IEF vs VTEB

Comparison between ISHARES 7-10 YEAR TREASURY BOND ETF (IEF, ETF) and VANGUARD TAX-EXEMPT BOND INDEX FUND ETF SHARES (VTEB, ETF).

5-Year PerformanceVTEB has outperformed IEF, delivering a return of +0.9% compared to -1.0%

IEF vs VTEB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IEF(ETF)	VTEB(ETF)
Net Assets	$49B	$46B
Expense Ratio	0.15%	0.03%
Max Drawdown	27.72%	17.00%
Sharpe Ratio	0.06	0.81
5Y Beta	-0.00	0.03
5Y Dividends CAGR	29.93%	11.72%

Net Assets

Winner

IEF

$49B

VTEB

$46B

Expense Ratio

IEF

0.15%

Winner

VTEB

0.03%

Max Drawdown

IEF

27.72%

Winner

VTEB

17.00%

Sharpe Ratio

IEF

0.06

Winner

VTEB

0.81

5Y Beta

Winner

IEF

-0.00

VTEB

0.03

5Y Dividends CAGR

Winner

IEF

29.93%

VTEB

11.72%

IEF vs VTEB - Historical Returns

Returns include dividend reinvestment.

Period	IEF	VTEB
1 month	-0.89%	-0.12%
3 months	-2.04%	-0.61%
6 months	-0.49%	+1.17%
1 year	+4.60%	+5.74%
5 years(CAGR)	-0.97%	+0.87%
10 years(CAGR)	+0.65%	+2.03%
Max(CAGR)	+3.41%	+2.36%

IEF

-0.89%

Winner

VTEB

-0.12%

IEF

-2.04%

Winner

VTEB

-0.61%

IEF

-0.49%

Winner

VTEB

+1.17%

IEF

+4.60%

Winner

VTEB

+5.74%

5Y(CAGR)

IEF

-0.97%

Winner

VTEB

+0.87%

10Y(CAGR)

IEF

+0.65%

Winner

VTEB

+2.03%

Max(CAGR)

Winner

IEF

+3.41%

VTEB

+2.36%

IEF vs VTEB - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	IEF	VTEB
2026	-0.57%	+0.60%
2025	+7.97%	+3.58%
2024	-0.26%	+1.63%
2023	+2.84%	+5.87%
2022	-14.36%	-7.95%
2021	-3.35%	+1.14%
2020	+9.50%	+5.08%
2019	+7.80%	+7.32%
2018	+1.32%	+1.20%
2017	+2.60%	+5.10%
2016	+0.58%	+0.06%
2015	+1.00%	+2.44%
2014	+8.64%	N/A
2013	-5.66%	N/A
2012	+4.33%	N/A
2011	+16.00%	N/A
2010	+9.10%	N/A
2009	-5.23%	N/A
2008	+17.07%	N/A
2007	+10.05%	N/A
2006	+2.53%	N/A
2005	+2.44%	N/A
2004	+4.97%	N/A
2003	+3.73%	N/A
2002	+6.25%	N/A

IEF vs VTEB Drawdown Comparison

The maximum drawdown for IEF was -23.92%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The maximum drawdown for VTEB was -17.00%, occurring on Mar 19, 2020. Recovery took 100 trading sessions.

The current IEF drawdown is -11.35%. The current VTEB drawdown is -1.21%.

Rank	IEF	VTEB
#1	-23.92% Aug 4, 2020 - Oct 19, 2023	-17.00% Mar 9, 2020 - Jul 30, 2020
#2	-10.40% Dec 30, 2008 - Jun 28, 2010	-12.64% Jul 22, 2021 - Dec 4, 2024
#3	-9.07% May 1, 2013 - Oct 14, 2014	-5.82% Jul 5, 2016 - Aug 23, 2017
#4	-8.81% Jul 8, 2016 - May 28, 2019	-4.76% Dec 6, 2024 - Sep 11, 2025
#5	-8.53% Jun 13, 2003 - Mar 16, 2004	-2.71% Feb 27, 2026 - Mar 24, 2026
#6	-8.01% Oct 11, 2010 - Jul 13, 2011	-2.27% Dec 6, 2017 - Dec 7, 2018
#7	-7.21% Mar 16, 2004 - Sep 22, 2004	-2.04% Feb 10, 2021 - Jun 4, 2021
#8	-6.18% Mar 20, 2008 - Sep 15, 2008	-1.57% Aug 15, 2019 - Jan 3, 2020
#9	-5.37% Sep 17, 2008 - Nov 19, 2008	-1.40% Aug 10, 2020 - Nov 19, 2020
#10	-5.35% Jan 30, 2015 - Jan 28, 2016	-1.14% Sep 8, 2017 - Dec 6, 2017
#11	-4.91% Jun 1, 2005 - Sep 21, 2006	-0.95% Feb 11, 2016 - Apr 5, 2016
#12	-4.68% Mar 9, 2020 - Apr 1, 2020	-0.82% Aug 25, 2015 - Sep 24, 2015
#13	-4.40% Sep 22, 2011 - Dec 19, 2011	-0.63% Jun 16, 2016 - Jun 24, 2016
#14	-4.03% Oct 9, 2002 - Feb 13, 2003	-0.54% Oct 30, 2015 - Nov 20, 2015
#15	-3.91% Feb 9, 2005 - May 5, 2005	-0.52% Jun 10, 2021 - Jul 7, 2021

Correlation

Correlation between IEF and VTEB is 0.64 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.64

-101

Dividend Comparison (2002 - 2026)

IEF vs VTEB dividend yield comparison.

Year	IEF	VTEB
2026	1.30%	1.14%
2025	3.77%	3.29%
2024	3.62%	3.14%
2023	2.91%	2.79%
2022	1.96%	2.09%
2021	0.83%	1.64%
2020	1.08%	1.99%
2019	2.08%	2.30%
2018	2.24%	2.25%
2017	1.82%	1.96%
2016	1.81%	1.66%
2015	1.90%	0.58%
2014	2.05%	0.00%
2013	1.77%	0.00%
2012	1.79%	0.00%
2011	2.55%	0.00%
2010	3.24%	0.00%
2009	3.96%	0.00%
2008	3.71%	0.00%
2007	4.29%	0.00%
2006	4.23%	0.00%
2005	3.87%	0.00%
2004	3.74%	0.00%
2003	3.80%	0.00%
2002	2.07%	0.00%