Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
Vanguard Tax-Exempt Bond Index Fund ETF Shares (VTEB)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
07/29/2025: VTEB (1-star) is a SELL. SELL since 2 days. Profits (-0.53%). Updated daily EoD!
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -2.15% | Avg. Invested days 31 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/29/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.96 | 52 Weeks Range 46.76 - 50.26 | Updated Date 06/29/2025 |
52 Weeks Range 46.76 - 50.26 | Updated Date 06/29/2025 |
Upturn AI SWOT
Vanguard Tax-Exempt Bond Index Fund ETF Shares
ETF Overview
Overview
The Vanguard Tax-Exempt Bond Index Fund ETF Shares (VTEB) seeks to track the performance of a broad, market-weighted bond index with a focus on investment-grade municipal bonds. Its investment strategy involves holding a diverse portfolio of tax-exempt bonds issued by state and local governments, agencies, and authorities. The fund prioritizes a passive investment approach to replicate the index's composition.
Reputation and Reliability
Vanguard is a highly reputable and reliable issuer known for its low-cost investment products and strong track record in the market.
Management Expertise
Vanguard has a highly experienced management team specializing in index tracking and fixed-income investments.
Investment Objective
Goal
The primary investment goal of VTEB is to track the investment performance of the S&P National AMT-Free Municipal Bond Index.
Investment Approach and Strategy
Strategy: VTEB aims to track the S&P National AMT-Free Municipal Bond Index.
Composition VTEB primarily holds investment-grade municipal bonds.
Market Position
Market Share: VTEB holds a significant market share in the municipal bond ETF sector.
Total Net Assets (AUM): 27300000000
Competitors
Key Competitors
- iShares National Muni Bond ETF (MUB)
- Invesco National AMT-Free Municipal Bond ETF (PZA)
- SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (SHM)
Competitive Landscape
The municipal bond ETF market is competitive, with VTEB and MUB dominating the landscape. VTEB's low expense ratio and Vanguard's brand recognition give it a competitive edge. However, MUB's longer history and slightly different index tracking offer investors an alternative. Smaller players like PZA and SHM target specific segments of the municipal bond market.
Financial Performance
Historical Performance: Historical performance data can be obtained from financial websites. It consistently matches the performance of the S&P National AMT-Free Municipal Bond Index.
Benchmark Comparison: VTEB's performance closely mirrors the S&P National AMT-Free Municipal Bond Index.
Expense Ratio: 0.05
Liquidity
Average Trading Volume
VTEB exhibits robust liquidity with a high average trading volume, facilitating easy buying and selling of shares.
Bid-Ask Spread
VTEB generally has a narrow bid-ask spread, minimizing transaction costs for investors.
Market Dynamics
Market Environment Factors
Economic indicators such as interest rates, inflation, and state/local government finances influence VTEB's performance. Sector growth is tied to municipal bond issuance and demand. Current market conditions, including the yield curve and credit spreads, impact bond valuations.
Growth Trajectory
VTEB's growth is linked to increasing investor demand for tax-exempt income and the overall growth of the municipal bond market. The strategy and holdings have remained consistent.
Moat and Competitive Advantages
Competitive Edge
VTEB benefits from Vanguard's strong brand reputation, low expense ratio, and efficient index tracking. Its scale allows for tighter tracking of the underlying index and cost efficiencies. The ETF's broad diversification across the municipal bond market reduces risk. VTEB's passive investment approach provides consistent exposure to the asset class.
Risk Analysis
Volatility
VTEB's historical volatility is generally low compared to equity ETFs, reflecting the relative stability of investment-grade municipal bonds.
Market Risk
VTEB is subject to interest rate risk (bond prices fall as interest rates rise), credit risk (issuers may default), and liquidity risk (difficulty selling bonds in adverse market conditions).
Investor Profile
Ideal Investor Profile
The ideal investor for VTEB is a risk-averse individual seeking tax-exempt income and diversification within their fixed-income portfolio.
Market Risk
VTEB is best suited for long-term investors and passive index followers seeking to minimize taxes on their bond income.
Summary
Vanguard Tax-Exempt Bond Index Fund ETF Shares (VTEB) offers investors a low-cost, tax-efficient way to access the broad municipal bond market. Tracking the S&P National AMT-Free Municipal Bond Index, VTEB provides diversified exposure to investment-grade municipal bonds. Its low expense ratio and Vanguard's reputation make it a popular choice for risk-averse investors seeking tax-exempt income. While subject to interest rate and credit risks, VTEB's stability and tax advantages make it a valuable addition to a diversified portfolio. The ETF benefits from robust liquidity and a narrow bid-ask spread.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Vanguard.com
- Morningstar.com
- etf.com
- Bloomberg
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Vanguard Tax-Exempt Bond Index Fund ETF Shares
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
This index includes municipal bonds from issuers that are primarily state or local governments or agencies whose interest is exempt from U.S. federal income taxes and the federal alternative minimum tax (AMT). All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in securities held in the index.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.