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VTES · Vanguard Short-term Tax-exempt Bond ETF
Over the last 4 years (2023-04 to 2026-10), $10,000 invested in VTES with dividends reinvested grew to $10,745, 2.03% a year, with a worst peak-to-trough fall of -2.45%. Past performance doesn't predict future results.
Growth of $10,000 · 2023-04 to 2026-10 · dividends reinvested
About VTES
Vanguard Short-Term Tax-Exempt Bond ETF is an exchange-traded fund focused on short-duration U.S. municipal bonds with interest that is generally exempt from federal income tax and the federal alternative minimum tax. The fund seeks to track the S&P 0-7 Year National AMT-Free Municipal Bond Index, giving it exposure to investment-grade debt issued primarily by state and local governments, agencies, and public authorities. Its portfolio is designed to emphasize lower interest-rate sensitivity than longer-maturity municipal bond funds while maintaining a broad, diversified mix of tax-exempt securities. The ETF is used by investors seeking a short-term municipal bond allocation within the fixed income market, and it typically holds a large number of issuers across sectors such as transportation, education, healthcare, utilities, and public finance. Managed by Vanguard, it is positioned as a core short-term municipal income vehicle with a focus on liquidity, diversification, and tax efficiency.
Put VTES to the test
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Would VTES survive 2008? →
What actually happened to it in the crisis: real drawdown and recovery.
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Monte Carlo simulation of where it could go from here.
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Animated growth of steady monthly contributions.
Fundamentals →
Holdings-level financials where available.
Educational use only, not investment advice. Results are hypothetical.Read full disclaimer
This tool is for educational and informational purposes only and does not provide financial, investment, tax, legal, or accounting advice. Results are hypothetical and based on historical data and assumptions that may be inaccurate. Past performance does not guarantee future results. Consult a licensed professional before making investment decisions.