Performance analysis of VTES (VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF ETF SHARES)
Annual Return
Over the past 3 years, VTES has had an average annual return of +2.91%, underperforming the benchmark SPY, which returned +19.62% annual.
Since Mar 9, 2023, VTES has had an average annual return of +2.95%, underperforming the benchmark SPY, which returned +22.81% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.60% | +4.19% | +1.85% | +3.32% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.73% | +0.54% | -1.24% | +0.36% | +0.15% | +0.31% | -0.24% | +0.60% | |||||
| 2025 | +0.45% | +0.78% | -0.49% | -0.12% | +0.47% | +0.76% | +0.63% | +0.58% | +0.47% | -0% | +0.21% | +0.38% | +4.19% |
| 2024 | -0.16% | +0.13% | -0.16% | -0.48% | -0.22% | +0.82% | +0.74% | +0.95% | +0.41% | -0.47% | +0.69% | -0.38% | +1.85% |
| 2023 | +1.52% | -0.64% | -0.55% | +0.49% | +0.12% | -0.19% | -1.06% | -0.01% | +2.41% | +1.23% | +3.32% |
Drawdown analysis of VTES (VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF ETF SHARES)
The maximum drawdown for the VTES was -2.41%, occurring on Oct 3, 2023. Recovery took 40 trading sessions.
The current VTES drawdown is -0.67%.
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -2.41% | Apr 12, 2023 | 120 | Oct 3, 2023 | 40 | Nov 29, 2023 | 160 |
| -1.59% | Apr 4, 2025 | 5 | Apr 11, 2025 | 41 | Jun 11, 2025 | 46 |
| -1.47% | Feb 27, 2026 | 17 | Mar 24, 2026 | Ongoing | Ongoing | Ongoing |
| -1.04% | Mar 8, 2024 | 57 | May 30, 2024 | 25 | Jul 8, 2024 | 82 |
| -0.82% | Dec 6, 2024 | 9 | Dec 19, 2024 | 29 | Feb 4, 2025 | 38 |
| -0.78% | Feb 28, 2025 | 19 | Mar 27, 2025 | 6 | Apr 4, 2025 | 25 |
| -0.78% | Oct 1, 2024 | 26 | Nov 6, 2024 | 16 | Nov 29, 2024 | 42 |
| -0.55% | Dec 29, 2023 | 16 | Jan 24, 2024 | 6 | Feb 1, 2024 | 22 |
| -0.50% | Sep 16, 2025 | 32 | Oct 30, 2025 | 35 | Dec 19, 2025 | 67 |
| -0.44% | Feb 1, 2024 | 8 | Feb 13, 2024 | 15 | Mar 6, 2024 | 23 |
| -0.31% | Mar 17, 2023 | 2 | Mar 21, 2023 | 1 | Mar 22, 2023 | 3 |
| -0.22% | Feb 5, 2025 | 5 | Feb 12, 2025 | 6 | Feb 21, 2025 | 11 |
| -0.19% | Aug 6, 2024 | 2 | Aug 8, 2024 | 4 | Aug 14, 2024 | 6 |
| -0.15% | Aug 13, 2025 | 2 | Aug 15, 2025 | 5 | Aug 22, 2025 | 7 |
| -0.15% | Jan 16, 2026 | 1 | Jan 20, 2026 | 3 | Jan 23, 2026 | 4 |
| -0.11% | Aug 14, 2024 | 1 | Aug 15, 2024 | 3 | Aug 20, 2024 | 4 |
| -0.10% | Mar 15, 2023 | 1 | Mar 16, 2023 | 1 | Mar 17, 2023 | 2 |
| -0.10% | Mar 31, 2023 | 1 | Apr 3, 2023 | 2 | Apr 5, 2023 | 3 |
| -0.08% | Aug 27, 2025 | 3 | Sep 2, 2025 | 1 | Sep 3, 2025 | 4 |
| -0.08% | Feb 18, 2026 | 2 | Feb 20, 2026 | 3 | Feb 25, 2026 | 5 |
| -0.08% | Dec 1, 2023 | 1 | Dec 4, 2023 | 1 | Dec 5, 2023 | 2 |
| -0.08% | Sep 10, 2024 | 2 | Sep 12, 2024 | 1 | Sep 13, 2024 | 3 |
| -0.08% | Sep 17, 2024 | 3 | Sep 20, 2024 | 1 | Sep 23, 2024 | 4 |
| -0.08% | Sep 23, 2024 | 2 | Sep 25, 2024 | 2 | Sep 27, 2024 | 4 |
| -0.08% | Feb 26, 2025 | 1 | Feb 27, 2025 | 1 | Feb 28, 2025 | 2 |