
Expense ratio: 0.08%; Category 0.62%
Yield: 3.11%; Trailing distributions

1Y return: -0.2%-0.7%; Category 0.5%
3Y CAGR: —; Category 3.1%
5Y CAGR: —; Category 0.4%

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Vanguard Intermediate-Term 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	-2.4%	-2.8%	-2.4%	-1.8%	-0.2%	—	—	—	+1.6%
Muni National Intermediate average	-2.3%	-2.5%	-1.9%	-1.0%	0.5%	3.1%	0.4%	1.7%	1.6%
Difference	-0.1%	-0.3%	-0.5%	-0.7%	-0.7%	—	—	—	0.0%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

AAA19.8%
AA62.4%
A16.2%
BBB1.0%
Below B0.0%
Other0.7%

Asset mix

Bonds98.0%
Cash2.1%

ETF details

Issuer: Vanguard
Category: Fixed Income · Muni National Intermediate
Ticker: VTEI
Exchange: Cboe BZX
Inception: 29 Jan 2024 (2.6 years)
Structure: Exchange Traded Fund
Expense ratio: 0.08% (category 0.62%)
Holdings turnover: 19% (category 43%)
Distribution yield: 3.11%
Beta, 3 years: 0.00
Total net assets: $1.6B
Average maturity: 10.38 years

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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