Vanguard Core Tax-Exempt Bond ETF

Vanguard Core Tax-Exempt Bond ETF

About

Vanguard Core Tax-Exempt Bond ETF (US9229077121) is a US-listed bond ETF tracking the S&P Broad AMT-Free Municipal Bond Index. With a expense ratio of 0.12%, it is competitively priced, paying distributions. The fund holds 502 positions with 1.6B in assets.

ISIN
Fund Size $1.6B
Issuer Vanguard
Distribution Pays Distributions
Replication —
Inception Nov 2024
Base Currency USD
Index S&P Broad AMT-Free Municipal Bond Index
Asset Class Bonds
Category Us Bond

Costs

8.8
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
Expense Ratio0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
Inception+0.00%

Holdings

6.4
This fund holds 502 individual investments, offering moderate diversification compared to other ETFs.
#1
US914119F983
0.87%
#2
US57604TGH32
0.70%
#3
US66285WXM36
0.60%
#4
US70917TGR68
0.58%
#5
US474176KM56
0.57%
#6
US09182THS96
0.51%
#7
US39081JAA60
0.49%
#8
US882750W731
0.49%
#9
US70556CAL81
0.49%
#10
US896035DH24
0.48%

Sectors

Allocation by industry sector.

Regions

Geographic allocation by country of risk.

Nerd Stuff

Advanced risk and return metrics (2024-11-30 — 2026-06-18).
14.6%
Volatility
-3.5%
Max Drawdown
0.18
Sharpe Ratio
0.25
Sortino Ratio
0.78
Calmar Ratio
––
Beta
––
Alpha (Jensen's)
––
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

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