VTEB
Vanguard Tax-Exempt Bond ETFETF · Bonds$48.27-0.25%
as of market close, Sep 18, 2026
☾ AH — —
Vanguard Tax-Exempt Bond ETF returns by year
Through September 18, 2026
Vanguard Tax-Exempt Bond ETF returns by year (2016–2026)#
Calendar-year returns with each year's path and its dividend contribution (dividend return = total minus price return). Every year has a direct link you can bookmark or share.
| Year | Start price | End price | Path | Dividend | Total return |
|---|---|---|---|---|---|
| 2026YTD | $50.29 | $48.27 | +2.2% | -1.8% | |
| 2025 | $50.13 | $50.29 | +3.4% | +3.7% | |
| 2024 | $51.05 | $50.13 | +3.1% | +1.3% | |
| 2023 | $49.49 | $51.05 | +3.0% | +6.2% | |
| 2022 | $54.91 | $49.49 | +1.9% | -8.0% | |
| 2021 | $55.19 | $54.91 | +1.6% | +1.1% | |
| 2020 | $53.54 | $55.19 | +2.1% | +5.2% | |
| 2019 | $51.05 | $53.54 | +2.5% | +7.3% | |
| 2018 | $51.68 | $51.05 | +2.3% | +1.0% | |
| 2017 | $50.26 | $51.68 | +2.0% | +4.9% | |
| 2016 | $50.99 | $50.26 | +1.6% | +0.2% |
- Annualized
- +2.1%
- 2016–2026
- Average year
- +2.3%
- 10 full years
- Best year
- +7.3%
- 2019
- Worst year
- -8.0%
- 2022
- Positive years
- 9/10
- 90% up
Annualized (CAGR)
+2.1%
2016–2026
Average year
+2.3%
10 full years
Best year
+7.3%
2019
Worst year
-8.0%
2022
Positive years
9/10
90% up
Total return by period#
Annual
-5%0%5%
2016+0.18%'16
2017+4.9%'17
2018+1.0%'18
2019+7.3%'19
2020+5.2%'20
2021+1.1%'21
2022-8.0%'22
2023+6.2%'23
2024+1.3%'24
2025+3.7%'25
2026-1.8%'26
Methodology#
Returns are total returns (dividends reinvested), computed from VTEB's split- and dividend-adjusted closes. The bar chart switches between annual and monthly periods. Annualized return is the compound annual growth rate over the full period. The current year is year-to-date. Past performance does not predict future returns; not investment advice.
FAQ#
- What is Vanguard Tax-Exempt Bond ETF's average annual return?
- Since 2016, Vanguard Tax-Exempt Bond ETF (VTEB) has returned about 2.1% a year (the compound annual growth rate) and an average calendar-year return of 2.3%.
- What were Vanguard Tax-Exempt Bond ETF's best and worst years?
- Over 2016–2026, the best year was 2019 (+7.3%) and the worst was 2022 (-8.0%).
- How often is Vanguard Tax-Exempt Bond ETF up in a year?
- 9 of the 10 full years since 2016 were positive — about 90% of the time.
More on Vanguard Tax-Exempt Bond ETF
Annual returns for: S&P 500 · S&P 500 Equal Weight · US Stock Market · Nasdaq-100