SPLB vs VTEI

Comparison between SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF (SPLB, ETF) and VANGUARD INTERMEDIATE-TERM TAX-EXEMPT BOND ETF ETF SHARES (VTEI, ETF).

SPLB vs VTEI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPLB(ETF)	VTEI(ETF)
Net Assets	$1.30B	$1.30B
Expense Ratio	0.04%	0.08%
Max Drawdown	40.25%	4.79%
Sharpe Ratio	0.48	0.92
5Y Beta	0.21	0.02
5Y Dividends CAGR	5.91%	N/A

Net Assets

SPLB

$1.30B

VTEI

$1.30B

Expense Ratio

Winner

SPLB

0.04%

VTEI

0.08%

Max Drawdown

SPLB

40.25%

Winner

VTEI

4.79%

Sharpe Ratio

SPLB

0.48

Winner

VTEI

0.92

5Y Beta

SPLB

0.21

Winner

VTEI

0.02

5Y Dividends CAGR

SPLB

5.91%

VTEI

N/A

SPLB vs VTEI - Historical Returns

Returns include dividend reinvestment.

Period	SPLB	VTEI
1 month	+0.19%	+0.39%
3 months	-0.21%	-0.54%
6 months	+0.45%	+1.40%
1 year	+8.16%	+6.00%
5 years(CAGR)	-1.75%	N/A
10 years(CAGR)	+2.29%	N/A
Max(CAGR)	+5.34%	+3.05%

SPLB

+0.19%

Winner

VTEI

+0.39%

Winner

SPLB

-0.21%

VTEI

-0.54%

SPLB

+0.45%

Winner

VTEI

+1.40%

Winner

SPLB

+8.16%

VTEI

+6.00%

5Y(CAGR)

SPLB

-1.75%

VTEI

N/A

10Y(CAGR)

SPLB

+2.29%

VTEI

N/A

Max(CAGR)

Winner

SPLB

+5.34%

VTEI

+3.05%

SPLB vs VTEI - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	SPLB	VTEI
2026	+0.83%	+0.75%
2025	+7.00%	+4.48%
2024	-0.87%	+1.55%
2023	+9.99%	N/A
2022	-24.50%	N/A
2021	-1.19%	N/A
2020	+12.95%	N/A
2019	+23.01%	N/A
2018	-6.46%	N/A
2017	+12.35%	N/A
2016	+10.84%	N/A
2015	-5.93%	N/A
2014	+15.68%	N/A
2013	-5.10%	N/A
2012	+10.54%	N/A
2011	+16.73%	N/A
2010	+8.75%	N/A
2009	+20.91%	N/A

SPLB vs VTEI Drawdown Comparison

The maximum drawdown for SPLB was -34.47%, occurring on Oct 24, 2022. This drawdown has not yet recovered.

The maximum drawdown for VTEI was -3.64%, occurring on Apr 10, 2025. Recovery took 128 trading sessions.

The current SPLB drawdown is -14.70%. The current VTEI drawdown is -1.16%.

Rank	SPLB	VTEI
#1	-34.47% Sep 22, 2021 - Oct 24, 2022	-3.64% Mar 3, 2025 - Sep 4, 2025
#2	-27.95% Mar 6, 2020 - Jul 7, 2020	-2.61% Feb 27, 2026 - Mar 26, 2026
#3	-13.99% May 2, 2013 - May 1, 2014	-2.06% Feb 1, 2024 - Jul 12, 2024
#4	-12.29% Jan 30, 2015 - Jun 8, 2016	-1.87% Oct 2, 2024 - Dec 4, 2024
#5	-10.67% Aug 6, 2020 - Sep 22, 2021	-1.80% Dec 4, 2024 - Feb 25, 2025
#6	-9.87% Dec 15, 2017 - Apr 10, 2019	-0.69% Aug 5, 2024 - Aug 23, 2024
#7	-9.71% Jul 8, 2016 - Jun 21, 2017	-0.36% Nov 11, 2025 - Nov 28, 2025
#8	-7.96% Aug 26, 2010 - May 17, 2011	-0.35% Sep 23, 2025 - Oct 10, 2025
#9	-6.61% Sep 28, 2009 - Apr 27, 2010	-0.26% Aug 23, 2024 - Sep 5, 2024
#10	-5.11% Aug 28, 2019 - Dec 13, 2019	-0.21% Nov 28, 2025 - Dec 22, 2025
#11	-5.00% Aug 4, 2011 - Sep 22, 2011	-0.20% Jan 15, 2026 - Jan 27, 2026
#12	-4.94% Oct 15, 2012 - Apr 26, 2013	-0.19% Jul 12, 2024 - Jul 30, 2024
#13	-4.83% Nov 1, 2011 - Jan 17, 2012	-0.18% Oct 22, 2025 - Nov 11, 2025
#14	-4.68% May 6, 2010 - Jul 16, 2010	-0.14% Sep 17, 2024 - Sep 27, 2024
#15	-4.46% Aug 28, 2014 - Oct 14, 2014	-0.12% Feb 26, 2025 - Feb 28, 2025

Correlation

Correlation between SPLB and VTEI is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2009 - 2026)

SPLB vs VTEI dividend yield comparison.

Year	SPLB	VTEI
2026	1.81%	1.03%
2025	5.25%	3.00%
2024	5.20%	2.65%
2023	4.60%	0.00%
2022	4.53%	0.00%
2021	3.00%	0.00%
2020	3.01%	0.00%
2019	3.79%	0.00%
2018	4.50%	0.00%
2017	4.06%	0.00%
2016	4.34%	0.00%
2015	4.70%	0.00%
2014	4.25%	0.00%
2013	4.89%	0.00%
2012	4.85%	0.00%
2011	4.94%	0.00%
2010	8.04%	0.00%
2009	5.06%	0.00%