See inside every stock. Pro
WatchlistPro
S&P 5007,663▼ 1.21%Nasdaq26,009▼ 2.60%Dow Jones52,868▲ 0.02%Nasdaq 10028,959▼ 2.90%VIX19.03▲ 14.09%US Dollar101.62▼ 0.16%Gold spot4,093▼ 0.80%WTI103.60▲ 4.15%

Vanguard Short-Term Tax-Exempt Bond (VTES)

Bond ETF · Vanguard · NYSE ARCA · 3,273 holdings
$100.14 ▲ +0.50 (0.50%)
At close · USD · Volume 653,614
Returns and riskCostIncomeDividend historyHoldingsQuestions
52-week range
$98.02 – $102.71
Day's range
$99.93 – $100.17
1-year total return
+1.1%

VTES price chart

Daily, split-corrected, distributions markedEnd-of-day prices

VTES fund facts

FundVanguard Short-Term Tax-Exempt Bond ETF Shares
TickerVTES · NYSE ARCA
Issuer (by our rules)Vanguard
Category (by our rules)Bond
Expense ratio0.05%
Holdings3,273
Net assets (fund, SEC)$2.0B
Yield (last 12 months)2.68%
DistributionsMonthly
52-week range$98.02 – $102.71
Average volume (3 months)614,098
First price in our data9 Mar 2023
Issuer and category are assigned by StocksXray rules from the fund name. Expense ratio and net assets come from SEC filings; where a fund does not file them (for example grantor trusts) the field stays empty.

Returns and risk

1 month
+1.1%
3 months
+0.1%
6 months
+0.1%
Year to date
+0.5%
1 year
+1.1%
3 years a year
+3.4%
5 years a year
n/a
10 years a year
n/a
Volatility (1 year)
1.8%
Largest drop, last year
−3.0%
Largest drop in our data
−3.0%
Total return includes distributions, from end-of-day prices adjusted for splits and distributions, to 22 Oct 2026. Periods of 3 years and longer are annualised and shown only when the fund's history is long enough. Volatility is the standard deviation of daily returns over the last year, annualised. Past performance does not guarantee future results.

Cost: expense ratio

0.05% a year

On $10,000 invested that is about $5 a year in fund costs, taken out of the fund's assets.

Source: the fund's prospectus, as filed with the SEC on 27 Mar 2026 (risk/return summary data). Brokerage commissions and the bid-ask spread are separate costs.

Income: distributions

Paid, last 12 months
2.69 USD
Yield on today's price
2.68%
Frequency
Monthly
Latest ex-date
1 Oct 2026
Full VTES dividend history →
Cash paid per current share (restated for share splits), before tax, from EODHD.

VTES top holdings

#HoldingWeight
1 Vanguard Cmt Funds-Vanguard Municipal Cash Management Fund 2.41%
2 New York City Transitional Finance Authority Future Tax Secured Revenue 0.27%
3 State of California 0.25%
4 New Jersey Economic Development Authority 0.23%
5 Dallas Independent School District 0.23%
6 State of Illinois 0.23%
7 State of New Jersey 0.22%
8 New Jersey Transportation Trust Fund Authority 0.22%
9 Los Angeles Unified School District/CA 0.21%
10 Wyandotte County Unified School District No 500 Kansas City 0.20%
The top 10 make up 4.5% of the fund, out of 3,273 holdings.
Positions as of 31 May 2026, from the fund's Form N-PORT filed with the SEC. Public N-PORT holdings are quarter-end positions published about 60 days later, so they can be months old and the fund may have changed since.

Similar Bond ETFs

LMBS First Trust Low Duration Oppor...0.66% fee · +1.8% 1y SHYG iShares 0-5 Year High Yield Co...0.30% fee · +2.5% 1y PZA Invesco National AMT-Free Muni...0.28% fee · −3.3% 1y BOND PIMCO Active Bond Exchange-Tra...0.54% fee · −1.1% 1y SJNK SPDR Bloomberg Short Term High...0.40% fee · +1.6% 1y GBIL Goldman Sachs Access Treasury...0.12% fee · +3.6% 1y All bond ETFs →
Funds of the same category, nearest in trading size. Similar does not mean equivalent: check holdings and costs.

VTES: frequently asked questions

What is VTES?

VTES is the Vanguard Short-Term Tax-Exempt Bond ETF, issued by Vanguard, listed on NYSE ARCA. By our rules it is classed as "Bond". Its latest SEC filing lists 3,273 holdings.

What is the expense ratio of VTES?

VTES charges 0.05% a year, according to its prospectus filed with the SEC on 27 Mar 2026. On $10,000 that is about $5 a year in fund costs.

Does VTES pay dividends?

Yes. VTES paid 2.69 per share over the last 12 months, monthly, a trailing yield of 2.68% on today's price. The latest ex-dividend date was 1 Oct 2026.

What does VTES hold?

The largest holdings in the latest SEC filing are Vanguard Cmt Funds-Vanguard Municipal Cash Management Fund (2.4%), New York City Transitional Finance Authority Future Tax Secured Revenue (0.3%), State of California (0.3%). The top 10 together make up 4.5% of the fund.

How has VTES performed?

Total return including distributions to 22 Oct 2026: 1 year +1.1%, 3 years +3.4% a year. Past performance does not guarantee future results.

Where the numbers come from

Prices and distributions end-of-day data from EODHD; returns are our own calculations from it.
Expense ratio and holdings SEC filings (prospectus risk/return data and Form N-PORT).
Category, issuer and leverage assigned by StocksXray rules from the fund name.
X-Ray look-through our scores applied to the SEC holdings.
Read the methodology →

StocksXray is for education only and is not financial advice or a recommendation to buy or sell anything. Past performance does not guarantee future results; funds can lose value.