IVE vs VTEB

Comparison between ISHARES S&P 500 VALUE ETF (IVE, ETF) and VANGUARD TAX-EXEMPT BOND INDEX FUND ETF SHARES (VTEB, ETF).

5-Year PerformanceIVE has outperformed VTEB, delivering a return of +10.4% compared to +0.9%

IVE vs VTEB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IVE(ETF)	VTEB(ETF)
Net Assets	$47B	$44B
Expense Ratio	0.18%	0.03%
Max Drawdown	62.98%	17.00%
Sharpe Ratio	1.74	0.80
5Y Beta	0.70	0.03
P/E Ratio	24.91	N/A
Forward P/E	19.56	N/A
5Y Dividends CAGR	6.75%	11.72%
5Y EPS CAGR	13.15%	N/A
Debt to Equity	73.44%	N/A
P/S Ratio	1.92	N/A
P/B Ratio	3.49	N/A

Net Assets

Winner

IVE

$47B

VTEB

$44B

Expense Ratio

IVE

0.18%

Winner

VTEB

0.03%

Max Drawdown

IVE

62.98%

Winner

VTEB

17.00%

Sharpe Ratio

Winner

IVE

1.74

VTEB

0.80

5Y Beta

IVE

0.70

Winner

VTEB

0.03

P/E Ratio

IVE

24.91

VTEB

N/A

Forward P/E

IVE

19.56

VTEB

N/A

5Y Dividends CAGR

IVE

6.75%

Winner

VTEB

11.72%

5Y EPS CAGR

IVE

13.15%

VTEB

N/A

Debt to Equity

IVE

73.44%

VTEB

N/A

P/S Ratio

IVE

1.92

VTEB

N/A

P/B Ratio

IVE

3.49

VTEB

N/A

IVE vs VTEB - Historical Returns

Returns include dividend reinvestment.

Period	IVE	VTEB
1 month	+3.70%	+0.52%
3 months	+1.58%	+0.03%
6 months	+8.78%	+1.49%
1 year	+22.98%	+6.27%
5 years(CAGR)	+10.36%	+0.88%
10 years(CAGR)	+11.88%	+2.09%
Max(CAGR)	+7.57%	+2.39%

Winner

IVE

+3.70%

VTEB

+0.52%

Winner

IVE

+1.58%

VTEB

+0.03%

Winner

IVE

+8.78%

VTEB

+1.49%

Winner

IVE

+22.98%

VTEB

+6.27%

5Y(CAGR)

Winner

IVE

+10.36%

VTEB

+0.88%

10Y(CAGR)

Winner

IVE

+11.88%

VTEB

+2.09%

Max(CAGR)

Winner

IVE

+7.57%

VTEB

+2.39%

IVE vs VTEB - Annual Returns (2000 - 2026)

Returns include dividend reinvestment.

Year	IVE	VTEB
2026	+5.79%	+0.90%
2025	+13.56%	+3.58%
2024	+11.40%	+1.63%
2023	+21.54%	+5.87%
2022	-5.84%	-7.95%
2021	+26.39%	+1.14%
2020	+0.83%	+5.08%
2019	+31.09%	+7.32%
2018	-9.66%	+1.20%
2017	+14.31%	+5.10%
2016	+18.72%	+0.06%
2015	-3.25%	+2.44%
2014	+13.14%	N/A
2013	+28.54%	N/A
2012	+15.37%	N/A
2011	-1.91%	N/A
2010	+13.12%	N/A
2009	+18.11%	N/A
2008	-38.04%	N/A
2007	+1.44%	N/A
2006	+18.64%	N/A
2005	+6.29%	N/A
2004	+15.70%	N/A
2003	+27.52%	N/A
2002	-21.10%	N/A
2001	-10.41%	N/A
2000	+7.90%	N/A

IVE vs VTEB Drawdown Comparison

The maximum drawdown for IVE was -61.33%, occurring on Mar 9, 2009. Recovery took 1362 trading sessions.

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

The current IVE drawdown is -0.23%. The current VTEB drawdown is -0.91%.

Rank	IVE	VTEB
#1	-61.33% Oct 9, 2007 - Mar 8, 2013	-17.00% Mar 9, 2020 - Jul 30, 2020
#2	-44.22% Feb 1, 2001 - Dec 21, 2004	-12.64% Jul 22, 2021 - Dec 4, 2024
#3	-37.04% Feb 12, 2020 - Jan 6, 2021	-5.82% Jul 5, 2016 - Aug 23, 2017
#4	-19.24% Jan 26, 2018 - May 3, 2019	-4.76% Dec 6, 2024 - Sep 11, 2025
#5	-18.03% Apr 20, 2022 - Feb 1, 2023	-2.71% Feb 27, 2026 - Mar 24, 2026
#6	-17.58% Nov 29, 2024 - Aug 22, 2025	-2.27% Dec 6, 2017 - Dec 7, 2018
#7	-15.03% May 21, 2015 - Jun 7, 2016	-2.04% Feb 10, 2021 - Jun 4, 2021
#8	-10.98% Jul 31, 2023 - Dec 1, 2023	-1.57% Aug 15, 2019 - Jan 3, 2020
#9	-10.18% Jul 13, 2007 - Oct 9, 2007	-1.40% Aug 10, 2020 - Nov 19, 2020
#10	-9.57% Feb 2, 2023 - Jun 13, 2023	-1.14% Sep 8, 2017 - Dec 6, 2017
#11	-7.86% Sep 11, 2000 - Oct 31, 2000	-0.95% Feb 11, 2016 - Apr 5, 2016
#12	-7.84% May 9, 2006 - Sep 20, 2006	-0.82% Aug 25, 2015 - Sep 24, 2015
#13	-7.64% May 3, 2019 - Jul 1, 2019	-0.63% Jun 16, 2016 - Jun 24, 2016
#14	-7.51% Mar 7, 2005 - Jun 17, 2005	-0.54% Oct 30, 2015 - Nov 20, 2015
#15	-7.29% Jan 12, 2022 - Apr 20, 2022	-0.52% Jun 10, 2021 - Jul 7, 2021

Correlation

Correlation between IVE and VTEB is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (2000 - 2026)

IVE vs VTEB dividend yield comparison.

Year	IVE	VTEB
2026	0.35%	1.14%
2025	1.61%	3.29%
2024	2.04%	3.14%
2023	1.65%	2.79%
2022	2.10%	2.09%
2021	1.81%	1.64%
2020	2.37%	1.99%
2019	2.11%	2.30%
2018	2.74%	2.25%
2017	2.12%	1.96%
2016	2.26%	1.66%
2015	2.44%	0.58%
2014	2.14%	0.00%
2013	2.04%	0.00%
2012	2.34%	0.00%
2011	2.29%	0.00%
2010	2.08%	0.00%
2009	2.56%	0.00%
2008	4.26%	0.00%
2007	2.32%	0.00%
2006	1.91%	0.00%
2005	2.02%	0.00%
2004	1.62%	0.00%
2003	1.60%	0.00%
2002	1.92%	0.00%
2001	1.50%	0.00%
2000	0.94%	0.00%